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

Bitfarms Ltd. (NASDAQ:BITF - Free Report) - Northland Capmk raised their Q3 2025 EPS estimates for shares of Bitfarms in a note issued to investors on Wednesday, May 14th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings per share of $0.00 for the quarter, up from their previous forecast of ($0.01). The consensus estimate for Bitfarms' current full-year earnings is ($0.21) per share. Northland Capmk also issued estimates for Bitfarms' Q4 2025 earnings at ($0.01) EPS.

Bitfarms (NASDAQ:BITF - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.04). Bitfarms had a negative net margin of 69.08% and a negative return on equity of 22.17%. The firm had revenue of $66.85 million during the quarter, compared to the consensus estimate of $67.17 million.

A number of other equities research analysts have also commented on the company. HC Wainwright reduced their price target on Bitfarms from $4.00 to $3.50 and set a "buy" rating on the stock in a research report on Thursday, March 27th. Alliance Global Partners reaffirmed a "buy" rating on shares of Bitfarms in a research note on Thursday, March 27th. Finally, Industrial Alliance Securities set a $3.25 target price on Bitfarms in a report on Thursday, March 27th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $4.01.

Bitfarms Stock Performance

NASDAQ BITF opened at $1.15 on Monday. The company has a market capitalization of $620.08 million, a price-to-earnings ratio of -3.19 and a beta of 3.69. The company has a quick ratio of 3.68, a current ratio of 3.70 and a debt-to-equity ratio of 0.04. Bitfarms has a twelve month low of $0.67 and a twelve month high of $3.28. The stock has a fifty day simple moving average of $0.95 and a 200 day simple moving average of $1.44.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Guided Capital Wealth Management LLC acquired a new stake in Bitfarms during the fourth quarter worth approximately $30,000. Money Concepts Capital Corp bought a new position in shares of Bitfarms during the 4th quarter worth approximately $30,000. National Bank of Canada FI grew its position in shares of Bitfarms by 2,629.2% during the 4th quarter. National Bank of Canada FI now owns 20,633 shares of the company's stock worth $31,000 after buying an additional 19,877 shares during the period. Olympiad Research LP acquired a new stake in shares of Bitfarms during the 4th quarter worth approximately $36,000. Finally, Lifeworks Advisors LLC increased its stake in shares of Bitfarms by 42.4% in the 4th quarter. Lifeworks Advisors LLC now owns 24,664 shares of the company's stock valued at $37,000 after acquiring an additional 7,339 shares in the last quarter. 20.59% of the stock is owned by institutional investors.

About Bitfarms

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.

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