image
HIVE Blockchain Technologies Ltd. HIVE
Financial Services - Financial - Capital Markets - NASDAQ - CA
Watchlist
$ 3.2
1.59 %
$ 413 M
Market Cap
-24.62
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one HIVE stock under the worst case scenario is HIDDEN Compared to the current market price of 3.2 USD, HIVE Blockchain Technologies Ltd. is HIDDEN

HIVE Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one HIVE stock under the base case scenario is HIDDEN Compared to the current market price of 3.2 USD, HIVE Blockchain Technologies Ltd. is HIDDEN

HIVE Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one HIVE stock under the best case scenario is HIDDEN Compared to the current market price of 3.2 USD, HIVE Blockchain Technologies Ltd. is HIDDEN

HIVE Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart HIVE

image
1M 2%
6M -26%
1Y 1%
3Y -238%
5Y 611%
All
FINANCIALS
114 M REVENUE
7.66%
Growth Rates
1Year 7.66%
3Years 4.46%
5Years 47.57%
7Years -5.48%
10Years 0.00%
19.9 M OPERATING INCOME
115.87%
Growth Rates
1Year 115.87%
3Years -32.94%
5Years 19.70%
7Years 132.26%
10Years 59.18%
-51.2 M NET INCOME
78.34%
Growth Rates
1Year 78.34%
3Years -30.13%
5Years 17.96%
7Years -92.36%
10Years -56.47%
13.5 M OPERATING CASH FLOW
-69.79%
Growth Rates
1Year -69.79%
3Years -16.16%
5Years 59.24%
7Years 64.25%
10Years 50.90%
-78.4 M INVESTING CASH FLOW
-91.66%
Growth Rates
1Year -91.66%
3Years -5.44%
5Years -61.60%
7Years -124.38%
10Years -125.93%
70.2 M FINANCING CASH FLOW
1612.27%
Growth Rates
1Year 1612.27%
3Years -3.59%
5Years 129.01%
7Years 91.24%
10Years 75.77%
22.6 M REVENUE
-29.75%
Growth Rates
1Year 7.66%
3Years 4.46%
5Years 47.57%
7Years -5.48%
10Years 0.00%
-4.45 M OPERATING INCOME
-59.26%
Growth Rates
1Year 115.87%
3Years -32.94%
5Years 19.70%
7Years 132.26%
10Years 59.18%
-7.66 M NET INCOME
-235.21%
Growth Rates
1Year 78.34%
3Years -30.13%
5Years 17.96%
7Years -92.36%
10Years -56.47%
-1.37 M OPERATING CASH FLOW
62.62%
Growth Rates
1Year -69.79%
3Years -16.16%
5Years 59.24%
7Years 64.25%
10Years 50.90%
-18.9 M INVESTING CASH FLOW
-108.73%
Growth Rates
1Year -91.66%
3Years -5.44%
5Years -61.60%
7Years -124.38%
10Years -125.93%
1.85 M FINANCING CASH FLOW
-93.54%
Growth Rates
1Year 1612.27%
3Years -3.59%
5Years 129.01%
7Years 91.24%
10Years 75.77%
Balance Sheet HIVE Blockchain Technologies Ltd.
image
Current Assets 185 M
Cash & Short-Term Investments 16.7 M
Receivables 6.92 M
Other Current Assets 162 M
Non-Current Assets 122 M
Long-Term Investments 0
PP&E 104 M
Other Non-Current Assets 18.5 M
Current Liabilities 27.4 M
Accounts Payable 7.47 M
Short-Term Debt 12.6 M
Other Current Liabilities 7.29 M
Non-Current Liabilities 20.5 M
Long-Term Debt 18 M
Other Non-Current Liabilities 2.54 M
EFFICIENCY
Earnings Waterfall HIVE Blockchain Technologies Ltd.
image
Revenue 114 M
Cost Of Revenue 74.1 M
Gross Profit 40.4 M
Operating Expenses 20.5 M
Operating Income 19.9 M
Other Expenses 71.1 M
Net Income -51.2 M
RATIOS
35.29% GROSS MARGIN
35.29%
Averages
1Year 35.29%
3Years 16.62%
5Years 25.49%
7Years -14.48%
10Years 10.02%
17.42% OPERATING MARGIN
17.42%
Averages
1Year 17.42%
3Years -21.07%
5Years -1.53%
7Years -53.14%
10Years -37.21%
-44.73% NET MARGIN
-44.73%
Averages
1Year -44.73%
3Years -76.47%
5Years -38.54%
7Years -195.67%
10Years -137.08%
-19.72% ROE
-19.72%
Averages
1Year -19.72%
3Years -52.71%
5Years -26.87%
7Years -111.37%
10Years -71.04%
-16.65% ROA
-16.65%
Averages
1Year -16.65%
3Years -39.86%
5Years -20.29%
7Years -87.73%
10Years -149.77%
8.04% ROIC
8.04%
Averages
1Year 8.04%
3Years -15.34%
5Years -6.89%
7Years -30.68%
10Years -20.93%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis HIVE Blockchain Technologies Ltd.
image
Net Income -51.2 M
Depreciation & Amortization 65.9 M
Capital Expenditures -79.3 M
Stock-Based Compensation 7.25 M
Change in Working Capital 96.6 M
Others -14.7 M
Free Cash Flow -65.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets HIVE Blockchain Technologies Ltd.
image
Wall Street analysts predict an average 1-year price target for HIVE of $6.2 , with forecasts ranging from a low of $4 to a high of $9 .
HIVE Lowest Price Target Wall Street Target
4 USD 25.00%
HIVE Average Price Target Wall Street Target
6.2 USD 93.75%
HIVE Highest Price Target Wall Street Target
9 USD 181.25%
4. DIVIDEND ANALYSIS
5. COMPETITION

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees.

image
-10.5 USD
BITF
Overvalued 723.51%

CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin.

image
-440 USD
CLSK
Overvalued 3810.83%

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States.

image
-146 USD
MARA
Overvalued 835.31%

Riot Blockchain, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments.

image
-128 USD
RIOT
Overvalued 1059.58%

Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. The company engages in industrial scale bitcoin mining operations.

image
-45 USD
HUT
Overvalued 267.17%

Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities.

image
-49.7 USD
BTBT
Overvalued 1450.43%

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites.

image
-21.5 USD
WULF
Overvalued 435.84%
6. Ownership
Insider Ownership HIVE Blockchain Technologies Ltd.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
5 years ago
Mar 04, 2019
Sell 61.4 K USD
DEBENHAM STEPHEN
VP, Gen. Counsel & Secretary
- 12960
 4.7338 USD
6 years ago
Dec 13, 2018
Sell 17.7 K USD
SCHAEPE CHRISTOPHER J
Director
- 5094
 3.4675 USD
6 years ago
Dec 14, 2018
Sell 17.6 K USD
SCHAEPE CHRISTOPHER J
Director
- 5098
 3.4463 USD
6 years ago
Dec 04, 2018
Sell 54.7 K USD
DEBENHAM STEPHEN
VP, Gen. Counsel & Secretary
- 15112
 3.62 USD
7 years ago
May 16, 2017
Bought 43.2 K USD
Ritchie John
SVP, CFO & COO
+ 10000
 4.316 USD
7 years ago
May 15, 2017
Bought 43.1 K USD
Ritchie John
SVP, CFO & COO
+ 10000
 4.306 USD
7. News
Hive Digital Technologies' Frank Holmes discusses mining efficiency milestone - ICYMI HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes joined Proactive to discuss the Bitcoin miner's recent efficiency achievement of 6 exahash per second. Looking ahead to 2025, Hive aims to reach 15 exahash per second with in six months, targeting 2% of the global Bitcoin network hash rate. proactiveinvestors.com - 2 weeks ago
HIVE Digital Technologies achieves operational hashrate milestone following Bitcoin mining fleet upgrade HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that it has reached an operational hashrate of 6 Exahashes per second (EH/s), a 47% jump from the end of 2023. The company attributed the achievement to the upgrade of its Bitcoin mining fleet with state-of-the-art Avalon machines from Canaan. proactiveinvestors.com - 2 weeks ago
RETRANSMISSION: HIVE Digital Technologies Achieves Milestone of 6 EH/s of Hashrate Capacity This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia and San Antonio, Texas--(Newsfile Corp. - January 2, 2025) - HIVE Digital Technologies Ltd. newsfilecorp.com - 2 weeks ago
HIVE Digital Technologies Achieves Milestone of 6 EH/s of Hashrate Capacity This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia and San Antonio, Texas--(Newsfile Corp. - January 2, 2025) - HIVE Digital Technologies Ltd. newsfilecorp.com - 2 weeks ago
HIVE Digital Technologies relocates headquarters to Texas HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) is relocating its headquarters from Vancouver to San Antonio, Texas. In a statement, the blockchain technology company said the move is part of its plan to expand its presence in the US market and align with the country's blockchain and cryptocurrency ecosystem. proactiveinvestors.com - 2 weeks ago
RETRANSMISSION: HIVE Digital Technologies Announces Relocation of Head Office to San Antonio, Texas and Transition to US GAAP Reporting This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia and San Antonio, Texas--(Newsfile Corp. - December 31, 2024) - HIVE Digital Technologies Ltd. newsfilecorp.com - 2 weeks ago
HIVE Digital Technologies Announces Relocation of Head Office to San Antonio, Texas and Transition to US GAAP Reporting This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia and San Antonio, Texas--(Newsfile Corp. - December 31, 2024) - HIVE Digital Technologies Ltd. newsfilecorp.com - 2 weeks ago
HIVE Digital Technologies strengthens AI push with NVIDIA GPU deployment in Quebec HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has announced the expansion of its NVIDIA GPU infrastructure through a $30 million investment, which will see the deployment of two advanced GPU clusters in Quebec. The company said the new supercomputing clusters will expand revenue opportunities and enhance its ability to deliver AI solutions, including AI model training, real-time analytics, and generative AI services. proactiveinvestors.com - 3 weeks ago
RETRANSMISSION: HIVE Expands NVIDIA Chip Suite to Power AI Boom with $30 Million H100 and H200 GPU Clusters to be Deployed in Quebec This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia--(Newsfile Corp. - December 24, 2024) - HIVE Digital Technologies Ltd. newsfilecorp.com - 3 weeks ago
HIVE Expands NVIDIA Chip Suite to Power AI Boom with $30 Million H100 and H200 GPU Clusters to be Deployed in Quebec This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia--(Newsfile Corp. - December 24, 2024) - HIVE Digital Technologies Ltd. newsfilecorp.com - 3 weeks ago
HIVE Provides Results from Shareholder Meeting This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - HIVE Digital Technologies Ltd. newsfilecorp.com - 1 month ago
HIVE Digital Technologies grows Bitcoin holdings, expands mining fleet during November HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) reported that it mined 103 Bitcoin in November, increasing its Bitcoin holdings to 2,713 Bitcoin, a 67% year-over-year rise. HIVE said that it maintained an average mining capacity of 5.3 Exahash per Second (EH/s) with fleet efficiency of 22.3 Joules per Terahash (J/TH) and achieved a peak hashrate of 5.7 EH/s. proactiveinvestors.com - 1 month ago
8. Profile Summary

HIVE Blockchain Technologies Ltd. HIVE

image
COUNTRY CA
INDUSTRY Financial - Capital Markets
MARKET CAP $ 413 M
Dividend Yield 0.00%
Description HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It engages in the mining and sale of digital currencies, including Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd. in September 2017. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.
Contact 789 West Pender Street, Vancouver, BC, V6C 1H2 https://www.hiveblockchain.com
IPO Date Feb. 2, 2011
Employees 20
Officers Mr. Luke Rossy Chief Operating Officer Mr. Darcy Daubaras Chief Financial Officer Mr. Gabriel Ibghy General Counsel Mr. William Gray Chief Technology Officer Mr. Aydin Kilic President & Chief Executive Officer Ms. Johanna Thornblad Country President of Sweden Mr. Frank Edward Holmes Executive Chairman Mr. Mario Sergi Chief Information Officer