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Bitfarms (BITF)
NASDAQ:BITF
Bitfarms (BITF) Stock Price & Analysis
1,250 Followers
BITF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.92 - $3.91
Previous Close$1.75
Volume14.68M
Average Volume (3M)21.94M
Market Cap
$525.35M
Enterprise Value$454.79M
Total Cash (Recent Filing)$90.43M
Total Debt (Recent Filing)$19.87M
Price to Earnings (P/E)-4.9
Beta2.58
Next Earnings
Aug 30, 2024EPS Estimate
-$0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.36
Shares Outstanding339,274,000
10 Day Avg. Volume13,938,835
30 Day Avg. Volume21,936,586
Standard Deviation0.37
R-Squared0.26
Alpha0.00901
Financial Highlights & Ratios
Price to Book (P/B)2.09
Price to Sales (P/S)4.06
Price to Cash Flow (P/CF)11.20
P/FCF Ratio14.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.11
Enterprise Value/Gross Profit-21.15
Enterprise Value/Ebitda-24.25
Forecast
1Y Price Target
$4.29Price Target Upside145.14% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Bitfarms News
PremiumCompany Announcements
Bitfarms Boasts Strong Q1 Growth and Tax Windfall
PremiumCompany Announcements
Bitfarms Reports Stellar Growth and Expansion
PremiumCompany Announcements
Bitfarms Boosts Paraguay Site Capacity for Growth
Ownership Overview
12.71% Insiders
0.08% Mutual Funds
16.73% Other Institutional Investors
70.49% Public Companies and Individual Investors
BITF FAQ
What was Bitfarms’s price range in the past 12 months?
Bitfarms lowest stock price was $0.92 and its highest was $3.91 in the past 12 months.
What is Bitfarms’s market cap?
Currently, no data Available
When is Bitfarms’s upcoming earnings report date?
Bitfarms’s upcoming earnings report date is Aug 30, 2024 which is in 104 days.
How were Bitfarms’s earnings last quarter?
Bitfarms released its earnings results on May 15, 2024. The company reported -$0.02 earnings per share for the quarter, missing the consensus estimate of -$0.018 by -$0.002.
Is Bitfarms overvalued?
According to Wall Street analysts Bitfarms’s price is currently Undervalued.
Does Bitfarms pay dividends?
Bitfarms does not currently pay dividends.
What is Bitfarms’s EPS estimate?
Bitfarms’s EPS estimate is -$0.06.
How many shares outstanding does Bitfarms have?
Bitfarms has 301,856,500 shares outstanding.
What happened to Bitfarms’s price movement after its last earnings report?
Bitfarms reported an EPS of -$0.02 in its last earnings report, missing expectations of -$0.018. Following the earnings report the stock price went up 14.907%.
Which hedge fund is a major shareholder of Bitfarms?
Currently, no hedge funds are holding shares in BITF
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Bitfarms Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$4.29 (145.14% Upside)
$4.29 (145.14% Upside)
Blogger Sentiment
Bullish
BITF Sentiment 92%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $240.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.1%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
52.17%
12-Months-Change
Fundamentals
Return on Equity
-33.46%
Trailing 12-Months
Asset Growth
28.46%
Trailing 12-Months
Company Description
Bitfarms
Bitfarms Ltd owns and operates blockchain farms that power the global decentralized financial economy. It provides computing power to cryptocurrency networks such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash, earning fees from each network for securing and processing transactions. Bitfarms also provides computing power to cryptocurrency networks.
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BITF Company Deck
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BITF Earnings Call
Q1 2024
0:00 / 0:00
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BITF Stock 12 Month Forecast
Average Price Target
$4.29
▲(145.14% Upside)
Technical Analysis
Best Analysts Covering BITF
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
+45.82%
reiterated a buy rating 5 days ago
Copying Bill Papanastasiou's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +45.82% per trade.
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