Investment Highlights:
- Recent share price dip of 24% amidst positive production results and market turbulence.
- Analysts set a one-year price target of $3.38, indicating significant upside potential.
- Current "Outperform" rating with a GF Value suggesting notable growth prospects.
Bitfarms (BITF, Financial) saw its share price plummet by 24% over the past week, even as the company celebrated robust production metrics with 280 BTC mined in March 2025. The turbulence was primarily influenced by market volatility linked to anticipated U.S. tariff announcements, which overshadowed Bitfarms’ commendable Q4 2024 earnings and their strategic initiatives in high-performance computing.
Wall Street Analysts Forecast
In a comprehensive evaluation by eight financial analysts, Bitfarms Ltd (BITF, Financial) has been assigned an average one-year price target of $3.38. This estimate spans a high of $4.50 to a low of $2.00, suggesting a potential upside of 298.89% from the current stock price of $0.85. Investors can explore more details at the Bitfarms Ltd (BITF) Forecast page.
Brokerage firms have collectively assigned Bitfarms Ltd (BITF, Financial) an average recommendation score of 1.9, indicating an "Outperform" status. This recommendation scale ranges from 1 (Strong Buy) to 5 (Sell), reflecting a favorable investor sentiment towards future performance.
According to GuruFocus estimates, the projected GF Value for Bitfarms Ltd (BITF, Financial) in one year stands at $2.13, marking an anticipated upside of 151.74% from its current price of $0.8461. The GF Value represents an estimate of the fair market value for the stock, derived from historical trading multiples, past business growth, and future performance projections. For more detailed insights, visit the Bitfarms Ltd (BITF) Summary page.
