Equities Analysts Set Expectations for HIVE Q4 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Roth Capital raised their Q4 2026 earnings per share (EPS) estimates for shares of HIVE Digital Technologies in a note issued to investors on Monday, January 6th. Roth Capital analyst D. Aftahi now expects that the company will post earnings per share of $0.03 for the quarter, up from their prior forecast 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 Digital Technologies (NASDAQ:HIVE) last issued its earnings results 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. The company had revenue of $22.65 million during the quarter, compared to analysts’ expectations 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 period in the prior year, the business earned ($0.29) EPS.

A number of other research analysts have also recently commented on HIVE. Roth Mkm began coverage on shares of HIVE Digital Technologies in a research report on Thursday, December 19th. They issued a “buy” rating and a $7.50 target price on the stock. Northland Capmk upgraded shares of HIVE Digital Technologies to a “strong-buy” rating in a report on Thursday, September 19th. Northland Securities lifted their target price 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. Cantor Fitzgerald reissued an “overweight” rating and issued a $9.00 target price on shares of HIVE Digital Technologies in a research report on Tuesday, November 19th. Finally, StockNews.com upgraded HIVE Digital Technologies to a “sell” rating in a research report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, seven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, HIVE Digital Technologies presently has a consensus rating of “Buy” and a consensus price target of $7.42.

HIVE Digital Technologies Stock Performance

NASDAQ HIVE opened at $3.12 on Wednesday. The stock has a fifty day simple moving average of $3.79 and a 200-day simple moving average of $3.47. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 0.06. The stock has a market cap of $437.39 million, a PE ratio of -22.28 and a beta of 3.46. HIVE Digital Technologies has a twelve month low of $2.18 and a twelve month high of $5.54.

Institutional Investors Weigh In On HIVE Digital Technologies

A number of hedge funds have recently bought and sold shares of the stock. Lifeworks Advisors LLC purchased a new position in HIVE Digital Technologies in the third quarter valued at $35,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of HIVE Digital Technologies during the 2nd quarter worth about $36,000. Gladstone Institutional Advisory LLC purchased a new position in shares of HIVE Digital Technologies in the 3rd quarter valued at about $44,000. Quadrature Capital Ltd acquired a new stake in shares of HIVE Digital Technologies during the 3rd quarter worth about $50,000. Finally, Wellington Management Group LLP purchased a new stake in HIVE Digital Technologies during the third quarter worth approximately $120,000. 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.