5 Most Promising Blockchain Stocks According to Analysts

3. HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE)

Number of Hedge Fund Holders: 1

Average Upside Potential as of February 15: 69.97%

HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE) is a North American cryptocurrency mining company. The company has operations in Canada, Sweden, and Iceland. HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE) provides investors with exposure to the high growth potential of the blockchain industry, giving them an opportunity to capitalize on the potential of its innovative blockchain solutions.

Over the past 3 months, HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE) has received 2 Buy ratings from Wall Street analysts and has a high price target of $7. The stock has an average price target of $6, which represents an upside of 69.97% from its closing price on February 15. HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE) is one of the most promising blockchain stocks to invest in according to analysts.

On January 31, H.C. Wainwright analyst Mike Colonnese started coverage of Hive Blockchain Technologies Ltd. (NASDAQ:HIVE) with a Buy rating and a $5 price target.