
HIVE Stock Forecast & Price Target
HIVE Analyst Ratings
Bulls say
HIVE Digital Technologies Ltd demonstrated robust growth in BTC mining revenues, achieving $26.7 million, which marks a 29% quarter-over-quarter increase primarily driven by a 37% rise in average BTC prices. The company's strategic expansion into high-performance computing (HPC) is evidenced by HPC revenues reaching $2.5 million, a notable rise of 35% from the previous quarter, with projections indicating a substantial increase in gross margins from 20% to nearly 50% by the fourth quarter of 2026. Furthermore, the upward revision of revenue and adjusted EBITDA estimates for the fiscal year ending March 31, 2026, to $375.8 million and $178.6 million respectively highlights the company's strong growth trajectory and operational efficiency.
Bears say
HIVE Digital Technologies Ltd. is facing a negative outlook primarily due to a reduction in its F2025 revenue estimate from $120.4 million to $118.2 million, alongside a decrease in its share of network rewards and Bitcoin network participation, dropping from 0.73% to 0.69%. The company's operational challenges, highlighted by delays in deploying new mining hardware and scaling AI services, may further strain profitability and liquidity, which are already pressured by declining Bitcoin prices. Additionally, HIVE's mining output has diminished, with a marked decrease in Bitcoin mined from January to February, reflecting broader inefficiencies in management and execution that could hinder future growth.
This aggregate rating is based on analysts' research of Hive Blockchain Technologies Ltd and is not a guaranteed prediction by Public.com or investment advice.
HIVE Analyst Forecast & Price Prediction
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