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Bitfarms (BITF) Competitors

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$0.84 +0.09 (+12.60%)
As of 06/30/2025 04:00 PM Eastern

BITF vs. HUT, PWP, CLBK, MBIN, CMPO, PGY, CCB, WULF, VBTX, and LOB

Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Hut 8 (HUT), Perella Weinberg Partners (PWP), Columbia Financial (CLBK), Merchants Bancorp (MBIN), CompoSecure (CMPO), Pagaya Technologies (PGY), Coastal Financial (CCB), TeraWulf (WULF), Veritex (VBTX), and Live Oak Bancshares (LOB). These companies are all part of the "banking" industry.

Bitfarms vs. Its Competitors

Bitfarms (NASDAQ:BITF) and Hut 8 (NASDAQ:HUT) are both small-cap banking companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, risk, earnings, profitability, institutional ownership, media sentiment, valuation and dividends.

Bitfarms has a beta of 3.55, indicating that its share price is 255% more volatile than the S&P 500. Comparatively, Hut 8 has a beta of 4.32, indicating that its share price is 332% more volatile than the S&P 500.

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 31.8% of Hut 8 shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by company insiders. Comparatively, 11.2% of Hut 8 shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Bitfarms currently has a consensus target price of $4.44, indicating a potential upside of 428.15%. Hut 8 has a consensus target price of $25.76, indicating a potential upside of 38.52%. Given Bitfarms' higher possible upside, research analysts clearly believe Bitfarms is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Hut 8
0 Sell rating(s)
0 Hold rating(s)
15 Buy rating(s)
4 Strong Buy rating(s)
3.21

In the previous week, Bitfarms had 16 more articles in the media than Hut 8. MarketBeat recorded 20 mentions for Bitfarms and 4 mentions for Hut 8. Hut 8's average media sentiment score of 0.61 beat Bitfarms' score of 0.01 indicating that Hut 8 is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitfarms
0 Very Positive mention(s)
0 Positive mention(s)
18 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hut 8
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hut 8 has a net margin of -39.92% compared to Bitfarms' net margin of -40.09%. Hut 8's return on equity of 13.00% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-40.09% -12.70% -11.18%
Hut 8 -39.92%13.00%8.25%

Hut 8 has lower revenue, but higher earnings than Bitfarms.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$192.88M2.42-$105.63M-$0.19-4.42
Hut 8$162.38M11.94$331.88MN/AN/A

Summary

Hut 8 beats Bitfarms on 12 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BITF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BITF vs. The Competition

MetricBitfarmsTechnology Services IndustryBusiness SectorNASDAQ Exchange
Market Cap$414.86M$2.35B$13.00B$8.90B
Dividend YieldN/A1.38%2.60%4.13%
P/E Ratio-4.4230.4428.1719.67
Price / Sales2.4235.7939.67110.29
Price / Cash4.1335.8124.0427.49
Price / Book0.635.846.265.42
Net Income-$105.63M$32.14M$188.17M$248.34M
7 Day Performance5.04%2.01%1.07%0.81%
1 Month Performance-7.48%5.96%3.49%5.01%
1 Year Performance-68.65%28.30%25.68%18.10%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
2.6957 of 5 stars
$0.84
+12.6%
$4.44
+428.1%
-67.3%$414.86M$192.88M-4.42110Gap Up
HUT
Hut 8
3.1445 of 5 stars
$15.88
-4.9%
$25.76
+62.3%
+24.1%$1.65B$162.38M0.00219
PWP
Perella Weinberg Partners
1.2371 of 5 stars
$18.65
+4.8%
$23.00
+23.4%
+19.5%$1.65B$878.04M-43.36600
CLBK
Columbia Financial
1.0229 of 5 stars
$14.32
+3.0%
$16.00
+11.7%
-3.1%$1.50B$189.02M-716.00750
MBIN
Merchants Bancorp
4.1871 of 5 stars
$32.07
+2.2%
$47.50
+48.1%
-18.4%$1.47B$1.45B5.89480
CMPO
CompoSecure
1.3928 of 5 stars
$14.04
+0.5%
$16.19
+15.3%
+107.2%$1.44B$420.57M-12.761,007Positive News
PGY
Pagaya Technologies
1.8294 of 5 stars
$18.74
+1.5%
$20.50
+9.4%
+67.1%$1.42B$1.03B-3.70800Gap Up
CCB
Coastal Financial
3.3077 of 5 stars
$92.43
+7.4%
$105.00
+13.6%
+109.9%$1.39B$703.32M27.35380Positive News
WULF
TeraWulf
3.2682 of 5 stars
$3.57
-4.7%
$7.89
+121.3%
-1.6%$1.37B$140.05M-10.806Analyst Revision
VBTX
Veritex
4.6544 of 5 stars
$25.08
+3.2%
$30.25
+20.6%
+23.8%$1.36B$797.62M12.30770Positive News
Analyst Revision
LOB
Live Oak Bancshares
3.8684 of 5 stars
$29.22
+4.9%
$42.25
+44.6%
-14.7%$1.33B$498.34M20.15960

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This page (NASDAQ:BITF) was last updated on 7/1/2025 by MarketBeat.com Staff
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