HIVE Digital Technologies Ltd [NASDAQ: HIVE] stock went on an upward path that rose over 0.56% on Friday, amounting to a one-week price increase of more than 5.88%.
Over the last 12 months, HIVE stock dropped by -36.84%. The one-year HIVE Digital Technologies Ltd stock forecast points to a potential downside of -195579168.29. The average equity rating for HIVE stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $324.56 million, with 180.31 million shares outstanding and 179.53 million shares in the current float. Compared to the average trading volume of 12.83M shares, HIVE stock reached a trading volume of 28360069 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on HIVE Digital Technologies Ltd [HIVE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HIVE shares is $6.56 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HIVE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Rosenblatt have made an estimate for HIVE Digital Technologies Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 07, 2025. While these analysts kept the previous recommendation, Keefe Bruyette raised their target price to Outperform. The new note on the price target was released on January 08, 2025, representing the official price target for HIVE Digital Technologies Ltd stock. Previously, the target price had yet another raise to $7.50, while ROTH MKM analysts kept a Buy rating on HIVE stock.
The Price to Book ratio for the last quarter was 0.66, with the Price to Cash per share for the same quarter was set at 1.27.
HIVE Stock Performance Analysis:
HIVE Digital Technologies Ltd [HIVE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.88. With this latest performance, HIVE shares dropped by -4.76% in over the last four-week period, additionally sinking by -39.39% over the last 6 months – not to mention a drop of -36.84% in the past year of trading.
Insight into HIVE Digital Technologies Ltd Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and HIVE Digital Technologies Ltd [HIVE] shares currently have an operating margin of -57.12% and a Gross Margin at -34.07%. HIVE Digital Technologies Ltd’s Net Margin is presently recorded at -48.65%.
Return on Equity for this stock declined to -13.37%, with Return on Assets sitting at -13.37%.
HIVE Digital Technologies Ltd [HIVE] Institutonal Ownership Details
There are presently around $16.37%, or 16.42% of HIVE stock, in the hands of institutional investors. The top three institutional holders of HIVE stocks are: TOROSO INVESTMENTS, LLC with ownership of 4.28 million shares, which is approximately 3.8631%. VAN ECK ASSOCIATES CORP, holding 3.89 million shares of the stock with an approximate value of $$11.99 million in HIVE stocks shares; and VAN ECK ASSOCIATES CORP, currently with $$9.62 million in HIVE stock with ownership which is approximately 2.8214%.
