B. Riley Securities Cuts HIVE Digital Technologies (NASDAQ:HIVE) Price Target to $6.00

HIVE Digital Technologies (NASDAQ:HIVE) had its price target cut by B. Riley Securities from $7.00 to $6.00 in a research note released on Friday,Benzinga reports. They currently have a buy rating on the stock.

Several other analysts have also recently commented on the company. Rosenblatt Securities reiterated a “buy” rating and set a $10.00 price target on shares of HIVE Digital Technologies in a research report on Tuesday, November 18th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $3.50 target price (down previously from $11.00) on shares of HIVE Digital Technologies in a report on Tuesday, January 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of HIVE Digital Technologies in a research report on Wednesday, January 28th. Wall Street Zen lowered shares of HIVE Digital Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Finally, B. Riley Financial dropped their price objective on shares of HIVE Digital Technologies from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Friday, November 21st. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, HIVE Digital Technologies has an average rating of “Moderate Buy” and a consensus price target of $7.44.

HIVE Digital Technologies Stock Up 3.3%

HIVE stock opened at $2.21 on Friday. HIVE Digital Technologies has a 52 week low of $1.26 and a 52 week high of $7.84. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 0.02. The firm has a 50-day simple moving average of $2.86 and a 200-day simple moving average of $3.49. The stock has a market capitalization of $554.53 million, a P/E ratio of -10.52 and a beta of 3.58.

HIVE Digital Technologies (NASDAQ:HIVE) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). HIVE Digital Technologies had a negative return on equity of 14.15% and a negative net margin of 16.18%.The firm had revenue of $83.37 million during the quarter, compared to analyst estimates of $80.62 million. Equities analysts forecast that HIVE Digital Technologies will post -0.32 earnings per share for the current fiscal year.

Institutional Trading of HIVE Digital Technologies

Hedge funds have recently made changes to their positions in the company. ACT Wealth Management LLC raised its position in shares of HIVE Digital Technologies by 33.3% during the 4th quarter. ACT Wealth Management LLC now owns 16,000 shares of the company’s stock valued at $41,000 after buying an additional 4,000 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in HIVE Digital Technologies by 3.5% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 128,801 shares of the company’s stock worth $519,000 after acquiring an additional 4,351 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in HIVE Digital Technologies by 21.4% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 25,388 shares of the company’s stock valued at $102,000 after purchasing an additional 4,472 shares during the period. SBI Securities Co. Ltd. lifted its stake in shares of HIVE Digital Technologies by 23.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 26,148 shares of the company’s stock valued at $67,000 after purchasing an additional 4,964 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of HIVE Digital Technologies by 21.9% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 30,280 shares of the company’s stock valued at $55,000 after purchasing an additional 5,435 shares during the last quarter. Hedge funds and other institutional investors own 24.42% of the company’s stock.

Trending Headlines about HIVE Digital Technologies

Here are the key news stories impacting HIVE Digital Technologies this week:

• Positive Sentiment: BUZZ (HIVE’s Tier‑III HPC platform) signed roughly $30 million in AI cloud customer agreements over two‑year fixed terms, advancing HIVE’s strategy to diversify into AI/HPC services and add recurring contract revenue. HIVE Digital Technologies’ HPC unit BUZZ inks $30B in AI cloud contracts
• Neutral Sentiment: HIVE will report fiscal Q3 2026 results and host an earnings call on Feb. 17 — a near‑term catalyst that could move the stock depending on revenue mix (HPC vs. hash rate), margins, and guidance. HIVE Digital to report Q3 results on Feb. 17
• Neutral Sentiment: B. Riley lowered its price target on HIVE from $7.00 to $6.00 but kept a “buy” rating — this reduces analyst upside while still signaling conviction in the business plan; investors should weigh the revised target against new contract revenue and upcoming results. B. Riley price target cut
• Neutral Sentiment: Public short‑interest notices showed reported increases in February, but the filings list 0 shares (and NaN changes), indicating likely data/reporting noise rather than material new short positions; treat these items cautiously.

HIVE Digital Technologies Company Profile

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.