A Glimpse Into The Expert Outlook On Bitdeer Technologies Through 8 Analysts
Portfolio Pulse from Benzinga Insights
In the past three months, 8 analysts have provided ratings for Bitdeer Technologies (NASDAQ:BTDR), with a majority being bullish. The average 12-month price target has decreased by 17.72% to $14.81. Analysts have maintained or announced 'Buy' ratings, with price targets ranging from $10.50 to $20.00. Bitdeer Technologies has shown strong financial performance with significant revenue growth, high net margin, and effective debt management.
July 01, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Bitdeer Technologies (NASDAQ:BTDR) has received mostly bullish ratings from 8 analysts over the past three months. The average 12-month price target has decreased by 17.72% to $14.81. Analysts have maintained or announced 'Buy' ratings, with price targets ranging from $10.50 to $20.00. The company has shown strong financial performance with significant revenue growth, high net margin, and effective debt management.
The majority of analysts have given bullish ratings, indicating positive sentiment. However, the decrease in the average price target suggests some caution. The company's strong financial performance, including significant revenue growth and effective debt management, supports a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100