Bitfarms (BITF) Stock Price, News & Analysis

Company Overview

Bitfarms Ltd. is a vertically integrated Bitcoin mining and data center company. Its primary business is operating specialized computing equipment that validates transactions on the Bitcoin network and earns Bitcoin rewards. The company also develops and operates power and data center infrastructure to support its mining activities.

Founded in 2017, Bitfarms has focused on building and managing large-scale mining facilities in locations with access to relatively low-cost electricity, including hydroelectric power. The company has operated facilities in Canada, the United States, Paraguay and Argentina, serving the global Bitcoin network through its geographically distributed infrastructure.

Bitfarms is headquartered in Toronto, Canada, and its shares trade on the Nasdaq and the Toronto Stock Exchange under the symbol BITF. The company is led by Chief Executive Officer Ben Gagnon, with Nicolas Bonta serving as chairman of the board.

Key Stats

• Today's Range: $1.70 to $1.88
• 50-Day Range: $1.65 to $4.15
• 52-Week Range: $0.70 to $6.60
• Volume: 33.41 million shs
• Average Volume: 47.55 million shs
• Market Capitalization: $1.13 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.90
• Consensus Rating: Hold

Bitfarms Stock Analysis - MarketRank™

Bitfarms scored higher than 34% of companies evaluated by MarketBeat, and ranked 451st out of 584 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Bitfarms has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 2 buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

Bitfarms has a consensus price target of $3.90, representing about 108.6% upside from its current price of $1.87.

Amount of Analyst Coverage

Bitfarms has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Bitfarms are expected to grow in the coming year, from ($0.21) to ($0.04) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bitfarms is -8.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bitfarms is -8.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Bitfarms has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BITF.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bitfarms does not currently pay a dividend.

Dividend Growth

Bitfarms does not have a long track record of dividend growth.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.49

News Sentiment

Bitfarms has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Bitfarms this week, compared to 3 articles on an average week.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bitfarms insiders have not sold or bought any company stock.

Percentage Held by Insiders

9.50% of the stock of Bitfarms is held by insiders.

Percentage Held by Institutions

20.59% of the stock of Bitfarms is held by institutions.

Company Calendar

• Today: 11/07/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:BITF
• CIK: 1812477
• Web: ir.keelinfra.com
• Phone: 64-7259-1790
• Fax: N/A
• Employees: 110
• Year Founded: 2017

Price Target and Rating

• Average Price Target for Bitfarms: $3.90
• High Price Target: $5.00
• Low Price Target: $3.00
• Potential Upside/Downside: +108.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.23)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: -48.26%
• Pretax Margin: -45.71%
• Return on Equity: -4.48%
• Return on Assets: -3.71%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 3.20
• Quick Ratio: 3.14

Sales & Book Value

• Annual Sales: $229.28 million
• Price / Sales: 4.92
• Cash Flow: $0.03 per share
• Price / Cash Flow: 70.53
• Book Value: $1.34 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 602,846,000
• Free Float: 545,576,000
• Market Cap: $1.13 billion
• Optionable: Optionable
• Beta: 3.77