12 Month Price Forecast For HIVE
Distance to HIVE Price Forecasts
HIVE Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: February 8, 2025 3:38 AM UTC
HIVE Analyst Ratings & Price Targets
Based on our analysis of 8 Wall Street analysts, HIVE has a consensus that is bullish. The median price target is $7.50, with forecasts ranging from $6.00 to $11.00. Currently, there are 7 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
With HIVE currently trading at $2.83, the median price forecast suggests a 165.0% upside. The most optimistic forecast comes from at , projecting a 288.7% upside, while Joseph Vafi at Canaccord Genuity provides the most conservative target, suggesting a 112.0% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
HIVE Analyst Consensus
HIVE Price Target Range
Latest HIVE Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for HIVE.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Feb 6, 2025 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $8.00 |
Jan 29, 2025 | HC Wainwright & Co. | Mike Colonnese | Buy | Reiterates | $8.00 |
Dec 19, 2024 | Roth MKM | Darren Aftahi | Buy | Initiates | $7.50 |
Dec 3, 2024 | HC Wainwright & Co. | Mike Colonnese | Buy | Reiterates | $8.00 |
Nov 19, 2024 | Cantor Fitzgerald | Brett Knoblauch | Overweight | Reiterates | $9.00 |
Nov 14, 2024 | HC Wainwright & Co. | Mike Colonnese | Buy | Maintains | $8.00 |
Nov 14, 2024 | Northland Capital Markets | Mike Grondahl | Outperform | Maintains | $7.00 |
Nov 14, 2024 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $7.00 |
Oct 29, 2024 | Cantor Fitzgerald | Brett Knoblauch | Overweight | Initiates | $9.00 |
Sep 19, 2024 | Northland Capital Markets | Mike Grondahl | Outperform | Initiates | $5.50 |
Aug 21, 2024 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $6.00 |
Aug 15, 2024 | HC Wainwright & Co. | Mike Colonnese | Buy | Upgrade | $5.00 |
Jul 22, 2024 | HC Wainwright & Co. | Mike Colonnese | Neutral | Maintains | $4.00 |
Jul 19, 2024 | B. Riley Securities | Lucas Piper | Buy | Initiates | $6.00 |
Jun 26, 2024 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $6.00 |
Jun 26, 2024 | HC Wainwright & Co. | Mike Colonnese | Neutral | Reiterates | $3.50 |
Mar 28, 2024 | Canaccord Genuity | Joseph Vafi | Buy | Reiterates | $6.00 |
Feb 19, 2024 | Canaccord Genuity | Joseph Vafi | Buy | Reiterates | $6.00 |
Feb 14, 2024 | HC Wainwright & Co. | Mike Colonnese | Neutral | Reiterates | $3.50 |
Nov 20, 2023 | HC Wainwright & Co. | Mike Colonnese | Neutral | Downgrade | $3.50 |
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Aerohive Networks Inc (HIVE) Financial Data
Aerohive Networks Inc has a market capitalization of $372.29M with a P/E ratio of -5.0x. The company generates $123.02M in trailing twelve-month revenue with a -12.0% profit margin.
Revenue growth is -0.5% quarter-over-quarter, while maintaining an operating margin of -91.6% and return on equity of -7.4%.
Valuation Metrics
Growth & Margins
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Aerohive Networks Inc (HIVE) Company Overview
About Aerohive Networks Inc
Engages in mining and selling digital currencies.
The company operates data centers that mine cryptocurrencies such as Bitcoin, generating revenue through the sale of these digital currencies. Additionally, it provides infrastructure solutions and computational capacity to support distributed networks in the blockchain sector.
HIVE Digital Technologies Ltd. was formerly known as HIVE Blockchain Technologies Ltd. and rebranded in July 2023. Established in 1987, the company is headquartered in Vancouver, Canada, and has operations in Canada, Sweden, and Iceland.
Company Information
Sector
Financial Services
Industry
Capital Markets
Employees
20
CEO
Mr. Aydin Kilic
Country
Canada
IPO Year
2009
Website
hivedigitaltechnologies.comAerohive Networks Inc (HIVE) Latest News & Analysis
HIVE Digital Technologies mined 102 Bitcoin in January, raising total holdings to 2,657 BTC valued at $271 million. The company maintained a mining capacity of 5.7 EH/s.
HIVE's increased Bitcoin holdings and strong mining capacity indicate robust operational performance, potentially enhancing investor confidence and impacting stock valuation positively.
HIVE Digital Technologies Ltd. issued a designated news release related to its prospectus supplement dated October 3, 2024, under its short form base shelf prospectus from September 11, 2024.
The designated news release indicates HIVE Digital Technologies Ltd. is updating investors on significant information related to its prospectus, potentially affecting stock valuation and market perception.
HIVE Digital Technologies Announces January 2025 Production Results and Strategic Milestones
2 days agoHIVE Digital Technologies Ltd. issued a designated news release related to its prospectus supplement dated October 3, 2024, under its short form base shelf prospectus from September 11, 2024.
The designation of the news release may signal key updates or developments regarding HIVE Digital Technologies Ltd.'s financial offerings, potentially affecting stock performance and investor sentiment.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) signed a LOI to acquire Bitfarms' 200-MW hydro-powered Bitcoin mining facility in Paraguay for $56 million, boosting its mining capacity to 25 EH/s by September 2025.
HIVE's acquisition of Bitfarms' hydro-powered facility will significantly boost its Bitcoin mining capacity, potentially enhancing revenue and market position in the growing cryptocurrency sector.
HIVE Digital Technologies Ltd. issued a designated news release related to its prospectus supplement dated October 3, 2024, under its short form base shelf prospectus from September 11, 2024.
The designated news release indicates HIVE Digital Technologies Ltd. is providing critical updates related to its financial offerings, impacting investor confidence and potential stock performance.
HIVE Digital Technologies Ltd. issued a designated news release related to its prospectus supplement dated October 3, 2024, under its short form base shelf prospectus from September 11, 2024.
The designated news release indicates HIVE Digital Technologies Ltd. is providing crucial updates relevant to its ongoing financing, potentially impacting share price and investor confidence.
Frequently Asked Questions About HIVE Stock
What is Aerohive Networks Inc's (HIVE) stock forecast for 2025?
Based on our analysis of 8 Wall Street analysts, Aerohive Networks Inc (HIVE) has a median price target of $7.50. The highest price target is $11.00 and the lowest is $6.00.
Is HIVE stock a good investment in 2025?
According to current analyst ratings, HIVE has 7 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $2.83. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for HIVE stock?
Wall Street analysts predict HIVE stock could reach $7.50 in the next 12 months. This represents a 165.0% increase from the current price of $2.83. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Aerohive Networks Inc's business model?
The company operates data centers that mine cryptocurrencies such as Bitcoin, generating revenue through the sale of these digital currencies. Additionally, it provides infrastructure solutions and computational capacity to support distributed networks in the blockchain sector.
What is the highest forecasted price for HIVE Aerohive Networks Inc?
The highest price target for HIVE is $11.00 from at , which represents a 288.7% increase from the current price of $2.83.
What is the lowest forecasted price for HIVE Aerohive Networks Inc?
The lowest price target for HIVE is $6.00 from Joseph Vafi at Canaccord Genuity, which represents a 112.0% increase from the current price of $2.83.
What is the overall HIVE consensus from analysts for Aerohive Networks Inc?
The overall analyst consensus for HIVE is bullish. Out of 8 Wall Street analysts, 7 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $7.50.
How accurate are HIVE stock price projections?
Stock price projections, including those for Aerohive Networks Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.