HIVE Digital Technologies Ltd. (HIVE)
NASDAQ: HIVE · Real-Time Price · USD
4.090
+0.090 (2.25%)
At close: Nov 22, 2024, 4:00 PM
4.120
+0.030 (0.73%)
After-hours: Nov 22, 2024, 7:57 PM EST
HIVE Digital Technologies Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for HIVE stock have an average target of 7.40, with a low estimate of 6.00 and a high estimate of 9.00. The average target predicts an increase of 80.93% from the current stock price of 4.09.
Analyst Consensus: Strong Buy
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 |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $9 | Buy | Reiterates | $9 | +120.05% | Nov 19, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +71.15% | Nov 14, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $5 → $8 | Strong Buy | Maintains | $5 → $8 | +95.60% | Nov 14, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $5.5 → $7 | Buy | Maintains | $5.5 → $7 | +71.15% | Nov 14, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $9 | Buy | Initiates | $9 | +120.05% | Oct 29, 2024 |
Financial Forecast
Revenue This Year
112.42M
from 114.47M
Decreased by -1.79%
Revenue Next Year
n/a
from 112.42M
EPS This Year
-0.27
from -0.57
EPS Next Year
n/a
from -0.27
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.