Logo image of BITF

BITFARMS LTD/CANADA (BITF) Stock Price, Quote, News and Overview

NASDAQ:BITF - Nasdaq - CA09173B1076 - Common Stock - Currency: USD

1.32  -0.07 (-5.04%)

After market: 1.33 +0.01 (+0.76%)

BITF Quote, Performance and Key Statistics

BITFARMS LTD/CANADA

NASDAQ:BITF (2/21/2025, 8:03:33 PM)

After market: 1.33 +0.01 (+0.76%)

1.32

-0.07 (-5.04%)

Sector
GICS SectorInformation Technology
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustryApplication Software
Statistics
52 Week High3.91
52 Week Low1.28
Market Cap632.72M
Shares479.33M
Float388.81M
Yearly DividendN/A
Dividend YieldN/A
PEN/A
Fwd PEN/A
Earnings (Next)03-05 2025-03-05/bmo
IPO07-16 2019-07-16


BITF short term performance overview.The bars show the price performance of BITF in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -10 -20 -30 -40

BITF long term performance overview.The bars show the price performance of BITF in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 20 -20 -40 -60

The current stock price of BITF is 1.32 USD. In the past month the price decreased by -18.01%. In the past year, price decreased by -56.29%.

BITFARMS LTD/CANADA / BITF Daily stock chart

BITF Competitors/Peers

The largest stocks on the US markets in the "Application Software" sub-industry
Full List
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Name
TA
FA
PE
Market Cap
SAP SAP SE-SPONSORED ADR 59.83 330.11B
CRM SALESFORCE INC 31.94 296.48B
PLTR PALANTIR TECHNOLOGIES INC-A 247.2 230.78B
ADBE ADOBE INC 24.12 193.42B
INTU INTUIT INC 33.26 158.29B
APP APPLOVIN CORP-CLASS A 91.48 139.37B
MSTR MICROSTRATEGY INC-CL A N/A 77.37B
TEAM ATLASSIAN CORP-CL A 87.19 74.93B
SNPS SYNOPSYS INC 35.46 73.40B
CDNS CADENCE DESIGN SYS INC 43.27 70.85B
WDAY WORKDAY INC-CLASS A 36.89 68.20B
ROP ROPER TECHNOLOGIES INC 31.33 61.56B

About BITF

Company Profile

BITF logo image Bitfarms Ltd. (Canada) engages in the business of mining cryptocurrency. The company is headquartered in Toronto, Ontario and currently employs 170 full-time employees. The company went IPO on 2019-07-16. The firm develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The firm operates through the cryptocurrency mining segment. The firm operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The firm also operates Miners about 24 hours a day producing computational power (measured by hashrate) which it sells to Mining Pools under a formula-driven rate commonly known as Full Pay Per Share (FPPS). The firm has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.

Company Info

BITFARMS LTD/CANADA

110 Yonge Street, Suite 1601

TORONTO ONTARIO CA

CEO: Emiliano Grodzki

Employees: 170

Company Website: https://bitfarms.com/

Investor Relations: http://bitfarms.com/investors

Phone: 16472591790

BITFARMS LTD/CANADA / BITF FAQ

What is the stock price of BITFARMS LTD/CANADA today?

The current stock price of BITF is 1.32 USD. The price decreased by -5.04% in the last trading session.


What is the ticker symbol for BITFARMS LTD/CANADA stock?

The exchange symbol of BITFARMS LTD/CANADA is BITF and it is listed on the Nasdaq exchange.


On which exchange is BITF stock listed?

BITF stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for BITFARMS LTD/CANADA stock?

7 analysts have analysed BITF and the average price target is 4.8 USD. This implies a price increase of 263.3% is expected in the next year compared to the current price of 1.32. Check the BITFARMS LTD/CANADA stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is BITFARMS LTD/CANADA worth?

BITFARMS LTD/CANADA (BITF) has a market capitalization of 632.72M USD. This makes BITF a Small Cap stock.


How many employees does BITFARMS LTD/CANADA have?

BITFARMS LTD/CANADA (BITF) currently has 170 employees.


What are the support and resistance levels for BITFARMS LTD/CANADA (BITF) stock?

BITFARMS LTD/CANADA (BITF) has a resistance level at 1.42. Check the full technical report for a detailed analysis of BITF support and resistance levels.


Is BITFARMS LTD/CANADA (BITF) expected to grow?

The Revenue of BITFARMS LTD/CANADA (BITF) is expected to grow by 86.29% in the next year. Check the estimates tab for more information on the BITF EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy BITFARMS LTD/CANADA (BITF) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does BITFARMS LTD/CANADA (BITF) stock pay dividends?

BITF does not pay a dividend.


When does BITFARMS LTD/CANADA (BITF) report earnings?

BITFARMS LTD/CANADA (BITF) will report earnings on 2025-03-05, before the market open.


What is the Price/Earnings (PE) ratio of BITFARMS LTD/CANADA (BITF)?

BITFARMS LTD/CANADA (BITF) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.36).


What is the Short Interest ratio of BITFARMS LTD/CANADA (BITF) stock?

The outstanding short interest for BITFARMS LTD/CANADA (BITF) is 16.57% of its float. Check the ownership tab for more information on the BITF short interest.


BITF Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

BITF Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to BITF. The financial health of BITF is average, but there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

BITF Financial Highlights

Over the last trailing twelve months BITF reported a non-GAAP Earnings per Share(EPS) of -0.36. The EPS decreased by -62.98% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -21.58%
ROE -24.73%
Debt/Equity 0.04
Chartmill High Growth Momentum
EPS Q2Q%-14.16%
Sales Q2Q%29.65%
EPS 1Y (TTM)-62.98%
Revenue 1Y (TTM)43.88%

BITF Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 83% to BITF. The Buy consensus is the average rating of analysts ratings from 7 analysts.

For the next year, analysts expect an EPS growth of 38.37% and a revenue growth 86.29% for BITF


Ownership
Inst Owners20.22%
Ins Owners0.09%
Short Float %16.57%
Short Ratio1.42
Analysts
Analysts82.86
Price Target4.8 (263.64%)
EPS Next Y38.37%
Revenue Next Year86.29%