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Bitfarms

BITFNASDAQ
PerksBuyCompare Brokers
PerksBuyCompare Brokers
$2.77
-0.02-0.85%
Last update: 10:53 AM
15 minutes delayed
Bitfarms (BITF) ForecastNewsEarningsGuidanceDividends

Analyst Ratings

Insider TradesShort Interest
Consensus Rating1
Buy
Highest Price Target1
$5.00
Lowest Price Target1
$3.00
Consensus Price Target1
$4.00

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Bitfarms (NASDAQ:BITF) Stock, Analyst Ratings, Price Targets, Forecasts

Bitfarms Ltd has a consensus price target of $4 based on the ratings of 5 analysts. The high is $5 issued by Cantor Fitzgerald on June 11, 2024. The low is $3 issued by B. Riley Securities on May 17, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on July 18, 2024, July 9, 2024, and June 17, 2024, respectively. With an average price target of $4 between HC Wainwright & Co., there's an implied 44.60% upside for Bitfarms Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Apr
0
0
0
0
May
1
Jun
0
0
0
0
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Cantor Fitzgerald
B. Riley Securities
Northland Capital Markets
HC Wainwright & Co.

1calculated from analyst ratings

Analyst Ratings for Bitfarms

Buy NowGet Alert
07/18/2024Buy Now44.6%HC Wainwright & Co.
Mike Colonnese
$4 → $4ReiteratesBuy → BuyGet Alert
07/09/2024Buy Now44.6%HC Wainwright & Co.
Mike Colonnese
$4 → $4ReiteratesBuy → BuyGet Alert
06/17/2024Buy Now44.6%HC Wainwright & Co.
Mike Colonnese
$4 → $4ReiteratesBuy → BuyGet Alert
06/11/2024Buy Now80.75%Cantor Fitzgerald
Josh Siegler
$4 → $5AssumesOverweight → OverweightGet Alert
06/04/2024Buy Now44.6%HC Wainwright & Co.
Mike Colonnese
 → $4Assumes → BuyGet Alert
05/17/2024Buy Now8.45%B. Riley Securities
Lucas Pipes
$4 → $3MaintainsBuyGet Alert
04/25/2024Buy Now44.6%Northland Capital Markets
Mike Grondahl
 → $4Initiates → OutperformGet Alert
04/01/2024Buy Now44.6%Cantor Fitzgerald
Josh Siegler
 → $4ReiteratesOverweight → OverweightGet Alert
03/28/2024Buy Now44.6%Cantor Fitzgerald
Josh Siegler
 → $4ReiteratesOverweight → OverweightGet Alert
03/26/2024Buy Now44.6%HC Wainwright & Co.
Kevin Dede
 → $4ReiteratesBuy → BuyGet Alert
03/13/2024Buy Now44.6%HC Wainwright & Co.
Kevin Dede
—ReiteratesBuy → BuyGet Alert
03/08/2024Buy Now44.6%Cantor Fitzgerald
Josh Siegler
$3 → $4MaintainsOverweightGet Alert
03/08/2024Buy Now44.6%HC Wainwright & Co.
Kevin Dede
 → $4ReiteratesBuy → BuyGet Alert
01/25/2024Buy Now8.45%Cantor Fitzgerald
Josh Siegler
$2 → $3MaintainsOverweightGet Alert
12/04/2023Buy Now-27.7%Cantor Fitzgerald
Josh Siegler
 → $2ReiteratesOverweight → OverweightGet Alert
11/29/2023Buy Now-27.7%Cantor Fitzgerald
Josh Siegler
 → $2ReiteratesOverweight → OverweightGet Alert
11/29/2023Buy Now44.6%HC Wainwright & Co.
Kevin Dede
$3 → $4MaintainsBuyGet Alert
11/20/2023Buy Now-27.7%Cantor Fitzgerald
Josh Siegler
 → $2ReiteratesOverweight → OverweightGet Alert
11/08/2023Buy Now-27.7%Cantor Fitzgerald
Josh Siegler
$3 → $2MaintainsOverweightGet Alert
09/25/2023Buy Now8.45%Cantor Fitzgerald
Josh Siegler
 → $3ReiteratesOverweight → OverweightGet Alert
09/20/2023Buy Now8.45%HC Wainwright & Co.
Kevin Dede
 → $3ReiteratesBuy → BuyGet Alert
09/05/2023Buy Now8.45%Cantor Fitzgerald
Josh Siegler
 → $3ReiteratesOverweight → OverweightGet Alert
08/28/2023Buy Now8.45%Cantor Fitzgerald
Josh Siegler
 → $3ReiteratesOverweight → OverweightGet Alert
08/09/2023Buy Now8.45%HC Wainwright & Co.
Kevin Dede
$2 → $3MaintainsBuyGet Alert
07/20/2023Buy Now8.45%Cantor Fitzgerald
Josh Siegler
 → $3ReiteratesOverweight → OverweightGet Alert
07/07/2023Buy Now-27.7%HC Wainwright & Co.
Kevin Dede
 → $2ReiteratesBuy → BuyGet Alert
05/19/2023Buy Now-27.7%Cantor Fitzgerald
Josh Siegler
 → $2Initiates → OverweightGet Alert
05/16/2023Buy Now-27.7%HC Wainwright & Co.
Kevin Dede
 → $2ReiteratesBuy → BuyGet Alert
04/28/2023Buy Now-27.7%HC Wainwright & Co.
Kevin Dede
 → $2Reiterates → BuyGet Alert
03/23/2023Buy Now-27.7%HC Wainwright & Co.
Kevin Dede
$5 → $2MaintainsBuyGet Alert
02/03/2023Buy Now80.75%HC Wainwright & Co.
Kevin Dede
 → $5Reiterates → BuyGet Alert
05/18/2022Buy Now153.05%HC Wainwright & Co.
Kevin Dede
$10 → $7MaintainsBuyGet Alert

FAQ

Q

What is the target price for Bitfarms (BITF) stock?

A

The latest price target for Bitfarms (NASDAQ:BITF) was reported by HC Wainwright & Co. on July 18, 2024. The analyst firm set a price target for $4.00 expecting BITF to rise to within 12 months (a possible 44.60% upside). 24 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Bitfarms (BITF)?

A

The latest analyst rating for Bitfarms (NASDAQ:BITF) was provided by HC Wainwright & Co., and Bitfarms reiterated their buy rating.

Q

When was the last upgrade for Bitfarms (BITF)?

A

There is no last upgrade for Bitfarms

Q

When was the last downgrade for Bitfarms (BITF)?

A

There is no last downgrade for Bitfarms.

Q

When is the next analyst rating going to be posted or updated for Bitfarms (BITF)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bitfarms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bitfarms was filed on July 18, 2024 so you should expect the next rating to be made available sometime around July 18, 2025.

Q

Is the Analyst Rating Bitfarms (BITF) correct?

A

While ratings are subjective and will change, the latest Bitfarms (BITF) rating was a reiterated with a price target of $4.00 to $4.00. The current price Bitfarms (BITF) is trading at is $2.77, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.