In last trading session, Bitfarms Ltd (NASDAQ:BITF) saw 23.73 million shares changing hands with its beta currently measuring 3.97. Company’s recent per share price level of $1.09 trading at -$0.07 or -6.03% at ring of the bell on the day assigns it a market valuation of $552.52M. That closing price of BITF’s stock is at a discount of -200.92% from its 52-week high price of $3.28 and is indicating a premium of 38.53% from its 52-week low price of $0.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 15.12 million shares which gives us an average trading volume of 21.17 million if we extend that period to 3-months.
For Bitfarms Ltd (BITF), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Bitfarms Ltd (NASDAQ:BITF) trade information
Upright in the red during last session for losing -6.03%, in the last five days BITF remained trading in the green while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $1.09 price level, adding 8.4% to its value on the day. Bitfarms Ltd’s shares saw a change of -26.85% in year-to-date performance and have moved 6.86% in past 5-day. Bitfarms Ltd (NASDAQ:BITF) showed a performance of 33.74% in past 30-days. Number of shares sold short was 52.56 million shares which calculate 4.31 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.25 to the stock, which implies a rise of 66.46% to its current value. Analysts have been projecting 3.25 as a low price target for the stock while placing it at a high target of 3.25. It follows that stock’s current price would drop -198.17% in reaching the projected high whereas dropping to the targeted low would mean a loss of -198.17% for stock’s current value.
Bitfarms Ltd (BITF) estimates and forecasts
This year revenue growth is estimated to rise 72.46% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 76.55M for the same. And 4 analysts are in estimates of company making revenue of 85.52M in the next quarter. Company posted 41.55M and 44.85M of sales in current and next quarters respectively a year earlier.
Bitfarms Ltd (NASDAQ:BITF)’s Major holders
Insiders are in possession of 16.78% of company’s total shares while institution are holding 23.33 percent of that, with stock having share float percentage of 28.03%. Investors also watch the number of corporate investors in a company very closely, which is 23.33% institutions for Bitfarms Ltd that are currently holding shares of the company. INVESCO LTD. is the top institutional holder at BITF for having 19.71 million shares of worth $50.66 million. And as of 2024-06-30, it was holding 4.9128 of the company’s outstanding shares.
The second largest institutional holder is TOROSO INVESTMENTS, LLC, which was holding about 6.62 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.6492 of outstanding shares, having a total worth of $17.01 million.
On the other hand, Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF and GLOBAL X FUNDS-Global X Blockchain ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 5.63 shares of worth $6.13 million or 1.04% of the total outstanding shares. The later fund manager was in possession of 4.22 shares on Mar 31, 2025 , making its stake of worth around $4.6 million in the company or a holder of 0.78% of company’s stock.
