From Nasdaq: 2025-02-14 18:15:04

Bitfarms Ltd. (BITF) closed at $1.42, up 1.43% from the previous day, outperforming the S&P 500. The stock has dropped 14.63% in the past month. Analysts forecast an EPS of -$0.04 and quarterly revenue of $55.02 million. Bitfarms Ltd. currently holds a Zacks Rank of #3 (Hold) in the Technology Services industry.

Market participants are eagerly awaiting Bitfarms Ltd.’s financial results, with analysts predicting positive changes in estimates. The Zacks Rank system, which considers estimate changes, has historically outperformed, with #1 ranked stocks averaging a +25% annual return. The Technology Services industry ranks in the top 29% of all industries.

Experts have identified 7 elite stocks, including Bitfarms Ltd., as the “Most Likely for Early Price Pops.” Since 1988, these stocks have outperformed the market by 2X, with an average annual gain of +24.3%. Investors are advised to keep track of stock-moving metrics on Zacks.com for upcoming trading sessions.



Read more at Nasdaq: Bitfarms Ltd. (BITF) Advances While Market Declines: Some Information for Investors