Bitfarms .(US:BITF) ZACKS·2025-07-29 23:16Company Performance - Bitfarms Ltd. closed at $1.24, down 3.13% from the previous session, underperforming the S&P 500's loss of 0.3% [1] - Over the past month, Bitfarms shares gained 52.35%, significantly outperforming the Business Services sector's gain of 0.16% and the S&P 500's gain of 3.64% [1] Financial Forecast - The upcoming financial results are expected to show an EPS of -$0.01, reflecting an 85.71% increase from the same quarter last year [2] - Revenue is projected at $81.84 million, up 96.97% year-over-year [2] Annual Estimates - For the entire year, the forecast indicates an EPS of -$0.1 and revenue of $328.49 million, representing increases of 28.57% and 70.31% respectively compared to the previous year [3] - Recent adjustments to analyst estimates suggest a positive outlook for Bitfarms, indicating analyst optimism regarding business and profitability [3] Analyst Ratings - The Zacks Rank system, which evaluates estimate changes, currently rates Bitfarms Ltd. as 2 (Buy) [5] - Over the last 30 days, the Zacks Consensus EPS estimate has increased by 31.03% [5] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 87, placing it in the top 36% of all industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]