Bitfarms Ltd. (BITF)

Market Cap	1.34B +157.8%
Revenue (ttm)	276.41M +95.0%
Net Income	-128.20M
EPS	-0.25
Shares Out	597.92M
PE Ratio	n/a
Forward PE	24.79
Dividend	n/a
Ex-Dividend Date	n/a

Volume	30,633,610
Open	2.280
Previous Close	2.220
Day's Range	2.181 - 2.360
52-Week Range	0.673 - 6.600
Beta	4.09
Analysts	Buy
Price Target	4.00 (+78.57%)
Earnings Date	Mar 18, 2026

About BITF

Bitfarms Ltd. operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina. It primarily owns and operates data centers housing computers to validate transactions on the bitcoin blockchain, as well as sells computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was formerly known as Bitfarm...

• Industry: Capital Markets
• Sector: Financials
• Founded: 2017
• Employees: 170
• Stock Exchange: NASDAQ
• Ticker Symbol: BITF
• Website: https://www.bitfarms.com

Financial Performance

In 2024, Bitfarms's revenue was $192.88 million, an increase of 31.78% compared to the previous year's $146.37 million. Losses were -$54.06 million, -50.37% less than in 2023.

Analyst Summary

According to 3 analysts, the average rating for BITF stock is "Buy." The 12-month stock price target is $4.0, which is an increase of 78.57% from the latest price.

Price Target

$4.0

(78.57% upside)

Analyst Consensus: Buy