Skip to main
BITF
BITF logo

Bitfarms Ltd (BITF) Stock Forecast & Price Target

Bitfarms Ltd (BITF) Analyst Ratings

Based on 5 analyst ratings
Strong Buy
Strong Buy 60%
Buy 40%
Hold 0%
Sell 0%
Strong Sell 0%

Bulls say

Bitfarms Ltd reported a notable increase in self-mining revenues, reaching $43.4 million, a 7% quarter-over-quarter growth attributed to a 36% increase in average operating hash rate, which climbed to 10.3 EH/s. The overall revenues for the third quarter of 2024 grew by 8% to $44.9 million, reflecting strong performance in both mining and non-mining revenues, which led to an upward revision of the 2024 revenue estimate to $190.7 million. Furthermore, Bitfarms is enhancing its operational efficiency by upgrading its fleet, resulting in improved hash rate capacity and lower electricity costs, which are expected to bolster future profitability through increased EBITDA estimates.

Bears say

Bitfarms reported a significant decline in adjusted EBITDA, dropping to $6.4 million in Q3 2024 from $11.6 million in the prior quarter, alongside a widening net loss that increased from $26.6 million to $35.9 million. The company has also postponed its year-end hash rate guidance for 2024 and withdrawn its 2025 outlook, signaling potential operational challenges that contributed to a 15% sell-off in its stock. Additionally, reduced revenue and adjusted EBITDA estimates for 2025 indicate ongoing pressures from volatile cryptocurrency prices and risks associated with construction and deployment delays within its mining operations.

Bitfarms Ltd (BITF) has been analyzed by 5 analysts, with a consensus rating of Strong Buy. 60% of analysts recommend a Strong Buy, 40% recommend Buy, 0% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Bitfarms Ltd and is not a guaranteed prediction by Public.com or investment advice.

Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy

FAQs About Bitfarms Ltd (BITF) Forecast

Analysts have given Bitfarms Ltd (BITF) a Strong Buy based on their latest research and market trends.

According to 5 analysts, Bitfarms Ltd (BITF) has a Strong Buy consensus rating as of Jun 16, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $4.30, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $4.30, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Bitfarms Ltd (BITF)


Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy
Disclaimer: Any investment listed here, which may be available on the Public platform, is intended to be used for informational purposes only, should not be the sole basis for making an investment decision, and is not a recommendation or advice.