
BTDR Stock Forecast & Price Target
BTDR Analyst Ratings
Bulls say
Bitdeer Technologies has demonstrated significant growth in its operational metrics, with a total hash rate under management reaching 49.2 EH/s and a self-mining hash rate increasing to 29.1 EH/s, reflecting a remarkable 273.1% year-over-year rise. The company's self-mining revenue surged to $130.9 million, marking increases of 315% year-over-year and 120.7% quarter-over-quarter, driven by enhanced Bitcoin mining capabilities despite rising mining difficulty. Additionally, the membership hosting segment also saw a notable increase in revenue, rising to $14 million, and overall miner efficiency improved significantly, indicating a positive trajectory for the company's operations and capacity expansion through 2026.
Bears say
Bitdeer Technologies Group's financial outlook appears negative primarily due to a substantial decline in hosting revenue, which dropped to $8.4 million in the third quarter of fiscal 2025 due to the expiration of contracts and the removal of inefficient mining machines. Additionally, the company reported a significant negative operating cash flow of $520 million, attributed to high supply chain costs, mining electricity expenses, and corporate overhead. Finally, the company's cloud hash rate revenue fell to effectively zero during the same period, largely because of contract expirations and a strategic shift to self-mining operations, raising concerns about profitability amidst a challenging regulatory environment and volatility in cryptocurrency prices.
This aggregate rating is based on analysts' research of Bitdeer Technologies Group and is not a guaranteed prediction by Public.com or investment advice.
BTDR Analyst Forecast & Price Prediction
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