Top 10 Stocks Offering High Upside Potential in Data Centers and AI

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1. Bitfarms Ltd. (NASDAQ:BITF)

Stock Upside Potential: 132.56%

Number of Hedge Fund Holders: 10

Bitfarms Ltd. (NASDAQ:BITF) is one of the top stocks offering high upside potential in data centers and AI. On November 14, H.C. Wainwright cut its price target on Bitfarms Ltd. (NASDAQ: BITF) to $4.00 from $5.50, while keeping a Buy rating. Analysts linked the selloff to a broader pullback in AI-related investments and disappointment over the lack of financing deals for Bitfarms’ planned HPC/AI data center projects.

A day earlier, on November 13, 2025, Bitfarms reported weak third-quarter results. The company posted an EPS of -$0.08, far below the expected -0.02, marking a 300% negative surprise. Revenue came in at $69.25 million, missing forecasts of $88.72 million by nearly 22%, despite a 156% year-over-year increase from continuing operations. The poor earnings highlighted the challenges of Bitfarms’ pivot from Bitcoin mining to AI and HPC infrastructure.

Looking forward, H.C. Wainwright remains optimistic about Bitfarms’ long-term prospects. The firm expects HPC/AI monetization by the first half of 2027, supported by a 2 GW pipeline of sites in Pennsylvania and Washington. Bitfarms is also developing NVIDIA’s Vera Rubin GPUs and converting its Washington facility for AI workloads. While near-term guidance remains cautious, analysts believe the company could secure blue-chip HPC/AI contracts sooner, positioning it to benefit from rising demand for AI-driven data center capacity.

Bitfarms Ltd. (NASDAQ:BITF) is evolving beyond Bitcoin mining into a major force in AI and data centers, leveraging its 2.1 GW energy portfolio and robust infrastructure to support high-performance computing. With 12 advanced facilities offering 341 MW of capacity, the company is shifting toward AI-driven workloads and HPC operations, aiming to capture rising demand for AI computing power.

While we acknowledge the potential of Bitfarms Ltd. (NASDAQ:BITF) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BITF and that has 100x upside potential, check out our report about this cheapest AI stock.

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