Barclays Issues Positive Forecast for Bitdeer Technologies Group (NASDAQ:BTDR) Stock Price

09 Oct 2026, 10:49 by Renee Jackson · The Cerbat Gem

Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) had its price objective increased by Barclays from $15.00 to $17.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price objective suggests a potential upside of 75.37% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Cantor Fitzgerald raised shares of Bitdeer Technologies Group from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $15.00 to $18.00 in a report on Wednesday, August 5th. B. Riley Financial lowered their price target on shares of Bitdeer Technologies Group from $23.00 to $21.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Citizens Jmp assumed coverage on shares of Bitdeer Technologies Group in a research report on Wednesday, June 24th. They set a “market outperform” rating and a $35.00 price objective for the company. Needham & Company LLC reduced their price objective on Bitdeer Technologies Group from $22.00 to $20.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $25.00 target price on shares of Bitdeer Technologies Group in a research report on Tuesday, September 15th. Eleven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Bitdeer Technologies Group currently has a consensus rating of “Moderate Buy” and an average price target of $23.45.

View Our Latest Stock Report on BTDR

Bitdeer Technologies Group Stock Performance

Bitdeer Technologies Group stock traded down $0.03 during mid-day trading on Friday, hitting $9.69. 1,386,537 shares of the company’s stock traded hands, compared to its average volume of 9,612,457. The firm has a 50 day simple moving average of $10.95 and a two-hundred day simple moving average of $12.58. Bitdeer Technologies Group has a fifty-two week low of $6.92 and a fifty-two week high of $27.80. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of -3.16 and a beta of 2.56. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.01 and a quick ratio of 1.01.

Bitdeer Technologies Group (NASDAQ:BTDR – Get Free Report) last released its quarterly earnings data on Tuesday, June 30th. The company reported ($0.37) EPS for the quarter. Bitdeer Technologies Group had a negative return on equity of 54.72% and a negative net margin of 55.15%.The company had revenue of $228.78 million for the quarter. On average, research analysts expect that Bitdeer Technologies Group will post -1.68 EPS for the current fiscal year.

Insider Activity

In other Bitdeer Technologies Group news, insider Haris Basit acquired 25,000 shares of the business’s stock in a transaction on Friday, August 14th. The stock was purchased at an average price of $8.84 per share, with a total value of $221,000.00. Following the acquisition, the insider directly owned 35,000 shares of the company’s stock, valued at approximately $309,400. This trade represents a 250.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Michael G. Potter bought 25,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were acquired at an average price of $9.04 per share, for a total transaction of $226,000.00. Following the transaction, the chief financial officer owned 25,000 shares in the company, valued at approximately $226,000. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information.

Institutional Investors Weigh In On Bitdeer Technologies Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC raised its position in shares of Bitdeer Technologies Group by 58.6% in the third quarter. GAMMA Investing LLC now owns 3,928 shares of the company’s stock valued at $41,000 after buying an additional 1,452 shares in the last quarter. CoreCap Advisors LLC grew its position in Bitdeer Technologies Group by 467.5% during the third quarter. CoreCap Advisors LLC now owns 5,675 shares of the company’s stock worth $60,000 after buying an additional 4,675 shares in the last quarter. BlueCrest Capital Management Ltd increased its stake in Bitdeer Technologies Group by 5,167.0% during the 2nd quarter. BlueCrest Capital Management Ltd now owns 506,700 shares of the company’s stock worth $8,041,000 after acquiring an additional 516,700 shares during the period. WINTON GROUP Ltd increased its stake in Bitdeer Technologies Group by 38.4% during the 2nd quarter. WINTON GROUP Ltd now owns 20,200 shares of the company’s stock worth $321,000 after acquiring an additional 5,600 shares during the period. Finally, Engineers Gate Manager LP acquired a new position in Bitdeer Technologies Group in the 2nd quarter valued at $2,115,000. 22.25% of the stock is currently owned by institutional investors and hedge funds.

Bitdeer Technologies Group News Summary

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

Positive Sentiment: Bitdeer AI signed a 10-year data center services agreement for the 67MW A901 campus in Malaysia. The facility is expected to begin delivering capacity in the first quarter of 2027 and reach full capacity in the second quarter, expanding Bitdeer’s presence to a third Malaysian hub and supporting liquid-cooled NVIDIA GB300 systems for enterprise AI workloads. Bitdeer AI Expands Southeast Asia Footprint with A901
Positive Sentiment: The A901 deal raises Bitdeer AI’s secured AI Cloud capacity to approximately 273.5MW, or about 78% of its target of up to 350MW by the first quarter of 2028. Management also estimates its active AI Cloud pipeline exceeds $10 billion, signaling substantial potential demand for its AI data center services. Bitdeer AI signs Malaysia data center deal
Positive Sentiment: Bitdeer launched a new US$100 million share repurchase program. Buybacks can provide support for the stock and signal that management views the current valuation as attractive, though the financial impact will depend on the pace and price of repurchases. Bitdeer Technologies Launches New US$100 Million Share Repurchase Program
Neutral Sentiment: An earlier release regarding a 60MW A103 facility was withdrawn, with readers instructed to disregard it. Investors should therefore focus on the subsequently announced 67MW A901 agreement rather than the conflicting 60MW report. Notice to Disregard Bitdeer Technologies Group
Negative Sentiment: A901 currently has no offtake commitments, and the more than $10 billion pipeline is not contracted revenue or backlog. Regulatory approvals, construction, power availability, equipment delivery and customer contracting could delay monetization. Bitdeer also remains unprofitable, increasing the importance of successfully converting its AI expansion into cash flow.

Bitdeer Technologies Group Company Profile

(Get Free Report)

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.