
HIVE Stock Forecast & Price Target
HIVE Analyst Ratings
Bulls say
HIVE Digital Technologies Ltd has demonstrated strong financial performance, with BTC mining revenues increasing by 29% quarter-over-quarter to $26.7 million, driven by a 37% rise in average BTC prices. The company is set to significantly improve its HPC Non-GAAP gross margin from 20% to nearly 50% by the fourth quarter of 2026, which is anticipated to generate $11 million in adjusted EBITDA, highlighting its robust operational efficiencies. Furthermore, HIVE's forecasted revenue for the fiscal year 2026 has been raised to $375.8 million, alongside an increase in adjusted EBITDA estimates to $178.6 million, reflecting a positive growth trajectory in both its mining and HPC segments.
Bears say
The negative outlook for HIVE Digital Technologies is primarily driven by a downward revision of its revenue and adjusted EBITDA estimates for the fiscal year 2025, with a revenue projection lowered to $118.2 million, reflecting a slower than anticipated ramp in deployed hash rate. Additionally, HIVE's share of network rewards and overall Bitcoin network share have declined, decreasing mining profitability and contributing to liquidity strain, while mining output has also decreased in recent months. Operational challenges, including delays in deploying new mining hardware and technological upgrades, pose further risks to efficiency and operational costs, exacerbating an already precarious financial situation.
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
Start investing in HIVE
Order type
Buy in
Order amount
Est. shares
0 shares