Q3 Earnings Forecast for BTDR Issued By HC Wainwright

Bitdeer Technologies Group (NASDAQ:BTDR) – Stock analysts at HC Wainwright issued their Q3 2026 EPS estimates for Bitdeer Technologies Group in a report released on Friday, October 2nd. HC Wainwright analyst M. Colonnese expects that the company will post earnings per share of ($0.28) for the quarter. HC Wainwright currently has a “Buy” rating on the stock. The consensus estimate for Bitdeer Technologies Group’s current full-year earnings is ($1.68) per share. HC Wainwright also issued estimates for Bitdeer Technologies Group’s Q4 2026 earnings at ($0.25) EPS, FY2026 earnings at ($1.59) EPS, Q1 2027 earnings at $0.30 EPS, Q2 2027 earnings at $0.66 EPS, Q3 2027 earnings at $0.69 EPS, Q4 2027 earnings at $0.75 EPS and FY2027 earnings at $2.40 EPS.

Bitdeer Technologies Group (NASDAQ:BTDR) last announced its quarterly earnings results on Tuesday, June 30th. The company reported ($0.37) EPS for the quarter. The business had revenue of $228.78 million for the quarter. Bitdeer Technologies Group had a negative net margin of 55.15% and a negative return on equity of 54.72%.

Several other equities research analysts also recently issued reports on the company. Weiss Ratings downgraded Bitdeer Technologies Group from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Friday, October 2nd. Rosenblatt Securities reiterated a “buy” rating and issued a $25.00 price target on shares of Bitdeer Technologies Group in a research report on Tuesday, September 15th. Barclays began coverage on Bitdeer Technologies Group in a research note on Thursday, August 20th. They set an “overweight” rating and a $15.00 price objective on the stock. B. Riley Financial dropped their price objective on Bitdeer Technologies Group from $23.00 to $21.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Finally, Benchmark restated a “buy” rating on shares of Bitdeer Technologies Group in a research note on Tuesday, August 11th. Eleven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $23.27.

Bitdeer Technologies Group Stock Down 4.7%

Bitdeer Technologies Group stock opened at $10.40 on Wednesday. The firm has a 50 day simple moving average of $10.98 and a 200 day simple moving average of $12.56. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.20. Bitdeer Technologies Group has a 1-year low of $6.92 and a 1-year high of $27.80. The firm has a market capitalization of $2.36 billion, a price-to-earnings ratio of -3.40 and a beta of 2.56.

Hedge Funds Weigh In On Bitdeer Technologies Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of Bitdeer Technologies Group by 1,366.7% in the 1st quarter. Bank of America Corp DE now owns 3,227,585 shares of the company’s stock worth $27,919,000 after acquiring an additional 3,007,523 shares during the last quarter. Situational Awareness LP boosted its stake in shares of Bitdeer Technologies Group by 92.4% in the 1st quarter. Situational Awareness LP now owns 3,439,450 shares of the company’s stock valued at $29,751,000 after purchasing an additional 1,651,450 shares in the last quarter. Bank of Nova Scotia grew its holdings in shares of Bitdeer Technologies Group by 91.1% during the 1st quarter. Bank of Nova Scotia now owns 1,369,447 shares of the company’s stock valued at $11,846,000 after purchasing an additional 652,874 shares during the last quarter. Capital Research Global Investors bought a new position in shares of Bitdeer Technologies Group during the 4th quarter valued at $6,009,000. Finally, BlueCrest Capital Management Ltd raised its position in Bitdeer Technologies Group by 5,167.0% in the 2nd quarter. BlueCrest Capital Management Ltd now owns 506,700 shares of the company’s stock worth $8,041,000 after purchasing an additional 516,700 shares during the period. 22.25% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Bitdeer Technologies Group

In other news, insider Haris Basit purchased 25,000 shares of the business’s stock in a transaction on Friday, August 14th. The stock was purchased at an average cost of $8.84 per share, with a total value of $221,000.00. Following the acquisition, the insider directly owned 35,000 shares in the company, valued at approximately $309,400. This trade represents a 250.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Michael Potter purchased 25,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was purchased at an average cost of $9.04 per share, for a total transaction of $226,000.00. Following the acquisition, the chief financial officer owned 25,000 shares of the company’s stock, valued at approximately $226,000. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure.

Key Bitdeer Technologies Group News

Here are the key news stories impacting Bitdeer Technologies Group this week:

• Positive Sentiment: Analyst sees a potential earnings inflection: HC Wainwright maintained a “Buy” rating and forecasts that Bitdeer will improve from estimated losses of $1.59 per share in fiscal 2026 to earnings of $2.40 per share in fiscal 2027. Its estimates turn positive beginning in the first quarter of 2027, including projected full-year earnings of $2.40 per share. Q3 Earnings Forecast for BTDR Issued By HC Wainwright
• Positive Sentiment: Institutional and insider buying provides support: Quiver data showed 156 institutional investors increased their BTDR holdings in the latest quarter, including Lone Pine Capital, Jane Street, Duquesne Family Office and D. E. Shaw. Bitdeer’s chief financial officer and chief strategy officer also purchased 25,000 shares each during the past six months. Bitdeer Technologies Group Stock Short Interest Falls to 37.06%
• Positive Sentiment: Analyst price targets remain well above the recent trading level: Five analysts cited by Quiver have a median BTDR price target of $23, with targets ranging from $15 to $35. This signals substantial upside if Bitdeer delivers on its projected earnings recovery. Bitdeer Technologies Group Stock Short Interest Falls to 37.06%
• Neutral Sentiment: Short interest declined modestly: Short interest fell 1.11% to approximately 55.0 million shares, or 37.06% of the public float. The reduction could ease bearish pressure and create short-squeeze potential, but the still-elevated percentage indicates that skepticism toward BTDR remains significant. Bitdeer Technologies Group Stock Short Interest Falls to 37.06%
• Negative Sentiment: Near-term profitability remains weak: HC Wainwright expects losses of $0.28 per share in the third quarter of 2026 and $0.25 per share in the fourth quarter, while the broader consensus calls for a $1.72 per-share loss for the current year. These estimates may weigh on BTDR until the anticipated 2027 earnings recovery becomes more visible.

About Bitdeer Technologies Group

Bitdeer Technologies Group is a Singapore-based technology company focused on cryptocurrency mining and high-performance computing. The company operates an integrated platform that includes digital asset mining, mining-machine hosting and hash-rate sharing services for institutional and individual customers.

Bitdeer also develops proprietary cryptocurrency-mining hardware under the SEALMINER brand. Its activities span the design, production and deployment of application-specific integrated circuit (ASIC) mining machines, as well as the operation of data centers that support its own mining activities and hosting customers.

The company operates data-center and mining infrastructure across multiple international markets, including North America, Europe and Asia.