Bitfarms Ltd. (BITF) Social Stream
BITFARMS LTD (BITF) Price Targets From Analysts
Use the tables below to see what analysts covering BITFARMS LTD think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-08-18 | 1 | $8 | $8 | $8 | $2.92 | 173.97% |
| 2022-03-29 | 1 | $10 | $10 | $10 | $2.92 | 242.47% |
| 2022-05-18 | 1 | $7 | $7 | $7 | $2.92 | 139.73% |
| 2023-02-03 | 1 | $5 | $5 | $5 | $2.92 | 71.23% |
| 2023-03-23 | 1 | $2 | $2 | $2 | $2.92 | -31.51% |
| 2023-04-04 | 2 | $2 | $2 | $2 | $2.92 | -31.51% |
| 2023-05-16 | 3 | $2.5 | $2 | $2.25 | $2.92 | -22.95% |
| 2023-05-19 | 3 | $2.5 | $2 | $2.166 | $2.92 | -25.82% |
| 2023-07-07 | 4 | $2.5 | $2 | $2.166 | $2.92 | -25.82% |
| 2023-07-17 | 4 | $3 | $2 | $2.5 | $2.92 | -14.38% |
| 2023-07-20 | 4 | $4.5 | $2 | $3 | $2.92 | 2.74% |
| 2023-07-31 | 4 | $4.5 | $2 | $3.187 | $2.92 | 9.14% |
| 2023-08-09 | 5 | $5 | $3 | $3.562 | $2.92 | 21.99% |
| 2023-09-06 | 4 | $5 | $3 | $3.562 | $2.92 | 21.99% |
| 2023-10-18 | 4 | $3.5 | $3 | $3.187 | $2.92 | 9.14% |
| 2023-11-09 | 4 | $3.5 | $2 | $2.937 | $2.92 | 0.58% |
| 2023-11-29 | 4 | $5.5 | $2 | $3.687 | $2.92 | 26.27% |
| 2023-12-14 | 5 | $5.5 | $2 | $3.75 | $2.92 | 28.42% |
The Trend in the Analyst Price Target
BITF's average price target has moved down $1.25 over the prior 16 months.
BITF reports an average of 121.6% for its upside potential over the past 45 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-03 | 1 | 5 | 5 | 5.000 | 1.060 | 371.7% |
| 2023-03-23 | 2 | 2 | 2 | 2.000 | 0.987 | 102.63% |
| 2023-03-23 | 1 | 2 | 2 | 2.000 | 0.987 | 102.63% |
| 2023-07-17 | 4 | 3 | 2 | 2.500 | 1.840 | 35.87% |
| 2023-08-09 | 5 | 5 | 3 | 3.562 | 1.530 | 132.81% |
BITF Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.2 | 4 | 1 | 0 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
Over the past 91 days, BITF's average broker recommendation rating improved by 0.05.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, BITFARMS LTD's average analyst price target is greater than 54.42% of them.
- In the context of Business Services stocks, BITFARMS LTD's number of analysts covering the stock is higher than 126.22% of them.
- BITF has a lower variance in analysts' estimates than -862.85% of Financial Services stocks.
- BITF has a higher upside potential (average analyst target price relative to current price) than 955.49% of Financial Services stocks.
In the Business Services industry, PIRS, LUNA, and NRC are the three stocks most similar to BITFARMS LTD regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
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