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Bitfarms (TSE:BITF)
TSX:BITF
BITF Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$0.96 - C$4.49
Previous CloseN/A
Volume1.95M
Average Volume (3M)2.10M
Market Cap
$567.73M
Enterprise ValueC$796.26M
Total Cash (Recent Filing)$65.96M
Total Debt (Recent Filing)$15.95M
Price to Earnings (P/E)―
Beta1.21
Next Earnings
May 19, 2025EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.18
Shares Outstanding506,902,920
10 Day Avg. Volume2,061,119
30 Day Avg. Volume2,102,142
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.65
Price to Cash Flow (P/CF)-8.80
P/FCF Ratio0.00
Enterprise Value/Market Cap1.40
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-37.03
Enterprise Value/Ebitda49.03
Forecast
1Y Price Target
C$4.28Price Target Upside281.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
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Bulls Say, Bears Say
Bulls Say
Market PositioningBitfarms is added to the top picks list in the BTC mining sector for 2025 due to significant undervaluation and important updates on BTC mining operations and HPC/AI initiatives.
Operational EfficiencyTransformative fleet upgrades have driven a 45% improvement in Bitfarms’ overall fleet efficiency, enhancing computing power and reducing costs.
Bears Say
Financial PerformanceBITF reported revenues and adjusted EBITDA below previous estimates, driven by slightly higher power costs and less operating hash rate online.
Guidance And ExpectationsBitfarms reported solid 3Q24 results, but delayed its YE2024 hash rate guidance of 21 EH/s to 1H25 and withdrew its 35 EH/s outlook for 2025, which resulted in a 15% sell-off in the stock.
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Options Prices
Currently, No data available
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Ownership Overview
22.16% Insiders
0.11%
Mutual Funds
6.99% Other Institutional Investors
58.22% Public Companies and
Individual Investors
BITF FAQ
What was Bitfarms’s price range in the past 12 months?
Bitfarms lowest stock price was C$0.96 and its highest was C$4.49 in the past 12 months.
What is Bitfarms’s market cap?
Bitfarms’s market cap is $567.73M.
When is Bitfarms’s upcoming earnings report date?
Bitfarms’s upcoming earnings report date is May 19, 2025 which is in 35 days.
How were Bitfarms’s earnings last quarter?
Bitfarms released its earnings results on Mar 27, 2025. The company reported C$0.042 earnings per share for the quarter, beating the consensus estimate of -C$0.055 by C$0.097.
Is Bitfarms overvalued?
According to Wall Street analysts Bitfarms’s price is currently Undervalued.
Does Bitfarms pay dividends?
Bitfarms does not currently pay dividends.
What is Bitfarms’s EPS estimate?
Bitfarms’s EPS estimate is -0.04.
How many shares outstanding does Bitfarms have?
Bitfarms has 506,902,920 shares outstanding.
What happened to Bitfarms’s price movement after its last earnings report?
Bitfarms reported an EPS of C$0.042 in its last earnings report, beating expectations of -C$0.055. Following the earnings report the stock price went down -4.895%.
Which hedge fund is a major shareholder of Bitfarms?
Currently, no hedge funds are holding shares in TSE:BITF
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Bitfarms Stock Smart Score
Underperform
1
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5
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10
Analyst Consensus
Strong Buy
Average Price Target:
C$4.28 (281.85% Upside)
C$4.28 (281.85% Upside)
Blogger Sentiment
Bullish
TSE:BITF Sentiment 81%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $2.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-58.27%
12-Months-Change
Fundamentals
Return on Equity
-11.98%
Trailing 12-Months
Asset Growth
76.28%
Trailing 12-Months
Company Description
Bitfarms
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.
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BITF Company Deck
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BITF Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a positive transformation with strong revenue growth, strategic transactions, and expansion in energy capacity. The company is advancing its HPC and AI strategy, although regulatory uncertainties and high expansion costs pose challenges.Read More>---
BITF Stock 12 Month Forecast
Average Price Target
C$4.28
▲(281.85% Upside)
Technical Analysis
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Best Analysts Covering BITF
1 Year
1 Year Success Rate
4/6 ratings generated profit
1 Year Average Return
+45.45%
initiated a buy rating 3 months ago
Copying Bill Papanastasiou's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +45.45% per trade.
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