Do analysts rate BITF or HUT?

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Bitfarms 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00 Hut 8 0 Sell rating(s) 0 Hold rating(s) 1 Buy rating(s) 2 Strong Buy rating(s) 3.67

Which has preferable valuation & earnings, BITF or HUT?

Hut 8 has higher revenue and earnings than Bitfarms. Hut 8 is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Bitfarms C$229.28M 21.67 -C$110.66M -C$0.52 N/A Hut 8 C$284.32M 66.53 C$193.22M -C$2.82 N/A

Is BITF or HUT more profitable?

Hut 8 has a net margin of -109.77% compared to Bitfarms' net margin of -160.41%. Hut 8's return on equity of -20.57% beat Bitfarms' return on equity. Company Net Margins Return on Equity Return on Assets Bitfarms -160.41% -56.78% -10.66% Hut 8 -109.77% -20.57% -4.25%

Do analysts recommend BITF or KEY?

Keyera has a consensus price target of C$60.64, suggesting a potential upside of 5.58%. Given Keyera's stronger consensus rating and higher probable upside, analysts plainly believe Keyera is more favorable than Bitfarms. Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Bitfarms 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00 Keyera 0 Sell rating(s) 3 Hold rating(s) 10 Buy rating(s) 1 Strong Buy rating(s) 2.86

Which has stronger valuation & earnings, BITF or KEY?

Keyera has higher revenue and earnings than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than Keyera, indicating that it is currently the more affordable of the two stocks. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Bitfarms C$229.28M 21.67 -C$110.66M -C$0.52 N/A Keyera C$6.39B 2.64 C$449.23M C$0.79 72.71

Is BITF or KEY more profitable?

Keyera has a net margin of 2.73% compared to Bitfarms' net margin of -160.41%. Keyera's return on equity of 6.59% beat Bitfarms' return on equity. Company Net Margins Return on Equity Return on Assets Bitfarms -160.41% -56.78% -10.66% Keyera 2.73% 6.59% 6.15%

Which has preferable valuation & earnings, BNC or BITF?

Purpose Canadian Financial Income Fund Series ETF has higher earnings, but lower revenue than Bitfarms. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Purpose Canadian Financial Income Fund Series ETF N/A N/A N/A N/A N/A Bitfarms C$229.28M 21.67 -C$110.66M -C$0.52 N/A

Do analysts prefer SII or BITF?

Sprott presently has a consensus target price of C$211.00, suggesting a potential upside of 31.55%. Given Sprott's stronger consensus rating and higher possible upside, equities research analysts clearly believe Sprott is more favorable than Bitfarms. Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Sprott 0 Sell rating(s) 2 Hold rating(s) 3 Buy rating(s) 0 Strong Buy rating(s) 2.60 Bitfarms 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00

Which has higher earnings & valuation, SII or BITF?

Sprott has higher revenue and earnings than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than Sprott, indicating that it is currently the more affordable of the two stocks. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Sprott C$368.97M 11.21 C$32.26M C$3.28 48.90 Bitfarms C$229.28M 21.67 -C$110.66M -C$0.52 N/A

Is SII or BITF more profitable?

Sprott has a net margin of 22.40% compared to Bitfarms' net margin of -160.41%. Sprott's return on equity of 23.54% beat Bitfarms' return on equity. Company Net Margins Return on Equity Return on Assets Sprott 22.40% 23.54% 10.25% Bitfarms -160.41% -56.78% -10.66%

Do analysts recommend BLX or BITF?

Boralex presently has a consensus price target of C$38.39, suggesting a potential upside of 3.82%. Given Boralex's stronger consensus rating and higher probable upside, equities research analysts clearly believe Boralex is more favorable than Bitfarms. Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Boralex 1 Sell rating(s) 2 Hold rating(s) 2 Buy rating(s) 1 Strong Buy rating(s) 2.50 Bitfarms 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00

Which has higher earnings and valuation, BLX or BITF?

Boralex has higher revenue and earnings than Bitfarms. Boralex is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Boralex C$898M 4.23 C$71.91M -C$0.31 N/A Bitfarms C$229.28M 21.67 -C$110.66M -C$0.52 N/A

Is BLX or BITF more profitable?

Boralex has a net margin of -3.56% compared to Bitfarms' net margin of -160.41%. Boralex's return on equity of -2.08% beat Bitfarms' return on equity. Company Net Margins Return on Equity Return on Assets Boralex -3.56% -2.08% 2.54% Bitfarms -160.41% -56.78% -10.66%

Bitfarms (BITF) Competitors

C$8.24 0.00 (0.00%)

As of 06/4/2026

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BITF vs. HUT, KEY, BNC, SII, and BLX

Should you buy Bitfarms stock or one of its competitors? MarketBeat compares Bitfarms with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Bitfarms include Hut 8 (HUT), Keyera (KEY), Purpose Canadian Financial Income Fund Series ETF (BNC), Sprott (SII), and Boralex (BLX). These companies are all part of the "banking" industry.

How does Bitfarms compare to Hut 8?

Bitfarms (TSE:BITF) and Hut 8 (TSE:HUT) are both financial services companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, institutional ownership, dividends, profitability, media sentiment and risk.

11.7% of Bitfarms shares are held by institutional investors. Comparatively, 37.2% of Hut 8 shares are held by institutional investors. 23.4% of Bitfarms shares are held by insiders. Comparatively, 60.2% of Hut 8 shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Hut 8 had 1 more articles in the media than Bitfarms. MarketBeat recorded 1 mentions for Hut 8 and 0 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.00 beat Hut 8's score of -0.02 indicating that Bitfarms is being referred to more favorably in the media.

Company	Overall Sentiment
Bitfarms	Neutral
Hut 8	Neutral

Hut 8 has a net margin of -109.77% compared to Bitfarms' net margin of -160.41%. Hut 8's return on equity of -20.57% beat Bitfarms' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Bitfarms	-160.41%	-56.78%	-10.66%
Hut 8	-109.77%	-20.57%	-4.25%

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitfarms	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00
Hut 8	0 Sell rating(s)	0 Hold rating(s)	1 Buy rating(s)	2 Strong Buy rating(s)	3.67

Bitfarms has a beta of 3.414688, meaning that its share price is 241% more volatile than the broader market. Comparatively, Hut 8 has a beta of 4.581835, meaning that its share price is 358% more volatile than the broader market.

Hut 8 has higher revenue and earnings than Bitfarms. Hut 8 is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitfarms	C$229.28M	21.67	-C$110.66M	-C$0.52	N/A
Hut 8	C$284.32M	66.53	C$193.22M	-C$2.82	N/A

Summary

Hut 8 beats Bitfarms on 13 of the 16 factors compared between the two stocks.

How does Bitfarms compare to Keyera?

Bitfarms (TSE:BITF) and Keyera (TSE:KEY) are both banking companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, risk, dividends, valuation, media sentiment, analyst recommendations, earnings and institutional ownership.

Keyera has a consensus price target of C$60.64, suggesting a potential upside of 5.58%. Given Keyera's stronger consensus rating and higher probable upside, analysts plainly believe Keyera is more favorable than Bitfarms.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitfarms	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00
Keyera	0 Sell rating(s)	3 Hold rating(s)	10 Buy rating(s)	1 Strong Buy rating(s)	2.86

Bitfarms has a beta of 3.414688, indicating that its share price is 241% more volatile than the broader market. Comparatively, Keyera has a beta of 0.466346, indicating that its share price is 53% less volatile than the broader market.

In the previous week, Keyera had 4 more articles in the media than Bitfarms. MarketBeat recorded 4 mentions for Keyera and 0 mentions for Bitfarms. Keyera's average media sentiment score of 0.13 beat Bitfarms' score of 0.00 indicating that Keyera is being referred to more favorably in the news media.

Company	Overall Sentiment
Bitfarms	Neutral
Keyera	Neutral

Keyera has a net margin of 2.73% compared to Bitfarms' net margin of -160.41%. Keyera's return on equity of 6.59% beat Bitfarms' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Bitfarms	-160.41%	-56.78%	-10.66%
Keyera	2.73%	6.59%	6.15%

11.7% of Bitfarms shares are held by institutional investors. Comparatively, 48.2% of Keyera shares are held by institutional investors. 23.4% of Bitfarms shares are held by insiders. Comparatively, 0.4% of Keyera shares are held 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.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitfarms	C$229.28M	21.67	-C$110.66M	-C$0.52	N/A
Keyera	C$6.39B	2.64	C$449.23M	C$0.79	72.71

Summary

Keyera beats Bitfarms on 14 of the 17 factors compared between the two stocks.

How does Bitfarms compare to Purpose Canadian Financial Income Fund Series ETF?

Purpose Canadian Financial Income Fund Series ETF (TSE:BNC) and Bitfarms (TSE:BITF) are both banking companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, earnings, dividends, media sentiment, institutional ownership, valuation and profitability.

Purpose Canadian Financial Income Fund Series ETF has a beta of 1.11, indicating that its share price is 11% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.414688, indicating that its share price is 241% more volatile than the broader market.

0.0% of Purpose Canadian Financial Income Fund Series ETF shares are owned by institutional investors. Comparatively, 11.7% of Bitfarms shares are owned by institutional investors. 23.4% of Bitfarms shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

In the previous week, Purpose Canadian Financial Income Fund Series ETF's average media sentiment score of 0.00 equaled Bitfarms'average media sentiment score.

Company	Overall Sentiment
Purpose Canadian Financial Income Fund Series ETF	Neutral
Bitfarms	Neutral

Purpose Canadian Financial Income Fund Series ETF has higher earnings, but lower revenue than Bitfarms.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Purpose Canadian Financial Income Fund Series ETF	N/A	N/A	N/A	N/A	N/A
Bitfarms	C$229.28M	21.67	-C$110.66M	-C$0.52	N/A

Purpose Canadian Financial Income Fund Series ETF has a net margin of 0.00% compared to Bitfarms' net margin of -160.41%. Purpose Canadian Financial Income Fund Series ETF's return on equity of 0.00% beat Bitfarms' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Purpose Canadian Financial Income Fund Series ETF	N/A	N/A	N/A
Bitfarms	-160.41%	-56.78%	-10.66%

Summary

Bitfarms beats Purpose Canadian Financial Income Fund Series ETF on 4 of the 7 factors compared between the two stocks.

How does Bitfarms compare to Sprott?

Sprott (TSE:SII) and Bitfarms (TSE:BITF) are both mid-cap financial services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, media sentiment, risk, profitability, valuation and earnings.

Sprott has a beta of 1.474419, meaning that its stock price is 47% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.414688, meaning that its stock price is 241% more volatile than the broader market.

Sprott presently has a consensus target price of C$211.00, suggesting a potential upside of 31.55%. Given Sprott's stronger consensus rating and higher possible upside, equities research analysts clearly believe Sprott is more favorable than Bitfarms.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sprott	0 Sell rating(s)	2 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.60
Bitfarms	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Sprott	C$368.97M	11.21	C$32.26M	C$3.28	48.90
Bitfarms	C$229.28M	21.67	-C$110.66M	-C$0.52	N/A

In the previous week, Sprott's average media sentiment score of 0.00 equaled Bitfarms'average media sentiment score.

Company	Overall Sentiment
Sprott	Neutral
Bitfarms	Neutral

Sprott has a net margin of 22.40% compared to Bitfarms' net margin of -160.41%. Sprott's return on equity of 23.54% beat Bitfarms' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Sprott	22.40%	23.54%	10.25%
Bitfarms	-160.41%	-56.78%	-10.66%

30.4% of Sprott shares are owned by institutional investors. Comparatively, 11.7% of Bitfarms shares are owned by institutional investors. 17.7% of Sprott shares are owned by company insiders. Comparatively, 23.4% of Bitfarms shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Sprott beats Bitfarms on 11 of the 14 factors compared between the two stocks.

How does Bitfarms compare to Boralex?

Boralex (TSE:BLX) and Bitfarms (TSE:BITF) are both mid-cap banking companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, analyst recommendations, risk, institutional ownership, earnings, media sentiment and valuation.

In the previous week, Boralex's average media sentiment score of 0.00 equaled Bitfarms'average media sentiment score.

Company	Overall Sentiment
Boralex	Neutral
Bitfarms	Neutral

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Boralex	C$898M	4.23	C$71.91M	-C$0.31	N/A
Bitfarms	C$229.28M	21.67	-C$110.66M	-C$0.52	N/A

Boralex has a net margin of -3.56% compared to Bitfarms' net margin of -160.41%. Boralex's return on equity of -2.08% beat Bitfarms' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Boralex	-3.56%	-2.08%	2.54%
Bitfarms	-160.41%	-56.78%	-10.66%

43.4% of Boralex shares are held by institutional investors. Comparatively, 11.7% of Bitfarms shares are held by institutional investors. 0.2% of Boralex shares are held by insiders. Comparatively, 23.4% of Bitfarms shares are held 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.

Boralex has a beta of 0.184176, indicating that its share price is 82% less volatile than the broader market. Comparatively, Bitfarms has a beta of 3.414688, indicating that its share price is 241% more volatile than the broader market.

Boralex presently has a consensus price target of C$38.39, suggesting a potential upside of 3.82%. Given Boralex's stronger consensus rating and higher probable upside, equities research analysts clearly believe Boralex is more favorable than Bitfarms.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Boralex	1 Sell rating(s)	2 Hold rating(s)	2 Buy rating(s)	1 Strong Buy rating(s)	2.50
Bitfarms	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00

Summary

Boralex beats Bitfarms on 11 of the 15 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.

Media Sentiment Over Time

This chart shows the average media sentiment of TSE 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.

BITF vs. The Competition

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Metric	Bitfarms	Capital Markets Industry	Financial Sector	TSE Exchange
Market Cap	C$4.97B	C$1.69B	C$6.06B	C$12.15B
Dividend Yield	N/A	6.21%	5.25%	6.19%
P/E Ratio	-15.85	9.97	29.28	35.84
Price / Sales	21.67	227.36	1,098.18	10.12
Price / Cash	4.00	11.88	48.60	82.29
Price / Book	11.88	3.36	6.54	4.45
Net Income	-C$110.66M	C$142.57M	C$1.13B	C$299.09M
7 Day Performance	N/A	-3.38%	0.13%	-0.08%
1 Month Performance	4.97%	8.35%	0.01%	-2.43%
1 Year Performance	629.20%	73.20%	17.62%	36.78%

Bitfarms Competitors List

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Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
BITF Bitfarms	N/A	C$8.24 flat	N/A	+700.0%	C$4.97B	C$229.28M	N/A	110
HUT Hut 8	0.6243 of 5 stars	C$170.79 -0.4%	N/A	+594.5%	C$19.23B	C$284.32M	N/A	219	Gap Down
KEY Keyera	1.8334 of 5 stars	C$57.35 +0.8%	C$60.64 +5.7%	+30.6%	C$16.18B	C$6.39B	72.59	17,500
BNC Purpose Canadian Financial Income Fund Series ETF	N/A	C$42.55 +0.2%	N/A	+46.7%	C$6.05B	N/A	N/A	206,500
SII Sprott	2.0894 of 5 stars	C$161.41 -3.4%	C$211.00 +30.7%	+74.4%	C$4.16B	C$368.97M	49.21	170	Positive News

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This page (TSE:BITF) was last updated on 6/30/2026 by MarketBeat.com Staff.

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Bitfarms (BITF) Competitors