
HIVE Stock Forecast & Price Target
HIVE Analyst Ratings
Bulls say
HIVE Digital Technologies Ltd has revised its FY27 revenue and Adjusted EBITDA estimates upward to $504 million and $189 million, respectively, driven by higher gross margin assumptions resulting from improved mining operations and strategic expansions. The company's initiatives, particularly its operations in Paraguay, have successfully lowered the cost per coin and enhanced profitability, evidenced by a gross margin of 49% in the most recent quarter. Furthermore, the effective execution of HIVE's acquisition strategy and the introduction of next-generation ASICs positions the company for continued growth and margin improvement as it scales its operations.
Bears say
HIVE Digital Technologies faces significant challenges due to a sharp decline in mining profitability, which negatively impacts liquidity and hinders expansion plans. The potential for regulatory restrictions on cryptocurrencies introduces additional risks by diminishing demand and possible value loss, further affecting mining revenue and profitability. Additionally, an adjusted EBITDA of $34.6 million fell short of projections, indicating underperformance, while heightened competition and fluctuations in digital currency prices may threaten operational margins and long-term financial stability.
This aggregate rating is based on analysts' research of Hive Blockchain Technologies Ltd and is not a guaranteed prediction by Public.com or investment advice.
HIVE Analyst Forecast & Price Prediction
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