BITF

Bitfarms Ltd

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Advanced Chart

1.240

-0.04(-3.125%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

1.305

Open

1.290

VWAP

1.25

Vol

20.32M

Mkt Cap

691.36M

Low

1.220

Amount

25.41M

EV/EBITDA(TTM)

22.63

Total Shares

413.15M

729.51M

EV/OCF(TTM)

P/S(TTM)

2.81

Bitfarms Ltd. is a Canada-based global Bitcoin and vertically integrated data center company that sells its computational power to one or more mining pools from which it receives payment in Bitcoin. It develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. The Company operates Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

92.99M

+65.56%

88.96M

+98.34%

79.80M

+92.07%

Estimates Revision

The market is revising Downward the revenue expectations for Bitfarms Ltd. (BITF) for FY2025, with the revenue forecasts being adjusted by -0.96% over the past three months. During the same period, the stock price has changed by 14.81%.

Revenue Estimates for FY2025

Revise Downward

-0.96%

In Past 3 Month

Stock Price

Go Up

+14.81%

In Past 3 Month

3 Analyst Rating

175.81% Upside

Wall Street analysts forecast BITF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BITF is 3.42 USD with a low forecast of 3.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

0 Hold

0 Sell

Strong Buy

175.81% Upside

Current: 1.240

Low

3.00

Averages

3.42

High

4.00

175.81% Upside

Current: 1.240

Low

3.00

Averages

3.42

High

4.00

JonesResearch

Stephen Glagola

initiated

2025-07-21

Reason

JonesResearch

Stephen Glagola

Price Target

2025-07-21

initiated

Reason

JonesResearch analyst Stephen Glagola initiated coverage of Bitfarms with a Buy rating and $2 price target.

H.C. Wainwright

Buy

maintain

2025-05-14

Reason

H.C. Wainwright

Price Target

2025-05-14

maintain

Buy

Reason

H.C. Wainwright reiterates a Buy rating on Bitfarms with a $4 price target after the company reported Q1 results. Bitfarms is "rapidly transforming" from an international pure-play bitcoin mining company to a U.S.- focused energy and compute business focused on artificial intelligence data center development while maintaining one of the largest and most efficient mining fleets in the industry, the analyst tells investors in a research note. The firm remains bullish on Bitfarms' bitcoin mining business in 2025, which it says "remains significantly undervalued."

HC Wainwright & Co.

Mike Colonnese

Strong Buy

Maintains

$4 → $3.5

2025-03-27

Reason

HC Wainwright & Co.

Mike Colonnese

Price Target

$4 → $3.5

2025-03-27

Maintains

Strong Buy

Reason

Alliance Global Partners

Brian Kinstlinger

Strong Buy

Initiates

2024-12-04

Reason

Alliance Global Partners

Brian Kinstlinger

Price Target

2024-12-04

Initiates

Strong Buy

Reason

Alliance Global Partners analyst Brian Kinstlinger initiated coverage of Bitfarms with a Buy rating and $6 price target. With power capacity of 950 MW, or three times its current operations, Bitfarms can substantially increase its BTC mining hash rate and explore High Performance Computing and AI programs, says the analyst, who adds that much of the company's capacity is in premium locations that have access to the strategically valuable PJM grid following the acquisition of Stronghold. President-elect Trump ran on a pro-Crypto platform and has surrounded himself with like-minded politicians, adds the analyst, who argues that Bitfarms will benefit from a pro-crypto U.S. administration.

HC Wainwright & Co.

Mike Colonnese

Strong Buy

Reiterates

2024-11-14

Reason

HC Wainwright & Co.

Mike Colonnese

Price Target

2024-11-14

Reiterates

Strong Buy

Reason

Cantor Fitzgerald

Brett Knoblauch

Buy

Reiterates

2024-10-03

Reason

Cantor Fitzgerald

Brett Knoblauch

Price Target

2024-10-03

Reiterates

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Bitfarms Ltd (BITF.O) is -75.29, compared to its 5-year average forward P/E of -10.58. For a more detailed relative valuation and DCF analysis to assess Bitfarms Ltd 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-10.58

Current PE

-75.29

Overvalued PE

9.72

Undervalued PE

-30.87

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

3.02

Current EV/EBITDA

5.70

Overvalued EV/EBITDA

6.42

Undervalued EV/EBITDA

-0.38

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.61

Current PS

2.17

Overvalued PS

4.06

Undervalued PS

1.16

Financials

Annual

Quarterly

FY2025Q1

YoY :

+32.85%

66.85M

Total Revenue

FY2025Q1

YoY :

-13.25%

-20.72M

Operating Profit

FY2025Q1

YoY :

+499.92%

-35.88M

Net Income after Tax

FY2025Q1

YoY :

+250.00%

-0.07

EPS - Diluted

FY2025Q1

YoY :

+11.31%

-66.40M

Free Cash Flow

FY2025Q1

YoY :

-96.18%

-0.81

Gross Profit Margin - %

FY2025Q1

YoY :

+68.84%

-232.63

FCF Margin - %

FY2025Q1

YoY :

+351.77%

-53.67

Net Margin - %

FY2025Q1

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

0.0

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

0.0

Volume

Months

6-9

0.0

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

BITF News & Events

Events Timeline

2025-08-07 (ET)

2025-08-07

15:50:04

Trump signs order to allow 401(k) investors to access alternative assets

2025-08-05 (ET)

2025-08-05

07:30:29

Bitfarms announces partnership with T5 Data Centers

2025-07-30 (ET)

2025-07-30

06:16:22

White House to unveil crypto policy report, Reuters reports

News

6.0

08-05TipRanks

3 Best Crypto Stocks to Buy with Over 100% Upside, According to Analysts

7.0

08-02Globenewswire

Bragar Eagel & Squire, P.C. Reminds Investors in Bitfarms or Reddit of The Class Action Lawsuits Filed and Urges Investors to Inquire About Their Rights

3.0

07-29Newsfilter

Bitfarms Schedules Second Quarter 2025 Conference Call on August 12, 2025