S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Laser breakthrough could send stock soaring 2,467% (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
3 Free Stock Picks per Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
3 Free Stock Picks per Day (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Laser breakthrough could send stock soaring 2,467% (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
3 Free Stock Picks per Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
3 Free Stock Picks per Day (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Laser breakthrough could send stock soaring 2,467% (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
3 Free Stock Picks per Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
3 Free Stock Picks per Day (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Laser breakthrough could send stock soaring 2,467% (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
'Succession' fans brace for series finale of Emmy-winning hit drama
3 Free Stock Picks per Day (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
3 Free Stock Picks per Day (Ad)
Voters in Turkey choose between Erdogan and Kilicdaroglu in presidential runoff
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
NASDAQ:BITF

Bitfarms (BITF) Competitors

$1.10
+0.03 (+2.80%)
(As of 05/26/2023 ET)
Compare
Today's Range
$1.06
▼
$1.13
50-Day Range
$0.90
▼
$1.25
52-Week Range
$0.38
▼
$2.33
Volume
1.81 million shs
Average Volume
4.13 million shs
Market Capitalization
$240.10 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.00
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

BITF vs. OPFI, BTBT, BKKT, ML, HUT, CLSK, CMPO, CIFR, PGY, and GDOT

Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include OppFi (OPFI), Bit Digital (BTBT), Bakkt (BKKT), MoneyLion (ML), Hut 8 Mining (HUT), CleanSpark (CLSK), CompoSecure (CMPO), Cipher Mining (CIFR), Pagaya Technologies (PGY), and Green Dot (GDOT). These companies are all part of the "nondepository credit institutions" industry.

Bitfarms vs.

OppFi (NYSE:OPFI) and Bitfarms (NASDAQ:BITF) are both small-cap business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, media sentiment, profitability, institutional ownership, valuation, community ranking, earnings, analyst recommendations and dividends.

OppFi currently has a consensus price target of $3.00, suggesting a potential upside of 36.36%. Bitfarms has a consensus price target of $2.00, suggesting a potential upside of 81.82%. Given Bitfarms' stronger consensus rating and higher probable upside, analysts plainly believe Bitfarms is more favorable than OppFi.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OppFi
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Bitfarms had 1 more articles in the media than OppFi. MarketBeat recorded 5 mentions for Bitfarms and 4 mentions for OppFi. OppFi's average media sentiment score of 0.93 beat Bitfarms' score of 0.67 indicating that OppFi is being referred to more favorably in the media.

Company Overall Sentiment
OppFi Positive
Bitfarms Positive

OppFi received 5 more outperform votes than Bitfarms when rated by MarketBeat users. Likewise, 57.89% of users gave OppFi an outperform vote while only 50.00% of users gave Bitfarms an outperform vote.

CompanyUnderperformOutperform
OppFiOutperform Votes
11
57.89%
Underperform Votes
8
42.11%
BitfarmsOutperform Votes
6
50.00%
Underperform Votes
6
50.00%

OppFi has a net margin of 1.33% compared to Bitfarms' net margin of -186.19%. OppFi's return on equity of 2.56% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
OppFi 1.33% 2.56% 0.73%
Bitfarms -186.19% -15.91% -11.75%

OppFi has higher revenue and earnings than Bitfarms. OppFi is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OppFi$452.86 million0.53$7.10 million-$0.14-15.71
Bitfarms$142.43 million1.69-$259.74 million-$1.19-0.92

OppFi has a beta of 0.7, suggesting that its share price is 30% less volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.1, suggesting that its share price is 210% more volatile than the S&P 500.

3.2% of OppFi shares are owned by institutional investors. Comparatively, 14.4% of Bitfarms shares are owned by institutional investors. 88.7% of OppFi shares are owned by insiders. Comparatively, 9.5% of Bitfarms shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

OppFi beats Bitfarms on 10 of the 18 factors compared between the two stocks.


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.
Skip Chart

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.
Skip Chart

BITF vs. The Competition

Export to Excel
MetricBitfarmsNondepository credit institutions IndustryBusiness SectorNASDAQ Exchange
Market Cap$240.10M$5.82B$5.00B$6.24B
Dividend YieldN/A5.40%4.71%6.22%
P/E Ratio-0.923.92259.9910.73
Price / Sales1.6916.05299.9886.22
Price / CashN/A18.53237.26107.27
Price / Book0.881.405.607.13
Net Income-$259.74M$522.82M$103.99M$192.91M
7 Day Performance-2.65%-0.61%0.03%0.20%
1 Month Performance-5.17%2.26%0.27%1.33%
1 Year Performance-40.22%-18.38%-10.85%-0.24%

Bitfarms Competitors List

Export to Excel
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPFI
OppFi
1.8478 of 5 stars		$2.14
-2.7%		$3.00
+40.2%		-35.3%$234.95M$452.86M-15.28573Positive News
BTBT
Bit Digital
1.4826 of 5 stars		$2.49
-2.4%		$3.00
+20.5%		+68.9%$205.38M$32.30M-1.8612Short Interest ↓
Gap Up
BKKT
Bakkt
1.4969 of 5 stars		$1.45
-2.0%		$2.45
+69.0%		-48.5%$395.39M$54.60M-0.191,037Short Interest ↑
Gap Down
ML
MoneyLion
1.4321 of 5 stars		$11.43
+11.3%		$68.33
+497.8%		-79.7%$100.58M$340.74M-0.47556
HUT
Hut 8 Mining
1.8635 of 5 stars		$1.93
flat		$2.87
+48.5%		-21.8%$427.05M$115.90M-2.4443Short Interest ↓
Gap Up
CLSK
CleanSpark
2.1072 of 5 stars		$4.51
+1.8%		$7.50
+66.3%		-28.2%$508.23M$131.52M0.0086Gap Up
High Trading Volume
CMPO
CompoSecure
2.5632 of 5 stars		$7.10
-2.6%		$12.25
+72.5%		-6.4%$556.57M$378.48M7.47715
CIFR
Cipher Mining
1.5426 of 5 stars		$2.45
-1.6%		$3.50
+42.9%		+5.8%$609.90M$3.04M-20.4210Short Interest ↑
PGY
Pagaya Technologies
2.0259 of 5 stars		$1.06
-5.4%		$3.64
+243.6%		N/A$747.66M$748.93M-2.16N/AHigh Trading Volume
GDOT
Green Dot
2.7809 of 5 stars		$17.91
+0.7%		$23.43
+30.8%		-40.2%$932.04M$1.45B15.441,200Short Interest ↓
Positive News

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This page (NASDAQ:BITF) was last updated on 5/28/2023 by MarketBeat.com Staff

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