Analysts Set Expectations for Bitfarms Q1 Earnings

Bitfarms Ltd. (NASDAQ:BITF) – Equities researchers at Northland Securities issued their Q1 2026 earnings per share estimates for shares of Bitfarms in a research report issued on Tuesday, March 31st. Northland Securities analyst M. Grondahl forecasts that the company will earn ($0.05) per share for the quarter. The consensus estimate for Bitfarms’ current full-year earnings is ($0.21) per share. Northland Securities also issued estimates for Bitfarms’ FY2026 earnings at ($0.22) EPS.

BITF has been the subject of a number of other research reports. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $3.00 price objective (up from $2.50) on shares of Bitfarms in a research report on Tuesday, January 27th. HC Wainwright dropped their price objective on Bitfarms from $4.00 to $3.70 and set a “buy” rating for the company in a research note on Tuesday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Bitfarms in a report on Wednesday, January 21st. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $4.14.

Bitfarms Price Performance

Shares of NASDAQ:BITF opened at $1.98 on Thursday. The company has a current ratio of 3.20, a quick ratio of 3.14 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of -8.61 and a beta of 3.77. The business has a 50-day moving average price of $2.19 and a 200 day moving average price of $2.87. Bitfarms has a 12-month low of $0.67 and a 12-month high of $6.60.

Institutional Trading of Bitfarms

A number of institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its position in shares of Bitfarms by 144.7% during the 4th quarter. Farther Finance Advisors LLC now owns 11,010 shares of the company’s stock worth $26,000 after acquiring an additional 6,510 shares in the last quarter. Equitable Holdings Inc. purchased a new stake in Bitfarms during the fourth quarter worth approximately $27,000. State of Wisconsin Investment Board purchased a new stake in Bitfarms during the fourth quarter worth approximately $32,000. US Bancorp DE acquired a new position in Bitfarms in the third quarter valued at approximately $34,000. Finally, SummitTX Capital L.P. acquired a new position in Bitfarms in the fourth quarter valued at approximately $34,000. 20.59% of the stock is owned by hedge funds and other institutional investors.

Bitfarms Company Profile

Bitfarms Ltd. is a publicly traded, vertically integrated Bitcoin mining company listed on the NASDAQ under the ticker BITF. The company engages in the large-scale operation of cryptocurrency mining farms, leveraging specialized computing hardware to validate and secure the Bitcoin blockchain. By converting electrical energy into computing power, Bitfarms plays a critical role in processing transactions on the Bitcoin network and earning mining rewards.

Bitfarms operates data centers in several jurisdictions with access to low-cost, primarily renewable energy sources.