HIVE Blockchain (HIVE) Stock Forecast, Price Target & Predictions
HIVE Stock Forecast
HIVE Blockchain stock forecast is as follows: an average price target of $5.00 (represents a 62.34% upside from HIVE’s last price of $3.08) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
HIVE Price Target
The average price target for HIVE Blockchain (HIVE) is $5.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $5.00 to $5.00. This represents a potential 62.34% upside from HIVE's last price of $3.08.
HIVE Analyst Ratings
According to 3 Wall Street analysts, HIVE Blockchain's rating consensus is 'Buy'. The analyst rating breakdown for HIVE stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
HIVE Blockchain Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 15, 2024 | Mike Colonnese | H.C. Wainwright | $5.00 | $2.96 | 68.92% | 62.34% |
| Jul 22, 2024 | Mike Colonnese | H.C. Wainwright | $4.00 | $4.50 | -11.11% | 29.87% |
The latest HIVE Blockchain stock forecast, released on Aug 15, 2024 by Mike Colonnese from H.C. Wainwright, set a price target of $5.00, which represents a 68.92% increase from the stock price at the time of the forecast ($2.96), and a 62.34% increase from HIVE last price ($3.08).
HIVE Blockchain Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 2 |
| Avg Price Target | - | $4.50 | $4.50 |
| Last Closing Price | $3.08 | $3.08 | $3.08 |
| Upside/Downside | -100.00% | 46.10% | 46.10% |
In the current month, the average price target of HIVE Blockchain stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to HIVE Blockchain's last price of $3.08. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 15, 2024 | H.C. Wainwright | Neutral | Buy | Upgrade |
| Jul 22, 2024 | H.C. Wainwright | Neutral | Neutral | Hold |
| Jul 19, 2024 | B. Riley | - | Buy | Initialise |
| Nov 15, 2023 | Canaccord Genuity | Buy | Buy | Hold |
HIVE Blockchain's last stock rating was published by H.C. Wainwright on Aug 15, 2024. The company Upgrade its HIVE rating from "Neutral" to "Buy".
HIVE Blockchain Financial Forecast
HIVE Blockchain Revenue Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $22.99M | - | $14.32M | $27.26M | $-28.06M | $19.55M | $80.85M | $76.27M | $39.66M | $53.76M | $5.65M | $4.38M | $6.61M | $38.04M | $33.02M |
| Avg Forecast | $82.90M | $69.10M | $56.00M | $46.20M | $32.03M | $28.90M | $26.73M | $28.88M | $30.63M | $27.45M | $23.80M | $23.67M | $17.30M | $15.15M | $31.19M | $44.19M | $43.76M | $57.71M | $31.21M | $24.67M | $28.73M | $10.30M | $9.70M | $11.20M | $8.60M | $7.90M |
| High Forecast | $96.82M | $80.70M | $65.40M | $53.95M | $37.41M | $33.75M | $30.47M | $33.72M | $35.77M | $31.49M | $24.25M | $27.64M | $20.20M | $17.69M | $36.42M | $44.19M | $50.29M | $66.33M | $35.87M | $28.35M | $33.01M | $11.84M | $11.15M | $12.87M | $9.88M | $9.08M |
| Low Forecast | $73.78M | $61.50M | $49.84M | $41.12M | $28.51M | $25.72M | $23.00M | $25.70M | $27.26M | $23.41M | $23.35M | $21.06M | $15.39M | $13.48M | $27.76M | $44.19M | $38.85M | $51.24M | $27.71M | $21.90M | $25.50M | $9.14M | $8.61M | $9.94M | $7.64M | $7.01M |
| # Analysts | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.97% | - | 0.95% | 0.87% | -0.63% | 0.45% | 1.40% | 2.44% | 1.61% | 1.87% | 0.55% | 0.45% | 0.59% | 4.42% | 4.18% |
HIVE Blockchain's average Quarter revenue forecast for Sep 23 based on 2 analysts is $23.80M, with a low forecast of $23.35M, and a high forecast of $24.25M. HIVE's average Quarter revenue forecast represents a 3.52% increase compared to the company's last Quarter revenue of $22.99M (Jun 23).
HIVE Blockchain EBITDA Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $2.55M | - | $-7.95M | $8.42M | $-49.54M | $-12.96M | $80.58M | $69.76M | $25.81M | $19.71M | $4.20M | $4.73M | $-10.27M | $-4.47M | $1.71M |
| Avg Forecast | $21.07M | $17.56M | $14.23M | $11.74M | $8.14M | $7.34M | $6.79M | $7.34M | $7.78M | $6.98M | $6.05M | $6.01M | $4.40M | $3.85M | $7.93M | $11.23M | $18.87M | $35.45M | $13.46M | $10.64M | $12.38M | $4.44M | $4.18M | $4.83M | $3.71M | $3.41M |
| High Forecast | $24.60M | $20.51M | $16.62M | $13.71M | $9.51M | $8.58M | $7.74M | $8.57M | $9.09M | $8.00M | $6.16M | $7.02M | $5.13M | $4.50M | $9.26M | $11.23M | $21.68M | $42.54M | $15.46M | $12.22M | $14.23M | $5.10M | $4.81M | $5.55M | $4.26M | $3.91M |
| Low Forecast | $18.75M | $15.63M | $12.67M | $10.45M | $7.25M | $6.54M | $5.84M | $6.53M | $6.93M | $5.95M | $5.93M | $5.35M | $3.91M | $3.43M | $7.05M | $11.23M | $16.75M | $28.36M | $11.95M | $9.44M | $11.00M | $3.94M | $3.71M | $4.29M | $3.29M | $3.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.42% | - | -2.06% | 1.06% | -4.41% | -0.69% | 2.27% | 5.18% | 2.43% | 1.59% | 0.95% | 1.13% | -2.13% | -1.21% | 0.50% |
2 analysts predict HIVE's average Quarter EBITDA for Sep 23 to be $6.05M, with a high of $6.16M and a low of $5.93M. This is 136.73% upper than HIVE Blockchain's previous annual EBITDA (Jun 23) of $2.55M.
HIVE Blockchain Net Income Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $-16.25M | - | $-90.01M | $-37.04M | $-96.25M | $-56.30M | $62.91M | $59.83M | $18.59M | $14.07M | $921.20K | $3.39M | $-11.53M | $-6.08M | $-8.65M |
| Avg Forecast | - | - | - | - | $-8.74M | $-10.26M | $-10.26M | $-760.38K | $-16.54M | $-26.23M | $-22.24M | $-22.24M | $-33.07M | $-124.32M | $-22.24M | $-121.99M | $17.20M | $28.27M | $74.78M | $14.61M | $25.57M | - | $-4.41M | - | - | $-17.65M |
| High Forecast | - | - | - | - | $-7.49M | $-8.80M | $-6.84M | $-651.62K | $-14.17M | $-10.49M | $-19.90M | $-19.06M | $-28.34M | $-106.53M | $-19.06M | $-121.99M | $20.54M | $33.92M | $89.74M | $17.45M | $30.53M | - | $-3.77M | - | - | $-15.08M |
| Low Forecast | - | - | - | - | $-10.65M | $-12.50M | $-12.55M | $-926.30K | $-20.15M | $-41.97M | $-25.75M | $-27.09M | $-40.29M | $-151.44M | $-27.09M | $-121.99M | $14.69M | $22.61M | $59.83M | $12.48M | $21.84M | - | $-5.27M | - | - | $-21.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.73% | - | 0.72% | 1.67% | 0.79% | -3.27% | 2.23% | 0.80% | 1.27% | 0.55% | - | -0.77% | - | - | 0.49% |
HIVE Blockchain's average Quarter net income forecast for Mar 22 is $17.20M, with a range of $14.69M to $20.54M. HIVE's average Quarter net income forecast represents a -72.66% decrease compared to the company's last Quarter net income of $62.91M (Dec 21).
HIVE Blockchain SG&A Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $4.09M | - | $5.80M | $5.18M | $3.95M | $5.18M | $4.53M | $4.11M | $4.47M | $3.69M | $1.26M | $1.19M | $1.38M | $7.71M | $6.01M |
| Avg Forecast | $11.04M | $9.20M | $7.46M | $6.15M | $4.27M | $3.85M | $3.56M | $3.84M | $4.08M | $3.66M | $3.17M | $3.15M | $2.30M | $2.02M | $4.15M | $5.88M | $6.74M | $2.00M | $5.14M | $3.80M | $4.43M | $1.59M | $1.49M | $1.73M | $1.33M | $1.22M |
| High Forecast | $12.89M | $10.74M | $8.71M | $7.18M | $4.98M | $4.49M | $4.06M | $4.49M | $4.76M | $4.19M | $3.23M | $3.68M | $2.69M | $2.36M | $4.85M | $5.88M | $7.75M | $2.39M | $6.17M | $4.37M | $5.09M | $1.82M | $1.72M | $1.98M | $1.52M | $1.40M |
| Low Forecast | $9.82M | $8.19M | $6.64M | $5.47M | $3.80M | $3.42M | $3.06M | $3.42M | $3.63M | $3.12M | $3.11M | $2.80M | $2.05M | $1.80M | $3.70M | $5.88M | $5.99M | $1.60M | $4.11M | $3.38M | $3.93M | $1.41M | $1.33M | $1.53M | $1.18M | $1.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.30% | - | 2.88% | 1.25% | 0.67% | 0.77% | 2.27% | 0.80% | 1.17% | 0.83% | 0.80% | 0.79% | 0.80% | 5.82% | 4.94% |
HIVE Blockchain's average Quarter SG&A projection for Sep 23 is $3.17M, based on 2 Wall Street analysts, with a range of $3.11M to $3.23M. The forecast indicates a -22.57% fall compared to HIVE last annual SG&A of $4.09M (Jun 23).
HIVE Blockchain EPS Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $-0.19 | - | $-1.09 | $-0.45 | $-1.17 | $-0.14 | $0.16 | $0.16 | $0.04 | $0.04 | - | $0.01 | $-0.04 | $-0.02 | $-0.15 |
| Avg Forecast | - | - | - | - | $-0.08 | $-0.09 | $-0.09 | $-0.01 | $-0.14 | $-0.23 | $-0.20 | $-0.20 | $-0.29 | $-1.09 | $-0.20 | $-1.15 | $0.19 | $0.51 | $0.21 | $0.17 | $0.29 | - | $-0.05 | - | - | $-0.20 |
| High Forecast | - | - | - | - | $-0.07 | $-0.08 | $-0.06 | $-0.01 | $-0.12 | $-0.09 | $-0.17 | $-0.17 | $-0.25 | $-0.93 | $-0.17 | $-1.15 | $0.23 | $0.61 | $0.25 | $0.20 | $0.35 | - | $-0.04 | - | - | $-0.17 |
| Low Forecast | - | - | - | - | $-0.09 | $-0.11 | $-0.11 | $-0.01 | $-0.18 | $-0.37 | $-0.23 | $-0.24 | $-0.35 | $-1.33 | $-0.24 | $-1.15 | $0.17 | $0.44 | $0.18 | $0.14 | $0.25 | - | $-0.06 | - | - | $-0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.97% | - | 1.00% | 2.31% | 1.02% | -0.72% | 0.31% | 0.77% | 0.24% | 0.14% | - | -0.20% | - | - | 0.77% |
According to 0 Wall Street analysts, HIVE Blockchain's projected average Quarter EPS for Mar 22 is $0.19, with a low estimate of $0.17 and a high estimate of $0.23. This represents a 21.79% increase compared to HIVE previous annual EPS of $0.16 (Dec 21).
HIVE Blockchain Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLSK | CleanSpark | $9.38 | $25.33 | 170.04% | Buy |
| RIOT | Riot Blockchain | $7.20 | $16.14 | 124.17% | Buy |
| BTBT | Bit Digital | $2.87 | $6.00 | 109.06% | Buy |
| BITF | Bitfarms | $2.04 | $4.26 | 108.82% | Buy |
| MARA | Marathon Digital | $16.12 | $31.20 | 93.55% | Buy |
| HIVE | HIVE Blockchain | $3.08 | $5.00 | 62.34% | Buy |
| WULF | TeraWulf | $4.24 | $6.08 | 43.40% | Buy |
| HUT | Hut 8 Mining | $11.24 | $15.70 | 39.68% | Buy |
HIVE Forecast FAQ
Is HIVE Blockchain a good buy?
Yes, according to 3 Wall Street analysts, HIVE Blockchain (HIVE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of HIVE's total ratings.
What is HIVE's price target?
HIVE Blockchain (HIVE) average price target is $5 with a range of $5 to $5, implying a 62.34% from its last price of $3.08. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will HIVE Blockchain stock go up soon?
According to Wall Street analysts' prediction for HIVE stock, the company can go up by 62.34% (from the last price of $3.08 to the average price target of $5), up by 62.34% based on the highest stock price target, and up by 62.34% based on the lowest stock price target.
Can HIVE Blockchain stock reach $5?
HIVE's average twelve months analyst stock price target of $5 does not support the claim that HIVE Blockchain can reach $5 in the near future.
What are HIVE Blockchain's analysts' financial forecasts?
HIVE Blockchain's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $116.54M (high $135.35M, low $102.93M), average EBITDA is $29.62M (high $34.4M, low $26.16M), average net income is $-30.034M (high $-23.784M, low $-36.629M), average SG&A $15.52M (high $18.02M, low $13.7M), and average EPS is $-0.263 (high $-0.209, low $-0.321). HIVE's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $254.2M (high $296.87M, low $226.23M), average EBITDA is $64.6M (high $75.45M, low $57.49M), average net income is $0 (high $0, low $0), average SG&A $33.85M (high $39.53M, low $30.12M), and average EPS is $0 (high $0, low $0).
Did the HIVE's actual financial results beat the analysts' financial forecasts?
Based on HIVE Blockchain's last annual report (Mar 2022), the company's revenue was $211.26M, beating the average analysts forecast of $157.35M by 34.26%. Apple's EBITDA was $146.3M, beating the average prediction of $78.41M by 86.59%. The company's net income was $79.62M, missing the average estimation of $134.86M by -40.96%. Apple's SG&A was $16.45M, missing the average forecast of $17.68M by -6.98%. Lastly, the company's EPS was $1.02, missing the average prediction of $1.08 by -5.73%. In terms of the last quarterly report (Jun 2023), HIVE Blockchain's revenue was $22.99M, missing the average analysts' forecast of $23.67M by -2.86%. The company's EBITDA was $2.55M, missing the average prediction of $6.01M by -57.52%. HIVE Blockchain's net income was $-16.251M, missing the average estimation of $-22.24M by -26.93%. The company's SG&A was $4.09M, beating the average forecast of $3.15M by 29.87%. Lastly, the company's EPS was $-0.19, missing the average prediction of $-0.195 by -2.56%