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Bitfarms (TSE:BITF)
TSX:BITF
Holding TSE:BITF?
Track your performance easily
See the Price Targets and Ratings of:
BITF Analyst Ratings
Strong Buy
4 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
BITF Stock 12 Month Forecast
Average Price Target
C$5.44
▲(71.70% Upside)
| Highest Price TargetC$7.05 | Average Price TargetC$5.44 | Lowest Price TargetC$3.24 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
B.Riley Financial
Reiterated
11/15/24
H.C. Wainwright
Reiterated
11/14/24
Northland Securities
Reiterated
11/14/24
Cantor Fitzgerald
Assigned
10/01/24
Stifel Nicolaus
Reiterated
09/24/24
ATB Capital Markets
C$5→C$7.5
Buy
136.59%
Upside
Reiterated
06/19/24
Bitfarms (BITF) Receives a Buy from ATB Capital Markets
Compass Point
C$9.87→C$8.46
Buy
166.89%
Upside
Reiterated
05/21/24
Bitfarms Ltd. (BITF) PT Lowered to $6 at Compass PointCompass Point analyst Joe Flynn lowered the price target on Bitfarms Ltd. (NASDAQ: BITF) to $6.00 (from $7.00) while maintaining a Buy rating.
Best Analysts Covering Bitfarms
Which Analyst Should I Follow If I Want to Buy TSE:BITF and Sell After:
1 Month
xxx
Success Rate
1/4 ratings generated profit
Average Return
-4.08%
reiterated a xxx
rating 4 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 25.00% of your transactions generating a profit, with an average return of -4.08% per trade.
3 Months
xxx
Success Rate
2/4 ratings generated profit
Average Return
+1.10%
reiterated a xxx
rating 4 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +1.10% per trade.
1 Year
Success Rate
4/4 ratings generated profit
Average Return
+18.07%
reiterated a buy rating 4 days ago
Copying Mike Colonnese's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +18.07% per trade.
2 Years
xxx
Success Rate
4/4 ratings generated profit
Average Return
+18.07%
reiterated a xxx
rating 4 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +18.07% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
BITF Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
7
7
6
6
6
Buy
3
3
1
0
0
Hold
1
0
1
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
11
10
8
7
7
Each month's total comprises the sum of three months' worth of ratings.
BITF Financial Forecast
BITF Stock Forecast FAQ
What is TSE:BITF’s average 12-month price target, according to analysts?
Based on analyst ratings, Bitfarms’s 12-month average price target is C$5.44.
What is TSE:BITF’s upside potential, based on the analysts’ average price target?
Bitfarms has 71.70% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is TSE:BITF a Buy, Sell or Hold?
Bitfarms has a consensus rating of Strong Buy which is based on 4 buy ratings, 1 hold ratings and 0 sell ratings.
What is Bitfarms’s price target?
The average price target for Bitfarms is C$5.44. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$7.05 ,the lowest forecast is C$3.24. The average price target represents 71.70% Increase from the current price of C$3.17.
The highest analyst price target is C$7.05 ,the lowest forecast is C$3.24. The average price target represents 71.70% Increase from the current price of C$3.17.
What do analysts say about Bitfarms?
Bitfarms’s analyst rating consensus is a Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.
How can I buy shares of TSE:BITF?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.