B. Riley Equities Analysts Lift Earnings Estimates for HIVE

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Stock analysts at B. Riley lifted their FY2025 EPS estimates for HIVE Digital Technologies in a report released on Wednesday, December 18th. B. Riley analyst L. Pipes now forecasts that the company will post earnings per share of ($0.32) for the year, up from their previous estimate of ($0.33). The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.33) per share. B. Riley also issued estimates for HIVE Digital Technologies’ Q4 2025 earnings at ($0.07) EPS and FY2027 earnings at $0.39 EPS.

A number of other equities research analysts have also issued reports on HIVE. Roth Capital upgraded HIVE Digital Technologies to a “strong-buy” rating in a research note on Wednesday, December 18th. HC Wainwright reissued a “buy” rating and set a $8.00 target price on shares of HIVE Digital Technologies in a research note on Tuesday, December 3rd. Roth Mkm initiated coverage on HIVE Digital Technologies in a research note on Thursday. They issued a “buy” rating and a $7.50 price target for the company. Canaccord Genuity Group boosted their target price on shares of HIVE Digital Technologies from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $9.00 price target on shares of HIVE Digital Technologies in a research note on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, six have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $7.42.

HIVE Digital Technologies Stock Performance

Shares of NASDAQ HIVE opened at $3.13 on Monday. The stock has a market cap of $429.75 million, a PE ratio of -22.36 and a beta of 3.39. HIVE Digital Technologies has a 1 year low of $2.18 and a 1 year high of $5.74. The firm has a fifty day moving average price of $3.97 and a 200-day moving average price of $3.47. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.56 and a quick ratio of 5.56.

HIVE Digital Technologies (NASDAQ:HIVE) last announced its quarterly earnings data 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 company had revenue of $22.65 million during the quarter, compared to the consensus estimate of $25.32 million. During the same period in the previous year, the company posted ($0.29) EPS.

Institutional Investors Weigh In On HIVE Digital Technologies

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

About HIVE Digital Technologies

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.