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Bitfarms (BITF) Competitors

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$2.87 -0.08 (-2.71%)
As of 10/13/2026

BITF vs. DSGX, APPF, TTAN, PATH, and WULF

Should you buy Bitfarms stock or one of its competitors? Bitfarms's main competitors and comparable companies include The Descartes Systems Group (DSGX), AppFolio (APPF), ServiceTitan (TTAN), UiPath (PATH), and TeraWulf (WULF). 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 The Descartes Systems Group?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$229.28M7.55-$138.65M-$0.23N/A
The Descartes Systems Group$728.99M10.02$163.77M$2.1439.88

In the previous week, The Descartes Systems Group had 4 more articles in the media than Bitfarms. MarketBeat recorded 11 mentions for The Descartes Systems Group and 7 mentions for Bitfarms. The Descartes Systems Group's average media sentiment score of 0.58 beat Bitfarms' score of 0.29 indicating that The Descartes Systems Group 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)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
The Descartes Systems Group
1 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

The Descartes Systems Group has a net margin of 24.25% compared to Bitfarms' net margin of -48.26%. The Descartes Systems Group's return on equity of 11.66% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-48.26% -4.48% -3.71%
The Descartes Systems Group 24.25%11.66%9.90%

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 77.7% of The Descartes Systems Group shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by company insiders. Comparatively, 0.3% of The Descartes Systems Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Bitfarms currently has a consensus price target of $3.90, indicating a potential upside of 35.89%. The Descartes Systems Group has a consensus price target of $100.33, indicating a potential upside of 17.57%. Given Bitfarms' higher probable upside, research analysts clearly believe Bitfarms is more favorable than The Descartes Systems Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
The Descartes Systems Group
0 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.87

Bitfarms has a beta of 3.77, meaning that its share price is 277% more volatile than the broader market. Comparatively, The Descartes Systems Group has a beta of 0.65, meaning that its share price is 35% less volatile than the broader market.

Summary

The Descartes Systems Group beats Bitfarms on 14 of the 17 factors compared between the two stocks.

How does Bitfarms compare to AppFolio?

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

In the previous week, Bitfarms had 3 more articles in the media than AppFolio. MarketBeat recorded 7 mentions for Bitfarms and 4 mentions for AppFolio. AppFolio's average media sentiment score of 0.34 beat Bitfarms' score of 0.29 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)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
AppFolio
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bitfarms has a beta of 3.77, meaning that its share price is 277% more volatile than the broader market. Comparatively, AppFolio has a beta of 0.89, meaning that its share price is 11% less volatile than the broader market.

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$229.28M7.55-$138.65M-$0.23N/A
AppFolio$1.04B6.91$140.92M$4.3846.39

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 company insiders. Comparatively, 1.6% of AppFolio shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

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%

Bitfarms currently has a consensus price target of $3.90, indicating a potential upside of 35.89%. AppFolio has a consensus price target of $249.75, indicating a potential upside of 22.92%. Given Bitfarms' higher probable upside, research analysts clearly 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)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
AppFolio
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83

Summary

AppFolio beats Bitfarms on 12 of the 17 factors compared between the two stocks.

How does Bitfarms compare to ServiceTitan?

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

In the previous week, ServiceTitan had 5 more articles in the media than Bitfarms. MarketBeat recorded 12 mentions for ServiceTitan and 7 mentions for Bitfarms. ServiceTitan's average media sentiment score of 0.33 beat Bitfarms' score of 0.29 indicating that ServiceTitan 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)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
ServiceTitan
1 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bitfarms currently has a consensus target price of $3.90, suggesting a potential upside of 35.89%. ServiceTitan has a consensus target price of $96.38, suggesting a potential upside of 32.58%. Given Bitfarms' higher possible upside, analysts plainly believe Bitfarms is more favorable than ServiceTitan.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
ServiceTitan
1 Sell rating(s)
2 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.76

ServiceTitan has a net margin of -12.12% compared to Bitfarms' net margin of -48.26%. Bitfarms' return on equity of -4.48% beat ServiceTitan's return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-48.26% -4.48% -3.71%
ServiceTitan -12.12%-5.65%-4.93%

20.6% of Bitfarms shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by insiders. Comparatively, 39.9% of ServiceTitan shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Bitfarms has a beta of 3.77, suggesting that its share price is 277% more volatile than the broader market. Comparatively, ServiceTitan has a beta of 0.33, suggesting that its share price is 67% less volatile than the broader market.

Bitfarms has higher earnings, but lower revenue than ServiceTitan. ServiceTitan 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
Bitfarms$229.28M7.55-$138.65M-$0.23N/A
ServiceTitan$960.97M7.30-$159.85M-$1.36N/A

Summary

Bitfarms beats ServiceTitan on 9 of the 16 factors compared between the two stocks.

How does Bitfarms compare to UiPath?

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

In the previous week, UiPath had 12 more articles in the media than Bitfarms. MarketBeat recorded 19 mentions for UiPath and 7 mentions for Bitfarms. UiPath's average media sentiment score of 0.42 beat Bitfarms' score of 0.29 indicating that UiPath 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)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
UiPath
9 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$229.28M7.55-$138.65M-$0.23N/A
UiPath$1.61B4.22$282.33M$0.6719.49

UiPath has a net margin of 21.03% compared to Bitfarms' net margin of -48.26%. UiPath's return on equity of 9.70% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-48.26% -4.48% -3.71%
UiPath 21.03%9.70%6.42%

Bitfarms has a beta of 3.77, suggesting that its share price is 277% more volatile than the broader market. Comparatively, UiPath has a beta of 1.01, suggesting that its share price is 1% more volatile than the broader market.

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 62.5% of UiPath shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by company insiders. Comparatively, 22.4% of UiPath 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.

Bitfarms presently has a consensus price target of $3.90, suggesting a potential upside of 35.89%. UiPath has a consensus price target of $15.69, suggesting a potential upside of 20.16%. Given Bitfarms' stronger consensus rating and higher possible upside, equities analysts plainly believe Bitfarms is more favorable than UiPath.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
UiPath
2 Sell rating(s)
15 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.10

Summary

UiPath beats Bitfarms on 12 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 better business? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, profitability, valuation, institutional ownership, dividends, risk and earnings.

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$168.46M34.18-$661.42M-$4.37N/A
Bitfarms$229.28M7.55-$138.65M-$0.23N/A

TeraWulf currently has a consensus target price of $32.86, suggesting a potential upside of 184.72%. Bitfarms has a consensus target price of $3.90, suggesting a potential upside of 35.89%. Given TeraWulf's stronger consensus rating and higher probable upside, equities analysts clearly believe TeraWulf is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TeraWulf
1 Sell rating(s)
3 Hold rating(s)
18 Buy rating(s)
4 Strong Buy rating(s)
2.96
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

TeraWulf has a beta of 3.8, suggesting that its stock price is 280% 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.

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%

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 endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, TeraWulf had 9 more articles in the media than Bitfarms. MarketBeat recorded 16 mentions for TeraWulf and 7 mentions for Bitfarms. TeraWulf's average media sentiment score of 0.30 beat Bitfarms' score of 0.29 indicating that TeraWulf is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TeraWulf
2 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bitfarms
0 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

TeraWulf beats Bitfarms on 11 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$1.73B$16.79B$31.17B$13.18B
Dividend YieldN/A3.42%2.76%19.59%
P/E Ratio-12.48125.9769.1821.16
Price / Sales7.551,275.26577.3266.59
Price / Cash70.5346.5448.9552.75
Price / Book2.148.697.715.92
Net IncomeN/A$431.49M$768.63M$380.90M
7 Day Performance-13.81%-2.10%-3.75%-3.90%
1 Month Performance-16.81%-2.32%-2.94%-6.42%
1 Year Performance-55.64%-1.04%161.83%-6.02%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
1.6952 of 5 stars
$2.87
-2.7%
$3.90
+35.9%
-51.3%$1.73B$229.28MN/A110
DSGX
The Descartes Systems Group
4.2523 of 5 stars
$83.24
+2.3%
$99.67
+19.7%
-12.5%$7.12B$728.99M38.882,403
APPF
AppFolio
3.8986 of 5 stars
$200.10
+1.3%
$249.75
+24.8%
-10.7%$7.09B$1.04B45.721,702
TTAN
ServiceTitan
3.6438 of 5 stars
$73.30
+0.5%
$96.38
+31.5%
-25.1%$7.07B$960.97MN/A3,414
PATH
UiPath
4.1689 of 5 stars
$13.47
+1.6%
$15.69
+16.5%
-20.7%$7.02B$1.61B20.113,981

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This page (NASDAQ:BITF) was last updated on 10/15/2026 by MarketBeat.com Staff.
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