Bitfarms (BITF) stock Forecast for 2022 – 2026
Last update: March 23, 2023 (07:03)
Sector: FinancialThe share price of Bitfarms Ltd. (BITF) now
50/200 Day Moving Average: $0.952 / $1.072
This figure corresponds to the Average Price over the previous 50/200 days. For Bitfarms stocks, the 50-day moving average is the support level today.
For Bitfarms stocks, the 200-day moving average is the resistance level today.
Are you interested in Bitfarms Ltd. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Bitfarms stock price in 2023, 2024, 2025, 2026, 2027. How much will one Bitfarms share be worth in 2023 - 2027?
When should I take profit in Bitfarms stock? When should I record a loss on Bitfarms stock? What are analysts' forecasts for Bitfarms stock? What is the future of Bitfarms stock? We forecast Bitfarms stock performance using neural networks based on historical data on Bitfarms stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
Bitfarms stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Bitfarms shares. This happens once a day.
Historical and forecast chart of Bitfarms stock
The chart below shows the historical price of Bitfarms stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Bitfarms stock price can be found in the table below.
Long-term forecasts by years.
Bitfarms daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Mar 25 | 1.05 | 1.02 | 1.11 | 8.41 |
| Mar 26 | 1.04 | 1.01 | 1.06 | 4.76 |
| Mar 27 | 1.03 | 0.98 | 1.08 | 9.74 |
| Mar 28 | 0.99 | 0.97 | 1.03 | 5.41 |
| Mar 29 | 0.98 | 0.94 | 1.01 | 7.08 |
| Mar 30 | 0.96 | 0.94 | 1.01 | 7.32 |
| Mar 31 | 0.99 | 0.95 | 1.03 | 8.57 |
| Apr 01 | 0.99 | 0.96 | 1.04 | 8.54 |
| Apr 02 | 0.92 | 0.88 | 0.94 | 7.31 |
| Apr 03 | 0.96 | 0.92 | 0.97 | 6.05 |
| Apr 04 | 0.92 | 0.88 | 0.95 | 7.75 |
| Apr 05 | 0.95 | 0.90 | 0.98 | 8.87 |
| Apr 06 | 0.96 | 0.91 | 1.00 | 9.77 |
| Apr 07 | 0.93 | 0.88 | 0.98 | 11.33 |
| Apr 08 | 0.93 | 0.89 | 0.97 | 8.95 |
| Apr 09 | 0.99 | 0.94 | 1.03 | 9.18 |
| Apr 10 | 1.03 | 0.99 | 1.07 | 7.42 |
| Apr 11 | 1.03 | 0.98 | 1.09 | 11.06 |
| Apr 12 | 1.05 | 1.00 | 1.08 | 8.39 |
| Apr 13 | 1.01 | 0.97 | 1.04 | 7.36 |
| Apr 14 | 1.00 | 0.96 | 1.02 | 6.20 |
| Apr 15 | 1.01 | 0.97 | 1.07 | 9.35 |
| Apr 16 | 1.00 | 0.95 | 1.03 | 9.00 |
| Apr 17 | 0.97 | 0.93 | 0.99 | 7.17 |
| Apr 18 | 1.02 | 1.00 | 1.05 | 5.49 |
| Apr 19 | 1.07 | 1.05 | 1.12 | 7.02 |
| Apr 20 | 1.09 | 1.08 | 1.12 | 4.56 |
| Apr 21 | 1.09 | 1.05 | 1.12 | 5.97 |
| Apr 22 | 1.03 | 1.00 | 1.06 | 6.16 |
| Apr 23 | 1.05 | 1.02 | 1.09 | 7.41 |
Bitfarms Daily Price Targets
Bitfarms Stock Forecast 03-25-2023.
Forecast target price for 03-25-2023: $1.05.
Positive dynamics for Bitfarms shares will prevail with possible volatility of 7.761%.
Pessimistic target level: 1.02
Optimistic target level: 1.11
Bitfarms Stock Forecast 03-26-2023.
Forecast target price for 03-26-2023: $1.04.
Negative dynamics for Bitfarms shares will prevail with possible volatility of 4.547%.
Pessimistic target level: 1.01
Optimistic target level: 1.06
Bitfarms Stock Forecast 03-27-2023.
Forecast target price for 03-27-2023: $1.03.
Negative dynamics for Bitfarms shares will prevail with possible volatility of 8.873%.
Pessimistic target level: 0.98
Optimistic target level: 1.08
Bitfarms Stock Forecast 03-28-2023.
Forecast target price for 03-28-2023: $0.99.
Negative dynamics for Bitfarms shares will prevail with possible volatility of 5.133%.
Pessimistic target level: 0.97
Optimistic target level: 1.03
Bitfarms Stock Forecast 03-29-2023.
Forecast target price for 03-29-2023: $0.98.
Negative dynamics for Bitfarms shares will prevail with possible volatility of 6.614%.
Pessimistic target level: 0.94
Optimistic target level: 1.01
Bitfarms Stock Forecast 03-30-2023.
Forecast target price for 03-30-2023: $0.96.
Negative dynamics for Bitfarms shares will prevail with possible volatility of 6.820%.
Pessimistic target level: 0.94
Optimistic target level: 1.01
BITF (BITF) Monthly Stock Prediction for 2023
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Apr. | 0.97 | 0.83 | 1.04 | 20.60 |
| May. | 0.94 | 0.78 | 1.08 | 28.05 |
| Jun. | 0.97 | 0.88 | 1.07 | 17.78 |
| Jul. | 0.84 | 0.71 | 0.96 | 26.28 |
| Aug. | 0.84 | 0.75 | 0.90 | 16.27 |
| Sep. | 0.84 | 0.70 | 0.93 | 25.22 |
| Oct. | 0.88 | 0.84 | 1.04 | 19.08 |
| Nov. | 0.94 | 0.79 | 1.02 | 22.04 |
| Dec. | 0.96 | 0.86 | 1.02 | 15.22 |
Bitfarms forecast for this year
Bitfarms Stock Prediction for Apr 2023
An downtrend is forecast for this month with an optimal target price of $0.972817. Pessimistic: $0.83. Optimistic: $1.04
Bitfarms Stock Prediction for May 2023
An downtrend is forecast for this month with an optimal target price of $0.940714. Pessimistic: $0.78. Optimistic: $1.08
Bitfarms Stock Prediction for Jun 2023
An uptrend is forecast for this month with an optimal target price of $0.967619. Pessimistic: $0.88. Optimistic: $1.07
Bitfarms Stock Prediction for Jul 2023
An downtrend is forecast for this month with an optimal target price of $0.842022. Pessimistic: $0.71. Optimistic: $0.96
Bitfarms Stock Prediction for Aug 2023
An downtrend is forecast for this month with an optimal target price of $0.838317. Pessimistic: $0.75. Optimistic: $0.90
Bitfarms Stock Prediction for Sep 2023
An uptrend is forecast for this month with an optimal target price of $0.840161. Pessimistic: $0.70. Optimistic: $0.93
Bitfarms Stock Prediction for Oct 2023
An uptrend is forecast for this month with an optimal target price of $0.882674. Pessimistic: $0.84. Optimistic: $1.04
Bitfarms Stock Prediction for Nov 2023
An uptrend is forecast for this month with an optimal target price of $0.935104. Pessimistic: $0.79. Optimistic: $1.02
Bitfarms Stock Prediction for Dec 2023
An uptrend is forecast for this month with an optimal target price of $0.963906. Pessimistic: $0.86. Optimistic: $1.02
Bitfarms (BITF) Monthly Stock Prediction for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.17 | 1.06 | 1.24 | 15.24 |
| Feb | 1.11 | 0.93 | 1.18 | 21.46 |
| Mar | 1.12 | 0.93 | 1.31 | 29.05 |
| Apr | 1.12 | 1.01 | 1.20 | 15.72 |
| May | 1.33 | 1.27 | 1.50 | 14.91 |
| Jun | 1.29 | 1.07 | 1.50 | 28.70 |
| Jul | 1.24 | 1.06 | 1.38 | 23.74 |
| Aug | 1.28 | 1.11 | 1.49 | 25.35 |
| Sep | 1.36 | 1.29 | 1.56 | 17.29 |
| Oct | 1.34 | 1.15 | 1.51 | 23.46 |
| Nov | 1.37 | 1.19 | 1.54 | 22.72 |
| Dec | 1.47 | 1.31 | 1.73 | 24.37 |
Bitfarms (BITF) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.41 | 1.22 | 1.61 | 24.25 |
| Feb | 1.21 | 1.03 | 1.30 | 20.63 |
| Mar | 1.18 | 1.08 | 1.31 | 17.71 |
| Apr | 1.10 | 0.93 | 1.15 | 19.14 |
| May | 1.11 | 0.93 | 1.28 | 27.12 |
| Jun | 1.05 | 1.00 | 1.16 | 13.53 |
| Jul | 1.07 | 0.89 | 1.21 | 26.72 |
| Aug | 0.86 | 0.81 | 0.93 | 12.23 |
| Sep | 0.86 | 0.81 | 0.98 | 17.39 |
| Oct | 0.89 | 0.81 | 1.02 | 20.40 |
| Nov | 0.84 | 0.78 | 0.90 | 13.98 |
| Dec | 0.80 | 0.76 | 0.85 | 9.82 |
Bitfarms (BITF) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.86 | 0.74 | 0.98 | 24.25 |
| Feb | 0.95 | 0.79 | 1.09 | 27.56 |
| Mar | 1.03 | 0.97 | 1.19 | 18.87 |
| Apr | 1.20 | 1.10 | 1.37 | 19.90 |
| May | 1.18 | 1.11 | 1.32 | 16.09 |
| Jun | 1.42 | 1.27 | 1.61 | 21.60 |
| Jul | 1.19 | 1.14 | 1.32 | 14.04 |
| Aug | 1.10 | 1.02 | 1.21 | 15.89 |
| Sep | 1.05 | 0.87 | 1.22 | 28.81 |
| Oct | 0.96 | 0.82 | 1.00 | 18.72 |
| Nov | 0.86 | 0.80 | 0.96 | 16.05 |
| Dec | 0.92 | 0.77 | 1.04 | 25.60 |
Bitfarms (BITF) Monthly Stock Prediction for 2027
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.97 | 0.85 | 1.03 | 17.41 |
| Feb | 1.03 | 0.96 | 1.17 | 18.11 |
| Mar | 1.07 | 0.99 | 1.12 | 11.78 |
| Apr | 1.15 | 1.04 | 1.22 | 15.10 |
| May | 1.25 | 1.11 | 1.42 | 22.13 |
| Jun | 1.11 | 0.99 | 1.19 | 16.58 |
| Jul | 1.04 | 0.97 | 1.18 | 17.88 |
| Aug | 1.08 | 0.96 | 1.21 | 21.04 |
| Sep | 0.87 | 0.76 | 0.97 | 21.63 |
| Oct | 0.93 | 0.79 | 1.02 | 22.76 |
| Nov | 0.88 | 0.75 | 1.03 | 27.55 |
| Dec | 0.81 | 0.72 | 0.86 | 16.20 |
Bitfarms information and performance
Bitfarms Ltd. owns and operates blockchain farms that power the global decentralized financial economy. It provides computing power to crypto currency networks such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash, earning fees from each network for securing and processing transactions. The company was founded on October 11, 2018 and is headquartered in Toronto, Canada.
18 KING STREET EAST, SUITE 902, TORONTO, ON, CANADA
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Related stocks from Financial sector
