HIVE Digital Technologies (NASDAQ:HIVE) Given New $4.50 Price Target at Rosenblatt Securities

HIVE Digital Technologies (NASDAQ:HIVE) had its price target cut by Rosenblatt Securities from $6.50 to $4.50 in a report published on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

HIVE has been the subject of a number of other research reports. Canaccord Genuity Group reiterated a “buy” rating and issued a $10.00 price objective on shares of HIVE Digital Technologies in a report on Friday, November 21st. Wall Street Zen downgraded shares of HIVE Digital Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of HIVE Digital Technologies in a research note on Wednesday, January 28th. B. Riley Financial lowered their target price on HIVE Digital Technologies from $7.00 to $6.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and set a $3.50 target price (down previously from $11.00) on shares of HIVE Digital Technologies in a research report on Tuesday, January 27th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $6.63.

HIVE Digital Technologies Stock Performance

HIVE Digital Technologies stock opened at $2.12 on Wednesday. HIVE Digital Technologies has a 12-month low of $1.26 and a 12-month 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 business’s 50-day moving average price is $2.80 and its two-hundred day moving average price is $3.48. The stock has a market cap of $531.95 million, a PE ratio of -3.53 and a beta of 3.58.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its stake in shares of HIVE Digital Technologies by 1,885.8% during the 4th quarter. NewEdge Advisors LLC now owns 9,929 shares of the company’s stock worth $26,000 after purchasing an additional 9,429 shares during the period. Ground Swell Capital LLC purchased a new stake in HIVE Digital Technologies during the fourth quarter worth about $27,000. Rafferty Asset Management LLC bought a new stake in HIVE Digital Technologies in the fourth quarter worth about $28,000. State of Wyoming purchased a new position in HIVE Digital Technologies in the fourth quarter valued at about $28,000. Finally, Ethos Financial Group LLC bought a new stake in shares of HIVE Digital Technologies in the second quarter valued at $36,000. Hedge funds and other institutional investors own 24.42% of the company’s stock.

HIVE Digital Technologies News Roundup

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

• Positive Sentiment: Record quarter: HIVE reported quarterly revenue of $93.1M, up 219% YoY, and a $32.1M gross operating margin (up >6x YoY), demonstrating strong top-line growth and improving operating leverage. Press Release
• Positive Sentiment: Earnings per share beat: HIVE reported EPS of ($0.06) vs. consensus ($0.08), a beat that suggests operational progress even while the company remains unprofitable. Earnings Report
• Positive Sentiment: Growth initiatives: Management highlights scaling of the Bitcoin-mining business and ongoing expansion in Paraguay, which supports future hash-rate and revenue growth. CEO Interview
• Neutral Sentiment: Analyst update is mixed: Rosenblatt cut its price target from $6.50 to $4.50 but kept a “buy” rating, leaving upside on the table but tempering expectations near term. Analyst Note
• Neutral Sentiment: Investor materials and access: Management hosted a conference call and provided a slide deck and press release—useful for due diligence but not an immediate price mover. Slide Deck
• Negative Sentiment: Revenue slight miss and profitability metrics: Revenue of $93.11M was slightly below the $97.67M expectation; the company still shows a negative net margin (~-16%) and negative ROE, keeping profitability concerns on investors’ minds. Earnings Detail
• Negative Sentiment: Market reaction and technical pressure: Despite the beat and record revenue, headlines note the stock “dropped despite the best quarter,” and pre-market moves were lower — likely driven by the revenue miss, lowered analyst target and broader crypto weakness. Market Reaction

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.