HIVE Digital Technologies Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for HIVE stock have an average target of 6.30, with a low estimate of 5.00 and a high estimate of 9.00. The average target predicts an increase of 20.23% from the current stock price of 5.24.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$6.30	$6.00	$9.00
Change	-4.58%	+20.23%	+14.50%	+71.76%

Analyst Ratings

The average analyst rating for HIVE stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	2	3	3	3	3
Buy	0	0	0	1	2	2
Hold	1	1	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	3	3	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brett Knoblauch Cantor Fitzgerald	Cantor Fitzgerald	Buy Initiates $9	Buy	Initiates	$9	+71.76%	Oct 29, 2024
Mike Grondahl Northland Capital Markets	Northland Capital Markets	Buy Initiates $5.5	Buy	Initiates	$5.5	+4.96%	Sep 19, 2024
Joseph Vafi Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $6	Strong Buy	Maintains	$6	+14.50%	Aug 21, 2024
Mike Colonnese HC Wainwright & Co.	HC Wainwright & Co.	Hold → Strong Buy Upgrades $4 → $5	Hold → Strong Buy	Upgrades	$4 → $5	-4.58%	Aug 15, 2024
Mike Colonnese HC Wainwright & Co.	HC Wainwright & Co.	Hold Maintains $3.5 → $4	Hold	Maintains	$3.5 → $4	-23.66%	Jul 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

112.42M

from 114.47M

-1.79%

from 114.47M

Revenue Next Year

n/a

from 112.42M

EPS This Year

-0.27

from -0.57

EPS Next Year

n/a

from -0.27

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025
Revenue	29.22M	67.69M	211.18M	106.32M	114.47M	112.42M
Revenue Growth	-8.18%	131.67%	211.97%	-49.66%	7.66%	-1.79%
EPS	-0.05	0.33	0.94	-2.85	-0.57	-0.27
EPS Growth	-	-	184.85%	-	-	-
Forward PE	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024
High	119.1M
Avg	112.4M
Low	107.0M

Revenue Growth

Revenue Growth	2024
High	4.0%
Avg	-1.8%
Low	-6.5%

EPS Forecast

EPS	2024
High	-0.25
Avg	-0.27
Low	-0.29

EPS Growth

EPS Growth	2024
High	-
Avg	-
Low	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.