Q3 Earnings Estimate for BTDR Issued By HC Wainwright

Bitdeer Technologies Group (NASDAQ:BTDR) – Investment analysts at HC Wainwright issued their Q3 2026 earnings per share estimates for shares of Bitdeer Technologies Group in a note issued to investors on Friday, October 2nd. HC Wainwright analyst M. Colonnese forecasts that the company will earn ($0.28) per share for the quarter. HC Wainwright 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 released its earnings results on Tuesday, June 30th. The company reported ($0.37) earnings per share for the quarter. The business had revenue of $228.78 million for the quarter. Bitdeer Technologies Group had a negative return on equity of 54.72% and a negative net margin of 55.15%.

BTDR has been the subject of several other reports. Needham & Company LLC lowered their price objective on shares of Bitdeer Technologies Group from $22.00 to $20.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Benchmark reaffirmed a “buy” rating on shares of Bitdeer Technologies Group in a research note on Tuesday, August 11th. Weiss Ratings lowered Bitdeer Technologies Group from a “hold (c-)” rating to a “sell (d-)” rating in a report on Friday, October 2nd. Keefe, Bruyette & Woods dropped their price objective on Bitdeer Technologies Group from $14.00 to $10.00 and set a “market perform” rating on the stock in a research note on Thursday, August 13th. Finally, Barclays initiated coverage on Bitdeer Technologies Group in a report on Thursday, August 20th. They set an “overweight” rating and a $15.00 price objective on the stock. Eleven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $23.27.

Bitdeer Technologies Group Trading Down 6.5%

BTDR stock opened at $9.72 on Wednesday. The company has a market capitalization of $2.21 billion, a PE ratio of -3.18 and a beta of 2.56. Bitdeer Technologies Group has a 12 month low of $6.92 and a 12 month high of $27.80. The firm’s 50-day moving average is $10.95 and its 200 day moving average is $12.58. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.01 and a quick ratio of 1.01.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. GAMMA Investing LLC grew its stake in Bitdeer Technologies Group by 57.3% in the second quarter. GAMMA Investing LLC now owns 2,476 shares of the company’s stock valued at $39,000 after purchasing an additional 902 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Bitdeer Technologies Group in the 2nd quarter valued at about $66,000. Hollencrest Capital Management bought a new stake in shares of Bitdeer Technologies Group in the 1st quarter valued at about $43,000. CoreCap Advisors LLC grew its position in shares of Bitdeer Technologies Group by 467.5% in the 3rd quarter. CoreCap Advisors LLC now owns 5,675 shares of the company’s stock worth $60,000 after buying an additional 4,675 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Bitdeer Technologies Group in the 2nd quarter worth approximately $100,000. 22.25% of the stock is owned by institutional investors.

Insider Activity at Bitdeer Technologies Group

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

Bitdeer Technologies Group News Roundup

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

• Positive Sentiment: AI infrastructure expansion: Bitdeer AI signed a 10-year agreement for the 67MW A901 AI Cloud campus in Malaysia. The facility is expected to begin delivery in early 2027 and would increase secured AI Cloud capacity to approximately 273.5MW, or 78% of the company’s 350MW target for the first quarter of 2028. The project is designed for liquid-cooled NVIDIA GB300 systems, supporting Bitdeer’s positioning as a preferred NVIDIA Cloud Partner. Bitdeer AI Expands Southeast Asia Footprint
• Positive Sentiment: Large potential demand: Management said its active AI Cloud pipeline exceeds $10 billion, indicating substantial enterprise demand for AI computing capacity in Southeast Asia. However, the pipeline is not equivalent to contracted revenue. Bitdeer AI Announces 10-Year Agreement
• Positive Sentiment: Capital-return and sentiment signals: Bitdeer launched a new $100 million share-repurchase program. In addition, its CFO and chief strategy officer each purchased 25,000 shares during the past six months, while institutional investors showed more additions than reductions in their latest reported quarter. Bitdeer Technologies Launches Share Repurchase Program
• Neutral Sentiment: Analyst outlook: HC Wainwright reiterated a Buy rating and projected a shift from estimated 2026 losses to $2.40 in 2027 EPS, but near-term estimates remain negative, including approximately $1.59 in 2026 EPS losses. The optimistic forecast depends on successful AI infrastructure deployment and revenue conversion.
• Negative Sentiment: Execution and revenue uncertainty: Bitdeer stated that A901 has no offtake commitments yet. Regulatory approvals, construction, power availability, equipment delivery and customer contracts could delay operations or limit returns on the investment.
• Negative Sentiment: Conflicting facility announcement: The company instructed investors to disregard an earlier release claiming it had secured the 60MW A103 facility. That reversal may increase concerns about disclosure reliability and the pace at which planned capacity becomes revenue-producing. Notice to Disregard Bitdeer Technologies Group
• Negative Sentiment: High-risk financial profile: BTDR remains unprofitable, with negative margins and substantial expected 2026 losses. Short interest remains elevated at 37.06% of the float, although it recently declined modestly.

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.