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Bitfarms (BITF) Competitors

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$3.11 +0.04 (+1.30%)
As of 09/2/2026

BITF vs. APPF, DBX, ZETA, WULF, and GTLB

Should you buy Bitfarms stock or one of its competitors? Bitfarms's main competitors and comparable companies include AppFolio (APPF), Dropbox (DBX), Zeta Global (ZETA), TeraWulf (WULF), and GitLab (GTLB). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "application software" industry.

How does Bitfarms compare to AppFolio?

Bitfarms (NASDAQ:BITF) and AppFolio (NASDAQ:APPF) are both technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their media sentiment, earnings, analyst recommendations, institutional ownership, dividends, risk, valuation and profitability.

Bitfarms presently has a consensus target price of $4.68, indicating a potential upside of 50.32%. AppFolio has a consensus target price of $243.50, indicating a potential upside of 8.91%. Given Bitfarms' higher possible upside, research analysts plainly believe Bitfarms is more favorable than AppFolio.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57
AppFolio
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
3.08

AppFolio has a net margin of 15.13% compared to Bitfarms' net margin of -48.26%. AppFolio's return on equity of 32.42% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-48.26% -4.48% -3.71%
AppFolio 15.13%32.42%25.82%

In the previous week, Bitfarms and Bitfarms both had 5 articles in the media. AppFolio's average media sentiment score of 1.21 beat Bitfarms' score of 0.00 indicating that AppFolio 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)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
AppFolio
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$229.28M8.18-$138.65M-$0.23N/A
AppFolio$950.82M8.33$140.92M$4.3851.04

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 85.2% of AppFolio shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by insiders. Comparatively, 1.6% of AppFolio shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Bitfarms has a beta of 3.77, suggesting that its stock price is 277% more volatile than the broader market. Comparatively, AppFolio has a beta of 0.85, suggesting that its stock price is 15% less volatile than the broader market.

Summary

AppFolio beats Bitfarms on 13 of the 16 factors compared between the two stocks.

How does Bitfarms compare to Dropbox?

Bitfarms (NASDAQ:BITF) and Dropbox (NASDAQ:DBX) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their media sentiment, dividends, analyst recommendations, earnings, profitability, valuation, institutional ownership and risk.

Dropbox has a net margin of 17.49% compared to Bitfarms' net margin of -48.26%. Bitfarms' return on equity of -4.48% beat Dropbox's return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-48.26% -4.48% -3.71%
Dropbox 17.49%-24.26%15.88%

In the previous week, Dropbox had 5 more articles in the media than Bitfarms. MarketBeat recorded 10 mentions for Dropbox and 5 mentions for Bitfarms. Dropbox's average media sentiment score of 0.16 beat Bitfarms' score of 0.00 indicating that Dropbox 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)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Dropbox
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bitfarms has a beta of 3.77, indicating that its share price is 277% more volatile than the broader market. Comparatively, Dropbox has a beta of 0.65, indicating that its share price is 35% less volatile than the broader market.

Bitfarms presently has a consensus price target of $4.68, indicating a potential upside of 50.32%. Dropbox has a consensus price target of $30.75, indicating a potential downside of 13.87%. Given Bitfarms' stronger consensus rating and higher probable upside, equities research analysts plainly believe Bitfarms is more favorable than Dropbox.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57
Dropbox
3 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.75

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 94.8% of Dropbox shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by company insiders. Comparatively, 35.5% of Dropbox shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$229.28M8.18-$138.65M-$0.23N/A
Dropbox$2.52B3.20$508.40M$1.8019.83

Summary

Dropbox beats Bitfarms on 10 of the 16 factors compared between the two stocks.

How does Bitfarms compare to Zeta Global?

Zeta Global (NYSE:ZETA) and Bitfarms (NASDAQ:BITF) are both technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, media sentiment, valuation, risk, earnings, profitability, institutional ownership and analyst recommendations.

87.8% of Zeta Global shares are owned by institutional investors. Comparatively, 20.6% of Bitfarms shares are owned by institutional investors. 10.7% of Zeta Global shares are owned by company insiders. Comparatively, 9.5% of Bitfarms shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Zeta Global has a net margin of -0.15% compared to Bitfarms' net margin of -48.26%. Zeta Global's return on equity of 5.32% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Zeta Global-0.15% 5.32% 3.15%
Bitfarms -48.26%-4.48%-3.71%

Zeta Global has a beta of 1.43, suggesting that its stock price is 43% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.77, suggesting that its stock price is 277% more volatile than the broader market.

In the previous week, Bitfarms had 3 more articles in the media than Zeta Global. MarketBeat recorded 5 mentions for Bitfarms and 2 mentions for Zeta Global. Zeta Global's average media sentiment score of 0.38 beat Bitfarms' score of 0.00 indicating that Zeta Global is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Zeta Global
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bitfarms
0 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Zeta Global presently has a consensus target price of $30.77, indicating a potential downside of 5.50%. Bitfarms has a consensus target price of $4.68, indicating a potential upside of 50.32%. Given Bitfarms' higher probable upside, analysts plainly believe Bitfarms is more favorable than Zeta Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zeta Global
1 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.64
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57

Zeta Global has higher revenue and earnings than Bitfarms. Zeta Global 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
Zeta Global$1.30B6.26-$31.51M-$0.02N/A
Bitfarms$229.28M8.18-$138.65M-$0.23N/A

Summary

Zeta Global beats Bitfarms on 11 of the 16 factors compared between the two stocks.

How does Bitfarms compare to TeraWulf?

TeraWulf (NASDAQ:WULF) and Bitfarms (NASDAQ:BITF) are both technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their media sentiment, valuation, profitability, dividends, analyst recommendations, earnings, institutional ownership and risk.

62.5% of TeraWulf shares are owned by institutional investors. Comparatively, 20.6% of Bitfarms shares are owned by institutional investors. 15.9% of TeraWulf shares are owned by insiders. Comparatively, 9.5% of Bitfarms shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

TeraWulf has a beta of 3.7, indicating that its stock price is 270% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.77, indicating that its stock price is 277% more volatile than the broader market.

TeraWulf presently has a consensus price target of $34.21, suggesting a potential upside of 110.77%. Bitfarms has a consensus price target of $4.68, suggesting a potential upside of 50.32%. Given TeraWulf's stronger consensus rating and higher probable upside, equities analysts plainly believe TeraWulf is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TeraWulf
1 Sell rating(s)
2 Hold rating(s)
16 Buy rating(s)
2 Strong Buy rating(s)
2.90
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57

Bitfarms has a net margin of -48.26% compared to TeraWulf's net margin of -1,179.94%. Bitfarms' return on equity of -4.48% beat TeraWulf's return on equity.

Company Net Margins Return on Equity Return on Assets
TeraWulf-1,179.94% -458.62% -8.54%
Bitfarms -48.26%-4.48%-3.71%

In the previous week, TeraWulf had 18 more articles in the media than Bitfarms. MarketBeat recorded 23 mentions for TeraWulf and 5 mentions for Bitfarms. TeraWulf's average media sentiment score of 1.02 beat Bitfarms' score of 0.00 indicating that TeraWulf is being referred to more favorably in the media.

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TeraWulf$168.46M48.07-$661.42M-$4.37N/A
Bitfarms$229.28M8.18-$138.65M-$0.23N/A

Summary

TeraWulf beats Bitfarms on 10 of the 17 factors compared between the two stocks.

How does Bitfarms compare to GitLab?

GitLab (NASDAQ:GTLB) and Bitfarms (NASDAQ:BITF) are both technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, earnings, profitability, media sentiment and valuation.

95.0% of GitLab shares are owned by institutional investors. Comparatively, 20.6% of Bitfarms shares are owned by institutional investors. 10.6% of GitLab shares are owned by company insiders. Comparatively, 9.5% of Bitfarms shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, GitLab had 69 more articles in the media than Bitfarms. MarketBeat recorded 74 mentions for GitLab and 5 mentions for Bitfarms. GitLab's average media sentiment score of 0.72 beat Bitfarms' score of 0.00 indicating that GitLab is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
GitLab
22 Very Positive mention(s)
9 Positive mention(s)
23 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Bitfarms
0 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

GitLab has a net margin of -4.99% compared to Bitfarms' net margin of -48.26%. GitLab's return on equity of -1.26% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
GitLab-4.99% -1.26% -0.77%
Bitfarms -48.26%-4.48%-3.71%

GitLab presently has a consensus target price of $51.88, indicating a potential upside of 5.21%. Bitfarms has a consensus target price of $4.68, indicating a potential upside of 50.32%. Given Bitfarms' stronger consensus rating and higher possible upside, analysts clearly believe Bitfarms is more favorable than GitLab.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GitLab
3 Sell rating(s)
18 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.21
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57

GitLab has a beta of 0.99, indicating that its share price is 1% less volatile than the broader market. Comparatively, Bitfarms has a beta of 3.77, indicating that its share price is 277% more volatile than the broader market.

GitLab has higher revenue and earnings than Bitfarms. GitLab 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
GitLab$955.22M8.72-$55.96M-$0.32N/A
Bitfarms$229.28M8.18-$138.65M-$0.23N/A

Summary

GitLab beats Bitfarms on 12 of the 17 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

MetricBitfarmsSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$1.87B$15.72B$29.51B$12.73B
Dividend YieldN/A3.40%2.73%8.86%
P/E Ratio-13.52125.0767.9120.78
Price / Sales8.181,293.98591.9892.60
Price / Cash70.5345.8947.3252.26
Price / Book2.327.459.296.14
Net Income-$138.65M$437.25M$678.51M$349.01M
7 Day Performance-7.44%-1.84%-2.37%-1.47%
1 Month Performance-21.66%3.26%1.09%2.47%
1 Year Performance141.09%4.92%186.43%15.84%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
1.4873 of 5 stars
$3.11
+1.3%
$4.68
+50.3%
+129.1%$1.87B$229.28MN/A110
APPF
AppFolio
3.7688 of 5 stars
$233.80
+0.8%
$243.50
+4.1%
-18.0%$8.28B$950.82M53.381,702
DBX
Dropbox
2.4294 of 5 stars
$36.10
+0.6%
$28.25
-21.7%
+21.1%$8.15B$2.52B20.062,113
ZETA
Zeta Global
2.8814 of 5 stars
$30.46
+0.8%
$30.77
+1.0%
+63.8%$7.65B$1.30BN/A3,300
WULF
TeraWulf
3.9922 of 5 stars
$15.30
-7.2%
$34.21
+123.6%
+53.9%$7.63B$165.19MN/A6

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This page (NASDAQ:BITF) was last updated on 9/3/2026 by MarketBeat.com Staff.
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