Bitfarms Stock Analysis
BITF Stock | USD 1.26 0.01 0.79% |
Bitfarms is undervalued with Real Value of 1.68 and Target Price of 3.25. The main objective of Bitfarms stock analysis is to determine its intrinsic value, which is an estimate of what Bitfarms is worth, separate from its market price. There are two main types of Bitfarms' stock analysis: fundamental analysis and technical analysis.
The Bitfarms stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Bitfarms' ongoing operational relationships across important fundamental and technical indicators.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitfarms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Bitfarms Stock Analysis Notes
About 21.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.1. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bitfarms recorded a loss per share of 0.18. The entity had not issued any dividends in recent years. Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. The company was founded in 2017 and is headquartered in Toronto, Canada. Bitfarms operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 106 people. For more info on Bitfarms please contact Geoffrey Morphy at 647-259-1790 or go to https://www.bitfarms.com.Bitfarms Investment Alerts
Bitfarms had very high historical volatility over the last 90 days | |
Bitfarms may become a speculative penny stock | |
The company reported the previous year's revenue of 192.88 M. Net Loss for the year was (54.06 M) with loss before overhead, payroll, taxes, and interest of (22.22 M). | |
Bitfarms currently holds about 45.98 M in cash with (140.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22. | |
Bitfarms has a poor financial position based on the latest SEC disclosures | |
Latest headline from benzinga.com: Bitfarms Stock Surges On Share Buyback Announcement |
Bitfarms Upcoming and Recent Events
19th of March 2024 Upcoming Quarterly Report | View | |
20th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
19th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Bitfarms Largest EPS Surprises
Earnings surprises can significantly impact Bitfarms' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2023-08-08 | 2023-06-30 | -0.05 | -0.06 | -0.01 | 20 | ||
2021-08-16 | 2021-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2024-11-05 | 2024-09-30 | -0.096 | -0.08 | 0.016 | 16 |
Bitfarms Thematic Classifications
In addition to having Bitfarms stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
![]() | BanksAll money banks and credit services |
Bitfarms Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Blackrock Inc | 2025-03-31 | 1.4 M | Galaxy Digital Capital Management Lp | 2025-03-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 1.1 M | Marshall Wace Asset Management Ltd | 2025-03-31 | 1.1 M | Squarepoint Ops Llc | 2025-03-31 | 931.8 K | Swiss National Bank | 2025-03-31 | 897 K | Cetera Investment Advisers | 2025-03-31 | 779.1 K | Banco Bilbao Vizcaya Argentaria Sa | 2025-03-31 | 777.1 K | Trium Capital Llp | 2025-03-31 | 772.6 K | Mmcap International Inc. Spc | 2025-03-31 | 11.9 M | Van Eck Associates Corporation | 2025-03-31 | 11.2 M |
Bitfarms Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 733.87 M.Bitfarms Profitablity
The company has Profit Margin (PM) of (0.4) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.31) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.31.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.08) | (0.09) | |
Return On Capital Employed | (0.17) | (0.18) | |
Return On Assets | (0.08) | (0.08) | |
Return On Equity | (0.09) | (0.09) |
Management Efficiency
Bitfarms has return on total asset (ROA) of (0.1043) % which means that it has lost $0.1043 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.163) %, meaning that it created substantial loss on money invested by shareholders. Bitfarms' management efficiency ratios could be used to measure how well Bitfarms manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.09. The current Return On Capital Employed is estimated to decrease to -0.18. At this time, Bitfarms' Non Current Assets Total are most likely to increase significantly in the upcoming years. The Bitfarms' current Total Current Assets is estimated to increase to about 224.4 M, while Intangible Assets are projected to decrease to roughly 2.2 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 1.47 | 0.79 | |
Tangible Book Value Per Share | 1.46 | 0.77 | |
Enterprise Value Over EBITDA | 8.22 | 11.24 | |
Price Book Value Ratio | 1.02 | 0.97 | |
Enterprise Value Multiple | 8.22 | 11.24 | |
Price Fair Value | 1.02 | 0.97 | |
Enterprise Value | 680 M | 714.1 M |
Understanding the operational decisions made by Bitfarms management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Technical Drivers
As of the 24th of July, Bitfarms shows the Risk Adjusted Performance of 0.1357, mean deviation of 3.69, and Downside Deviation of 4.51. Bitfarms technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bitfarms variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Bitfarms is priced correctly, providing market reflects its regular price of 1.26 per share. Given that Bitfarms is a hitting penny stock territory we recommend to closely look at its total risk alpha.Bitfarms Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bitfarms middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Bitfarms. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Bitfarms Outstanding Bonds
Bitfarms issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Bitfarms uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Bitfarms bonds can be classified according to their maturity, which is the date when Bitfarms has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MPLX LP 4125 Corp BondUS55336VAK61 | View | |
MPLX LP 52 Corp BondUS55336VAL45 | View | |
BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
MGM Resorts International Corp BondUS552953CD18 | View | |
Valero Energy Partners Corp BondUS91914JAA07 | View |
Bitfarms Predictive Daily Indicators
Bitfarms intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bitfarms stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Bitfarms Forecast Models
Bitfarms' time-series forecasting models are one of many Bitfarms' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bitfarms' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Bitfarms Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Bitfarms prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bitfarms shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bitfarms. By using and applying Bitfarms Stock analysis, traders can create a robust methodology for identifying Bitfarms entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.35) | (0.34) | |
Operating Profit Margin | (0.56) | (0.53) | |
Net Loss | (0.28) | (0.27) | |
Gross Profit Margin | (0.17) | (0.16) |
Current Bitfarms Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bitfarms analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bitfarms analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
3.25 | Strong Buy | 8 | Odds |
Most Bitfarms analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Bitfarms stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bitfarms, talking to its executives and customers, or listening to Bitfarms conference calls.
Bitfarms Stock Analysis Indicators
Bitfarms stock analysis indicators help investors evaluate how Bitfarms stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Bitfarms shares will generate the highest return on investment. By understating and applying Bitfarms stock analysis, traders can identify Bitfarms position entry and exit signals to maximize returns.
Begin Period Cash Flow | 84 M | |
Long Term Debt | 1.4 M | |
Common Stock Shares Outstanding | 414.7 M | |
Total Stockholder Equity | 608 M | |
Total Cashflows From Investing Activities | -178.4 M | |
Tax Provision | -14.3 M | |
Property Plant And Equipment Net | 423.4 M | |
Cash And Short Term Investments | 146.8 M | |
Cash | 59.5 M | |
Accounts Payable | 21.9 M | |
Net Debt | -36.1 M | |
50 Day M A | 0.9764 | |
Total Current Liabilities | 36.3 M | |
Other Operating Expenses | 300.4 M | |
Non Current Assets Total | 453.9 M | |
Forward Price Earnings | 84.0336 | |
Non Currrent Assets Other | 26.5 M | |
Stock Based Compensation | 13.9 M |
Complementary Tools for Bitfarms Stock analysis
When running Bitfarms' price analysis, check to measure Bitfarms' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bitfarms is operating at the current time. Most of Bitfarms' value examination focuses on studying past and present price action to predict the probability of Bitfarms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitfarms' price. Additionally, you may evaluate how the addition of Bitfarms to your portfolios can decrease your overall portfolio volatility.
Transaction History View history of all your transactions and understand their impact on performance | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
CEOs Directory Screen CEOs from public companies around the world |