Q4 Earnings Forecast for Bitfarms Issued By Northland Capmk

Key Points

• Northland Capital Markets has revised its Q4 2025 earnings estimate for Bitfarms, predicting earnings of $0.00 per share, up from a previous estimation of ($0.01).
• Bitfarms reported a quarterly loss of ($0.02) EPS, falling short of analysts' expectations, with revenues of $77.80 million compared to the $79.78 million consensus estimate.
• Currently, Bitfarms holds a consensus rating of "Buy" from five analysts, with a target price set at $3.95.

Bitfarms Ltd. (NASDAQ:BITF - Free Report) - Analysts at Northland Capmk boosted their Q4 2025 earnings per share estimates for Bitfarms in a research note issued to investors on Tuesday, August 12th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings per share of $0.00 for the quarter, up from their prior estimate of ($0.01). The consensus estimate for Bitfarms' current full-year earnings is ($0.21) per share.

Bitfarms (NASDAQ:BITF - Get Free Report) last posted its quarterly earnings data on Tuesday, August 12th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The company had revenue of $77.80 million for the quarter, compared to analyst estimates 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 equities research analysts have also weighed in on BITF. HC Wainwright reissued a "buy" rating on shares of Bitfarms in a report on Wednesday, May 14th. Alliance Global Partners reiterated a "buy" rating on shares of Bitfarms in a research note on Wednesday, May 14th. Finally, Jones Trading began coverage on Bitfarms in a report on Monday, July 21st. They issued a "buy" rating and a $2.00 price objective on the stock. Five analysts have rated the stock with a Buy rating, According to MarketBeat.com, Bitfarms has a consensus rating of "Buy" and an average price target of $3.95.

Bitfarms Stock Performance

NASDAQ:BITF traded down $0.0850 during trading hours on Thursday, hitting $1.2950. 27,183,077 shares of the company were exchanged, compared to its average volume of 26,025,229. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.11 and a quick ratio of 3.03. Bitfarms has a 52-week low of $0.67 and a 52-week high of $2.76. The stock has a market capitalization of $722.03 million, a price-to-earnings ratio of -7.62 and a beta of 3.50. The company's 50 day moving average price is $1.06 and its 200-day moving average price is $1.06.

Hedge Funds Weigh In On Bitfarms

Several institutional investors have recently made changes to their positions in BITF. Geode Capital Management LLC grew its position in Bitfarms by 19.9% during the fourth quarter. Geode Capital Management LLC now owns 2,253,046 shares of the company's stock valued at $3,339,000 after buying an additional 373,592 shares during the period. Invesco Ltd. increased 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. Mariner LLC raised its holdings in Bitfarms by 37.4% in the 4th quarter. Mariner LLC now owns 142,043 shares of the company's stock worth $212,000 after purchasing an additional 38,643 shares during the period. XTX Topco Ltd boosted its position in Bitfarms by 272.3% during the fourth quarter. XTX Topco Ltd now owns 448,138 shares of the company's stock worth $668,000 after purchasing an additional 327,770 shares in the last quarter. Finally, Insigneo Advisory Services LLC boosted its position in Bitfarms by 15.3% during the fourth quarter. Insigneo Advisory Services LLC now owns 135,600 shares of the company's stock worth $202,000 after purchasing an additional 18,000 shares in the last quarter. 20.59% of the stock is owned by hedge funds and other institutional investors.

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.