On June 27, 2025, Cantor Fitzgerald, led by analyst Brett Knoblauch, has reaffirmed its "Overweight" rating for HIVE Digital Technologies (HIVE, Financial). This decision reflects confidence in the company's performance and potential future growth.
The analyst has also raised the price target for HIVE, adjusting it from a previous valuation of USD 5.00 to a new target of USD 5.50. This adjustment represents a 10% increase in the price target, indicating a positive outlook for HIVE's stock performance.
The consistent "Overweight" rating suggests that HIVE Digital Technologies (HIVE, Financial) is expected to outperform the broader market, and the revised price target could attract further investor interest. Keep an eye on HIVE as market developments unfold.
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 $7.07 with a high estimate of $11.00 and a low estimate of $4.00. The average target implies an upside of 295.05% from the current price of $1.79. 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 $2.69, suggesting a upside of 50.28% from the current price of $1.79. 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.