
HIVE Stock Forecast & Price Target
HIVE Analyst Ratings
Bulls say
HIVE Digital Technologies has increased its FY27 revenue and Adjusted EBITDA estimates to $504 million and $189 million respectively, reflecting improved gross margin assumptions primarily due to the successful execution of its Paraguay operations. The company's mining revenue surpassed expectations at $82 million, contributing to a reduced cost per coin of $56.2k, thus enhancing overall profitability and achieving a gross margin of 49% in the third quarter. The strategic acquisition of Bitfarms' development in Paraguay has not only facilitated rapid operational scaling but also positioned HIVE favorably for continued gross margin improvement heading into fiscal 2027.
Bears say
HIVE Digital Technologies faces significant challenges, including a sharp decline in mining profitability, which strains liquidity and pressures expansion plans, primarily due to regulatory risks and the potential loss of value in cryptocurrencies. The company reported an Adjusted EBITDA of $34.6 million, which fell short of the $43.4 million estimate, leading to a downward revision of the 3Q26 adjusted EBITDA estimate to $29.1 million amid heightened competition and diminishing margins. Additionally, fluctuations in cryptocurrency prices and the pressure from Bitcoin halving are poised to further jeopardize profitability, leaving the company's financial outlook precarious.
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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