Bitfarms .(US:BITF) ZACKSยท2025-07-16 23:16Company Performance - Bitfarms Ltd. closed at $1.04, reflecting a +1.96% change from the previous day, outperforming the S&P 500's gain of 0.32% [1] - The stock has increased by 26.96% over the past month, contrasting with the Business Services sector's decline of 1.01% and the S&P 500's rise of 4.51% [1] Upcoming Earnings - The company is expected to report an EPS of -$0.01, which indicates an 85.71% improvement compared to the same quarter last year [2] - Revenue is projected at $81.84 million, representing a 96.97% increase from the previous year [2] Full Year Projections - For the full year, the Zacks Consensus Estimates predict an EPS of -$0.1 and revenue of $328.49 million, reflecting changes of +28.57% and +70.31% respectively from the prior year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Bitfarms Ltd. are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a strong track record, with 1 rated stocks averaging a +25% annual return since 1988 [6] - Bitfarms Ltd. currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 31.03% over the past month [6] Industry Context - The Technology Services industry, part of the Business Services sector, has a Zacks Industry Rank of 74, placing it in the top 30% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]