Northland Capmk Has Bullish Estimate for HIVE Q2 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Research analysts at Northland Capmk increased their Q2 2026 earnings per share estimates for HIVE Digital Technologies in a report issued on Wednesday, January 29th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of $0.05 for the quarter, up from their previous forecast 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 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, topping 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 for the quarter, compared to analysts’ expectations of $25.32 million. During the same quarter in the previous year, the company posted ($0.29) EPS.

Other equities analysts have also recently issued reports about the company. Roth Capital upgraded HIVE Digital Technologies to a “strong-buy” rating in a report on Wednesday, December 18th. Keefe, Bruyette & Woods assumed coverage on HIVE Digital Technologies in a report on Wednesday, January 8th. They set an “outperform” rating on the stock. Cantor Fitzgerald reiterated an “overweight” rating and issued a $9.00 target price on shares of HIVE Digital Technologies in a report on Tuesday, November 19th. Canaccord Genuity Group lifted their target price on shares of HIVE Digital Technologies from $6.00 to $7.00 and gave the stock a “buy” rating in a research 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 research report on Wednesday. One research 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 company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $7.42.

HIVE Digital Technologies Trading Down 4.9 %

Shares of NASDAQ:HIVE opened at $2.93 on Friday. The stock has a market capitalization of $427.26 million, a price-to-earnings ratio of -20.93 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 50 day moving average price of $3.38 and a 200 day moving average price of $3.44. The company has a debt-to-equity ratio of 0.06, a quick ratio of 5.56 and a current ratio of 5.56.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Impact Partnership Wealth LLC lifted its position in HIVE Digital Technologies by 11.0% in the 4th quarter. Impact Partnership Wealth LLC now owns 53,231 shares of the company’s stock worth $152,000 after buying an additional 5,277 shares in the last quarter. Lifeworks Advisors LLC purchased a new stake in shares of HIVE Digital Technologies during the third quarter worth $35,000. Tobam boosted its position in HIVE Digital Technologies by 198.6% during the fourth quarter. Tobam now owns 19,060 shares of the company’s stock valued at $54,000 after purchasing an additional 12,676 shares during the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in HIVE Digital Technologies during the third quarter valued at $44,000. Finally, Quadrature Capital Ltd purchased a new position in HIVE Digital Technologies in the third quarter valued at about $50,000. 24.42% of the stock is owned by hedge funds and other 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.