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

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

Several other research analysts also recently issued reports on HIVE. HC Wainwright upped their price target on shares of HIVE Digital Technologies from $8.00 to $10.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $3.50 target price (down previously from $11.00) on shares of HIVE Digital Technologies in a report on Tuesday, January 27th. Wall Street Zen downgraded HIVE Digital Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Canaccord Genuity Group reissued a “buy” rating and set a $10.00 price target on shares of HIVE Digital Technologies in a research note on Friday, November 21st. Finally, Rosenblatt Securities restated a “buy” rating and set a $10.00 price target on shares of HIVE Digital Technologies in a report on Tuesday, November 18th. Seven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, HIVE Digital Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $7.44.

HIVE Digital Technologies Stock Up 3.3%

HIVE stock opened at $2.21 on Friday. The firm has a 50-day moving average price of $2.86 and a 200-day moving average price of $3.47. HIVE Digital Technologies has a 12 month low of $1.26 and a 12 month high of $7.84. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 0.02. 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 released its quarterly earnings data on Friday, November 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $83.37 million for the quarter, compared to analyst estimates of $80.62 million. As a group, equities research analysts anticipate that HIVE Digital Technologies will post -0.32 EPS for the current fiscal year.

Institutional Investors Weigh In On HIVE Digital Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Two Sigma Investments LP bought a new position in shares of HIVE Digital Technologies during the third quarter worth about $17,584,000. Renaissance Technologies LLC acquired a new stake in HIVE Digital Technologies during the 4th quarter valued at approximately $10,914,000. Vident Advisory LLC raised its holdings in HIVE Digital Technologies by 53.0% during the 2nd quarter. Vident Advisory LLC now owns 3,766,446 shares of the company’s stock worth $6,780,000 after purchasing an additional 1,305,057 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in HIVE Digital Technologies by 29.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,187,363 shares of the company’s stock worth $13,383,000 after purchasing an additional 1,193,991 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of HIVE Digital Technologies by 55.0% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,780,876 shares of the company’s stock worth $11,212,000 after purchasing an additional 987,314 shares during the period. Institutional investors and hedge funds own 24.42% of the company’s stock.

HIVE Digital Technologies News Summary

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.