Should I buy or sell HIVE Digital Technologies stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HIVE Digital Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HIVE shares. View HIVE analyst ratings or view top-rated stocks .

What is HIVE Digital Technologies' stock price target for 2024?

3 equities research analysts have issued 1 year price objectives for HIVE Digital Technologies' shares. Their HIVE share price targets range from $3.50 to $6.00. On average, they expect the company's stock price to reach $5.17 in the next year. This suggests a possible upside of 98.7% from the stock's current price. View analysts price targets for HIVE or view top-rated stocks among Wall Street analysts .

How have HIVE shares performed in 2024?

HIVE Digital Technologies' stock was trading at $4.53 at the start of the year. Since then, HIVE shares have decreased by 42.6% and is now trading at $2.60. View the best growth stocks for 2024 here .

When is HIVE Digital Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024. View our HIVE earnings forecast .

How were HIVE Digital Technologies' earnings last quarter?

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) released its quarterly earnings data on Tuesday, February, 13th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.15. The company earned $31.25 million during the quarter, compared to the consensus estimate of $27.20 million. HIVE Digital Technologies had a negative trailing twelve-month return on equity of 34.90% and a negative net margin of 57.15%.

What ETF holds HIVE Digital Technologies' stock?

iShares Blockchain and Tech ETF holds 155,649 shares of HIVE stock, representing 2.62% of its portfolio.

Who are HIVE Digital Technologies' major shareholders?

HIVE Digital Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Sloy Dahl & Holst LLC (0.01%).

How do I buy shares of HIVE Digital Technologies?

Shares of HIVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:HIVE

HIVE Digital Technologies (HIVE) Stock Price, News & Analysis

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Free HIVE Stock Alerts

$2.60

0.00 (0.00%)

(As of 09:40 AM ET)

Compare

Today's Range: $2.58
▼
$2.64
50-Day Range: $2.60
▼
$4.46
52-Week Range: $2.54
▼
$6.84

Volume: 146,660 shs
Average Volume: 3.01 million shs
Market Capitalization: $278.28 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.17

Get HIVE Digital Technologies alerts:

HIVE Digital Technologies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 98.7% Upside
$5.17 Price Target
Short Interest: Healthy
5.80% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.51) to ($0.56) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.26 out of 5 stars

Finance Sector

751st out of 847 stocks

Nondepository Credit Institutions Industry

35th out of 46 stocks

3.3

Analyst's Opinion

Consensus Rating
HIVE Digital Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
HIVE Digital Technologies has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.80% of the float of HIVE Digital Technologies has been sold short.
Short Interest Ratio / Days to Cover
HIVE Digital Technologies has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in HIVE Digital Technologies has recently decreased by 0.66%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
HIVE Digital Technologies does not currently pay a dividend.
Dividend Growth
HIVE Digital Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HIVE.

2.9

News and Social Media Coverage

News Sentiment
HIVE Digital Technologies has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for HIVE Digital Technologies this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for HIVE on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
MarketBeat Follows
12 people have added HIVE Digital Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HIVE Digital Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.44% of the stock of HIVE Digital Technologies is held by insiders.
Percentage Held by Institutions
Only 24.42% of the stock of HIVE Digital Technologies is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for HIVE Digital Technologies are expected to decrease in the coming year, from ($0.51) to ($0.56) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HIVE Digital Technologies is -4.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of HIVE Digital Technologies is -4.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
HIVE Digital Technologies has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About HIVE Digital Technologies Stock (NASDAQ:HIVE)

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd. and changed its name to HIVE Digital Technologies Ltd. in July 2023. HIVE Digital Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.

HIVE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HIVE Stock News Headlines

April 17, 2024 | finance.yahoo.com

Election Year Encore: Can 2020’s Top 7 Stock Winners Repeat Their Performance in 2024?

April 9, 2024 | investorplace.com

Election Year Encore: Can 2020's Top 7 Stock Winners Repeat Their Performance in 2024?

April 19, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

April 9, 2024 | msn.com

Three County Leitrim finalists announced in .ie Digital Town Awards 2024

April 8, 2024 | finance.yahoo.com

Hive Digital Technologies sees uptick in Bitcoin and HODL growth in March moving to 2,287 bitcoins

April 5, 2024 | proactiveinvestors.com

HIVE Digital Technologies grows Bitcoin count to 2,287 in March ahead of halving event

April 4, 2024 | proactiveinvestors.com

Bitcoin miner HIVE heads to Paris and London for major industry events

April 2, 2024 | msn.com

Solving SA’s paperless office myth

April 19, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

March 28, 2024 | msn.com

How to Survive Your First Year in Business

March 28, 2024 | investorplace.com

How to Turn $50,000 into $1 Million With These 3 Top Stocks

March 26, 2024 | msn.com

How to 3D-print a school in a war zone

March 23, 2024 | investorplace.com

From Six Figures to Seven: 3 Penny Stocks Set to Make Millionaires

March 15, 2024 | investorplace.com

7 Penny Stocks That Can Make You a Millionaire in One Year

March 12, 2024 | proactiveinvestors.com

HIVE Digital Technologies ready for Bitcoin halving next month

March 11, 2024 | investorplace.com

7 Growth Stocks That Could Turn $10,000 Into $500,000

March 7, 2024 | investorplace.com

7 Penny Stocks That Can Turn Your $5 Into $500 Overnight

March 6, 2024 | proactiveinvestors.com

Bitcoin miner HIVE increases bitcoin holdings by 10%

March 5, 2024 | investorplace.com

3 High-Risk Stocks That Could Pay Off in the Millions

March 4, 2024 | msn.com

MDA (TSE:MDA) Gains, HIVE Dives as Canadian Tech Rolls On

March 1, 2024 | proactiveinvestors.com

HIVE Digital ranked top technology company in 2024 TSX Venture 50

February 28, 2024 | forbes.com

Digital Digits: AI+Robotics+Energy Converge, Reshaping Our World

February 27, 2024 | investorplace.com

3 Blockchain Stocks That'll Print You Money This Cycle

February 24, 2024 | proactiveinvestors.com

Bitcoin miner HIVE Digital Technologies on rating increase - ICYMI

February 24, 2024 | ca.finance.yahoo.com

HIVE Mar 2024 3.500 call

February 23, 2024 | proactiveinvestors.com

Beyond the Bitcoin Halving: HIVE Digital Technologies braces for impact

February 22, 2024 | proactiveinvestors.com

HIVE Digital Technologies adds 1,000 ASICs to bitcoin mining fleet

See More Headlines

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Company Calendar

Last Earnings: 2/13/2024
Today: 4/19/2024
Next Earnings (Estimated): 7/04/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Nondepository credit institutions
Sub-Industry: N/A
Current Symbol: NASDAQ:HIVE
CUSIP: N/A
CIK: 1720424
Web: www.hiveblockchain.com
Phone: 604-664-1078
Fax: N/A
Employees: 18
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.17
High Stock Price Target: $6.00
Low Stock Price Target: $3.50
Potential Upside/Downside: +98.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.64)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-236,420,000.00
Net Margins: -57.15%
Pretax Margin: -36.56%
Return on Equity: -34.90%
Return on Assets: -26.36%

Debt

Debt-to-Equity Ratio: 0.11
Current Ratio: 3.51
Quick Ratio: 3.51

Sales & Book Value

Annual Sales: $106.32 million
Price / Sales: 2.62
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.77 per share
Price / Book: 1.47

Miscellaneous

Outstanding Shares: 107,030,000
Free Float: 96,925,000
Market Cap: $278.28 million
Optionable: Optionable
Beta: 3.50

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Key Executives

Mr. Frank Edward Holmes (Age 69)
Executive Chairman
Comp: $166.34k
Mr. Aydin Kilic
President & CEO
Mr. Darcy Daubaras
Chief Financial Officer
Mr. William Gray
Chief Technology Officer
Mr. Gabriel Ibghy
General Counsel
Ms. Johanna Thornblad
Country President of Sweden
Mr. Luke Rossy
Chief Operating Officer
Mario Sergi
Chief Information Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HIVE Stock Analysis - Frequently Asked Questions

Should I buy or sell HIVE Digital Technologies stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HIVE Digital Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HIVE shares.
View HIVE analyst ratings or view top-rated stocks.
What is HIVE Digital Technologies' stock price target for 2024?: 3 equities research analysts have issued 1 year price objectives for HIVE Digital Technologies' shares. Their HIVE share price targets range from $3.50 to $6.00. On average, they expect the company's stock price to reach $5.17 in the next year. This suggests a possible upside of 98.7% from the stock's current price.
View analysts price targets for HIVE or view top-rated stocks among Wall Street analysts.
How have HIVE shares performed in 2024?: HIVE Digital Technologies' stock was trading at $4.53 at the start of the year. Since then, HIVE shares have decreased by 42.6% and is now trading at $2.60.
View the best growth stocks for 2024 here.
When is HIVE Digital Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024.
View our HIVE earnings forecast.

How were HIVE Digital Technologies' earnings last quarter?: HIVE Digital Technologies Ltd. (NASDAQ:HIVE) released its quarterly earnings data on Tuesday, February, 13th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.15. The company earned $31.25 million during the quarter, compared to the consensus estimate of $27.20 million. HIVE Digital Technologies had a negative trailing twelve-month return on equity of 34.90% and a negative net margin of 57.15%.
What ETF holds HIVE Digital Technologies' stock?: iShares Blockchain and Tech ETF holds 155,649 shares of HIVE stock, representing 2.62% of its portfolio.
Who are HIVE Digital Technologies' major shareholders?: HIVE Digital Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Sloy Dahl & Holst LLC (0.01%).
How do I buy shares of HIVE Digital Technologies?: Shares of HIVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HIVE) was last updated on 4/19/2024 by MarketBeat.com Staff

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HIVE Digital Technologies (HIVE) Stock Price, News & Analysis

HIVE Digital Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About HIVE Digital Technologies Stock (NASDAQ:HIVE)

HIVE Stock Price History

HIVE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

HIVE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™