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HIVE Digital Technologies ( (TSE:HIVE) ) has issued an update.
HIVE Digital Technologies reported a record revenue of $87.3 million for Q2 2025, marking a 285% year-over-year increase, driven by substantial growth in both Bitcoin mining and BUZZ HPC services. The company’s strategic expansion, including a rapid infrastructure build-out in Paraguay and advancements in AI and HPC capabilities, positions it for continued growth and leadership in the data infrastructure sector.
The most recent analyst rating on (TSE:HIVE) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on HIVE Digital Technologies stock, see the TSE:HIVE Stock Forecast page.
Spark’s Take on TSE:HIVE Stock
According to Spark, TipRanks’ AI Analyst, TSE:HIVE is a Neutral.
The overall score is primarily impacted by financial performance challenges, including profitability and cash flow issues. Technical analysis indicates bearish momentum, and valuation metrics highlight unprofitability. These factors collectively suggest caution for potential investors.
To see Spark’s full report on TSE:HIVE stock, click here.
More about HIVE Digital Technologies
HIVE Digital Technologies Ltd. is a global leader in sustainable data center infrastructure, focusing on Bitcoin mining and high-performance computing (HPC) services. The company is expanding its operations with a significant presence in Paraguay and aims to lead in next-generation data infrastructure.
YTD Price Performance: 3.84%
Average Trading Volume: 2,852,866
Technical Sentiment Signal: Sell
Current Market Cap: C$1.07B
Find detailed analytics on HIVE stock on TipRanks’ Stock Analysis page.