Equities Analysts Offer Predictions for HIVE Q1 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Equities research analysts at HC Wainwright issued their Q1 2026 earnings estimates for shares of HIVE Digital Technologies in a report released on Thursday, November 14th. HC Wainwright analyst M. Colonnese forecasts that the company will post earnings of ($0.03) per share for the quarter. HC Wainwright currently has a "Buy" rating and a $8.00 target price on the stock. The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.28) per share. HC Wainwright also issued estimates for HIVE Digital Technologies' Q2 2026 earnings at $0.00 EPS, Q3 2026 earnings at $0.04 EPS and FY2026 earnings at $0.04 EPS.

HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last announced its earnings results on Tuesday, November 12th. The company reported ($0.06) earnings per share for the quarter, beating analysts' consensus estimates 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 business had revenue of $22.65 million during the quarter, compared to the consensus estimate of $25.32 million. During the same quarter last year, the firm earned ($0.29) earnings per share.

HIVE has been the topic of several other reports. Northland Securities increased their price objective on shares of HIVE Digital Technologies from $5.50 to $7.00 and gave the company an "outperform" rating in a research report on Thursday. B. Riley initiated coverage on shares of HIVE Digital Technologies in a research report on Friday, July 19th. They set a "buy" rating and a $6.00 price target for the company. Canaccord Genuity Group upped their price objective on HIVE Digital Technologies from $6.00 to $7.00 and gave the company a "buy" rating in a research report on Thursday. Northland Capmk raised HIVE Digital Technologies to a "strong-buy" rating in a report on Thursday, September 19th. Finally, Cantor Fitzgerald started coverage on HIVE Digital Technologies in a report on Tuesday, October 29th. They set an "overweight" rating and a $9.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $7.17.

HIVE Digital Technologies Stock Up 3.0 %

HIVE stock traded up $0.13 on Friday, reaching $4.43. 5,598,784 shares of the company traded hands, compared to its average volume of 3,567,326. The firm has a fifty day simple moving average of $3.51 and a 200-day simple moving average of $3.20. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.56 and a quick ratio of 7.35. The company has a market cap of $561.84 million, a P/E ratio of -31.64 and a beta of 3.43. HIVE Digital Technologies has a one year low of $2.18 and a one year high of $5.74.

Hedge Funds Weigh In On HIVE Digital Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the company. Wellington Management Group LLP bought a new position in HIVE Digital Technologies in the third quarter valued at about $120,000. State Street Corp lifted its stake in shares of HIVE Digital Technologies by 2.9% in the 3rd quarter. State Street Corp now owns 3,214,101 shares of the company's stock worth $10,060,000 after purchasing an additional 91,056 shares during the period. Quadrature Capital Ltd purchased a new position in shares of HIVE Digital Technologies in the third quarter worth approximately $50,000. Centiva Capital LP purchased a new position in shares of HIVE Digital Technologies in the third quarter worth approximately $235,000. Finally, Charles Schwab Investment Management Inc. grew its position in HIVE Digital Technologies by 48.4% during the third 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. 24.42% of the stock is currently owned by hedge funds and other institutional investors.

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.