HIVE Stock Draws Fresh Buy Rating On AI–Crypto Growth Story

HIVE Digital Technologies Ltd stocks have been trading up by 3.7 percent amid bullish sentiment on crypto-mining sector profitability.

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Key Takeaways

• Chardan initiated coverage of HIVE Digital with a Buy rating and a $7.50 price target, pointing to upside from its bitcoin mining scale and push into AI-focused GPU cloud and colocation.
• A separate Chardan note reiterated the Buy call on HIVE Digital and the same $7.50 target, adding to the bullish narrative around the name.
• Chardan’s $7.50 target sits slightly above the current analyst mean of $7.06, reinforcing an overall Buy consensus on HIVE Digital Technologies and signaling incremental upside expectations.

Live Update At 16:46:51 EDT: On Wednesday, August 12, 2026 HIVE Digital Technologies Ltd stock [NASDAQ: HIVE] is trending up by 3.7%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

HIVE Digital Technologies is trading like a classic high-volatility, story-driven small cap. Over the last few weeks, HIVE has faded from roughly $3.23 on 2026/07/21 down toward the $2.60–$2.80 range, with the latest daily close near $2.74. That’s a notable pullback, but not a collapse. For active traders, it means HIVE is sitting in a discount zone versus the new $7.50 target Chardan just laid out.