Northland Capmk Has Positive Estimate for HIVE Q3 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Northland Capmk increased their Q3 2026 earnings per share (EPS) estimates for HIVE Digital Technologies in a research report issued to clients and investors on Wednesday, January 29th. Northland Capmk analyst M. Grondahl now expects that the company will earn $0.08 per share for the quarter, up from their previous forecast of $0.05. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.34) per share.

Other analysts have also recently issued reports about the company. Canaccord Genuity Group boosted their price target on HIVE Digital Technologies from $6.00 to $7.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. StockNews.com upgraded shares of HIVE Digital Technologies to a “sell” rating in a research note on Tuesday, January 14th. Cantor Fitzgerald restated an “overweight” rating and set a $9.00 price objective on shares of HIVE Digital Technologies in a research note on Tuesday, November 19th. HC Wainwright reiterated a “buy” rating and issued a $8.00 target price on shares of HIVE Digital Technologies in a research note on Wednesday. Finally, Roth Mkm assumed coverage on shares of HIVE Digital Technologies in a research report on Thursday, December 19th. They set a “buy” rating and a $7.50 price target for the company. One 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’s stock. Based on data from MarketBeat.com, HIVE Digital Technologies has an average rating of “Buy” and a consensus price target of $7.42.

HIVE Digital Technologies Trading Down 4.9 %

NASDAQ:HIVE opened at $2.93 on Thursday. The firm has a market capitalization of $427.26 million, a P/E ratio of -20.93 and a beta of 3.46. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.56 and a quick ratio of 5.56. HIVE Digital Technologies has a one year low of $2.18 and a one year high of $5.54. The company’s 50-day simple moving average is $3.38 and its 200 day simple moving average is $3.44.

HIVE Digital Technologies (NASDAQ:HIVE) last announced its earnings results on Tuesday, November 12th. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.03. The firm had revenue of $22.65 million for the quarter, compared to analysts’ expectations 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 in the previous year, the business posted ($0.29) EPS.

Institutional Trading of HIVE Digital Technologies

A number of hedge funds have recently bought and sold shares of the company. Van ECK Associates Corp grew its stake in shares of HIVE Digital Technologies by 17.9% during the 4th 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 period. XTX Topco Ltd purchased a new position in shares of HIVE Digital Technologies in the third quarter worth approximately $463,000. Charles Schwab Investment Management Inc. grew its position in HIVE Digital Technologies by 48.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 325,216 shares of the company’s stock valued at $1,018,000 after buying an additional 106,103 shares during the period. State Street Corp increased its holdings in HIVE Digital Technologies by 2.9% during the third quarter. State Street Corp now owns 3,214,101 shares of the company’s stock valued at $10,060,000 after buying an additional 91,056 shares during the last quarter. Finally, Centiva Capital LP bought a new position in HIVE Digital Technologies in the third quarter worth approximately $235,000. 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.