Cantor Fitzgerald has reduced its price target for Hive Digital Technologies (NASDAQ:HIVE) to $5.00 from $7.50, citing deteriorating Bitcoin mining economics and lower Bitcoin price assumptions, while maintaining an Overweight rating. Despite record Q3 fiscal 2026 revenue and increased hashrate, the company remains unprofitable. Other analysts, Rosenblatt and H.C. Wainwright, also adjusted their price targets for Hive Digital.
Cantor cuts Hive Digital stock price target on Bitcoin headwinds By Investing.com
Cantor Fitzgerald has reduced its price target for Hive Digital Technologies (NASDAQ:HIVE) to $5.00 from $7.50, citing deteriorating Bitcoin mining economics and lower Bitcoin price assumptions, while maintaining an Overweight rating. Despite record Q3 fiscal 2026 revenue and increased hashrate, the company remains unprofitable. Other analysts, Rosenblatt and H.C. Wainwright, also adjusted their price targets for Hive Digital.