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$2.00
-0.03-1.48%
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$2.01
0.01000.50%
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Bitfarms (NASDAQ:BITF) Stock, Analyst Ratings, Price Targets, Forecasts
Bitfarms Ltd has a consensus price target of $4.17 based on the ratings of 6 analysts. The high is $5 issued by Cantor Fitzgerald on September 3, 2024. The low is $3 issued by B. Riley Securities on May 17, 2024. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, HC Wainwright & Co., and HC Wainwright & Co. on September 3, 2024, August 22, 2024, and August 12, 2024, respectively. With an average price target of $4.33 between Cantor Fitzgerald, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 115.59% upside for Bitfarms Ltd from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Cantor Fitzgerald
HC Wainwright & Co.
Cantor Fitzgerald
B. Riley Securities
Northland Capital Markets
1calculated from analyst ratings
Analyst Ratings for Bitfarms
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FAQ
What is the target price for Bitfarms (BITF) stock?
The latest price target for Bitfarms (NASDAQ:BITF) was reported by Cantor Fitzgerald on September 3, 2024. The analyst firm set a price target for $5.00 expecting BITF to rise to within 12 months (a possible 148.76% upside). 23 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Bitfarms (BITF)?
The latest analyst rating for Bitfarms (NASDAQ:BITF) was provided by Cantor Fitzgerald, and Bitfarms reiterated their overweight rating.
When was the last upgrade for Bitfarms (BITF)?
There is no last upgrade for Bitfarms
When was the last downgrade for Bitfarms (BITF)?
There is no last downgrade for Bitfarms.
When is the next analyst rating going to be posted or updated for Bitfarms (BITF)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bitfarms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bitfarms was filed on September 3, 2024 so you should expect the next rating to be made available sometime around September 3, 2025.
Is the Analyst Rating Bitfarms (BITF) correct?
While ratings are subjective and will change, the latest Bitfarms (BITF) rating was a reiterated with a price target of $5.00 to $5.00. The current price Bitfarms (BITF) is trading at is $2.01, which is out of the analyst’s predicted range.
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