Northland Capmk Has Positive Estimate for HIVE Q3 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Equities researchers at Northland Capmk lifted their Q3 2026 earnings per share (EPS) estimates for shares of HIVE Digital Technologies in a report released on Wednesday, January 29th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of $0.08 for the quarter, up from their previous estimate of $0.05. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.34) per share.

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

HIVE has been the topic of a number of other research reports. Northland Securities increased their price objective on HIVE Digital Technologies from $5.50 to $7.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. Keefe, Bruyette & Woods assumed coverage on shares of HIVE Digital Technologies in a report on Wednesday, January 8th. They issued an “outperform” rating on the stock. Roth Mkm began coverage on shares of HIVE Digital Technologies in a research note on Thursday, December 19th. They set a “buy” rating and a $7.50 price objective for the company. Canaccord Genuity Group upped 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, HC Wainwright reissued a “buy” rating and issued a $8.00 price target on shares of HIVE Digital Technologies in a report on Wednesday. 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. Based on data from MarketBeat.com, HIVE Digital Technologies currently has a consensus rating of “Buy” and a consensus price target of $7.42.

HIVE Digital Technologies Trading Up 7.3 %

NASDAQ:HIVE opened at $3.08 on Thursday. The company has a market cap of $444.32 million, a P/E ratio of -22.00 and a beta of 3.46. HIVE Digital Technologies has a 1 year low of $2.18 and a 1 year high of $5.54. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.56 and a quick ratio of 5.56. The stock’s fifty day moving average price is $3.41 and its two-hundred day moving average price is $3.45.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Lifeworks Advisors LLC purchased a new position in shares of HIVE Digital Technologies in the 3rd quarter worth about $35,000. Vanguard Personalized Indexing Management LLC purchased a new stake in HIVE Digital Technologies in the second quarter worth approximately $36,000. Gladstone Institutional Advisory LLC purchased a new stake in HIVE Digital Technologies in the third quarter worth approximately $44,000. Quadrature Capital Ltd bought a new position in HIVE Digital Technologies during the third quarter valued at approximately $50,000. Finally, Tobam raised its stake in shares of HIVE Digital Technologies by 198.6% during the fourth quarter. Tobam now owns 19,060 shares of the company’s stock worth $54,000 after acquiring an additional 12,676 shares in the last quarter. Institutional investors own 24.42% of the company’s stock.

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.