HIVE Digital Technologies has achieved a significant milestone by increasing its global Bitcoin mining capacity to over 10 Exahash per second, up from 6 EH/s at the end of March. This growth represents a notable 58% increase in peak hashrate from April's 6.6 EH/s to 10.4 EH/s in May.
In May 2025, HIVE (HIVE, Financial) reported several key performance indicators. The company mined 139 BTC throughout the month, averaging 4.5 BTC per day. The average mining efficiency for the period was 8.5 EH/s, with a peak at 10.4 EH/s. Each Exahash per second contributed to producing 16.4 BTC. Furthermore, HIVE's fleet maintained an efficiency of approximately 20 Joules per Terahash. Notably, the company secured more than 1% of the global Bitcoin network hashrate.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for HIVE Digital Technologies Ltd (HIVE, Financial) is $7.50 with a high estimate of $11.00 and a low estimate of $4.00. The average target implies an upside of 311.95% from the current price of $1.82. More detailed estimate data can be found on the HIVE Digital Technologies Ltd (HIVE) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, HIVE Digital Technologies Ltd's (HIVE, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for HIVE Digital Technologies Ltd (HIVE, Financial) in one year is $2.55, suggesting a upside of 40.06% from the current price of $1.8206. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the HIVE Digital Technologies Ltd (HIVE) Summary page.
