HIVE Blockchain (HIVE) Stock Forecast, Price Target & Predictions

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HIVE Stock Forecast

HIVE Blockchain stock forecast is as follows: an average price target of $6.50 (represents a 50.81% upside from HIVE’s last price of $4.31) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

HIVE Price Target

The average price target for HIVE Blockchain (HIVE) is $6.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $5.00. This represents a potential 50.81% upside from HIVE's last price of $4.31.

HIVE Analyst Ratings

Buy

According to 4 Wall Street analysts, HIVE Blockchain's rating consensus is 'Buy'. The analyst rating breakdown for HIVE stock is 0 'Strong Buy' (0.00%), 4 '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
Oct 29, 2024	Brett Knoblauch	Cantor Fitzgerald	$9.00	$4.11	118.98%	108.82%
Sep 19, 2024	Mike Grondahl	Northland Securities	$5.50	$3.19	72.55%	27.61%
Aug 15, 2024	Mike Colonnese	H.C. Wainwright	$5.00	$2.96	68.92%	16.01%
Jul 22, 2024	Mike Colonnese	H.C. Wainwright	$4.00	$4.50	-11.11%	-7.19%

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The latest HIVE Blockchain stock forecast, released on Oct 29, 2024 by Brett Knoblauch from Cantor Fitzgerald, set a price target of $9.00, which represents a 118.98% increase from the stock price at the time of the forecast ($4.11), and a 108.82% increase from HIVE last price ($4.31).

HIVE Blockchain Price Target by Period

	1M	3M	12M
# Anlaysts	1	3	4
Avg Price Target	$9.00	$6.50	$5.88
Last Closing Price	$4.31	$4.31	$4.31
Upside/Downside	108.82%	50.81%	36.43%

In the current month, the average price target of HIVE Blockchain stock is $9.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 108.82% increase as opposed to HIVE Blockchain's last price of $4.31. This month's average price target is up 38.46% compared to last quarter, and up 53.06% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 29, 2024	Cantor Fitzgerald	-	Overweight	Initialise
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

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HIVE Blockchain's last stock rating was published by Cantor Fitzgerald on Oct 29, 2024. The company Initialise its HIVE rating from "null" to "Overweight".

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	$92.92M	$82.24M	$68.83M	$49.29M	$33.11M	$27.77M	$24.98M	$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	$103.23M	$91.36M	$76.47M	$54.76M	$40.80M	$32.26M	$27.75M	$32.08M	$34.03M	$31.49M	$24.25M	$26.29M	$19.22M	$16.83M	$31.19M	$44.19M	$43.76M	$57.71M	$31.21M	$24.67M	$28.73M	$10.30M	$9.70M	$11.20M	$8.60M	$7.90M
Low Forecast	$87.44M	$77.39M	$64.77M	$46.38M	$28.88M	$25.51M	$23.51M	$27.17M	$28.82M	$23.41M	$23.35M	$22.27M	$16.28M	$14.26M	$31.19M	$44.19M	$43.76M	$57.71M	$31.21M	$24.67M	$28.73M	$10.30M	$9.70M	$11.20M	$8.60M	$7.90M
# Analysts	1	1	1	1	2	2	1	1	1	2	2	1	1	1	1	1	1	1	1	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	1	1	2	2	1	1	1	2	2	1	1	1	1	1	1	1	1	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	$8.89M	$7.87M	$6.58M	$4.71M	$3.17M	$2.66M	$2.39M	$2.76M	$2.93M	$2.63M	$2.28M	$2.26M	$1.65M	$1.45M	$7.93M	$11.23M	$11.12M	$14.67M	$7.93M	$6.27M	$7.30M	$2.62M	$2.47M	$2.85M	$2.19M	$2.01M
High Forecast	$9.87M	$8.74M	$7.31M	$5.24M	$3.90M	$3.09M	$2.65M	$3.07M	$3.25M	$3.01M	$2.32M	$2.51M	$1.84M	$1.61M	$7.93M	$11.23M	$11.12M	$14.67M	$7.93M	$6.27M	$7.30M	$2.62M	$2.47M	$2.85M	$2.19M	$2.01M
Low Forecast	$8.36M	$7.40M	$6.19M	$4.44M	$2.76M	$2.44M	$2.25M	$2.60M	$2.76M	$2.24M	$2.23M	$2.13M	$1.56M	$1.36M	$7.93M	$11.23M	$11.12M	$14.67M	$7.93M	$6.27M	$7.30M	$2.62M	$2.47M	$2.85M	$2.19M	$2.01M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	1.13%	-	-5.48%	1.06%	-4.41%	-1.17%	5.49%	8.80%	4.12%	2.70%	1.61%	1.92%	-3.61%	-2.05%	0.85%

2 analysts predict HIVE's average Quarter EBITDA for Sep 23 to be $2.28M, with a high of $2.32M and a low of $2.23M. This is -10.92% lower 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	1	1	2	2	1	1	1	2	2	1	1	1	1	1	1	1	1	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	$18.82M	$14.26M	$9.69M	$1.14M	$-8.56M	$-10.72M	$-11.41M	$-760.38K	$-16.54M	$-26.23M	$-22.24M	$-22.24M	$-33.07M	$-124.32M	$-22.24M	$-131.16M	$22.23M	$58.69M	$74.78M	$18.88M	$33.05M	-	$-5.70M	-	-	$-22.81M
High Forecast	$21.53M	$16.31M	$11.09M	$1.30M	$-8.35M	$-8.04M	$-10.53M	$-702.04K	$-15.27M	$-10.49M	$-19.90M	$-20.53M	$-30.54M	$-114.78M	$-22.24M	$-131.16M	$22.23M	$58.69M	$89.74M	$18.88M	$33.05M	-	$-5.70M	-	-	$-22.81M
Low Forecast	$17.37M	$13.16M	$8.95M	$1.05M	$-8.76M	$-13.40M	$-13.05M	$-870.03K	$-18.92M	$-41.97M	$-25.75M	$-25.45M	$-37.84M	$-142.24M	$-22.24M	$-131.16M	$22.23M	$58.69M	$59.83M	$18.88M	$33.05M	-	$-5.70M	-	-	$-22.81M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.73%	-	0.72%	1.67%	0.73%	-2.53%	1.07%	0.80%	0.98%	0.43%	-	-0.59%	-	-	0.38%

HIVE Blockchain's average Quarter net income forecast for Mar 22 is $22.23M, with a range of $22.23M to $22.23M. HIVE's average Quarter net income forecast represents a -64.67% 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	1	1	2	2	1	1	1	2	2	1	1	1	1	1	1	1	1	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	$12.37M	$10.95M	$9.16M	$6.56M	$4.41M	$3.70M	$3.33M	$3.84M	$4.08M	$3.66M	$3.17M	$3.15M	$2.30M	$2.02M	$4.15M	$5.88M	$5.83M	$7.68M	$5.14M	$3.28M	$3.82M	$1.37M	$1.29M	$1.49M	$1.15M	$1.05M
High Forecast	$13.74M	$12.16M	$10.18M	$7.29M	$5.43M	$4.30M	$3.69M	$4.27M	$4.53M	$4.19M	$3.23M	$3.50M	$2.56M	$2.24M	$4.15M	$5.88M	$5.83M	$7.68M	$6.17M	$3.28M	$3.82M	$1.37M	$1.29M	$1.49M	$1.15M	$1.05M
Low Forecast	$11.64M	$10.30M	$8.62M	$6.18M	$3.85M	$3.40M	$3.13M	$3.62M	$3.84M	$3.12M	$3.11M	$2.97M	$2.17M	$1.90M	$4.15M	$5.88M	$5.83M	$7.68M	$4.11M	$3.28M	$3.82M	$1.37M	$1.29M	$1.49M	$1.15M	$1.05M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	1.30%	-	2.88%	1.25%	0.67%	0.89%	0.59%	0.80%	1.36%	0.97%	0.92%	0.92%	0.93%	6.73%	5.71%

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	1	1	2	2	1	1	1	2	2	1	1	1	1	1	1	1	1	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	$0.17	$0.13	$0.09	$0.01	$-0.08	$-0.09	$-0.10	$-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	$0.19	$0.14	$0.10	$0.01	$-0.07	$-0.07	$-0.09	$-0.01	$-0.13	$-0.09	$-0.17	$-0.18	$-0.27	$-1.01	$-0.20	$-1.15	$0.19	$0.51	$0.21	$0.17	$0.29	-	$-0.05	-	-	$-0.20
Low Forecast	$0.15	$0.12	$0.08	$0.01	$-0.08	$-0.12	$-0.11	$-0.01	$-0.17	$-0.37	$-0.23	$-0.22	$-0.33	$-1.25	$-0.20	$-1.15	$0.19	$0.51	$0.21	$0.17	$0.29	-	$-0.05	-	-	$-0.20
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 1 Wall Street analysts, HIVE Blockchain's projected average Quarter EPS for Mar 22 is $0.19, with a low estimate of $0.19 and a high estimate of $0.19. 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
BITF	Bitfarms	$2.11	$4.26	101.90%	Buy
CLSK	CleanSpark	$13.98	$25.33	81.19%	Buy
HIVE	HIVE Blockchain	$4.31	$6.50	50.81%	Buy
BTBT	Bit Digital	$4.38	$6.50	48.40%	Buy
MARA	Marathon Digital	$20.79	$29.25	40.69%	Buy
RIOT	Riot Blockchain	$11.87	$16.56	39.51%	Buy
WULF	TeraWulf	$6.95	$7.08	1.87%	Buy
HUT	Hut 8 Mining	$23.14	$14.90	-35.61%	Buy

HIVE Forecast FAQ

Is HIVE Blockchain a good buy?

Yes, according to 4 Wall Street analysts, HIVE Blockchain (HIVE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of HIVE's total ratings.

What is HIVE's price target?

HIVE Blockchain (HIVE) average price target is $6.5 with a range of $5 to $9, implying a 50.81% from its last price of $4.31. The data is based on 4 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 50.81% (from the last price of $4.31 to the average price target of $6.5), up by 108.82% based on the highest stock price target, and up by 16.01% based on the lowest stock price target.

Can HIVE Blockchain stock reach $6?

HIVE's average twelve months analyst stock price target of $6.5 supports the claim that HIVE Blockchain can reach $6 in the near future.

What is HIVE Blockchain's current price target trend?

1 Wall Street analyst forecast a $9 price target for HIVE Blockchain (HIVE) this month, up 108.82% from its last price of $4.31. Compared to the last 3 and 12 months, the average price target increased by 50.81% and increased by 36.43%, respectively.

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 $114.74M (high $132.89M, low $105.07M), average EBITDA is $10.97M (high $12.71M, low $10.05M), average net income is $-31.442M (high $-27.625M, low $-36.08M), average SG&A $15.28M (high $17.69M, low $13.99M), and average EPS is $-0.276 (high $-0.242, low $-0.316). HIVE's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $293.29M (high $325.82M, low $275.98M), average EBITDA is $28.05M (high $31.16M, low $26.39M), average net income is $43.91M (high $50.24M, low $40.54M), average SG&A $39.05M (high $43.38M, low $36.75M), and average EPS is $0.385 (high $0.441, low $0.355).

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 $39.99M by 265.87%. The company's net income was $79.62M, missing the average estimation of $174.58M by -54.39%. Apple's SG&A was $16.45M, missing the average forecast of $21.93M by -25.02%. 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, beating the average prediction of $2.26M by 12.89%. 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%