HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Analysts at Northland Capmk boosted their Q3 2026 EPS estimates for HIVE Digital Technologies in a research note issued to investors on Wednesday, January 29th. Northland Capmk analyst M. Grondahl now anticipates that the company will earn $0.08 per share for the quarter, up from their previous forecast of $0.05. The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.34) per share.
HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.03. HIVE Digital Technologies had a negative net margin of 12.04% and a negative return on equity of 10.78%. The company had revenue of $22.65 million during the quarter, compared to analyst estimates of $25.32 million. During the same quarter in the prior year, the business earned ($0.29) earnings per share.
Several other research analysts also recently weighed in on the stock. Cantor Fitzgerald restated an "overweight" rating and issued a $9.00 target price on shares of HIVE Digital Technologies in a research note on Tuesday, November 19th. HC Wainwright restated a "buy" rating and issued a $8.00 target price on shares of HIVE Digital Technologies in a research note on Wednesday. Keefe, Bruyette & Woods assumed coverage on shares of HIVE Digital Technologies in a research note on Wednesday, January 8th. They issued an "outperform" rating for the company. Canaccord Genuity Group upped 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, StockNews.com upgraded shares of HIVE Digital Technologies to a "sell" rating in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $7.42.
Read Our Latest Analysis on HIVE
HIVE Digital Technologies Stock Down 4.9 %
Shares of HIVE stock traded down $0.15 on Thursday, hitting $2.93. The stock had a trading volume of 15,803,968 shares, compared to its average volume of 11,136,694. The firm has a market capitalization of $427.26 million, a price-to-earnings ratio of -20.93 and a beta of 3.46. The stock's 50 day moving average is $3.38 and its 200-day moving average is $3.44. The company has a debt-to-equity ratio of 0.06, a quick ratio of 5.56 and a current ratio of 5.56. HIVE Digital Technologies has a 52-week low of $2.18 and a 52-week high of $5.54.
Institutional Trading of HIVE Digital Technologies
A number of large investors have recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC acquired a new position in HIVE Digital Technologies during the 2nd quarter valued at about $36,000. Gladstone Institutional Advisory LLC acquired a new position in HIVE Digital Technologies during the 3rd quarter valued at about $44,000. Lifeworks Advisors LLC acquired a new position in HIVE Digital Technologies during the 3rd quarter valued at about $35,000. Charles Schwab Investment Management Inc. increased its stake in 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. Finally, Centiva Capital LP acquired a new position in HIVE Digital Technologies during the 3rd quarter valued at about $235,000. Institutional investors and hedge funds own 24.42% of the company's stock.
About HIVE Digital Technologies
(
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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.
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