HIVE Blockchain Technologies Ltd. (HIVE)
NASDAQ: HIVE · IEX Real-Time Price · USD
4.150
+0.490 (13.39%)
At close: Jul 19, 2024, 4:00 PM
4.200
+0.050 (1.20%)
Pre-market: Jul 22, 2024, 7:49 AM EDT
HIVE Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for HIVE stock have an average target of 5.17, with a low estimate of 3.50 and a high estimate of 6.00. The average target predicts an increase of 24.58% from the current stock price of 4.15.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for HIVE stock from 3 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +44.58% | Jul 19, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $6 | Strong Buy | Maintains | $6 | +44.58% | Jun 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates $3.5 | Hold | Reiterates | $3.5 | -15.66% | Jun 26, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +44.58% | Mar 28, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +44.58% | Feb 19, 2024 |
Financial Forecast
Revenue This Year
121.56M
from 114.47M
Increased by 6.20%
Revenue Next Year
n/a
from 121.56M
EPS This Year
-0.63
from -0.57
EPS Next Year
n/a
from -0.63
Revenue Forecast
| Revenue | 2024 |
|---|---|
| High | 156.6M |
| Avg | 121.6M |
| Low | 95.1M |
Revenue Growth
| Revenue Growth | 2024 |
|---|---|
| High | 36.8% |
| Avg | 6.2% |
| Low | -17.0% |
EPS Forecast
| EPS | 2024 |
|---|---|
| High | -0.23 |
| Avg | -0.63 |
| Low | -0.89 |
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.