Brokerages Set HIVE Digital Technologies Ltd. (NASDAQ:HIVE) Price Target at $6.17

Shares of HIVE Digital Technologies Ltd. (NASDAQ:HIVE) have received a consensus rating of “Moderate Buy” from the nine ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $6.1667.

A number of brokerages have commented on HIVE. Weiss Ratings reiterated a “sell (d+)” rating on shares of HIVE Digital Technologies in a report on Wednesday, January 28th. B. Riley Financial reduced their price objective on shares of HIVE Digital Technologies from $7.00 to $6.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Cantor Fitzgerald decreased their target price on shares of HIVE Digital Technologies from $5.00 to $3.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Northland Securities set a $6.00 target price on shares of HIVE Digital Technologies in a research note on Wednesday, February 18th. Finally, Rosenblatt Securities cut their price target on HIVE Digital Technologies from $6.50 to $4.50 and set a “buy” rating for the company in a report on Wednesday, February 18th.

Hedge Funds Weigh In On HIVE Digital Technologies

Several institutional investors have recently added to or reduced their stakes in HIVE. NewEdge Advisors LLC grew its holdings in HIVE Digital Technologies by 1,885.8% in the 4th quarter. NewEdge Advisors LLC now owns 9,929 shares of the company’s stock valued at $26,000 after buying an additional 9,429 shares during the period. Ground Swell Capital LLC purchased a new position in shares of HIVE Digital Technologies during the 4th quarter worth about $27,000. Rafferty Asset Management LLC purchased a new position in shares of HIVE Digital Technologies during the 4th quarter worth about $28,000. State of Wyoming acquired a new stake in shares of HIVE Digital Technologies in the fourth quarter worth approximately $28,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of HIVE Digital Technologies by 98.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 13,996 shares of the company’s stock worth $36,000 after acquiring an additional 6,956 shares during the last quarter. 24.42% of the stock is currently owned by institutional investors and hedge funds.

Key HIVE Digital Technologies News

Here are the key news stories impacting HIVE Digital Technologies this week:

• Positive Sentiment: Company is explicitly using proceeds for growth — GPUs, data‑centres and subsidiary investments could expand mining/AI capacity and future revenue potential. HIVE Digital prices $100M zero-coupon exchangeable notes
• Positive Sentiment: Analyst consensus is constructive — brokerages give a “Moderate Buy” consensus, which may support buying interest amid the financing news. Consensus Recommendation: Moderate Buy
• Neutral Sentiment: Company has priced an upsized $100M zero‑coupon exchangeable senior‑note offering due 2031 (previously announced as $75M); zero coupon reduces near‑term cash outflow but has other implications. Upsizing and Pricing Announcement
• Neutral Sentiment: Coverage and strategy pieces highlight HIVE’s geographic moves (e.g., Paraguay) and its push into new AI-related GPU capacity — strategically meaningful but timing and returns remain uncertain. Paraguay and AI geography
• Negative Sentiment: Market reacted sharply when the $75M AI/capacity investment was announced — reports show an ~11.5% intraday plunge tied to concerns about dilution and the financing structure. That investor concern remains a headwind for the stock. Stock Plunges After $75M AI Investment Announcement
• Negative Sentiment: Exchangeable notes can convert into cash and/or equity under certain conditions — potential future dilution or cash payout obligations are key investor concerns and likely drove selling pressure when the financing details emerged. Why Hive Slumped

HIVE Digital Technologies Price Performance

HIVE Digital Technologies stock opened at $2.51 on Friday. HIVE Digital Technologies has a fifty-two week low of $1.45 and a fifty-two week high of $7.84. The firm has a market capitalization of $653.96 million, a price-to-earnings ratio of -4.18 and a beta of 3.56. The stock’s fifty day moving average is $2.13 and its two-hundred day moving average is $3.23. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.74 and a current ratio of 1.74.

HIVE Digital Technologies Company Profile

HIVE Digital Technologies Ltd is a publicly traded blockchain infrastructure company that specializes in the mining of digital assets such as Bitcoin and Ethereum. Using high-performance GPU and ASIC hardware, HIVE deploys proprietary mining rigs across multiple data centers to validate transactions on major blockchain networks. The company’s operations are designed to maximize hashing power while maintaining efficiency and uptime, enabling it to build and hold a portfolio of mined cryptocurrencies.

Headquartered in Vancouver, British Columbia, HIVE Digital operates data center facilities in North America and Europe, including Canada, Sweden and Iceland.