Northland Capmk Issues Optimistic Forecast for HIVE Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Research analysts at Northland Capmk boosted their Q2 2026 earnings per share estimates for shares of HIVE Digital Technologies in a research note issued on Wednesday, January 29th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings of $0.05 per share for the quarter, up from their previous estimate of $0.01. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.34) per share. Northland Capmk also issued estimates for HIVE Digital Technologies’ Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.20 EPS.

HIVE has been the topic of several other research reports. Keefe, Bruyette & Woods assumed coverage on HIVE Digital Technologies in a research note on Wednesday, January 8th. They issued an “outperform” rating on the stock. HC Wainwright reaffirmed a “buy” rating and issued a $8.00 target price on shares of HIVE Digital Technologies in a research report on Wednesday. Roth Capital raised shares of HIVE Digital Technologies to a “strong-buy” rating in a research report on Wednesday, December 18th. Roth Mkm started coverage on shares of HIVE Digital Technologies in a report on Thursday, December 19th. They issued a “buy” rating and a $7.50 price target on the stock. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $9.00 price objective on shares of HIVE Digital Technologies in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $7.42.

HIVE Digital Technologies Stock Performance

Shares of HIVE stock opened at $2.93 on Friday. 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 company’s fifty day moving average price is $3.38 and its two-hundred day moving average price is $3.44. The firm has a market capitalization of $427.26 million, a P/E ratio of -20.93 and a beta of 3.46. HIVE Digital Technologies has a 12 month low of $2.18 and a 12 month high of $5.54.

HIVE Digital Technologies (NASDAQ:HIVE) last posted 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. The company had revenue of $22.65 million for the quarter, compared to analyst estimates 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 firm posted ($0.29) earnings per share.

Institutional Investors Weigh In On HIVE Digital Technologies

Several institutional investors and hedge funds have recently bought and sold shares of HIVE. Van ECK Associates Corp grew its holdings in shares of HIVE Digital Technologies by 17.9% during the fourth quarter. Van ECK Associates Corp now owns 4,562,489 shares of the company’s stock valued at $13,003,000 after purchasing an additional 692,799 shares during the last quarter. State Street Corp grew its stake in HIVE Digital Technologies by 2.9% during the 3rd quarter. State Street Corp now owns 3,214,101 shares of the company’s stock worth $10,060,000 after buying an additional 91,056 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in HIVE Digital Technologies by 48.4% in 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 period. XTX Topco Ltd bought a new stake in HIVE Digital Technologies in the third quarter valued at $463,000. Finally, Centiva Capital LP acquired a new position in shares of HIVE Digital Technologies during the third quarter valued at $235,000. Institutional investors and hedge funds 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.