Bitfarms Ltd. (BITF) Suffers a Larger Drop Than the General Market: Key Insights
Bitfarms .Bitfarms .(US:BITF) ZACKS·2026-02-11 00:15

Core Viewpoint - Bitfarms Ltd. is experiencing significant stock price volatility, with a recent closing price of $2.20, reflecting a decline of 2.65% in the latest trading session, which is worse than the S&P 500's loss of 0.33% [1] Company Performance - Over the past month, Bitfarms Ltd. shares have decreased by 25.41%, underperforming the Business Services sector's decline of 7.51% and the S&P 500's unchanged performance [1] - The upcoming earnings disclosure is anticipated to show an EPS of -$0.05, representing a 266.67% decline compared to the same quarter last year, while revenue is expected to be $64.38 million, indicating a 14.63% increase year-over-year [2] - For the full year, earnings are projected at -$0.28 per share and revenue at $278.28 million, reflecting a 100% decline in earnings and a 44.27% increase in revenue compared to the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for Bitfarms Ltd. are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [4] - The Zacks Rank system, which evaluates these estimate changes, currently assigns Bitfarms Ltd. a rank of 3 (Hold), with no changes in the consensus EPS estimate over the past month [6] Industry Context - Bitfarms Ltd. operates within the Technology Services industry, which is part of the Business Services sector. This industry currently holds a Zacks Industry Rank of 157, placing it in the bottom 36% of over 250 industries [7] - Research indicates that industries in the top 50% of the Zacks Rank outperform those in the bottom half by a factor of 2 to 1 [7]