What changed in the Feb 12, 2026 BTDR analyst rating updates?

Roth Capital and H.C. Wainwright both maintained **Buy** on **BTDR** on Feb 12, 2026. Each firm lowered its price target to **$30** and **$25** respectively while keeping the Buy rating.

Do the lowered price targets mean BTDR was downgraded?

No. Lower price targets are not downgrades. Both firms kept **Buy**, so the BTDR analyst rating stayed positive despite less upside in the near term. It reflects more cautious forecasts.

How should investors use the BTDR analyst rating now?

Use the BTDR analyst rating as one input among many. Compare the maintained Buy notes and lower targets with Bitdeer’s recent revenue, market cap, and your portfolio risk limits before trading.

Where can I read the analyst notes cited for these BTDR moves?

Roth Capital’s note is reported by TheFly and H.C. Wainwright’s note is on StreetInsider. See the Roth Capital [source](https://thefly.com/permalinks/entry.php/id4292053/9161286394/BTDR-Bitdeer-price-target-lowered-by--at-Roth-Capital-heres-why) and the H.C. Wainwright [source](https://www.streetins

Analyst Ratings

BTDR Bitdeer: Roth and H.C. Wainwright Maintained Buy on Feb 12, 2026

ByDanny Kontos February 13, 2026February 13, 2026

On Feb 12, 2026 two firms maintained Buy on Bitdeer Technologies Group, setting the tone for the BTDR analyst rating conversation. Roth Capital kept a Buy while lowering its target to $30. H.C. Wainwright also kept Buy and cut its target to $25. Both actions signal confidence in Bitdeer’s business fundamentals despite reduced near-term upside. Investors should weigh these maintained buys against the smaller price targets and recent company results.