HIVE Digital Technologies Ltd (NASDAQ: HIVE): Time To Buy Over The Next Few Months

In the last trading session, 18.2 million HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares changed hands as the company’s beta touched 4.42. With the company’s per share price at $2.02 changed hands at $0.01 or 0.50% during last session, the market valuation stood at $364.23M. HIVE’s last price was a discount, traded about -174.26% off its 52-week high of $5.54. The share price had its 52-week low at $1.26, which suggests the last value was 37.62% up since then.

Analysts gave the HIVE Digital Technologies Ltd (HIVE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended HIVE as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.

HIVE Digital Technologies Ltd (NASDAQ:HIVE) trade information

Instantly HIVE was in green as seen at the end of in last trading. With action 7.45%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -29.12%, with the 5-day performance at 7.45% in the green. However, in the 30-day time frame, HIVE Digital Technologies Ltd (NASDAQ:HIVE) is 9.78% up.

The consensus price target for the stock as assigned by Wall Street analysts is 7.5, meaning bulls need an upside of 73.07% from its current market value. According to analyst projections, HIVE’s forecast low is 7.5 with 7.5 as the target high. To hit the forecast high, the stock’s price needs a -271.29% plunge from its current level, while the stock would need to soar -271.29% for it to hit the projected low.

HIVE Digital Technologies Ltd (HIVE) estimates and forecasts

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 23.63%. The 2025 estimates are for HIVE Digital Technologies Ltd earnings to increase by 74.21%.

HIVE Digital Technologies Ltd (NASDAQ:HIVE)’s Major holders

VAN ECK ASSOCIATES CORP holds the second largest percentage of outstanding shares, with 3.5184% or 3.89 million shares worth $11.99 million as of 2024-06-30.

Among Mutual Funds, the top two as of Mar 31, 2025 were Amplify ETF Trust-Amplify Transformational Data Sharing ETF and Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF. With 3.94 shares estimated at $7.95 million under it, the former controlled 2.10% of total outstanding shares. On the other hand, Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF held about 1.24% of the shares, roughly 2.33 shares worth around $4.7 million.

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