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Analysts Remain Bullish on HIVE Digital Technologies (HIVE) As Company Expands AI Compute and Infrastructure Strategy

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) earns a place on our list of the best blockchain infrastructure stocks according to analysts.

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) enjoys the confidence of approximately 90% of covering analysts, who remain bullish on the stock as of March 17, 2026. The consensus price target of $5.50 implies an upside potential of roughly 150% amid the company’s expanding AI compute and infrastructure strategy.

Amid the positive analyst sentiment, HIVE Digital Technologies Ltd. (NASDAQ:HIVE) unveiled a strategic partnership on March 13, 2026. In collaboration with AMC Robotics Corporation, the company will advance AI-driven robotics compute infrastructure. Based on the deal, AMC Robotics will utilize Hive’s GPU-based AI cloud infrastructure to support the development, testing, and deployment of robotics applications. Together, both companies will explore opportunities across AI optimization, data processing, and infrastructure scalability.

Earlier, analysts at Rosenblatt revisited HIVE Digital Technologies Ltd. (NASDAQ:HIVE), extracting confidence from the company’s expansion into Paraguay, which has strengthened its mining business despite hash price headwinds. The firm also believes the company is well-positioned to navigate the challenging environment, thanks to improved hash costs and increased scale. Meanwhile, the firm adjusted its price target on the stock, basing it on 11x the firm’s fiscal 2028 adjusted EBITDA estimate. Rosenblatt trimmed its price target on the stock from $6.50 to $4.50, while reiterating a “Buy” rating in mid February.

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) leverages green energy to power data centers and cryptocurrency mining facilities. The company is also expanding GPU-based AI computing infrastructure to serve enterprise workloads across blockchain, AI, and high-performance computing markets.

While we acknowledge the risk and potential of HIVE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HIVE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

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