TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
HIVE Digital Technologies ( (TSE:HIVE) ) has issued an announcement.
On November 17, 2025, HIVE Digital Technologies announced record financial results for Q2 FY2026, ending September 30, 2025, with a 285% year-over-year revenue increase to $87.3 million. This growth was driven by a significant expansion in Bitcoin mining capacity and increased demand for BUZZ HPC services, resulting in a 300% growth in Bitcoin mining revenue and a 175% increase in BUZZ HPC revenue. The company achieved a milestone operational hashrate of 25 EH/s and completed a 300 MW capacity expansion in Paraguay. Despite a GAAP net loss due to accelerated depreciation, HIVE’s strong operational execution and strategic expansion position it as a leader in next-generation data infrastructure.
The most recent analyst rating on (TSE:HIVE) stock is a Buy with a C$10.00 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 known for its rapid infrastructure expansion and commitment to efficiency, with operations in locations such as Paraguay, Canada, and Europe.
Average Trading Volume: 2,859,067
Technical Sentiment Signal: Sell
Current Market Cap: C$1.07B
For detailed information about HIVE stock, go to TipRanks’ Stock Analysis page.