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Bitfarms (BITF) Stock Forecast & Price Target

Bitfarms logo
$4.12 +0.59 (+16.71%)
As of 05/6/2026

Bitfarms - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
1
Buy
7

Based on 9 Wall Street analysts who have issued ratings for Bitfarms in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a sell rating, 1 has given a hold rating, and 7 have given a buy rating for BITF.

Consensus Price Target

$4.14
0.49% Upside
According to the 9 analysts' twelve-month price targets for Bitfarms, the average price target is $4.14. The highest price target for BITF is $7.00, while the lowest price target for BITF is $2.00. The average price target represents a forecasted upside of 0.49% from the current price of $4.12.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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BITF Analyst Ratings Over Time

TypeCurrent Forecast
5/7/25 to 5/7/26
1 Month Ago
4/7/25 to 4/7/26
3 Months Ago
2/6/25 to 2/6/26
1 Year Ago
5/7/24 to 5/7/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$4.14$4.14$4.04$3.84
Forecasted Upside0.49% Upside91.67% Upside88.86% Upside276.63% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyBuy

BITF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BITF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Bitfarms Stock vs. The Competition

TypeBitfarmsBusiness Services CompaniesS&P 500
Consensus Rating Score
2.67
1.98
2.52
Consensus RatingModerate BuyReduceModerate Buy
Predicted Upside0.49% Upside202.90% Upside14.95% Upside
News Sentiment Rating
Neutral News

See Recent BITF News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
3/31/2026
HC Wainwright logo
HC Wainwright
3 of 5 stars
Mike Colonnese
Mike Colonnese
5 of 5 stars
Lower TargetBuy$4.00 ➝ $3.70+92.21%
1/27/2026Reiterated RatingOutperformMarket Perform$2.50 ➝ $3.00+15.83%
1/21/2026 Reiterated RatingSell (D-)
11/14/2025Boost TargetOverweight$2.20 ➝ $5.00+92.31%
10/22/2025 Reiterated RatingBuy
10/13/2025 Reiterated RatingOutperform
10/13/2025 Set Target$7.00+47.52%
9/15/2025 Initiated CoverageBuy
7/21/2025Initiated CoverageBuy$2.00+68.78%
5/14/2025Reiterated RatingBuy
3/27/2025 Set Target$3.25+278.78%
11/22/2024UpgradeHoldModerate Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 12:57 AM ET.


BITF Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Bitfarms is $4.14, with a high forecast of $7.00 and a low forecast of $2.00.

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bitfarms in the last year. There is currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BITF shares.

According to analysts, Bitfarms's stock has a predicted upside of 0.49% based on their 12-month stock forecasts.

Bitfarms has been rated by research analysts at HC Wainwright in the past 90 days.

Analysts like Bitfarms more than other "business services" companies. The consensus rating for Bitfarms is Moderate Buy while the average consensus rating for "business services" companies is Reduce. Learn more on how BITF compares to other companies.


This page (NASDAQ:BITF) was last updated on 5/7/2026 by MarketBeat.com Staff.
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