Rosenblatt and Canaccord cut HIVE Digital price targets but keep Buy ratings
According to TradingView, Rosenblatt lowered its HIVE Digital target to $5 from $6, while Canaccord Genuity cut its target to $6 from $10. Both kept Buy ratings.
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what happened
Rosenblatt kept its Buy rating on HIVE Digital Technologies shares but reduced its price target from $6 to $5, a cut of 16.7%. According to TradingView, which cites Benzinga data, that target implies a 99.2% upside from the November 11 closing price of $2.51.
Canaccord Genuity also retained its Buy rating, but made a steeper reduction, lowering its target from $10 to $6, or 40%. That target implies a 139.0% upside from the same closing price. Per the same source, targets in the most recent notes over the past 30 days ranged from $5 to $7.
why it matters
HIVE Digital is a publicly traded bitcoin miner, so its shares tend to be sensitive to the BTC price, network difficulty and electricity costs that shape mining margins. The lower targets reflect analysts revising their valuations, and the notes themselves do not report new data on the company's output or costs.
tags
instruments
sources
- Rosenblatt maintains HIVE Digital Technologies at Buy, lowers price target to $5 from $6 — TradingView, 12 November 2026 at 12:54 UTC
- Canaccord Genuity maintains HIVE Digital Technologies at Buy, lowers price target to $6 from $10 — TradingView, 12 November 2026 at 13:14 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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