BUZZ High Performance Computing, a division owned entirely by HIVE Digital Technologies (HIVE, Financial), has unveiled a new supercomputing cluster equipped with NVIDIA Hopper GPUs in Quebec. This marks one of the three advanced computing clusters the company manages across Canada and Sweden. Since its launch, the cluster, augmented with the high-performance NVIDIA Quantum-2 InfiniBand networking technology, has been operating at nearly full capacity. As BUZZ HPC continues to expand its technological infrastructure, it reinforces its position in the high-performance computing landscape.
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 $7.64 with a high estimate of $11.00 and a low estimate of $4.00. The average target implies an upside of 357.66% from the current price of $1.67. 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 52.69% from the current price of $1.67. 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.
