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

HIVE Digital Technologies (NASDAQ:HIVE) had its price objective cut by analysts at B. Riley Securities from $7.00 to $6.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. B. Riley Securities’ target price suggests a potential upside of 171.49% from the company’s current price.

Several other research analysts have also recently weighed in on the stock. HC Wainwright boosted 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. B. Riley Financial dropped their target price on shares of HIVE Digital Technologies from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $3.50 target price (down 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 report on Wednesday, January 28th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $10.00 price objective on shares of HIVE Digital Technologies in a research report on Tuesday, November 18th. Seven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $7.44.

HIVE Digital Technologies Trading Up 3.3%

Shares of HIVE Digital Technologies stock opened at $2.21 on Friday. The company has a market capitalization of $554.53 million, a P/E ratio of -10.52 and a beta of 3.58. The stock has a fifty day simple moving average of $2.86 and a 200 day simple moving average of $3.48. 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.

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

Institutional Trading of HIVE Digital Technologies

A number of large investors have recently bought and sold shares of the company. WMG Financial Advisors LLC purchased a new position in shares of HIVE Digital Technologies during the 3rd quarter valued at $40,000. HBW Advisory Services LLC bought a new stake in HIVE Digital Technologies in the 3rd quarter valued at about $40,000. Ground Swell Capital LLC purchased a new stake in HIVE Digital Technologies during the fourth quarter valued at about $27,000. Rafferty Asset Management LLC purchased a new stake in HIVE Digital Technologies during the fourth quarter valued at about $28,000. Finally, State of Wyoming bought a new position in HIVE Digital Technologies during the fourth quarter worth about $28,000. 24.42% of the stock is owned by hedge funds and other institutional investors.

Key HIVE Digital Technologies News

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.

About HIVE Digital Technologies

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.