Roth Capital Has Bullish Estimate for HIVE Q4 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Equities researchers at Roth Capital lifted their Q4 2026 EPS estimates for HIVE Digital Technologies in a report released on Monday, January 6th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings of $0.03 per share for the quarter, up from their prior estimate of $0.02. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.33) per share.

HIVE has been the topic of several other reports. Northland Securities lifted their price objective on shares of HIVE Digital Technologies from $5.50 to $7.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. Northland Capmk raised HIVE Digital Technologies to a “strong-buy” rating in a research report on Thursday, September 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $9.00 price objective on shares of HIVE Digital Technologies in a research report on Tuesday, November 19th. 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, HC Wainwright restated a “buy” rating and issued a $8.00 price target on shares of HIVE Digital Technologies in a report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $7.42.

HIVE Digital Technologies Trading Down 0.3 %

NASDAQ HIVE opened at $3.12 on Wednesday. HIVE Digital Technologies has a one year low of $2.18 and a one year high of $5.54. The company has a debt-to-equity ratio of 0.06, a quick ratio of 5.56 and a current ratio of 5.56. The company has a market capitalization of $437.39 million, a price-to-earnings ratio of -22.28 and a beta of 3.46. The company’s 50-day simple moving average is $3.80 and its two-hundred day simple moving average is $3.47.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in HIVE. Lifeworks Advisors LLC acquired a new stake in HIVE Digital Technologies during the 3rd quarter valued at approximately $35,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of HIVE Digital Technologies during the second quarter worth $36,000. Gladstone Institutional Advisory LLC acquired a new position in HIVE Digital Technologies during the third quarter valued at $44,000. Quadrature Capital Ltd purchased a new stake in HIVE Digital Technologies in the third quarter valued at $50,000. Finally, Wellington Management Group LLP purchased a new stake in HIVE Digital Technologies in the third quarter valued at $120,000. Hedge funds and other institutional investors 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.