What is Northland Capmk’s Forecast for Bitfarms Q3 Earnings?

Bitfarms Ltd. (NASDAQ:BITF) – Equities research analysts at Northland Capmk lifted their Q3 2025 earnings estimates for shares of Bitfarms in a report released on Wednesday, May 14th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of $0.00 for the quarter, up from their prior estimate of ($0.01). The consensus estimate for Bitfarms’ current full-year earnings is ($0.21) per share. Northland Capmk also issued estimates for Bitfarms’ Q4 2025 earnings at ($0.01) EPS.

Bitfarms (NASDAQ:BITF) last issued its quarterly earnings data on Wednesday, May 14th. The company reported ($0.04) EPS for the quarter, meeting the consensus estimate of ($0.04). The business had revenue of $66.85 million during the quarter, compared to the consensus estimate of $67.17 million. Bitfarms had a negative net margin of 69.08% and a negative return on equity of 22.17%.

Several other research firms also recently issued reports on BITF. HC Wainwright reaffirmed a “buy” rating on shares of Bitfarms in a research note on Wednesday, May 14th. Industrial Alliance Securities set a $3.25 price objective on Bitfarms in a research report on Thursday, March 27th. Finally, Alliance Global Partners restated a “buy” rating on shares of Bitfarms in a research note on Wednesday, May 14th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $4.01.

Bitfarms Stock Down 2.6%

Shares of NASDAQ BITF opened at $1.12 on Monday. The company has a 50 day simple moving average of $0.95 and a 200 day simple moving average of $1.43. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.70 and a quick ratio of 3.68. Bitfarms has a 1 year low of $0.67 and a 1 year high of $3.28. The firm has a market cap of $603.90 million, a PE ratio of -3.11 and a beta of 3.69.

Institutional Investors Weigh In On Bitfarms

Large investors have recently made changes to their positions in the business. Van ECK Associates Corp lifted its stake in Bitfarms by 106.6% in the fourth quarter. Van ECK Associates Corp now owns 12,553,729 shares of the company’s stock worth $18,705,000 after acquiring an additional 6,477,985 shares during the period. Barclays PLC purchased a new position in shares of Bitfarms during the third quarter valued at about $161,000. Charles Schwab Investment Management Inc. raised its stake in Bitfarms by 121.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,501,953 shares of the company’s stock worth $3,728,000 after buying an additional 1,370,102 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in Bitfarms during the 4th quarter valued at approximately $1,200,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Bitfarms by 34.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,148,423 shares of the company’s stock worth $1,711,000 after acquiring an additional 293,138 shares during the period. 20.59% of the stock is currently owned by institutional investors.

Bitfarms Company Profile

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.