Brokerages Set HIVE Digital Technologies Ltd. (NASDAQ:HIVE) Price Target at $6.95

Posted by Francis Steltz on Aug 27th, 2026

HIVE Digital Technologies Ltd. (NASDAQ:HIVE – Get Free Report) has been assigned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $6.95.

A number of brokerages have recently commented on HIVE. Rosenblatt Securities increased their price target on HIVE Digital Technologies from $5.50 to $6.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Canaccord Genuity Group restated a “buy” rating and set a $10.00 price objective on shares of HIVE Digital Technologies in a research report on Tuesday, August 18th. Chardan Capital reaffirmed a “buy” rating and issued a $7.50 target price on shares of HIVE Digital Technologies in a report on Monday, August 17th. Keefe, Bruyette & Woods upped their target price on HIVE Digital Technologies from $3.00 to $5.00 and gave the stock a “market perform” rating in a report on Friday, June 5th. Finally, Wall Street Zen downgraded HIVE Digital Technologies from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 12th.

Read Our Latest Stock Analysis on HIVE

HIVE Digital Technologies Price Performance

HIVE stock opened at $2.87 on Thursday. The stock has a market cap of $787.18 million, a price-to-earnings ratio of -2.22 and a beta of 3.78. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.96 and a quick ratio of 1.96. The company has a 50 day simple moving average of $3.20 and a 200 day simple moving average of $2.88. HIVE Digital Technologies has a 1 year low of $1.73 and a 1 year high of $7.84.

HIVE Digital Technologies (NASDAQ:HIVE – Get Free Report) last issued its earnings results on Friday, August 14th. The company reported ($0.54) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.33). The company had revenue of $79.12 million during the quarter, compared to analyst estimates of $81.72 million. HIVE Digital Technologies had a negative net margin of 98.49% and a negative return on equity of 31.98%. During the same quarter in the prior year, the business earned $0.18 EPS. Research analysts anticipate that HIVE Digital Technologies will post -0.61 EPS for the current fiscal year.

Insider Transactions at HIVE Digital Technologies

In other news, Director Susan B. Mcgee sold 125,000 shares of the company’s stock in a transaction that occurred on Friday, June 19th. The stock was sold at an average price of $4.25, for a total value of $531,250.00. Following the completion of the transaction, the director owned 125,000 shares of the company’s stock, valued at $531,250. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Luke Rossy sold 215,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $3.97, for a total transaction of $853,550.00. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 781,700 shares of company stock worth $3,209,876. Insiders own 9.44% of the company’s stock.

Hedge Funds Weigh In On HIVE Digital Technologies

Large investors have recently modified their holdings of the business. Situational Awareness LP lifted its holdings in shares of HIVE Digital Technologies by 169.3% during the second quarter. Situational Awareness LP now owns 9,133,726 shares of the company’s stock worth $33,247,000 after purchasing an additional 5,742,179 shares during the period. TD Waterhouse Canada Inc. grew its stake in shares of HIVE Digital Technologies by 35.9% in the second quarter. TD Waterhouse Canada Inc. now owns 18,476 shares of the company’s stock worth $64,000 after purchasing an additional 4,877 shares during the last quarter. BTG Pactual Asset Management US LLC acquired a new stake in HIVE Digital Technologies in the second quarter valued at $2,730,000. Headlands Technologies LLC increased its holdings in HIVE Digital Technologies by 12.7% in the second quarter. Headlands Technologies LLC now owns 273,640 shares of the company’s stock valued at $996,000 after purchasing an additional 30,916 shares during the period. Finally, Verity Asset Management Inc. bought a new position in HIVE Digital Technologies during the 2nd quarter worth $44,000. Institutional investors own 24.42% of the company’s stock.

HIVE Digital Technologies Company Profile

(Get Free Report)

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.