Roth Capital Has Positive Estimate for HIVE Q4 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Stock analysts at Roth Capital increased their Q4 2026 earnings per share estimates for shares of HIVE Digital Technologies in a research report issued to clients and investors on Monday, January 6th. Roth Capital analyst D. Aftahi now forecasts that the company will post earnings of $0.03 per share for the quarter, up from their prior estimate 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.

A number of other equities research analysts have also issued reports on the company. Canaccord Genuity Group boosted their target price on HIVE Digital Technologies from $6.00 to $7.00 and gave the stock a "buy" rating in a research report on Thursday, November 14th. Northland Securities boosted their target price on HIVE Digital Technologies from $5.50 to $7.00 and gave the company an "outperform" rating in a research note on Thursday, November 14th. Cantor Fitzgerald restated an "overweight" rating and set a $9.00 price target on shares of HIVE Digital Technologies in a report 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 report on Tuesday, December 3rd. Finally, Northland Capmk upgraded shares of HIVE Digital Technologies to a "strong-buy" rating in a report on Thursday, September 19th. One investment analyst has rated the stock with a sell rating, seven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, HIVE Digital Technologies presently has an average rating of "Buy" and a consensus price target of $7.42.

HIVE Digital Technologies Price Performance

Shares of NASDAQ HIVE traded down $0.01 during midday trading on Wednesday, reaching $3.12. The company's stock had a trading volume of 10,170,886 shares, compared to its average volume of 11,599,647. HIVE Digital Technologies has a one year low of $2.18 and a one year high of $5.54. The company has a 50 day moving average price of $3.80 and a 200 day moving average price of $3.47. The company has a market cap of $437.39 million, a price-to-earnings ratio of -22.28 and a beta of 3.46. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 0.06.

HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $25.32 million. During the same period last year, the company posted ($0.29) EPS.

Hedge Funds Weigh In On HIVE Digital Technologies

Hedge funds have recently made changes to their positions in the business. XTX Topco Ltd acquired a new position in HIVE Digital Technologies during the third quarter worth $463,000. Charles Schwab Investment Management Inc. raised its stake in shares of 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 worth $1,018,000 after buying an additional 106,103 shares during the last quarter. State Street Corp raised its position in shares of HIVE Digital Technologies by 2.9% during 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 during the last quarter. Centiva Capital LP acquired a new position in shares of HIVE Digital Technologies during the 3rd quarter worth about $235,000. Finally, Virtu Financial LLC grew its holdings in HIVE Digital Technologies by 527.9% during the third quarter. Virtu Financial LLC now owns 71,990 shares of the company's stock valued at $225,000 after purchasing an additional 60,524 shares during the period. Institutional investors and hedge funds 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.