What is Northland Capmk's Forecast for Bitfarms Q3 Earnings?

Key Points

• Northland Capital Markets estimates that Bitfarms will report earnings of ($0.01) per share for Q3 2025, with a current full-year estimate of ($0.21) per share.
• Bitfarms has a consensus rating of "Buy" from five investment analysts, who have set an average price target of $3.95.
• The company's stock opened at $1.25, showing a 2.0% decrease recently, and has a twelve-month price range between $0.67 and $2.76.

Bitfarms Ltd. (NASDAQ:BITF - Free Report) - Northland Capmk issued their Q3 2025 EPS estimates for shares of Bitfarms in a note issued to investors on Tuesday, August 12th. Northland Capmk analyst M. Grondahl expects that the company will earn ($0.01) per share for the quarter. The consensus estimate for Bitfarms' current full-year earnings is ($0.21) per share.

Several other research analysts have also recently weighed in on the stock. Jones Trading began coverage on shares of Bitfarms in a report on Monday, July 21st. They issued a "buy" rating and a $2.00 price target on the stock. Alliance Global Partners reissued a "buy" rating on shares of Bitfarms in a report on Wednesday, May 14th. Finally, HC Wainwright reissued a "buy" rating on shares of Bitfarms in a report on Wednesday, May 14th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $3.95.

Bitfarms Stock Performance

Shares of BITF stock traded down $0.0350 on Friday, reaching $1.2450. The stock had a trading volume of 18,653,523 shares, compared to its average volume of 26,021,150. The company has a quick ratio of 3.03, a current ratio of 3.11 and a debt-to-equity ratio of 0.11. The firm's 50-day moving average is $1.07 and its two-hundred day moving average is $1.06. The firm has a market capitalization of $694.15 million, a price-to-earnings ratio of -7.26 and a beta of 3.50. Bitfarms has a 12 month low of $0.67 and a 12 month high of $2.76.

Bitfarms (NASDAQ:BITF - Get Free Report) last issued its earnings results on Tuesday, August 12th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). The firm had revenue of $77.80 million during the quarter, compared to the consensus estimate of $79.78 million. Bitfarms had a negative net margin of 35.09% and a negative return on equity of 9.86%.

Institutional Trading of Bitfarms

Several large investors have recently made changes to their positions in BITF. Vident Advisory LLC boosted its position in shares of Bitfarms by 70.0% during the 2nd quarter. Vident Advisory LLC now owns 11,364,106 shares of the company's stock worth $9,538,000 after acquiring an additional 4,677,425 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Bitfarms by 40.4% during the second quarter. Invesco Ltd. now owns 13,234,973 shares of the company's stock worth $11,120,000 after purchasing an additional 3,806,810 shares during the period. Continental General Insurance Co. acquired a new position in shares of Bitfarms during the first quarter worth $2,124,000. Paloma Partners Management Co lifted its holdings in shares of Bitfarms by 620.8% during the fourth quarter. Paloma Partners Management Co now owns 1,801,900 shares of the company's stock worth $2,685,000 after purchasing an additional 1,551,900 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Bitfarms by 52.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,808,165 shares of the company's stock worth $3,002,000 after buying an additional 1,306,212 shares during the last quarter. Institutional investors and hedge funds own 20.59% of the company's stock.

Bitfarms Company Profile

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. 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.