Equities Analysts Offer Predictions for HIVE Q4 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Investment analysts at Roth Capital raised their Q4 2026 earnings estimates for shares of HIVE Digital Technologies in a report released on Monday, January 6th. Roth Capital analyst D. Aftahi now anticipates that the company will earn $0.03 per share for the quarter, up from their prior forecast of $0.02. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.33) per share.

HIVE Digital Technologies (NASDAQ:HIVE) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.03. The firm had revenue of $22.65 million during the quarter, compared to the consensus estimate of $25.32 million. HIVE Digital Technologies had a negative net margin of 12.04% and a negative return on equity of 10.78%. During the same period in the prior year, the firm posted ($0.29) earnings per share.

Other equities analysts have also recently issued reports about the company. Roth Mkm assumed coverage on HIVE Digital Technologies in a research note on Thursday, December 19th. They set a “buy” rating and a $7.50 target price on the stock. Northland Capmk raised shares of HIVE Digital Technologies to a “strong-buy” rating in a research report on Thursday, September 19th. Cantor Fitzgerald restated an “overweight” rating and issued a $9.00 price objective on shares of HIVE Digital Technologies in a report on Tuesday, November 19th. Canaccord Genuity Group lifted their target price on shares of HIVE Digital Technologies from $6.00 to $7.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Finally, HC Wainwright reissued a “buy” rating and issued a $8.00 price target on shares of HIVE Digital Technologies in a research note on Tuesday, December 3rd. One analyst has rated the stock with a sell rating, six have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $7.42.

HIVE Digital Technologies Stock Down 6.6 %

Shares of NASDAQ:HIVE opened at $3.13 on Wednesday. HIVE Digital Technologies has a 1 year low of $2.18 and a 1 year high of $5.54. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.56 and a quick ratio of 5.56. The stock’s 50-day moving average is $3.82 and its 200 day moving average is $3.47. The company has a market cap of $438.79 million, a PE ratio of -22.36 and a beta of 3.46.

Institutional Investors Weigh In On HIVE Digital Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp lifted its position in HIVE Digital Technologies by 2.9% in the 3rd quarter. State Street Corp now owns 3,214,101 shares of the company’s stock valued at $10,060,000 after acquiring an additional 91,056 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of HIVE Digital Technologies by 48.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 325,216 shares of the company’s stock valued at $1,018,000 after buying an additional 106,103 shares during the period. XTX Topco Ltd purchased a new position in shares of HIVE Digital Technologies in the 3rd quarter worth $463,000. Centiva Capital LP bought a new stake in shares of HIVE Digital Technologies in the third quarter worth $235,000. Finally, Virtu Financial LLC grew its holdings in shares of HIVE Digital Technologies by 527.9% in the third quarter. Virtu Financial LLC now owns 71,990 shares of the company’s stock worth $225,000 after acquiring an additional 60,524 shares during the period. Hedge funds and other institutional investors own 24.42% of the company’s stock.

HIVE Digital Technologies Company Profile

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.