What is Northland Capmk's Forecast for Bitfarms Q4 Earnings?

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) - Equities research analysts at Northland Capmk lifted 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 anticipates that the company will earn $0.00 per share for the quarter, up from their prior forecast 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 firm had revenue of $77.80 million for the quarter, compared to the consensus estimate of $79.78 million. Bitfarms had a negative return on equity of 9.86% and a negative net margin of 35.09%.

A number of other brokerages have also recently issued reports on BITF. Alliance Global Partners restated a "buy" rating on shares of Bitfarms in a research note on Wednesday, May 14th. Jones Trading started coverage on shares of Bitfarms in a research note on Monday, July 21st. They issued a "buy" rating and a $2.00 price objective for the company. Finally, HC Wainwright reiterated a "buy" rating on shares of Bitfarms in a research report on Wednesday, May 14th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, Bitfarms has an average rating of "Buy" and an average price target of $3.95.

Bitfarms Stock Performance

NASDAQ:BITF traded down $0.01 during trading hours on Thursday, hitting $1.26. 21,247,767 shares of the company traded hands, compared to its average volume of 29,758,548. The stock has a market capitalization of $702.51 million, a price-to-earnings ratio of -7.41 and a beta of 3.50. Bitfarms has a twelve month low of $0.67 and a twelve month high of $2.76. The firm has a 50-day moving average of $1.05 and a 200 day moving average of $1.06. The company has a current ratio of 3.11, a quick ratio of 2.58 and a debt-to-equity ratio of 0.11.

Institutional Investors Weigh In On Bitfarms

A number of hedge funds have recently added to or reduced their stakes in the stock. 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 during the last quarter. Bank of America Corp DE boosted its stake in shares of Bitfarms by 793.6% in the 2nd quarter. Bank of America Corp DE now owns 143,978 shares of the company's stock valued at $121,000 after purchasing an additional 127,865 shares during the last quarter. 272 Capital LP bought a new position in shares of Bitfarms in the 2nd quarter valued at about $88,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of Bitfarms by 38.5% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 783,306 shares of the company's stock valued at $658,000 after acquiring an additional 217,799 shares during the period. Finally, WINTON GROUP Ltd acquired a new stake in shares of Bitfarms in the 2nd quarter valued at approximately $43,000. Institutional investors own 20.59% of the company's stock.

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.