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NASDAQ:HIVE

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

$2.93
-0.25 (-7.86%)
(As of 06/14/2024 ET)
Today's Range
$2.91
$3.21
50-Day Range
$2.27
$3.18
52-Week Range
$2.18
$6.84
Volume
3.79 million shs
Average Volume
2.66 million shs
Market Capitalization
$325.58 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.17

HIVE Digital Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
76.3% Upside
$5.17 Price Target
Short Interest
Healthy
3.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.70mentions of HIVE Digital Technologies in the last 14 days
Based on 4 Articles This Week
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.

1.66 out of 5 stars

Finance Sector

710th out of 878 stocks

Nondepository Credit Institutions Industry

31st out of 53 stocks

HIVE stock logo

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

HIVE Stock News Headlines

Solving SA’s paperless office myth
How to 3D-print a school in a war zone
7 Growth Stocks That Could Turn $10,000 Into $500,000
Bitcoin miner HIVE increases bitcoin holdings by 10%
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
6/16/2024
Next Earnings (Estimated)
7/04/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:HIVE
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
+76.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-236,420,000.00
Pretax Margin
-36.56%

Debt

Sales & Book Value

Annual Sales
$106.32 million
Book Value
$1.77 per share

Miscellaneous

Free Float
100,629,000
Market Cap
$325.58 million
Optionable
Optionable
Beta
3.48
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Key Executives

  • Mr. Frank Edward Holmes (Age 69)
    Executive Chairman
    Comp: $165.01k
  • 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

HIVE Stock Analysis - Frequently Asked Questions

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

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HIVE Digital Technologies in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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 Wall Street analysts have issued twelve-month price targets for HIVE Digital Technologies' stock. Their HIVE share price targets range from $3.50 to $6.00. On average, they expect the company's share price to reach $5.17 in the next year. This suggests a possible upside of 76.3% 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 on January 1st, 2024. Since then, HIVE shares have decreased by 35.3% and is now trading at $2.93.
View the best growth stocks for 2024 here
.

Are investors shorting HIVE Digital Technologies?

HIVE Digital Technologies saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 3,320,000 shares, a drop of 14.0% from the May 15th total of 3,860,000 shares. Based on an average trading volume of 2,430,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 3.2% of the company's shares are sold short.
View HIVE Digital Technologies' Short Interest
.

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 earnings results on Tuesday, February, 13th. The company reported ($0.08) earnings per share for the quarter, topping analysts' consensus estimates of ($0.23) by $0.15. The firm had revenue of $31.25 million for the quarter, compared to analyst estimates 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 ETFs hold HIVE Digital Technologies' stock?

ETFs with the largest weight of HIVE Digital Technologies (NASDAQ:HIVE) stock in their portfolio include VanEck Digital Transformation ETF (DAPP).iShares Blockchain and Tech ETF (IBLC).

Who are HIVE Digital Technologies' major shareholders?

HIVE Digital Technologies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Tidal Investments LLC (3.22%), MMCAP International Inc. SPC (3.10%), Van ECK Associates Corp (2.68%), Vident Advisory LLC (1.62%), Simplex Trading LLC (0.00%) and 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 6/16/2024 by MarketBeat.com Staff

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