Update shared on01 Aug 2025
Fair value Increased 43%The significant upward revision in Bitfarms' price target reflects increased analyst optimism, underpinned by higher forecasted revenue growth and elevated future P/E expectations, raising the consensus fair value from CA$3.50 to CA$5.01.
What's in the News
- Bitfarms announced a share repurchase program, intending to buy back up to 8.96% of its outstanding common shares.
- The Board of Directors authorized the buyback plan.
- A class action lawsuit was filed alleging securities law violations, deficient internal controls, misclassification of warrants, and misstated financial statements.
- Bitfarms reported first quarter 2025 BTC production of 693, down from 943 the prior year.
Valuation Changes
Summary of Valuation Changes for Bitfarms
- The Consensus Analyst Price Target has significantly risen from CA$3.50 to CA$5.01.
- The Future P/E for Bitfarms has significantly risen from 35.18x to 62.27x.
- The Consensus Revenue Growth forecasts for Bitfarms has risen from 37.0% per annum to 40.5% per annum.
Disclaimer
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