HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Investment analysts at Roth Capital increased their FY2025 EPS estimates for shares of HIVE Digital Technologies in a research report issued on Monday, January 6th. Roth Capital analyst D. Aftahi now anticipates that the company will earn ($0.38) per share for the year, up from their prior estimate of ($0.39). Roth Capital currently has a "Strong-Buy" rating on the stock. The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.33) per share. Roth Capital also issued estimates for HIVE Digital Technologies' Q1 2026 earnings at ($0.07) EPS, Q3 2026 earnings at ($0.03) EPS, FY2027 earnings at $0.16 EPS and FY2028 earnings at ($0.07) EPS.
HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last posted its earnings results 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 return on equity of 10.78% and a negative net margin of 12.04%. The firm had revenue of $22.65 million for the quarter, compared to the consensus estimate of $25.32 million. During the same quarter in the prior year, the business posted ($0.29) earnings per share.
Other equities analysts have also issued reports about the stock. StockNews.com upgraded shares of HIVE Digital Technologies to a "sell" rating in a research report on Tuesday, December 3rd. Canaccord Genuity Group raised their price target on shares of HIVE Digital Technologies from $6.00 to $7.00 and gave the company a "buy" rating in a report on Thursday, November 14th. Northland Capmk raised shares of HIVE Digital Technologies to a "strong-buy" rating in a report on Thursday, September 19th. Cantor Fitzgerald reissued an "overweight" rating and set a $9.00 price objective on shares of HIVE Digital Technologies in a research note on Tuesday, November 19th. Finally, HC Wainwright restated a "buy" rating and set a $8.00 target price on shares of HIVE Digital Technologies in a research report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $7.42.
View Our Latest Analysis on HIVE Digital Technologies
HIVE Digital Technologies Price Performance
NASDAQ HIVE traded down $0.01 during trading hours on Thursday, hitting $3.12. The company had a trading volume of 10,170,886 shares, compared to its average volume of 11,599,647. The company has a debt-to-equity ratio of 0.06, a quick ratio of 5.56 and a current ratio of 5.56. The firm has a market capitalization of $437.39 million, a price-to-earnings ratio of -22.28 and a beta of 3.46. HIVE Digital Technologies has a 52 week low of $2.18 and a 52 week high of $5.54. The firm has a 50 day simple moving average of $3.79 and a 200 day simple moving average of $3.47.
Institutional Investors Weigh In On HIVE Digital Technologies
Hedge funds have recently added to or reduced their stakes in the company. Lifeworks Advisors LLC purchased a new position in shares of HIVE Digital Technologies during the 3rd quarter valued at about $35,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of HIVE Digital Technologies during the second quarter worth approximately $36,000. Gladstone Institutional Advisory LLC bought a new stake in shares of HIVE Digital Technologies in the 3rd quarter worth approximately $44,000. Quadrature Capital Ltd purchased a new stake in shares of HIVE Digital Technologies in the 3rd quarter valued at $50,000. Finally, Wellington Management Group LLP bought a new position in shares of HIVE Digital Technologies during the 3rd quarter valued at $120,000. Institutional investors 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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