$1.56
4.29% today
Nasdaq, Dec 30, 09:49 pm CET
ISIN
CA09173B1076
Symbol
BITF

Bitfarms Ltd. Target price 2024 - Analyst rating & recommendation

Bitfarms Ltd. Classifications & Recommendation:

Buy
100%

Bitfarms Ltd. Price Target

Target Price $4.73
Price $1.63
Potential
Number of Estimates 9
9 Analysts have issued a price target Bitfarms Ltd. 2025 . The average Bitfarms Ltd. target price is $4.73. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 9 analysts: 9 Analysts recommend Bitfarms Ltd. to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Bitfarms Ltd. stock has an average upside potential 2025 of . Most analysts recommend the Bitfarms Ltd. stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 146.37 195.34
2.77% 33.45%
EBITDA Margin 12.36% 27.61%
28.67% 123.40%

8 Analysts have issued a sales forecast Bitfarms Ltd. 2024 . The average Bitfarms Ltd. sales estimate is

$195m
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. This is
6.76% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$208m 13.52%
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, the lowest is
$186m 1.74%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $146m 2.77%
2024
$195m 33.45%
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2025
$446m 128.38%
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2026
$600m 34.44%
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2027
$802m 33.73%
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8 Analysts have issued an Bitfarms Ltd. EBITDA forecast 2024. The average Bitfarms Ltd. EBITDA estimate is

$53.9m
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. This is
48.07% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$67.0m 83.86%
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, the lowest is
$37.6m 3.21%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $18.1m 26.70%
2024
$53.9m 198.18%
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2025
$221m 310.29%
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2026
$326m 47.31%
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2027
$500m 53.25%
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EBITDA Margin

2023 12.36% 28.67%
2024
27.61% 123.40%
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2025
49.61% 79.68%
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2026
54.36% 9.57%
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2027
62.29% 14.59%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Dec '23 2024
Estimates
EV/Sales 3.32

Based on analysts' sales estimates for 2024, the Bitfarms Ltd. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.55 33.89%
2024
3.32 6.47%
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2025
1.45 56.21%
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2026
1.08 25.61%
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2027
0.81 25.22%
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P/S ratio

Current 4.21 25.87%
2024
3.94 6.34%
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2025
1.73 56.21%
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2026
1.28 25.62%
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2027
0.96 25.22%
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