HIVE Digital Technologies and ASX Receive Analyst Insights

Analysts at Roth MKM and H.C. Wainwright maintain a Buy rating on HIVE Digital Technologies with a price target of $6.00, while Jefferies analyst Simon Fitzgerald maintains a Hold rating on ASX with a price target of A$66.45. The analyst consensus for HIVE is Strong Buy with a $6.38 average price target, implying a 183.6% upside from current levels.

HIVE Digital Technologies Ltd. (TSXV:HIVE, NASDAQ:HIVE) has received a strong buy recommendation from analysts, with a significant price target indicating substantial upside potential. Analysts at Roth MKM and H.C. Wainwright have maintained their buy ratings on the company, with price targets of $6.00 and $6.00, respectively. Meanwhile, Jefferies analyst Simon Fitzgerald maintains a hold rating on ASX with a price target of A$66.45. The analyst consensus for HIVE is a strong buy, with an average price target of $6.38, implying an 183.6% upside from current levels [1].

HIVE Digital Technologies, a global leader in sustainable data center infrastructure, has recently reported impressive financial results. In the first quarter ended June 30, 2025, the company achieved record revenue of $45.6 million and adjusted EBITDA of $44.6 million, driven by a 45% sequential increase in average hashrate and strong performance in both Bitcoin mining and high-performance computing (HPC) operations [2].

The company's expansion efforts have also shown significant progress. HIVE Digital Technologies has surpassed key milestones in its global Bitcoin mining hashrate, reaching 15 EH/s and exceeding 14 EH/s, 13 EH/s, and 12 EH/s milestones in recent months [3, 4, 5]. These achievements have been supported by the successful deployment of the company's next-generation hydro-cooled Bitcoin mining infrastructure.

Despite the positive outlook, investors should remain cautious and consider the risks associated with the company's operations, including regulatory uncertainties and market volatility. The strong buy rating and significant price target indicate a bullish sentiment among analysts, but it is essential to conduct thorough due diligence before making investment decisions.

References:
[1] https://quantisnow.com/company/HIVE
[2] https://quantisnow.com/company/HIVE
[3] https://quantisnow.com/company/HIVE
[4] https://quantisnow.com/company/HIVE
[5] https://quantisnow.com/company/HIVE