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HIVE Digital Technologies ( (TSE:HIVE) ) just unveiled an update.
HIVE Digital Technologies reported a total revenue of $115.3 million for FY2025, with significant growth in AI GPU revenue and a notable increase in Bitcoin mining capacity. Despite a net loss of $3.0 million, the company achieved a 40% increase in operational hashrate and expanded its infrastructure in Paraguay, positioning itself for future growth in both the mining and HPC sectors.
The most recent analyst rating on (TSE:HIVE) stock is a Buy with a C$7.50 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.
HIVE Digital Technologies is facing significant financial difficulties, with negative earnings and cash flow issues being primary concerns. Despite these challenges, strategic expansions and growth plans, particularly in Paraguay, offer potential for improvement. Technical analysis shows bearish trends, and valuation remains a concern due to ongoing losses. While growth initiatives provide some optimism, investors should remain cautious.
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 digital currency mining and high-performance computing hosting services.
Average Trading Volume: 762,078
Technical Sentiment Signal: Sell
Current Market Cap: C$441.8M
See more data about HIVE stock on TipRanks’ Stock Analysis page.