
HIVE Stock Forecast & Price Target
HIVE Analyst Ratings
Bulls say
HIVE Digital Technologies Ltd has recently secured a $30 million two-year contract with Bell Canada, which is expected to raise its annual recurring revenue (ARR) target to $35 million and guide towards a combined GPU cloud and high-performance computing (HPC) ARR of $225 million by the end of 2026. The company’s expansion into Paraguay has significantly improved its mining profitability, suggesting that it can remain profitable even amidst declining Bitcoin prices, supported by improved hash costs and operational scale. Furthermore, HIVE's strong performance in the AI cloud segment, with revenue growth of approximately 30% quarter-over-quarter for the past five quarters, and strategic land acquisitions for expansion bolster the positive outlook for fiscal growth in 2027.
Bears say
HIVE Digital Technologies faces a negative outlook primarily due to a sharp decline in Bitcoin prices, which has resulted in reduced mining profitability and strained liquidity. The company's revenue, heavily reliant on Bermuda, could be further impacted by potential regulations that may restrict or ban cryptocurrency usage, leading to diminished demand and a potential loss of asset value. Additionally, increased competition and the upcoming Bitcoin halving are anticipated to further pressure margins and profitability, exacerbating the challenges faced in the current market environment.
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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