Research Analysts Offer Predictions for Bitfarms Q3 Earnings

Bitfarms Ltd. (NASDAQ:BITF) – Equities research analysts at Northland Capmk issued their Q3 2025 earnings per share estimates for Bitfarms in a note issued to investors on Tuesday, August 12th. Northland Capmk analyst M. Grondahl expects that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for Bitfarms’ current full-year earnings is ($0.21) per share.

Other equities research analysts have also issued research reports about the company. HC Wainwright reaffirmed a “buy” rating on shares of Bitfarms in a research note on Wednesday, May 14th. Jones Trading assumed coverage on Bitfarms in a research note on Monday, July 21st. They set a “buy” rating and a $2.00 price target for the company. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Bitfarms in a research note on Wednesday, May 14th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $3.95.

Bitfarms Trading Down 0.8%

Shares of BITF stock opened at $1.26 on Friday. The company has a quick ratio of 2.58, a current ratio of 3.11 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average price of $1.05 and a two-hundred day moving average price of $1.06. Bitfarms has a 12-month low of $0.67 and a 12-month high of $2.76. The firm has a market cap of $702.51 million, a P/E ratio of -7.41 and a beta of 3.50.

Bitfarms (NASDAQ:BITF) last issued its quarterly earnings results on Tuesday, August 12th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Bitfarms had a negative return on equity of 9.86% and a negative net margin of 35.09%. The firm had revenue of $77.80 million for the quarter, compared to the consensus estimate of $79.78 million.

Institutional Trading of Bitfarms

A number of hedge funds have recently made changes to their positions in BITF. Geode Capital Management LLC boosted its position in shares of Bitfarms by 19.9% in the 4th quarter. Geode Capital Management LLC now owns 2,253,046 shares of the company’s stock worth $3,339,000 after purchasing an additional 373,592 shares in the last quarter. Invesco Ltd. boosted its position in shares of Bitfarms by 9.3% in the 4th quarter. Invesco Ltd. now owns 13,355,913 shares of the company’s stock worth $19,900,000 after purchasing an additional 1,140,037 shares in the last quarter. Mariner LLC boosted its position in shares of Bitfarms by 37.4% in the 4th quarter. Mariner LLC now owns 142,043 shares of the company’s stock worth $212,000 after purchasing an additional 38,643 shares in the last quarter. XTX Topco Ltd boosted its position in shares of Bitfarms by 272.3% in the 4th quarter. XTX Topco Ltd now owns 448,138 shares of the company’s stock worth $668,000 after purchasing an additional 327,770 shares in the last quarter. Finally, Insigneo Advisory Services LLC boosted its position in shares of Bitfarms by 15.3% in the 4th quarter. Insigneo Advisory Services LLC now owns 135,600 shares of the company’s stock worth $202,000 after purchasing an additional 18,000 shares in the last quarter. 20.59% of the stock is owned by institutional investors.

Bitfarms Company Profile

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.