In a report released today, Darren Aftahi from Roth MKM maintained a Buy rating on Bitdeer Technologies, with a price target of $40.00. The company’s shares closed yesterday at $20.12.
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Aftahi covers the Technology sector, focusing on stocks such as Applied Digital Corporation, Bitdeer Technologies, and WhiteFiber, Inc.. According to TipRanks, Aftahi has an average return of 18.7% and a 39.80% success rate on recommended stocks.
In addition to Roth MKM, Bitdeer Technologies also received a Buy from BTIG’s Gregory Lewis in a report issued yesterday. However, on the same day, TR | OpenAI – 4o reiterated a Hold rating on Bitdeer Technologies (NASDAQ: BTDR).
Based on Bitdeer Technologies’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $155.58 million and a GAAP net loss of $147.73 million. In comparison, last year the company earned a revenue of $99.23 million and had a GAAP net loss of $17.74 million
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