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NASDAQ: BITF
Bitfarms Ltd Stock Forecast, Predictions & Price Target

Analyst price target for BITF

Based on 5 analysts offering 12 month price targets for Bitfarms Ltd.
Min Forecast
$3.00+32.16%
Avg Forecast
$4.00+76.21%
Max Forecast
$5.00+120.26%

Should I buy or sell BITF stock?

Based on 5 analysts offering ratings for Bitfarms Ltd.
Strong Buy
Strong Buy
2 analysts 40%
Buy
3 analysts 60%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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BITF stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-06-11Find Out Why
lockedlocked$00.00+00.00%2024-06-04
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-04-25
lockedlocked$00.00+00.00%2024-03-26

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Forecast return on equity

Is BITF forecast to generate an efficient return?
Company
96.53%
Industry
23%
Market
78.64%
BITF's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is BITF forecast to generate an efficient return on assets?
Company
82.71%
Industry
5.97%
BITF is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

BITF earnings per share forecast

What is BITF's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$0.20
Avg 2 year Forecast
-$0.00
Avg 3 year Forecast
$0.51

BITF revenue forecast

What is BITF's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$252.1M+51.27%
Avg 2 year Forecast
$442.5M+165.58%
Avg 3 year Forecast
$657.0M+294.28%
BITF's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BITF revenue growth forecast

How is BITF forecast to perform vs Capital Markets companies and vs the US market?
Company
57.01%
Industry
13.25%
Market
9.78%
BITF's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BITF's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BITF vs Capital Market Stocks

TickerPricePrice TargetUp/downsideConsensus
BITF$2.27$4.00+76.21%Strong Buy
AMRK$34.34$46.67+35.90%Strong Buy
TIGR$4.72$6.22+31.78%Strong Buy
HUT$9.93$11.70+17.82%Buy
APLD$4.14$9.60+131.88%Strong Buy

Bitfarms Stock Forecast FAQ

Is Bitfarms Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: BITF) stock is to Strong Buy BITF stock.

Out of 5 analysts, 2 (40%) are recommending BITF as a Strong Buy, 3 (60%) are recommending BITF as a Buy, 0 (0%) are recommending BITF as a Hold, 0 (0%) are recommending BITF as a Sell, and 0 (0%) are recommending BITF as a Strong Sell.

If you're new to stock investing, here's how to buy Bitfarms stock.

What is BITF's earnings growth forecast for 2024-2026?

(NASDAQ: BITF) Bitfarms's forecast annual earnings growth rate of N/A is not forecast to beat the US Capital Markets industry's average forecast earnings growth rate of 24.93%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.62%.

Bitfarms's earnings in 2024 is -$106,950,000.On average, 4 Wall Street analysts forecast BITF's earnings for 2024 to be -$70,367,670, with the lowest BITF earnings forecast at -$185,271,840, and the highest BITF earnings forecast at $10,688,760. On average, 4 Wall Street analysts forecast BITF's earnings for 2025 to be -$890,730, with the lowest BITF earnings forecast at -$89,073,000, and the highest BITF earnings forecast at $92,635,920.

In 2026, BITF is forecast to generate $181,708,920 in earnings, with the lowest earnings forecast at $181,708,920 and the highest earnings forecast at $181,708,920.

What is BITF's revenue growth forecast for 2024-2026?

(NASDAQ: BITF) Bitfarms's forecast annual revenue growth rate of 57.01% is forecast to beat the US Capital Markets industry's average forecast revenue growth rate of 13.25%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.78%.

Bitfarms's revenue in 2024 is $166,633,000.On average, 5 Wall Street analysts forecast BITF's revenue for 2024 to be $89,806,248,936, with the lowest BITF revenue forecast at $78,918,678,000, and the highest BITF revenue forecast at $98,372,221,200. On average, 5 Wall Street analysts forecast BITF's revenue for 2025 to be $157,673,461,680, with the lowest BITF revenue forecast at $116,222,450,400, and the highest BITF revenue forecast at $207,753,865,200.

In 2026, BITF is forecast to generate $234,083,844,000 in revenue, with the lowest revenue forecast at $234,083,844,000 and the highest revenue forecast at $234,083,844,000.

What is BITF's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: BITF) forecast ROA is 82.71%, which is higher than the forecast US Capital Markets industry average of 5.97%.

What is BITF's Price Target?

According to 5 Wall Street analysts that have issued a 1 year BITF price target, the average BITF price target is $4.00, with the highest BITF stock price forecast at $5.00 and the lowest BITF stock price forecast at $3.00.

On average, Wall Street analysts predict that Bitfarms's share price could reach $4.00 by Jun 11, 2025. The average Bitfarms stock price prediction forecasts a potential upside of 76.21% from the current BITF share price of $2.27.

What is BITF's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: BITF) Bitfarms's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that BITF's EPS will be -$0.20 for 2024, with the lowest EPS forecast at -$0.52, and the highest EPS forecast at $0.03. On average, analysts forecast that BITF's EPS will be -$0.00 for 2025, with the lowest EPS forecast at -$0.25, and the highest EPS forecast at $0.26. In 2026, BITF's EPS is forecast to hit $0.51 (min: $0.51, max: $0.51).

What is BITF's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: BITF) forecast ROE is 96.53%, which is considered strong.
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