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

Bitfarms Ltd. (NASDAQ:BITF) – Stock analysts at Northland Capmk upped their Q3 2025 earnings estimates for Bitfarms in a report issued 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 forecast 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) earnings per share for the quarter, meeting the consensus estimate of ($0.04). The business had revenue of $66.85 million for the quarter, compared to analysts’ expectations of $67.17 million. Bitfarms had a negative return on equity of 22.17% and a negative net margin of 69.08%.

Several other research analysts have also recently weighed in on the stock. HC Wainwright cut their price target on shares of Bitfarms from $4.00 to $3.50 and set a “buy” rating on the stock in a report on Thursday, March 27th. Alliance Global Partners reissued a “buy” rating on shares of Bitfarms in a research report on Thursday, March 27th. Finally, Industrial Alliance Securities set a $3.25 target price on Bitfarms in a report on Thursday, March 27th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $4.01.

Bitfarms Stock Performance

Shares of BITF stock opened at $1.15 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.70 and a quick ratio of 3.68. The firm has a 50-day moving average of $0.95 and a 200-day moving average of $1.44. Bitfarms has a one year low of $0.67 and a one year high of $3.28. The company has a market cap of $620.08 million, a P/E ratio of -3.19 and a beta of 3.69.

Hedge Funds Weigh In On Bitfarms

Institutional investors have recently added to or reduced their stakes in the stock. Van ECK Associates Corp boosted 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 valued at $18,705,000 after acquiring an additional 6,477,985 shares during the last quarter. Barclays PLC bought a new stake in shares of Bitfarms in the 3rd quarter worth approximately $161,000. Charles Schwab Investment Management Inc. lifted 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 valued at $3,728,000 after purchasing an additional 1,370,102 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in Bitfarms during the fourth quarter valued at $1,200,000. Finally, Paloma Partners Management Co grew its holdings in Bitfarms by 620.8% during the fourth quarter. Paloma Partners Management Co now owns 1,801,900 shares of the company’s stock valued at $2,685,000 after purchasing an additional 1,551,900 shares during the period. Institutional investors own 20.59% of the company’s stock.

About Bitfarms

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.