This move is archived. Current quotes and coverage live on the stock page.
Follow HIVE
HIVE Digital Technologies Ltd is making waves on the TSX, with a remarkable 5.68% surge in just one trading day.
In the latest trading session, HIVE Digital Technologies Ltd (HIVE.TO) saw its stock price rise by 5.68%, closing at CA$4.84. This increase shows growing investor confidence as the company expands its capabilities in the fast-growing AI and high-performance computing sectors.
Investor takeaway: HIVE's recent acquisition of a Toronto data center and significant investments in NVIDIA technology position it well to benefit from the AI boom, making it a stock to watch for Canadian investors.
HIVE DIGITAL TECHNOLOGIES LTD
HIVE.TO
HIVE.TO
HIVE DIGITAL TECHNOLOGIES LTD
WealthAwesomeMarket cap
$696.66M
52W high
$7.56
52W low
$2.23
1W change
-14.77%
Beta
3.54
Analyst Price Targets
Based on analyst covering HIVE · as of Sep 29, 2026
Wall Street analysts forecast HIVE stock price to rise 420.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$8.48
+420.4% Upside
Current Price
C$1.63
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on HIVE's historical volatility
30-Day Vol
67.8%
Annualized
90-Day Vol
87.8%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$1.92
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2.17 | C$1.71 – C$2.74 |
| 60 trading days | C$2.04 | C$1.47 – C$2.84 |
| 90 trading days | C$1.92 | C$1.28 – C$2.89 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
5.68% Increase in One Day
HIVE's stock price increased from CA$4.58 to CA$4.84, reflecting heightened market interest and confidence in its strategic direction.
Bull case
Acquiring a 7.2 MW data center in Toronto boosts HIVE's operational capabilities, allowing it to better meet the rising demand for AI and high-performance computing services. This strategic move could lead to significant revenue growth soon.
Bear case
However, despite the positive momentum, HIVE's lack of profitability and high operational costs, with a profit margin of -49.85%, may raise concerns among investors about its long-term sustainability.
Recent Developments
HIVE's recent acquisition of a 7.2 MW data center in Toronto marks a significant step in enhancing its AI and high-performance computing capabilities. This move is expected to position HIVE favorably in a competitive market, attracting more clients and partnerships.
Market Reaction
The market responded positively to HIVE's strategic initiatives, leading to a notable increase in its stock price. Investors are optimistic about the company's future, particularly with its focus on expanding its technological infrastructure.
Looking Ahead
As HIVE continues to invest in advanced technologies and expand its operational footprint, investors should keep an eye on its performance metrics. The company's ability to improve its profit margins will be crucial for maintaining investor interest and stock price growth.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
