NASDAQ:HIVE

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

$3.05
+0.11 (+3.74%)
(As of 11:16 AM ET)
Today's Range
$2.90
$3.08
50-Day Range
$2.60
$4.46
52-Week Range
$2.54
$6.84
Volume
1.09 million shs
Average Volume
3.00 million shs
Market Capitalization
$326.44 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
71.7% Upside
$5.17 Price Target
Short Interest
Healthy
5.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions 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.

1.19 out of 5 stars

Finance Sector

755th out of 838 stocks

Nondepository Credit Institutions Industry

39th out of 48 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

Beyond the Halving: The Future of Bitcoin Mining Stocks
Bitcoin (BTC) is the pioneering cryptocurrency that has revolutionized the fintech sector since its inception in 2009. Underpinning this digital currency is a decentralized ledger known as the blockchain, which records all transactions and ensures the system's integrity.
Beyond the Halving: The Future of Bitcoin Mining Stocks (HIVE)
The Bitcoin halving event presents challenges and opportunities for mining companies, necessitating adaptation and innovation to thrive in the evolving sector.
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
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%
3 Blockchain Stocks That'll Print You Money This Cycle
Bitcoin miner HIVE Digital Technologies on rating increase - ICYMI
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/23/2024
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
+75.7%
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
N/A
Market Cap
$314.67 million
Optionable
Optionable
Beta
3.51
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Key Executives

  • Mr. Frank Edward Holmes (Age 69)
    Executive Chairman
    Comp: $163.7k
  • 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 year. 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 brokers have issued 12 month price targets for HIVE Digital Technologies' stock. Their HIVE share price targets range from $3.50 to $6.00. On average, they predict the company's stock price to reach $5.17 in the next year. This suggests a possible upside of 71.7% 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 beginning of the year. Since then, HIVE shares have decreased by 33.6% and is now trading at $3.01.
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) issued its quarterly earnings data on Tuesday, February, 13th. The company reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.23) by $0.15. The business earned $31.25 million during the quarter, compared to analysts' expectations 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 a variety of 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 4/23/2024 by MarketBeat.com Staff

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