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HIVE Digital Technologies
(NASDAQ:HIVE)
HIVE Digital Technologies (HIVE) vs. iShares MSCI Canada ETF (EWC)
HIVE Digital Technologies Business Overview & Revenue Model
HIVE Digital Technologies Earnings Call Summary
HIVE Digital Technologies Financial Statement Overview
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 115.28M | 114.47M | 106.32M | 211.26M | 88.34M |
| Gross Profit | -39.34M | 40.39M | -30.46M | 96.91M | 60.83M |
| EBITDA | 68.39M | 24.48M | -150.44M | 146.30M | 36.18M |
| Net Income | -3.00M | -51.20M | -236.42M | 79.62M | 24.14M |
Balance Sheet | |||||
| Total Assets | 531.60M | 307.58M | 196.12M | 452.27M | 178.33M |
| Cash, Cash Equivalents and Short-Term Investments | 47.51M | 16.65M | 7.24M | 22.32M | 41.27M |
| Total Debt | 55.16M | 30.72M | 35.41M | 43.32M | 30.89M |
| Total Liabilities | 82.46M | 47.89M | 47.30M | 63.22M | 43.86M |
| Stockholders Equity | 449.14M | 259.69M | 148.82M | 389.05M | 134.47M |
Cash Flow | |||||
| Free Cash Flow | -157.67M | -65.73M | 1.95M | -146.56M | -42.29M |
| Operating Cash Flow | 16.63M | 13.53M | 44.78M | 68.49M | 22.95M |
| Investing Cash Flow | -183.77M | -78.36M | -40.89M | -214.19M | -66.86M |
| Financing Cash Flow | 180.73M | 70.15M | -4.64M | 110.77M | 78.29M |
HIVE Digital Technologies Technical Analysis
HIVE Digital Technologies Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $16.93B | 11.67 | 9.79% | 3.89% | 11.83% | -7.56% | |
65 Neutral | C$340.36M | 111.43 | 4.09% | ― | 3189.96% | ― | |
59 Neutral | $726.49M | ― | -15.83% | ― | 3.95% | 34.55% | |
56 Neutral | C$193.18M | 62.69 | 5.61% | ― | -9.36% | ― | |
54 Neutral | C$3.42B | 3.76 | -6.53% | ― | 15.44% | -134.04% | |
52 Neutral | $806.14M | ― | -16.30% | ― | 30.06% | 46.14% | |
52 Neutral | C$51.06M | 9.33 | 42.14% | ― | 109.65% | -22.41% |
HIVE Digital Technologies Corporate Events
HIVE Digital Technologies has achieved a significant milestone by exceeding 12 Exahash per second in global Bitcoin mining hashrate and reaching a $250 million annualized revenue run rate. This achievement is largely due to the company’s rapid expansion in Yguazú, Paraguay, where it is constructing hydro-powered data center campuses. The expansion is expected to transform the region into a hub for Bitcoin innovation and renewable infrastructure, creating jobs and setting a global benchmark for sustainability in digital asset mining. HIVE aims to further increase its hashrate to 18 EH/s by the end of summer and 25 EH/s by Thanksgiving 2025, with anticipated revenue run rates of $400 million and expanding mining margins.
The most recent analyst rating on (TSE:HIVE) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on HIVE Digital Technologies stock, see the TSE:HIVE Stock Forecast page.
HIVE Digital Technologies has announced an 18% increase in Bitcoin production in June, attributed to its expansion in Paraguay. The company is on track to achieve a production target of 12 Bitcoin per day by the end of the year, with plans to scale up to 25 EH/s by American Thanksgiving. The launch of Phase 2 at its hydro-powered facility in Paraguay is expected to further enhance production efficiency and capacity. Additionally, HIVE’s subsidiary, BUZZ High Performance Computing Inc., is expanding its AI infrastructure in Canada, positioning itself as a key player in the country’s AI sector. The company has also strengthened its capital position through a successful equity program.
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.
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.
BUZZ High Performance Computing, a subsidiary of HIVE Digital Technologies, has launched a new NVIDIA Hopper GPU cluster in Quebec, enhancing its position as a leading Canadian sovereign AI cloud provider. This expansion reflects growing demand for domestic AI capacity and supports sectors such as generative AI, autonomous systems, and genomic medicine. The company is committed to fostering innovation by offering free and subsidized HPC credits to Canadian entities, thereby reducing barriers to accessing advanced computing power.
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.
HIVE Digital Technologies has announced the acquisition of a 7.2 MW data center in Toronto, marking a significant step in its strategy to enhance high-performance computing infrastructure and develop a sovereign Canadian AI ecosystem through its subsidiary, BUZZ HPC. This acquisition positions BUZZ HPC as a leader in Canada’s digital infrastructure, enabling the deployment of advanced compute infrastructure to support AI workloads for Canadian enterprises and government initiatives. The move aligns with HIVE’s commitment to sustainable digital infrastructure and positions the company to lead in the next-generation AI and HPC data center industry.
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.
HIVE Digital Technologies has achieved a significant milestone by surpassing 11 Exahash per second (EH/s) in Bitcoin mining hashrate, completing Phase 1 of its Yguazú site in Paraguay ahead of schedule. This expansion, powered by 100% renewable hydroelectricity, aligns with HIVE’s commitment to sustainable growth and positions the company to reach 25 EH/s by Thanksgiving 2025. The project not only enhances HIVE’s operational capacity but also contributes to local communities by creating jobs, improving infrastructure, and supporting economic stability.
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.
HIVE Digital Technologies announced it will release its financial results for fiscal Q4 and the full year ending March 31, 2025, on June 26, 2025. The release will be followed by an earnings conference call and webcast, highlighting the company’s commitment to transparency and stakeholder engagement.
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.
HIVE Digital Technologies has achieved a significant milestone by surpassing 10 Exahash per second in Bitcoin mining capacity, marking a 58% increase in peak hashrate within a month. This growth is attributed to the energization of its 100 MW hydro-powered facility in Paraguay, reinforcing its position as a leader in sustainable and efficient Bitcoin mining. The company aims to reach 25 EH/s by the end of 2025, which is expected to enhance daily Bitcoin production and reduce costs, positioning HIVE as a formidable player in the digital infrastructure industry.
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.
HIVE Digital Technologies has achieved a significant milestone by surpassing 10 Exahash per second (EH/s) in Bitcoin mining hashrate, with plans to reach 11.5 EH/s by June 2025. This growth is part of a strategic expansion towards a target of 25 EH/s by Q4 2025, fully funded and ahead of schedule. Additionally, HIVE’s subsidiary, Buzz HPC, has exceeded expectations by achieving a $20 million annualized run-rate revenue in its GPU cloud business, reinforcing its position as a leader in GPU cloud infrastructure.
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.
HIVE Digital Technologies has achieved a record 9.5 EH/s in Bitcoin mining hashrate, marking a significant milestone in its growth strategy. This positions the company above 1% of the global Bitcoin network and reflects its commitment to sustainable growth and shareholder value. The company plans to expand further, aiming for 25 EH/s by the end of 2025, with new facilities in Paraguay enhancing its capacity and efficiency.
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.
HIVE Digital Technologies has surpassed 8.3 EH/s in Bitcoin mining hashrate, driven by its new hydro-powered facility in Paraguay, and is on track to reach 11.5 EH/s by June 2025. The company plans to expand to 25 EH/s by the end of 2025, leveraging its Bitcoin treasury to fund ASIC orders without significant cash outlay, aiming to enhance operational efficiency and reduce production costs.
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.
HIVE Digital Technologies Ltd. has announced an amended and restated equity distribution agreement, allowing the company to sell up to US$119,226,903 of common shares through an at-the-market (ATM) program. This move provides HIVE with financial flexibility to support general corporate needs, fund ongoing operations, repay debt, and potentially pursue future acquisitions, reflecting its strategic focus on maintaining a strong market position in sustainable digital infrastructure.
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.
HIVE Digital Technologies has announced significant growth in its Bitcoin mining operations, particularly in Paraguay, where it has surpassed a global hashrate of 7 EH/s, marking a 10% increase. The company is on track to reach 11.5 EH/s by June 2025, with further expansions planned to achieve 18 EH/s by the end of summer. This expansion is supported by the acquisition of Bitfarms’ assets and the deployment of new ASIC miners, positioning HIVE as a major player in the Bitcoin mining industry. The company’s strategic use of hydroelectric power and efficient capital allocation are expected to enhance its production capabilities and market position.