Bitdeer Faces Class Action Lawsuit After Q3 Earnings Miss
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Globenewswire
- Earnings Miss: Bitdeer reported a Q3 2025 loss of -$1.28 per share, significantly below the consensus estimate of -$0.22, resulting in a 14.9% drop in stock price on November 11, 2025, which undermines investor confidence.
- Project Delays: The company failed to timely disclose the production status of the SEAL04 chip, which is expected to impact future product launches and market competitiveness, exacerbating investor anxiety.
- Fire Incident: On November 12, 2025, a fire at Bitdeer's construction site in Ohio damaged 2 of 26 buildings, leading to a further 20.3% decline in stock price, reflecting increased operational risks for the company.
- Legal Action: Faruqi & Faruqi LLP is investigating potential claims against Bitdeer and reminds investors to apply by February 2, 2026, to become lead plaintiffs in a class action, indicating rising legal pressures on the company.
BTDR
$11.49+Infinity%1D
Analyst Views on BTDR
Wall Street analysts forecast BTDR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BTDR is 32.18 USD with a low forecast of 25.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
11 Buy
0 Hold
0 Sell
Strong Buy
Current: 11.310
Low
25.00
Averages
32.18
High
40.00
Current: 11.310
Low
25.00
Averages
32.18
High
40.00
About BTDR
Bitdeer Technologies Group is a technology company for blockchain. It provides computing solutions for customers. The Company handles processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, and equipment management. It primarily operates three business lines, namely self-mining, hash rate sharing, and hosting. Self-mining refers to cryptocurrency mining for its own account, which allows it to directly capture the high appreciation potential of cryptocurrency. It offers two types of hash rate sharing solutions, namely Cloud Hash Rate and Hash Rate Marketplace. Through Cloud Hash Rate, the Company sells its hash rate to customers. It offers hash rate subscription plans at a fixed price and shares mining income with them under certain arrangements. Its hosting services offer customers one-stop mining rig hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
