
HIVE Stock Forecast & Price Target
HIVE Analyst Ratings
Bulls say
HIVE Digital Technologies Ltd has revised its fiscal year 2027 revenue and Adjusted EBITDA estimates to $504 million and $189 million, respectively, reflecting a significant increase in gross margin assumptions. The company's aggressive expansion into Paraguay has successfully reduced the cost per coin to $56.2k, contributing to a notable gross profit of $42.4 million and achieved a gross margin of 49% in the third quarter. The strategic acquisition of Bitfarms' development sites in Paraguay, now operational with advanced ASICs, reinforces HIVE's growth potential in both mining profitability and its upcoming ventures in the AI cloud sector.
Bears say
HIVE Digital Technologies is facing a negative outlook primarily due to a substantial decline in mining profitability, which has adversely affected liquidity and expansion plans. Heightened competition in the cryptocurrency space, exacerbated by fluctuating digital currency prices and potential regulatory restrictions, further pressures profit margins and could diminish overall mining revenue. Additionally, the company's adjusted EBITDA of $34.6 million fell short of expectations, necessitating a downward revision of future estimates, highlighting the potential challenges ahead.
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