TSE:BITF Bitfarms (BITF) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free BITF Stock Alerts C$2.82 -0.07 (-2.42%) (As of 04/24/2024 ET) Add Compare Share Share Today's RangeC$2.74▼C$2.8950-Day RangeC$2.37▼C$4.8652-Week RangeC$1.26▼C$5.25Volume2.15 million shsAverage Volume4.57 million shsMarket CapitalizationC$942.30 millionP/E RatioN/ADividend YieldN/APrice TargetC$6.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get Bitfarms alerts: Email Address Bitfarms MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside130.5% UpsideC$6.50 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$18,287 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.99 out of 5 stars 3.5 Analyst's Opinion Consensus RatingBitfarms has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageBitfarms has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for BITF. Previous Next 0.0 Dividend Strength Dividend YieldBitfarms does not currently pay a dividend.Dividend GrowthBitfarms does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BITF. Previous Next 2.0 News and Social Media Coverage News SentimentBitfarms has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Financial Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Bitfarms this week, compared to 2 articles on an average week.Search InterestOnly 33 people have searched for BITF on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat Follows5 people have added Bitfarms to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bitfarms insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$18,287.00 in company stock.Percentage Held by InsidersOnly 4.71% of the stock of Bitfarms is held by insiders.Percentage Held by InstitutionsOnly 21.07% of the stock of Bitfarms is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Bitfarms is -5.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Bitfarms is -5.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBitfarms has a P/B Ratio of 3.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… About Bitfarms Stock (TSE:BITF)Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is based in Toronto, Canada.Read More BITF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BITF Stock News HeadlinesApril 6, 2024 | insidertrades.comInsider Selling: Bitfarms Ltd. (TSE:BITF) Senior Officer Sells 6,178 Shares of StockApril 18, 2024 | msn.comMiners stockpile Bitcoin ahead of upcoming halving eventApril 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 17, 2024 | finance.yahoo.comBitfarms to Participate in Upcoming ConferencesApril 4, 2024 | msn.comBitfarms’ $240M Investment Set to Triple Bitcoin Mining Capabilities Ahead of HalvingApril 2, 2024 | finance.yahoo.comCANADA STOCKS-TSX pulls back from record highs as rate cut concerns cloud sentimentApril 1, 2024 | msn.comInvestors Shrug Off Declining Mining News at Bitfarms (TSE:BITF)April 1, 2024 | benzinga.comWhat's Going On With Bitfarms Stock Monday?April 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.March 25, 2024 | finanznachrichten.deBitfarms Ltd.: Bitfarms Announces CEO TransitionMarch 25, 2024 | markets.businessinsider.comBitfarms CEO To Leave; Backs OutlookMarch 25, 2024 | marketwatch.comBitfarms to Search for New CEO as Part of Leadership TransitionMarch 21, 2024 | markets.businessinsider.comGet Ready for 5-Bagger Returns on These 7 Penny StocksMarch 13, 2024 | finanznachrichten.deBitfarms Ltd.: Bitfarms Purchases Additional Miners to Reach 21 EH/s in 2024March 13, 2024 | markets.businessinsider.comBuy Rating Reaffirmed for Bitfarms Amidst Strategic Expansion and Strong FinancialsMarch 11, 2024 | msn.comStocks Back in Plus ReadingsMarch 11, 2024 | msn.comHuge Equipment Investment Prompts Plunge at Bitfarms (TSE:BITF)March 11, 2024 | msn.comBitfarms to buy additional miners to reach 21 EH/s in 2024March 11, 2024 | seekingalpha.comDon't Bet The Farm On BitfarmsMarch 9, 2024 | seekingalpha.comBitfarms Ltd. (BITF) Q4 2023 Earnings Call TranscriptMarch 8, 2024 | finance.yahoo.comBITF Mar 2024 4.000 putMarch 8, 2024 | markets.businessinsider.comStrong Financials and Operational Advancements Support Buy Rating for BitfarmsMarch 7, 2024 | finance.yahoo.comBITF Apr 2024 4.000 putMarch 7, 2024 | finance.yahoo.comBITF Mar 2024 3.000 putMarch 7, 2024 | marketwatch.comBitfarms Shares Decline 8.6% After Quarterly Loss Widens More Than ExpectedMarch 7, 2024 | markets.businessinsider.comBITF Stock Earnings: Bitfarms Misses EPS, Beats Revenue for Q4 2023March 7, 2024 | msn.comBitfarms EPS of -$0.19, revenue of $46.24M beats by $3.16MSee More Headlines Receive BITF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bitfarms and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Capital Markets Sub-IndustryN/A Current SymbolTSE:BITF CUSIPN/A CIKN/A Webwww.bitfarms.com Phone647-259-1790FaxN/AEmployees170Year FoundedN/APrice Target and Rating Average Stock Price TargetC$6.50 High Stock Price TargetC$6.50 Low Stock Price TargetC$6.50 Potential Upside/Downside+131.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.54) Trailing P/E RatioN/A Forward P/E Ratio68.95 P/E GrowthN/ANet IncomeC$-104,040,000.00 Net Margins-71.08% Pretax MarginN/A Return on Equity-37.82% Return on Assets-10.53% Debt Debt-to-Equity Ratio6.74 Current Ratio1.88 Quick Ratio0.63 Sales & Book Value Annual SalesC$146.37 million Price / Sales6.41 Cash FlowC$0.70 per share Price / Cash Flow4.00 Book ValueC$0.88 per share Price / Book3.19Miscellaneous Outstanding Shares334,150,000Free FloatN/AMarket CapC$938.96 million OptionableNot Optionable Beta3.40 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. L. Geoffrey MorphyPresident, CEO & DirectorMr. Jeffrey P. Lucas (Age 64)Chief Financial Officer Comp: $760.22kMr. Benjamin GagnonChief Mining OfficerMr. Benoit GobeilExecutive Vice President - Infrastructure and OperationsMr. Marc-Andre AmmannVice President Finance & AccountingMs. Tracy H. Krumme (Age 56)Senior VP & Head of Investor Relations Ms. Stephanie WargoVice President of Marketing & CommunicationsMr. Philippe FortierSenior Vice President of Corporate DevelopmentMs. Andrea Keen SouzaVice-President of Human ResourcesPaul MagrathVice President of Taxation & SustainabilityMore ExecutivesKey CompetitorsCanaccord Genuity GroupTSE:CFHut 8TSE:HUTGalaxy DigitalTSE:GLXYHIVE Digital TechnologiesCVE:HIVEClairvest GroupTSE:CVGView All CompetitorsInsidersPaul MagrathSold 6,178 sharesTotal: C$18,286.88 ($2.96/share)Guillaume ReevesSold 22,500 sharesTotal: C$99,675.00 ($4.43/share)Andres FinkielsztainSold 15,000 sharesTotal: C$66,300.00 ($4.42/share)Jeffrey GaoSold 30,000 sharesTotal: C$113,841.00 ($3.79/share)Lawrence Geoffrey MorphySold 225,000 sharesTotal: C$832,522.50 ($3.70/share)View All Insider Transactions BITF Stock Analysis - Frequently Asked Questions Should I buy or sell Bitfarms stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bitfarms in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BITF shares. View BITF analyst ratings or view top-rated stocks. What is Bitfarms' stock price target for 2024? 1 Wall Street analysts have issued 12-month target prices for Bitfarms' shares. Their BITF share price targets range from C$6.50 to C$6.50. On average, they expect the company's share price to reach C$6.50 in the next year. This suggests a possible upside of 130.5% from the stock's current price. View analysts price targets for BITF or view top-rated stocks among Wall Street analysts. How have BITF shares performed in 2024? Bitfarms' stock was trading at C$3.85 at the start of the year. Since then, BITF shares have decreased by 26.8% and is now trading at C$2.82. View the best growth stocks for 2024 here. How do I buy shares of Bitfarms? Shares of BITF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. 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