HIVE Blockchain Technologies Ltd. (HIVE)
NASDAQ: HIVE · IEX Real-Time Price · USD
2.660
-0.015 (-0.56%)
At close: Apr 16, 2024, 4:00 PM
2.750
+0.090 (3.38%)
After-hours: Apr 16, 2024, 6:22 PM EDT

HIVE Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for HIVE stock have an average target of 4.75, with a low estimate of 3.50 and a high estimate of 6.00. The average target predicts an increase of 78.57% from the current stock price of 2.66.

Analyst Consensus: Buy
Target Low Average Median High
Price $3.50 $4.75 $6.00 $6.00
Change +31.58% +78.57% +125.56% +125.56%

Analyst Ratings

The average analyst rating for HIVE stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 222111
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 333222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Canaccord Genuity
Canaccord Genuity
Strong Buy
Reiterates
$6
Strong Buy Reiterates $6 +125.56% Mar 28, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Reiterates
$6
Strong Buy Reiterates $6 +125.56% Feb 19, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Hold
Reiterates
$3.5
Hold Reiterates $3.5 +31.58% Feb 14, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Hold
Downgrades
$7$3.5
Hold Downgrades $7$3.5 +31.58% Nov 20, 2023
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$7$6
Strong Buy Maintains $7$6 +125.56% Nov 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
113.29M
from 106.32M
Increased by 6.56%
Revenue Next Year
121.56M
from 113.29M
Increased by 7.30%
EPS This Year
-0.59
from -2.85
EPS Next Year
-0.63
from -0.59
Year 201920202021202220232024
Revenue
29.22M67.69M211.18M106.32M113.29M121.56M
Revenue Growth
-131.67%211.97%-49.66%6.56%7.30%
EPS
-0.050.330.94-2.85-0.59-0.63
EPS Growth
--184.85%---
No. Analysts ----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024
High 126.3M 156.6M
Avg 113.3M 121.6M
Low 105.0M 95.1M

Revenue Growth

Revenue Growth 20232024
High
18.8%
38.2%
Avg
6.6%
7.3%
Low
-1.3%
-16.1%

EPS Forecast

EPS 20232024
High -0.43 -0.23
Avg -0.59 -0.63
Low -0.71 -0.89

EPS Growth

EPS Growth 20232024
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.