Bitfarms Ltd. (BITF)
NASDAQ: BITF · Real-Time Price · USD
1.060
+0.040 (3.92%)
At close: May 8, 2025, 4:00 PM
1.070
+0.010 (0.94%)
After-hours: May 8, 2025, 6:59 PM EDT
Bitfarms Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Bitfarms stock have an average target of 4.50, with a low estimate of 3.00 and a high estimate of 6.00. The average target predicts an increase of 324.53% from the current stock price of 1.06.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 27, 2025.
Analyst Ratings
The average analyst rating for Bitfarms stock from 5 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| 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 | 5 |
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 | +230.19% | Mar 27, 2025 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +466.04% | Dec 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +277.36% | Nov 14, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $5 | Buy | Reiterates | $5 | +371.70% | Oct 3, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +277.36% | 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.