Fintel reports that on December 9, 2025, ATB CAPITAL MARKETS maintained coverage of Bitfarms (NasdaqGM:BITF) with a Outperform recommendation.
Analyst Price Forecast Suggests 51.19% Upside
As of December 6, 2025, the average one-year price target for Bitfarms is $3.82/share. The forecasts range from a low of $1.44 to a high of $6.37. The average price target represents an increase of 51.19% from its latest reported closing price of $2.53 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Bitfarms is 467MM, an increase of 69.11%. The projected annual non-GAAP EPS is 0.57.
What is the Fund Sentiment?
There are 221 funds or institutions reporting positions in Bitfarms. This is an increase of 46 owner(s) or 26.29% in the last quarter. Average portfolio weight of all funds dedicated to BITF is 0.32%, an increase of 91.56%. Total shares owned by institutions increased in the last three months by 64.62% to 200,192K shares. 
The put/call ratio of BITF is 0.21, indicating a bullish outlook.
What are Other Shareholders Doing?
Invesco holds 14,374K shares representing 2.40% ownership of the company. In its prior filing, the firm reported owning 13,235K shares , representing an increase of 7.92%. The firm increased its portfolio allocation in BITF by 237.67% over the last quarter.
Jane Street Group holds 13,480K shares representing 2.25% ownership of the company. In its prior filing, the firm reported owning 99K shares , representing an increase of 99.26%. The firm increased its portfolio allocation in BITF by 35,481.03% over the last quarter.
Susquehanna International Group, Llp holds 12,382K shares representing 2.07% ownership of the company. In its prior filing, the firm reported owning 2,700K shares , representing an increase of 78.19%. The firm increased its portfolio allocation in BITF by 1,166.14% over the last quarter.
Citadel Advisors holds 10,957K shares representing 1.83% ownership of the company. In its prior filing, the firm reported owning 493K shares , representing an increase of 95.50%. The firm increased its portfolio allocation in BITF by 6,433.33% over the last quarter.
MIRAE ASSET GLOBAL ETFS HOLDINGS holds 7,060K shares representing 1.18% ownership of the company. In its prior filing, the firm reported owning 5,162K shares , representing an increase of 26.89%. The firm increased its portfolio allocation in BITF by 285.54% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
