HIVE Blockchain Technologies Ltd. (HIVE)
NASDAQ: HIVE · IEX Real-Time Price · USD
3.050
-0.020 (-0.65%)
At close: Apr 26, 2024, 4:00 PM
3.070
+0.020 (0.66%)
After-hours: Apr 26, 2024, 4:14 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 55.74% from the current stock price of 3.05.
Analyst Consensus: Buy
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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| 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 | 3 | 3 | 3 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +96.72% | Mar 28, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +96.72% | Feb 19, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold Reiterates $3.5 | Hold | Reiterates | $3.5 | +14.75% | Feb 14, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy → Hold Downgrades $7 → $3.5 | Strong Buy → Hold | Downgrades | $7 → $3.5 | +14.75% | Nov 20, 2023 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $7 → $6 | Strong Buy | Maintains | $7 → $6 | +96.72% | Nov 15, 2023 |
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
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 126.3M | 156.6M |
| Avg | 113.3M | 121.6M |
| Low | 105.0M | 95.1M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | 18.8% | 38.2% |
| Avg | 6.6% | 7.3% |
| Low | -1.3% | -16.1% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | -0.43 | -0.23 |
| Avg | -0.59 | -0.63 |
| Low | -0.71 | -0.89 |
EPS Growth
| EPS Growth | 2023 | 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.