Bitfarms Ltd [BITF] stock is trading at $1.24, down -3.12%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BITF shares have gain 6.90% over the last week, with a monthly amount glided 15.89%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Alliance Global Partners started tracking the stock with Buy rating on December 04, 2024, and set its price target to $6. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $4 on June 04, 2024. B. Riley Securities initiated its recommendation with a Buy and recommended $4 as its price target on December 14, 2023. Cantor Fitzgerald started tracking with a Overweight rating for this stock on May 19, 2023, and assigned it a price target of $2.
Bitfarms Ltd [BITF] stock has fluctuated between $0.67 and $2.76 over the past year. Currently, Wall Street analysts expect the stock to reach $3.25 within the next 12 months. Bitfarms Ltd [NASDAQ: BITF] shares were valued at $1.24 at the most recent close of the market. An investor can expect a potential return of 162.1% based on the average BITF price forecast.
Analyzing the BITF fundamentals
Bitfarms Ltd [NASDAQ:BITF] reported sales of 209.41M for the trailing twelve months, which represents a growth of 32.85%. Gross Profit Margin for this corporation currently stands at -0.11% with Operating Profit Margin at -0.56%, Pretax Profit Margin comes in at -0.41%, and Net Profit Margin reading is -0.4%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.15 and Total Capital is -0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, Bitfarms Ltd’s Current Ratio is 2.64. In addition, the Quick Ratio stands at 2.58 and the Cash Ratio stands at 0.45. Considering the valuation of this stock, the price to sales ratio is 3.30, the price to book ratio is 1.03.
Transactions by insiders
Recent insider trading involved Riot Platforms, Inc., 10% Owner, that happened on May 27 ’25 when 90.11 million shares were purchased. Former Director, MALON INVESTMENTS HOLDINGS COR completed a deal on Nov 07 ’24 to buy 100000.0 shares. Meanwhile, Former Director MALON INVESTMENTS HOLDINGS COR bought 0.5 million shares on Oct 15 ’24.
