12 Hot Tech Stocks to Buy According to Wall Street Analysts

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6. Bitdeer Technologies Group (NASDAQ:BTDR)

3-Month Performance as of October 24: 65.09%

Number of Hedge Fund Holders: 12

Average Upside Potential as of October 24: 36.40%

Bitdeer Technologies Group (NASDAQ:BTDR) is one of the hot tech stocks to buy according to Wall Street analysts. On October 22, B. Riley raised the firm’s price target on Bitdeer to $32 from $17 and kept a Buy rating on the shares. This sentiment was announced as the firm updated its estimates and valuations for companies focused on HPC, which resulted in an average increase in price targets of 78% and a rise in 2026 forecasts of 5%.

The firm noted that despite recent stock pullbacks, shares for these companies remain sharply up since midyear 2025. The performance is supported by strong demand for AI-related power and data centers. B. Riley suggested that new deals, such as the reported cloud partnership between Google and Anthropic, could also provide further upside to the sector.

Bitdeer Technologies Group (NASDAQ:BTDR) operates as a technology company for blockchain and HPC in Singapore, the US, Bhutan, and Norway.

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