Bitfarms (BITF)
(Delayed Data from NSDQ)
$2.68 USD
-0.26 (-8.84%)
Updated Jun 24, 2024 04:00 PM ET
After-Market: $2.72 +0.04 (1.49%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth F Momentum D VGM
Bitfarms Ltd. (BITF) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$4.47 | $7.50 | $2.30 | 52.04% |
Price Target
Based on short-term price targets offered by seven analysts, the average price target for Bitfarms Ltd. comes to $4.47. The forecasts range from a low of $2.30 to a high of $7.50. The average price target represents an increase of 52.04% from the last closing price of $2.94.
Analyst Price Targets (7 )
Broker Rating
Bitfarms Ltd. currently has an average brokerage recommendation (ABR) of 1.29 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 1.14 a month ago based on seven recommendations.
Of the seven recommendations deriving the current ABR, six are Strong Buy, representing 85.71% of all recommendations. A month ago, Strong Buy made up 85.71%, while Buy represented 14.29%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/BITF.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 4 |
Buy | 0 | 0 | 1 | 1 | 1 |
Hold | 1 | 1 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.29 | 1.29 | 1.14 | 1.14 | 1.20 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
6/11/2024 | Cantor Fitzgerald & Co | Brett Knoblauch | Not Available | Strong Buy |
6/4/2024 | H.C. Wainwright & Co. | Michael Colonnese | Not Available | Strong Buy |
5/17/2024 | B. Riley Securities | Lucas N Pipes | Strong Buy | Strong Buy |
4/25/2024 | Northland Capital Markets | Michael Grondahl | Not Available | Strong Buy |
4/1/2024 | ATB Capital Markets | Martin Toner | Strong Buy | Strong Buy |
3/11/2024 | Compass Point Research & Trading | Chase White | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.29 |
ABR (Last week) | 1.29 |
# of Recs in ABR | 7 |
Average Target Price | $4.47 |
LT Growth Rate | NA |
Industry | Technology Services |
Industry Rank by ABR | 55 of 252 |
Current Quarter EPS Est: | -0.10 |