Analysts have provided mixed ratings for HIVE Digital Technologies, with 4 analysts recommending a bullish stance and 1 somewhat bullish. The average 12-month price target is $7.1, with a high estimate of $10 and a low estimate of $5. Analysts have raised their price targets, with Joseph Vafi of Canaccord Genuity raising his target to $10 and Brett Knoblauch of Cantor Fitzgerald raising his target to $5.50.
Title: Mixed Analyst Ratings for HIVE Digital Technologies
July 2, 2025
Analysts have provided a mixed set of ratings for HIVE Digital Technologies, with 4 analysts recommending a bullish stance and 1 somewhat bullish. The average 12-month price target is $7.1, with a high estimate of $10 and a low estimate of $5. Analysts have raised their price targets, with Joseph Vafi of Canaccord Genuity raising his target to $10 and Brett Knoblauch of Cantor Fitzgerald raising his target to $5.50.
Recent analyst actions have reflected a range of sentiments towards HIVE Digital Technologies. Over the past three months, analysts have issued varying ratings, with bullish and somewhat bullish ratings dominating the landscape. The most recent 30-day period shows a single bullish rating, while the preceding months have seen a mix of ratings, including zero somewhat bullish and somewhat bearish ratings.
Analysts have also adjusted their price targets, indicating their expectations for the future value of HIVE's stock. Joseph Vafi of Canaccord Genuity recently raised his target to $10, while Brett Knoblauch of Cantor Fitzgerald increased his target to $5.50. These adjustments reflect a positive outlook on the company's prospects.
HIVE Digital Technologies, a provider of infrastructure solutions in the blockchain industry, has shown strong financial performance. The company's market capitalization is above the industry average, reflecting significant confidence in the market. Revenue growth in the past three months was approximately 41.47%, indicating a notable increase in top-line earnings. Additionally, the company's net margin of 76.77% and ROE of 6.94% highlight its exceptional financial performance.
Investors should stay informed about these analyst ratings and financial insights to make data-driven decisions. Keeping track of analyst actions and their corresponding price targets can provide valuable insights into the market's perception of HIVE Digital Technologies.
References:
[1] https://www.benzinga.com/insights/analyst-ratings/25/08/47234935/what-5-analyst-ratings-have-to-say-about-hive-digital-technologies
[2] https://quantisnow.com/company/HIVE
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