HIVE stock jumps after Cantor Fitzgerald boosts price target

HIVE Digital could soon generate a staggering $3 billion in annual recurring revenue—nearly 20 times current 2027 estimates—simply by filling its new 320-megawatt AI gigafactory. This massive leap assumes a single cloud deal can finance the entire project, despite HIVE’s historical struggle with power access. Can a crypto-miner really pivot this fast to dominate the AI infrastructure market, or is a 2,000% revenue jump just hype? Is this valuation realistic or a total reach?
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