
HIVE Stock Forecast & Price Target
HIVE Analyst Ratings
Bulls say
HIVE Digital Technologies Ltd demonstrated a robust financial performance with BTC mining revenues of $26.7M, reflecting a 29% quarter-over-quarter increase driven by a 37% rise in average BTC prices. The company is expected to significantly improve its HPC Non-GAAP gross margin to nearly 50% by 4Q26, potentially generating $11M in Adjusted EBITDA, while HPC revenues also rose by 35% to $2.5M in the latest quarter. Moreover, overall revenue and adjusted EBITDA estimates for FY2026 have been revised upwards to $375.8M and $178.6M, respectively, highlighting a strong growth trajectory and improved profitability.
Bears say
HIVE Digital Technologies has reduced its fiscal 2025 revenue estimate from $120.4 million to $118.2 million due to a slower than expected increase in its deployed hash rate, which has led to a decline in its share of Bitcoin network rewards from 0.73% to 0.69%. The company's mining profitability has been negatively impacted by these factors, resulting in increased liquidity strain and pressures on its expansion plans. Additionally, operational execution risks related to delays in deploying new mining hardware and maintaining competitive efficiency contribute to a pessimistic outlook on the company's financial health.
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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