Bitfarms Ltd. (BITF)
NASDAQ: BITF · Real-Time Price · USD
0.9360
-0.0456 (-4.65%)
At close: May 29, 2025, 4:00 PM
0.9464
+0.0104 (1.11%)
After-hours: May 29, 2025, 7:59 PM EDT
Bitfarms Stock Forecast
BITF's stock price has decreased by -57.65% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
According to 4 professional analysts, the 12-month price target for Bitfarms stock ranges from a low of $3.50 to a high of $6.00. The average analyst price target of $4.88 forecasts a 421.37% increase in the stock price over the next year.
Price Target: $4.88 (+421.37%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 27, 2025.
Analyst Ratings
The average analyst rating for Bitfarms stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $4 → $3.5 | Strong Buy | Maintains | $4 → $3.5 | +273.93% | Mar 27, 2025 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +541.03% | Dec 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +327.35% | Nov 14, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $5 | Buy | Reiterates | $5 | +434.19% | Oct 3, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +327.35% | Sep 23, 2024 |
Financial Forecast
Revenue This Year
362.63M
from 192.88M
Increased by 88.01%
Revenue Next Year
670.14M
from 362.63M
Increased by 84.80%
EPS This Year
-0.07
from -0.13
EPS Next Year
0.52
from -0.07
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 443.5M | 689.9M |
| Avg | 362.6M | 670.1M |
| Low | 282.9M | 643.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 129.9% | 90.2% |
| Avg | 88.0% | 84.8% |
| Low | 46.7% | 77.6% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | -0.07 | 0.54 |
| Avg | -0.07 | 0.52 |
| Low | -0.07 | 0.50 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.