At the time of writing, HIVE Digital Technologies Ltd [HIVE] stock is trading at $1.81, up 1.12%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HIVE shares have gain 11.73% over the last week, with a monthly amount drifted -23.95%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
HIVE Digital Technologies Ltd [NASDAQ: HIVE] stock has seen the most recent analyst activity on March 07, 2025, when Rosenblatt initiated its Buy rating and assigned the stock a price target of $6. On December 19, 2024, ROTH MKM initiated with a Buy rating and assigned a price target of $7.50 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $9 on October 29, 2024. Northland Capital initiated its recommendation with a Outperform and recommended $5.50 as its price target on September 19, 2024. H.C. Wainwright upgraded its rating to Buy for this stock on August 15, 2024. In a note dated July 19, 2024, B. Riley Securities initiated an Buy rating and provided a target price of $6 on this stock.
For the past year, the stock price of HIVE Digital Technologies Ltd fluctuated between $1.61 and $5.54. Currently, Wall Street analysts expect the stock to reach $8.25 within the next 12 months. HIVE Digital Technologies Ltd [NASDAQ: HIVE] shares were valued at $1.81 at the most recent close of the market. An investor can expect a potential return of 355.8% based on the average HIVE price forecast.
Analyzing the HIVE fundamentals
According to HIVE Digital Technologies Ltd [NASDAQ:HIVE], the company’s sales were 121.00M for trailing twelve months, which represents an -6.47% plunge. Gross Profit Margin for this corporation currently stands at -0.11% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7567 points at the first support level, and at 1.7033 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8467, and for the 2nd resistance point, it is at 1.8833.
Ratios To Look Out For
It is important to note that HIVE Digital Technologies Ltd [NASDAQ:HIVE] has a current ratio of 10.41. As well, the Quick Ratio is 10.41, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 2.36, the price to book ratio is 0.58.
