Bitfarms Ltd. (BITF)
NASDAQ: BITF · Real-Time Price · USD
0.8427
-0.1104 (-11.58%)
At close: Mar 28, 2025, 4:00 PM
0.8398
-0.0029 (-0.34%)
After-hours: Mar 28, 2025, 7:59 PM EDT
Bitfarms Stock Forecast
BITF's stock price has decreased by -60.99% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Bitfarms stock have an average target of 4.42, with a low estimate of 3.00 and a high estimate of 6.00. The average target predicts an increase of 424.50% from the current stock price of 0.84.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Bitfarms stock from 6 stock analysts 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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 7 | 7 | 6 |
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 | +315.33% | Mar 27, 2025 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +612.00% | Dec 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +374.66% | Nov 14, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $5 | Buy | Reiterates | $5 | +493.33% | Oct 3, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +374.66% | Sep 23, 2024 |
Financial Forecast
Revenue This Year
397.01M
from 192.88M
Increased by 105.83%
Revenue Next Year
670.14M
from 397.01M
Increased by 68.80%
EPS This Year
0.04
from -0.13
EPS Next Year
0.52
from 0.04
Increased by 1,175.00%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 471.1M | 689.9M |
| Avg | 397.0M | 670.1M |
| Low | 323.2M | 643.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 144.3% | 73.8% |
| Avg | 105.8% | 68.8% |
| Low | 67.5% | 62.2% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.04 | 0.54 |
| Avg | 0.04 | 0.52 |
| Low | 0.04 | 0.50 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | - | 1,212.5% |
| Avg | - | 1,175.0% |
| Low | - | 1,125.0% |
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.