Patagonia Gold (OTC:HGLD) Stock, Quote.Headers.trade-ideas

Patagonia Gold Corp is a Canada-based mineral exploration company. The firm is engaged in the exploration, development, and production of gold and silver projects in the southern Patagonia region of Argentina and Chile. It also holds interests in mineral exploration companies, which are involved in the identification, acquisition, development, and exploitation of mineral projects. Some of its projects include the Calcatreu, Cap-Oeste, El Tranquilo, La Josefina, La Manchuria, and others.

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Source: Michael Ballanger 04/09/2024

Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the silver market and one copper stock he believes is a Buy.

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Morgan Stanley analyst Bob Huang downgrades Everest Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EG#NYSE">EG</a>) from Overweight to Equal-Weight and lowers the price target from $425 to $340.

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Morgan Stanley Downgrades Everest Group to Equal-Weight, Lowers Price Target to $340

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Acrivon Therapeutics Granted FDA Breakthrough Device Designation For ACR-368 OncoSignature Assay In Endometrial Cancer

Across the recent three months, 6 analysts have shared their insights on Axis Capital Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Axis Capital Holdings, presenting an average target of $103.17, a high estimate of $127.00, and a low estimate of $85.00. This upward trend is apparent, with the current average reflecting a 2.55% increase from the previous average price target of $100.60.
<img src="https://www.benzinga.com/files/images/story/2025/1738760454_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Axis Capital Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$115.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$85.00</td>
<td>$89.00</td>
</tr>
<tr>
<td>Charlie Lederer</td>
<td>BMO Capital</td>
<td>Announces</td>
<td>Market Perform</td>
<td>$93.00</td>
<td>-</td>
</tr>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$110.00</td>
<td>$108.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$89.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Andrew Kligerman</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$127.00</td>
<td>$118.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Axis Capital Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Axis Capital Holdings compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Axis Capital Holdings's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Axis Capital Holdings's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/AXS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Axis Capital Holdings analyst ratings.</a>
<h2>Get to Know Axis Capital Holdings Better</h2>
Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.
<h3>Breaking Down Axis Capital Holdings's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Axis Capital Holdings displayed positive results in 3 months. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 4.2%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Axis Capital Holdings's net margin excels beyond industry benchmarks, reaching 18.06%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Axis Capital Holdings's ROE stands out, surpassing industry averages. With an impressive ROE of 5.17%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.88%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Axis Capital Holdings's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.27.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Axis Capital Holdings Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)

Across the recent three months, 8 analysts have shared their insights on Hartford Finl Servs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">5</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Hartford Finl Servs Gr, presenting an average target of $133.25, a high estimate of $141.00, and a low estimate of $125.00. This current average has increased by 4.51% from the previous average price target of $127.50. 
<img src="https://www.benzinga.com/files/images/story/2025/1738760428_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Hartford Finl Servs Gr. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$140.00</td>
<td>$139.00</td>
</tr>
<tr>
<td>Scott Heleniak</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$125.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Paul Newsome</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$130.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$126.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Elyse Greenspan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$130.00</td>
<td>$134.00</td>
</tr>
<tr>
<td>Meyer Shields</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$139.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Alex Scott</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$135.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Michael Zaremski</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$141.00</td>
<td>$100.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Hartford Finl Servs Gr. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Hartford Finl Servs Gr compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Hartford Finl Servs Gr's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Hartford Finl Servs Gr's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/HIG/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Hartford Finl Servs Gr analyst ratings.</a>
<h2>About Hartford Finl Servs Gr</h2>
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property &amp; Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
<h3>A Deep Dive into Hartford Finl Servs Gr's Financials</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Positive Revenue Trend: Examining Hartford Finl Servs Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.28% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Hartford Finl Servs Gr's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 12.47%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Hartford Finl Servs Gr's ROE stands out, surpassing industry averages. With an impressive ROE of 5.17%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Hartford Finl Servs Gr's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.05%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.27.
<h2>The Basics of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Expectations For Hartford Finl Servs Gr's Future

Brian Riedl, a veteran federal budget analyst with 25 years of experience, has criticized President Donald Trump and Tesla Inc. CEO Elon Musk-led Department of Government Efficiency&#8217;s (DOGE) approach to deficit reduction, arguing that their small-scale savings proposals mask larger deficit-increasing policies that could push the U.S. toward $4 trillion deficits within a decade.
What Happened: Riedl, a senior fellow at the Manhattan Institute, points out that Trump&#8217;s first term added $8 trillion in enacted spending hikes and tax cuts to the deficit, with half unrelated to pandemic measures. According to Riedl&#8217;s analysis, Trump is now proposing approximately $8 trillion more in tax cuts and spending increases over the next decade.
&#8220;I don&#8217;t get excited when DOGE cancels $1 billion in government contracts or saves $3 billion in federal workforce reductions out of a $7,000 billion budget,&#8221; Riedl stated on X, formerly Twitter. &#8220;Not when Trump and Congress are also preparing to add $800 billion more annually in proposed new tax cuts and spending.&#8221;
The budget expert challenges claims about significant administrative savings, noting that even an aggressive 20% reduction in the federal workforce would save only $60 billion while overhauling federal systems might save $80 billion at best.
These potential savings would offset just a small fraction of proposed spending increases, according to Riedl&#8217;s calculations.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">My own 30-year debt-stabilization blueprint is below. This fully-scored plan shows what it &#x2A;really&#x2A; takes to realistically fix the deficit No gimmicks, empty savings targets, fake &quot;easy solutions,&quot; or partisan fantasyland proposals.<a href="https://t.co/gD0ZxPjuHm">https://t.co/gD0ZxPjuHm</a>
&mdash; Brian Riedl &#x1f9c0; &#x1f1fa;&#x1f1e6; (@Brian_Riedl) <a href="https://twitter.com/Brian_Riedl/status/1886930945107759544?ref_src=twsrc%5Etfw">February 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/general/market-summary/25/02/43488205/trump-media-technology-trading-volume-falls-amid-expensive-valuations-and-bearish-charts-heres-what-technical-analysis-for-djt-stock-shows">Trump Media &amp; Technology Trading Volume Falls Amid Expensive Valuations And Bearish Charts: Here&#8217;s What Technical Analysis For DJT Stock Shows</a>
Why It Matters: Particularly concerning for investors is Riedl&#8217;s warning about structural budget constraints. He emphasizes that Trump has exempted Social Security, Medicare, defense, veterans&#8217; benefits, border security, and interest payments from cuts – categories that represent approximately two-thirds of all federal spending and are primary deficit drivers.
&#8220;You can&#8217;t significantly cut the deficit just by cutting waste, firing bureaucrats, and defunding immigrants and foreigners,&#8221; Riedl argues, highlighting the need for comprehensive reform. &#8220;There are no easy shortcuts. You have to stop cutting taxes and then address Social Security, Medicare, defense, and a lot of other popular programs.&#8221;
The analysis comes as the GOP Congress prepares potential legislation that could add $325 billion in new spending this year, further complicating deficit reduction efforts. Riedl warns that current fiscal trajectories could lead to $4 trillion annual deficits within a decade.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/02/43488193/amd-merges-client-gaming-segments-after-59-drop-in-gaming-revenue-aims-to-align-reporting-with-business-focus">AMD Merges Client, Gaming Segments After 59% Drop In Gaming Revenue, Aims To Align Reporting With Business Focus</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Trump And Elon Musk's DOGE Deficit Reduction Plan Could Lead To $4 Trillion Deficits, Warns Budget Expert Brian Riedl: 'No Easy Shortcuts'

In the preceding three months, 16 analysts have released ratings for Bitdeer Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>), presenting a wide array of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">13</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">6</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Bitdeer Technologies, revealing an average target of $21.12, a high estimate of $30.00, and a low estimate of $14.00. This upward trend is evident, with the current average reflecting a 29.97% increase from the previous average price target of $16.25.
<img src="https://www.benzinga.com/files/images/story/2025/1738760416_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Bitdeer Technologies. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Kevin Cassidy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$30.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>John Todaro</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$22.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Kevin Cassidy</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$22.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>John Todaro</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$22.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Mike Grondahl</td>
<td>Northland Capital Markets</td>
<td>Raises</td>
<td>Outperform</td>
<td>$24.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Lucas Pipes</td>
<td>B. Riley Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$24.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Darren Aftahi</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Buy</td>
<td>$29.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Raises</td>
<td>Buy</td>
<td>$29.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Mike Grondahl</td>
<td>Northland Capital Markets</td>
<td>Raises</td>
<td>Outperform</td>
<td>$20.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Kevin Cassidy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$22.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Kevin Cassidy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$17.00</td>
<td>$9.00</td>
</tr>
<tr>
<td>Darren Aftahi</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Buy</td>
<td>$15.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$16.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Mike Grondahl</td>
<td>Northland Capital Markets</td>
<td>Raises</td>
<td>Outperform</td>
<td>$14.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Mike Colonnese</td>
<td>HC Wainwright &amp; Co.</td>
<td>Raises</td>
<td>Buy</td>
<td>$18.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>John Todaro</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$14.00</td>
<td>$14.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Bitdeer Technologies. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Bitdeer Technologies compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Bitdeer Technologies's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Bitdeer Technologies's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/BTDR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Bitdeer Technologies analyst ratings.</a>
<h2>Delving into Bitdeer Technologies's Background</h2>
Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. Its majority business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway.
<h3>Bitdeer Technologies: Delving into Financials</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Negative Revenue Trend: Examining Bitdeer Technologies's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -28.95% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Bitdeer Technologies's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -80.76%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -10.02%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Bitdeer Technologies's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -5.35%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.33.
<h2>Analyst Ratings: What Are They?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Breaking: Wall Street's Next Big Mover
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

BTDR

Assessing Bitdeer Technologies: Insights From 16 Financial Analysts

Donald Trump left the White House in 2021, and he has returned. Why the comeback? Trump&#8217;s commerce-compatible agenda has heavy hitters throughout the business community and politicians lined up to curry favor with the president&#8217;s inner circle. It has resulted in a luxury real estate buying frenzy in DC.
According to The Wall Street Journal, high-end homes in DC and nearby McLean, Va., have been bought at the top of the market. These are some of the recent transactions:
<ul>
<li>Cantor Fitzgerald Chief Executive Howard Lutnick, the president&#8217;s pick for commerce secretary, paid $25 million for the Foxhall-area home of Fox News anchor Bret Baier — a new record for DC.</li>
<li>David McCormick, the new Republican senator from Pennsylvania, purchased a Georgetown house previously owned by the late attorney C. Boyden Gray for $10.5 million.</li>
<li>A Georgetown house owned by Connie Milstein, former ambassador to Malta, was listed for $15.5 million in 2020; it recently went into contract with an asking price of $13.5 million. </li>
</ul>
Trending: <a href="https://www.benzinga.com/money/arrived-centennial">Jeff Bezos-Backed Arrived Homes Hits A Big Sale On Charlotte Property – Investors Earning A 34.7% Return</a>
Other people in the hunt for luxury homes include Treasury Secretary Scott Bessent —who has a portfolio of historic homes — and money manager John Phelan, Trump&#8217;s pick for Navy secretary.&nbsp;
<h2 class="wp-block-heading">Business Titans Looked To Set Up Shop Early</h2>
Part of the reason for the flurry of activity is Trump&#8217;s decision to pick wealthy business executives and DC outsiders for pivotal roles in his administration. Michael Rankin of TTR Sotheby&#8217;s International Realty told The Journal that prospective buyers began house hunting in earnest, even before being confirmed.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
&#8220;There are a lot of folks who are coming to Washington that aren&#8217;t necessarily even politicians, but those that want to be close to the sun,&#8221; Daniel Heider of Sotheby&#8217;s, a seasoned DC agent who brokered the Baier-Lutnick deal. &#8220;They make 2016 look like amuse-bouche for the main entree, which is this moment in time right now.&#8221;&nbsp;
<h2 class="wp-block-heading">Big Tech&#8217;s Embrace Of Trump</h2>
Big Tech&#8217;s embrace of the Trump presidency has also influenced the buying bonanza. The Department of Justice's Biden-era policy of trying to break up the traditionally left-leaning tech industry for alleged monopolization changed their political stance. Trump&#8217;s deregulation, low taxation for the wealthy, and generally pro-business policies have seen an influx of tech and business buyers looking to set up shop in the DC area. However, the inventory shortage in the luxury market has only served to drive higher prices.
See Also: <a href="https://www.benzinga.com/money/arrived-private-credit-fund">Bezos' Favorite Real Estate Platform Launches A Way To Ride The Ongoing Private Credit Boom</a>
Recent tech buyers include:&nbsp;
<ul>
<li>PayPal Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) co-founder <a href="https://www.benzinga.com/media/25/01/43220499/despite-peter-thiel-ties-jd-vance-warns-of-big-tech-billionaires-excessive-clout-theyve-got-too-much-power">Peter Thiel</a> owns a $13 million home in Massachusetts Avenue Heights.</li>
<li>Former Google CEO <a href="https://www.benzinga.com/general/space/25/01/42890773/former-google-ceo-eric-schmidt-invests-in-3d-printed-rocket-maker-as-spacex-led-space-race-heats-up">Eric Schmidt</a> and his wife, Wendy Schmidt, also own a home in DC. In 2023, they paid $15.1 million for a trio of adjoining houses.</li>
<li>Billionaire <a href="https://www.benzinga.com/real-estate/24/11/42195623/e-bay-founder-jeff-skoll-is-buying-a-washington-d-c-mansion-for-20m-heres-a-look-at-some-of-his-other-high-priced-homes">Jeff Skoll</a>, who served as eBay&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBAY#NASDAQ">EBAY</a>) first president, spent $17 million in November to build a compound in McLean, Virginia. </li>
<li><a href="https://www.benzinga.com/news/25/01/42801788/jeff-bezos-says-good-old-days-are-such-an-illusion-as-far-as-planet-earth-is-concerned-but-theres-one-exception">Jeff Bezos</a> owns side-by-side mansions in Kalorama, for which he paid $23 million in 2016.</li>
</ul>
According to Bright MLS data, in November and December, there were 20 sales above $5 million, up from 10 in those months in 2023 and one in 2016, as reported by The Journal. So far in January, seven deals have been above $5 million. Recent bidding wars have been reminiscent of the post-pandemic low-rate era buying frenzy. This is partly because prospective well-healed owners either pay all cash or view higher rates as the cost of doing business.&nbsp;
Read Next:
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<li>It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a></li>
<li>These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a></li>
</ul>

Real Estate

EBAY

PYPL

DC Luxury Market Responds To Trump's Return With Buying Frenzy As Business Elite Aim To Infiltrate Inner Circle

Electronic Arts Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) shares are trading higher premarket on Wednesday after the company reported third-quarter revenue of $1.883 billion, beating <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b43478111/electronic-arts-reports-q3-fy25-results" rel="noreferrer noopener">the consensus of $1.654 billion</a>.
Net bookings reached&nbsp;$2.215&nbsp;billion, missed the consensus estimate of $2.325 billion.
Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43456467/electronic-arts-set-to-report-q3-earnings-amid-analyst-downgrade-fc-franchise-concerns-16-year-to-date-stock-decline" rel="noreferrer noopener">Electronic Arts Set To Report Q3 Earnings Amid Analyst Downgrade, FC Franchise Concerns, 16% Year-To-Date Stock Decline</a>
The company said that American Football witnessed double-digit growth in weekly active users year-over-year in the quarter and is on pace to surpass&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$1 billion&nbsp;in net bookings for FY25.</a>
In the quarter, EA introduced Battlefield Labs, a player-driven testing initiative designed to foster innovation ahead of the franchise&#8217;s anticipated FY26 release.
EPS was $1.11 against the $1.07 reported in the prior year quarter.
Notably, last month, the company reported preliminary quarterly numbers, expecting a mid-single-digit decline largely due <a target="_blank" href="https://www.benzinga.com/general/gaming/25/01/43146917/electronic-arts-stock-is-sliding-after-the-close-whats-going-on" rel="noreferrer noopener">to a slowdown in Global Football</a>.
Operating cash flow was&nbsp;$1.176&nbsp;billion&nbsp;for the quarter. As of December 31, cash and cash equivalents stood at&nbsp;$2.78 billion.
Dividend: The company declared a quarterly dividend per share of&nbsp;$0.19, payable on March 19, to stockholders of record as of February 26, 2025.
During the quarter, EA repurchased 2.4 million shares for $375 million. The company plans for an accelerated stock repurchase of $1 billion, aiming to reach $2.5 billion in stockholder returns within the first year of its $5 billion authorization.
Outlook: For the&nbsp;fourth quarter, Electronic Arts expects&nbsp;EPS of&nbsp;$0.65 &#8211; $1.00&nbsp;and revenue of $1.682 billion &#8211; $1.832 billion. The company expects net bookings of $1.444 billion to $1.594 billion in the quarter.
For FY25, the company sees EPS&nbsp;of $3.90 &#8211; $4.25 (previous view $3.82&nbsp;&#8211;&nbsp;$4.33) and revenue of $7.25 billion &#8211; $7.40&nbsp;billion (prior view $7.40 billion&nbsp;&#8211;&nbsp;$7.70 billion).
Also, the company projects net bookings of around $7.00 billion to $7.15 billion in the year, down from the prior outlook of $7.50 billion&nbsp;to&nbsp;$7.80 billion.
Andrew Wilson, CEO of Electronic Arts, said, &#8220;The record success of our&nbsp;EA SPORTS FC 25 Team of the Year event demonstrates our creative teams&#8217; ability to adapt, innovate, and execute at scale.&#8221;
&#8220;As we build on this momentum across EA, we are confident in a return to growth in FY26 and beyond as we bring our next wave of iconic entertainment to players and fans worldwide.&#8221;
Investors can gain exposure to the stock via&nbsp;Roundhill Video Games ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NERD#NASDAQ">NERD</a>) and&nbsp;Global X Video Games &amp; Esports ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HERO#NASDAQ">HERO</a>).
Price Action: EA shares are up 2.99% at $124.87 premarket at the last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/news/earnings/25/02/43457605/us-stocks-likely-to-open-lower-as-trumps-trade-war-continues-to-impact-the-market-volatility-is-the-toll-we-pay-to-invest-says-expert" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Lower As Trump&#8217;s Trade War Continues To Impact The Market: &#8216;Volatility Is The Toll We Pay To Invest,&#8217; Says Expert</a></li>
</ul>
Photo via Shutterstock.

Earnings

Large Cap

Guidance

Movers

HERO

NERD

What's Going On With Electronic Arts Stock Today?

Guggenheim analyst Shahriar Pourreza maintains New Jersey Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NJR#NYSE">NJR</a>) with a Neutral and raises the price target from $53 to $54.

Guggenheim Maintains Neutral on New Jersey Resources, Raises Price Target to $54

U.S. stock futures were lower this morning, with the Nasdaq futures falling over 150 points on Wednesday.
Shares of Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) declined 8.6% to $109.26 in pre-<a href="https://in.benzinga.com/markets/equities/25/02/43488193/amd-merges-client-gaming-segments-after-59-drop-in-gaming-revenue-aims-to-align-reporting-with-business-focus">market trading</a>.
AMD reported upbeat earnings and sales results for the fourth quarter after the market closed on Tuesday. The company expects first-quarter revenue of approximately $7.1 billion, plus or minus $300 million. At the midpoint, the revenue guidance represents year-over-year growth of approximately 30%.
Advanced Micro Devices shares dipped 8.6% to $109.26 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>FMC Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMC#NYSE">FMC</a>) shares fell 20.7% to $42.78 in pre-market trading following weak guidance.</li>
<li>Oscar Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>) fell 12.3% to $13.40 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results and issued FY25 sales guidance below estimates.</li>
<li>Intapp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTA#NASDAQ">INTA</a>) dipped 8.6% to $67.19 in pre-market trading after the company issued FY25 revenue guidance below estimates.</li>
<li>Match Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>) fell 8.4% to $33.40 in pre-market trading after the company reported fourth-quarter financial results and issued first-quarter revenue guidance below estimates..</li>
<li>SunCar Technology Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDA#NASDAQ">SDA</a>) fell 6.8% to $9.60 in pre-market trading after the company announced a follow-on public offering.</li>
<li>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) shares dipped 6.9% to $193.39 in pre-market trading. Alphabet reported better-than-expected fourth-quarter earnings, while sales missed estimates. Google Cloud revenue was up 30% year-over-year to $12 billion.</li>
<li>Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) fell 5.2% to $55.94 in pre-market trading following mixed fourth-quarter financial results and a decline in restaurant level operating margin..</li>
</ul>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43460681/jim-cramer-says-no-to-bigbear-ai-recommends-buying-this-tech-stock">Jim Cramer Says No To BigBear.ai, Recommends Buying This Tech Stock</a></li>
</ul>

Pre-Market Outlook

GOOG

INTA

MTCH

OSCR

Market Index Target Term Securities Linked To The Dow Jones Industrial Average

AMD, Alphabet, Chipotle And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Offerings

AZTR

Azitra Reported Tuesday The Purchase Of 3.34M Shares Of Common Stock At $0.2785 Per Share For Gross Proceeds Of $930,000

Morgan Stanley analyst Dara Mohsenian maintains PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) with a Equal-Weight and lowers the price target from $185 to $168.

Morgan Stanley Maintains Equal-Weight on PepsiCo, Lowers Price Target to $168

Rosenblatt analyst Barton Crockett downgrades Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) from Buy to Neutral and raises the price target from $473 to $658.

SPOT

Rosenblatt Downgrades Spotify Technology to Neutral, Raises Price Target to $658

Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) reported better-than-expected fiscal fourth-quarter 2024 sales <a href="https://www.benzinga.com/quote/spot/earnings">results on Tuesday</a>. 
Spotify reported quarterly earnings of $1.88 per share, which missed the analyst consensus estimate of $2.06 per share. The company reported quarterly sales of $4.53 billion (4.24 billion euros), up by 16% year-on-year, which beat the analyst consensus estimate of $4.15 billion.
Spotify expects fiscal first-quarter 2025 revenue of $4.48 billion (4.2 billion euros) versus a consensus of $4.17 billion and total MAUs of 678 million. Spotify paid $10 billion to the music industry in 2024, contributing ~$60 billion since its founding. The premium subscribers rose to 252 million.
Spotify shares gained 13.2% to close at $621.77 on Tuesday.
These analysts made changes to their price targets on Spotify following earnings announcement.
<ul>
<li>Canaccord Genuity analyst Maria Ripps maintained Spotify Technology with a Buy and raised the price target from $650 to $700.</li>
<li>Guggenheim analyst Michael Morris maintained the stock with a Buy and raised the price target from $520 to $675.</li>
</ul>
Considering buying SPOT stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="626" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05075446/image-2-8-1024x626.png" alt="" class="wp-image-767033" style="width:558px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05075446/image-2-8-1024x626.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05075446/image-2-8-300x183.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05075446/image-2-8-768x469.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05075446/image-2-8.png 1083w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43460681/jim-cramer-says-no-to-bigbear-ai-recommends-buying-this-tech-stock">Jim Cramer Says No To BigBear.ai, Recommends Buying This Tech Stock</a></li>
</ul>

These Analysts Increase Their Forecasts On Spotify After Q4 Results

Morgan Stanley analyst Terence Flynn maintains Merck &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>) with a Equal-Weight and lowers the price target from $113 to $106.

Morgan Stanley Maintains Equal-Weight on Merck & Co, Lowers Price Target to $106

The energy transition is reshaping the global mining industry, with demand for critical minerals expected to surge over the coming decades. A shift toward renewable energy and electrification drives demand for commodities like copper, nickel, and <a target="_blank" href="https://www.benzinga.com/etfs/23/07/33233340/rare-earth-elements-explained" rel="noreferrer noopener">rare earth elements</a>.
According to BDO's Annual Mining Report, the demand for key energy transition minerals will <a target="_blank" href="https://www.bdo.co.uk/en-gb/insights/industries/natural-resources-and-energy/annual-mining-report" rel="noreferrer noopener">nearly triple by 2030</a> and quadruple by 2040.
Copper remains a cornerstone of the transition, as it is the only critical mineral vital for all clean energy technologies, such as solar, wind, electric vehicle (EV) manufacturing, and power grids.
While copper prices hit a record high in mid-2024, they later softened due to weak demand from China's property market. In 2025, forecasts suggest continued price constraints due to high inventories despite the long-term positive outlook.
Merger and acquisition activity has surged – with mining giant BHP <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/05/39068033/time-runs-out-for-bhp-deal-49-billion-acquisition-of-anglo-american-proves-too-complex-to-solve" rel="noreferrer noopener">unsuccessfully bidding</a> for Anglo American and launching a <a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/40031488/bhp-to-unlock-south-american-copper-riches-partners-with-lundin-for-filo-acquisition" rel="noreferrer noopener">joint venture</a> with Lundin. Meanwhile, sector leader Freeport-McMoRan is opting for <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/09/41098074/freeport-mcmoran-sticks-with-organic-growth-takes-advantage-of-geodiversity" rel="noreferrer noopener">capex-driven internal expansion</a>.
Nickel, a metal essential for battery technologies, has faced a turbulent period. In 2024, an oversupply from Indonesia and China led to <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/07/39749321/bhp-halts-nickel-mine-were-not-able-to-overcome-economic-challenges-driven-by-oversupply" rel="noreferrer noopener">mine closures</a>, including those operated by Glencore and BHP. However, a rebound is expected in 2025 as supply surpluses narrow and demand for EV batteries remains strong.
Despite the forecasted price stabilization, industry players remain cautious, with some automakers shifting towards alternative battery chemistries that reduce dependence on nickel.
Zinc, another key transition metal used in wind and solar infrastructure, experienced a sluggish first half of 2024 due to subdued industrial activity but rebounded later in the year thanks to Chinese stimulus measures.
In 2025, BDO expects the demand to strengthen as renewable energy projects ramp up. Still, supply constraints and logistical challenges may continue to drive price fluctuations.
The rare earth element market is also in focus as countries look to diversify their supply chains since the U.S., China, and Myanmar account for 92% of global production.
President Donald Trump's recent remark shows the importance of this group of metals, which is vital for producing magnets.
"We're looking to do a deal with Ukraine where they're going to secure what we're giving them with their rare earths and other things," he said,<a target="_blank" href="https://www.reuters.com/markets/commodities/trump-says-he-wants-ukraine-supply-us-with-rare-earths-2025-02-03/" rel="noreferrer noopener"> per</a> Reuters.
Looking forward, despite opportunities created by the energy transition, BDO notes a pressing demographic challenge.
Per McKinsey's <a target="_blank" href="https://www.mckinsey.com/industries/metals-and-mining/our-insights/has-mining-lost-its-luster-why-talent-is-moving-elsewhere-and-how-to-bring-them-back" rel="noreferrer noopener">survey</a> of Canadian mining companies, 70% of people between 15 and 30 years old would not consider working in mining. Meanwhile, between 2016 and 2022, the number of mining engineering graduates in the U.S. fell by 41%.
While the industry tries to reverse the trend by integrating advanced technologies and enhancing sustainability efforts to create a more attractive work environment – closing the skills gap remains a key. To drive the next phase of mining evolution, the future workforce will need expertise in automation, AI, and environmental management.
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43432736/copper-stocks-on-shaky-ground-jpmorgan-analysts-say-tariffs-deepseek-cloud-outlook" target="_blank" rel="noreferrer noopener">Copper Stocks On Shaky Ground, JPMorgan Analysts Say: Tariffs, DeepSeek Cloud Outlook</a></li>
</ul>
Photo via Shutterstock

Global

COPX

CPER

PICK

PowerShares Dynamic Basic Materials Sector Portfolio

Market Vectors Rare Earth/Strategic Metals Etf

REMX

SLVP

Critical Metal Demand To Triple By 2030, But Demographics Pose Risks

Rosenblatt analyst Kevin Cassidy maintains Bitdeer Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) with a Buy and raises the price target from $22 to $30.

Rosenblatt Maintains Buy on Bitdeer Technologies, Raises Price Target to $30

WIIM

EVAX

Evaxion Biotech shares are trading lower. The stock may be moving on continued weakness after Lake Street cut its price target on the stock yesterday from $35 to $6.

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains Hartford Finl Servs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>) with a Outperform and raises the price target from $139 to $140.

Keefe, Bruyette & Woods Maintains Outperform on Hartford Finl Servs Gr, Raises Price Target to $140

Solidion Technology shares are trading lower on possible continued weakness after receiving a NASDAQ notice yesterday regarding its minimum market value of publicly held shares.

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