HC Wainwright Analysts Increase Earnings Estimates for HIVE

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – HC Wainwright increased their Q3 2026 earnings per share estimates for HIVE Digital Technologies in a research note issued on Tuesday, December 3rd. HC Wainwright analyst M. Colonnese now expects that the company will post earnings of $0.05 per share for the quarter, up from their prior estimate of $0.04. 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 ($0.31) per share. HC Wainwright also issued estimates for HIVE Digital Technologies’ Q4 2026 earnings at $0.07 EPS.

HIVE has been the topic of a number of other research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $9.00 target price on shares of HIVE Digital Technologies in a research 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. StockNews.com raised HIVE Digital Technologies to a “sell” rating in a report on Tuesday. Northland Capmk upgraded HIVE Digital Technologies to a “strong-buy” rating in a research report on Thursday, September 19th. Finally, Northland Securities increased their target price on HIVE Digital Technologies from $5.50 to $7.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $7.40.

HIVE Digital Technologies Stock Down 5.5 %

Shares of HIVE Digital Technologies stock opened at $4.10 on Thursday. HIVE Digital Technologies has a 12-month low of $2.18 and a 12-month high of $5.74. The stock has a 50 day moving average price of $3.81 and a two-hundred day moving average price of $3.37. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $536.57 million, a P/E ratio of -29.28 and a beta of 3.39.

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

Institutional Trading of HIVE Digital Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lifeworks Advisors LLC bought a new stake in shares of HIVE Digital Technologies during the third quarter worth approximately $35,000. Vanguard Personalized Indexing Management LLC acquired a new stake in HIVE Digital Technologies during the 2nd quarter worth $36,000. Gladstone Institutional Advisory LLC acquired a new position in shares of HIVE Digital Technologies in the 3rd quarter valued at $44,000. Quadrature Capital Ltd bought a new position in shares of HIVE Digital Technologies in the 3rd quarter worth $50,000. Finally, Wellington Management Group LLP acquired a new stake in shares of HIVE Digital Technologies during the third quarter worth $120,000. 24.42% of the stock is owned by 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.