Bitfarms Ltd. (BITF) Social Stream
BITFARMS LTD (BITF) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering BITFARMS LTD.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-08-18 | 1 | $8 | $8 | $8 | $1.75 | 357.14% |
| 2022-03-29 | 1 | $10 | $10 | $10 | $1.75 | 471.43% |
| 2022-05-18 | 1 | $7 | $7 | $7 | $1.75 | 300% |
| 2023-02-03 | 1 | $5 | $5 | $5 | $1.75 | 185.71% |
| 2023-03-23 | 1 | $2 | $2 | $2 | $1.75 | 14.29% |
| 2023-04-04 | 2 | $2 | $2 | $2 | $1.75 | 14.29% |
| 2023-05-16 | 3 | $2.5 | $2 | $2.25 | $1.75 | 28.57% |
| 2023-05-19 | 3 | $2.5 | $2 | $2.166 | $1.75 | 23.77% |
| 2023-07-07 | 4 | $2.5 | $2 | $2.166 | $1.75 | 23.77% |
| 2023-07-17 | 4 | $3 | $2 | $2.5 | $1.75 | 42.86% |
| 2023-07-20 | 4 | $4.5 | $2 | $3 | $1.75 | 71.43% |
| 2023-07-31 | 4 | $4.5 | $2 | $3.187 | $1.75 | 82.11% |
| 2023-08-09 | 5 | $5 | $3 | $3.562 | $1.75 | 103.54% |
| 2023-09-06 | 4 | $5 | $3 | $3.562 | $1.75 | 103.54% |
| 2023-10-18 | 4 | $3.5 | $3 | $3.187 | $1.75 | 82.11% |
| 2023-11-09 | 4 | $3.5 | $2 | $2.937 | $1.75 | 67.83% |
| 2023-11-29 | 4 | $5.5 | $2 | $3.687 | $1.75 | 110.69% |
The Trend in the Analyst Price Target
BITF's average price target has moved down $1.31 over the prior 16 months.
Over the past 43 weeks, BITF's average upside potential has been 125.16%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-23 | 1 | 2.0 | 2 | 2.000 | 0.987 | 102.63% |
| 2023-04-25 | 2 | 2.5 | 2 | 2.250 | 1.060 | 112.26% |
| 2023-05-19 | 4 | 2.5 | 2 | 2.166 | 1.130 | 91.68% |
| 2023-07-07 | 4 | 2.5 | 2 | 2.166 | 1.710 | 26.67% |
| 2023-09-06 | 4 | 5.0 | 3 | 3.562 | 1.260 | 182.7% |
BITF Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.25 | 3 | 1 | 0 | 0 | 0 | 4 |
The Trend in the Broker Recommendations
Over the past 27 months, BITF's average broker recommendation rating worsened by 0.25.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for BITF as an investment opportunity.
- In the context of all US stocks, BITFARMS LTD's average analyst price target is higher than 49.31% of them.
- In terms of how BITFARMS LTD fares relative to Business Services stocks, note that its number of analysts covering the stock is greater than 102.21% of that group.
- In terms of how BITFARMS LTD fares relative to Financial Services stocks, note that its variance in analysts' estimates is lower than -673.69% of that group.
- BITFARMS LTD's upside potential (average analyst target price relative to current price) is higher than 1456.78% of Financial Services stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to BITFARMS LTD are OB, AVXL, and PIRS.
View All Top Stocks by Price Target
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