Bitdeer stock declines as analysts cut price target due to falling Bitcoin prices.

From StockTwits: 2025-03-18 02:44:16

Bitdeer Technologies Group (BTDR) shares fell nearly 1% in after-hours trade as Rosenblatt analysts cut their price target to $25 from $30 due to falling Bitcoin prices. This implies a 139% upside from Monday’s closing price. Bitcoin has dropped almost 24% since its all-time high in January, affecting Bitdeer’s revenue. Despite strategic initiatives in mining, infrastructure, and AI, Stocktwits sentiment remains bearish. The average price target for Bitdeer is $22.30, with four ‘Strong Buy’ and eight ‘Buy’ ratings. The stock has lost 52% year-to-date, outperforming Bitcoin’s performance. For corrections, email newsroom[at]stocktwits[dot]com.



Read more at StockTwits: Bitdeer Stock Declines On Price-Target Cut At Rosenblatt As Bitcoin Prices Fall: Retail’s Bearish