Analyst Ratings for Bitfarms
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 7 analysts have published their opinion on Bitfarms (NASDAQ:BITF) stock, with an average price target of $2.86, implying an upside from the current price of $1.065. The current average has increased by 43.0% from the previous average price target of $2.00.
September 25, 2023 | 8:00 pm
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POSITIVE IMPACT
Analysts have a bullish outlook on Bitfarms (NASDAQ:BITF) with an average price target of $2.86, implying an upside from the current price.
The bullish outlook from analysts, along with the increased price target, suggests a positive short-term impact on Bitfarms' stock. The average price target is significantly higher than the current price, indicating potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100