Q3 Earnings Estimate for Bitfarms Issued By HC Wainwright

Key Points

• HC Wainwright forecasts Bitfarms to earn ($0.01) per share in Q3 2025, maintaining a "Buy" rating on the stock.
• For the full year 2025, Bitfarms' earnings are estimated at ($0.06) per share, with expectations of a slight recovery to $0.06 per share in FY2026.
• Bitfarms reported a Q2 loss of ($0.02) per share and generated revenue of $77.80 million, falling short of analyst forecasts.

Bitfarms Ltd. (NASDAQ:BITF - Free Report) - Stock analysts at HC Wainwright issued their Q3 2025 earnings estimates for Bitfarms in a note issued to investors on Wednesday, August 13th. HC Wainwright analyst M. Colonnese expects that the company will post earnings of ($0.01) per share for the quarter. HC Wainwright has a "Buy" rating on the stock. The consensus estimate for Bitfarms' current full-year earnings is ($0.21) per share. HC Wainwright also issued estimates for Bitfarms' Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($0.06) EPS and FY2026 earnings at $0.06 EPS.

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

A number of other analysts have also weighed in on the stock. Alliance Global Partners reaffirmed a "buy" rating on shares of Bitfarms in a report on Wednesday, May 14th. Jones Trading started coverage on shares of Bitfarms in a report on Monday, July 21st. They set a "buy" rating and a $2.00 target price on the stock. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $3.95.

Bitfarms Stock Performance

Shares of NASDAQ BITF traded down $0.0350 during midday trading on Friday, hitting $1.2450. The company's stock had a trading volume of 18,653,523 shares, compared to its average volume of 26,021,150. The stock has a fifty day moving average price of $1.07 and a 200 day moving average price of $1.06. Bitfarms has a one year low of $0.67 and a one year high of $2.76. The company has a current ratio of 3.11, a quick ratio of 3.03 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $694.15 million, a price-to-earnings ratio of -7.26 and a beta of 3.50.

Institutional Investors Weigh In On Bitfarms

A number of institutional investors have recently made changes to their positions in the business. Invesco Ltd. boosted its stake in shares of Bitfarms by 9.3% in the 4th quarter. Invesco Ltd. now owns 13,355,913 shares of the company's stock valued at $19,900,000 after purchasing an additional 1,140,037 shares in the last quarter. Vident Advisory LLC boosted its stake in shares of Bitfarms by 70.0% in the 2nd quarter. Vident Advisory LLC now owns 11,364,106 shares of the company's stock valued at $9,538,000 after purchasing an additional 4,677,425 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Bitfarms by 28.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,493,643 shares of the company's stock valued at $4,316,000 after purchasing an additional 1,223,201 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Bitfarms by 52.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,808,165 shares of the company's stock valued at $3,002,000 after purchasing an additional 1,306,212 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Bitfarms by 3.8% in the 2nd quarter. Geode Capital Management LLC now owns 3,449,002 shares of the company's stock valued at $2,860,000 after purchasing an additional 125,156 shares in the last quarter. Hedge funds and other institutional investors 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.