HC Wainwright Has Positive Estimate for HIVE FY2025 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Analysts at HC Wainwright raised their FY2025 earnings per share (EPS) estimates for shares of HIVE Digital Technologies in a research note issued to investors on Thursday, November 14th. HC Wainwright analyst M. Colonnese now anticipates that the company will post earnings of ($0.33) per share for the year, up from their prior forecast of ($0.35). HC Wainwright has a “Buy” rating and a $8.00 price target on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.27) per share. HC Wainwright also issued estimates for HIVE Digital Technologies’ Q4 2025 earnings at ($0.07) EPS and Q4 2026 earnings at $0.03 EPS.

HIVE Digital Technologies (NASDAQ:HIVE) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $22.65 million for the quarter, compared to analysts’ expectations of $25.32 million. During the same quarter last year, the company earned ($0.29) EPS.

Several other analysts have also recently commented on HIVE. Northland Capmk upgraded HIVE Digital Technologies to a “strong-buy” rating in a research report on Thursday, September 19th. 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 research note on Thursday, November 14th. Cantor Fitzgerald assumed coverage on shares of HIVE Digital Technologies in a research report on Tuesday, October 29th. They issued an “overweight” rating and a $9.00 target price for the company. Finally, Canaccord Genuity Group boosted their price target 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. One equities research analyst has rated the stock with a sell rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $7.40.

HIVE Digital Technologies Stock Performance

HIVE opened at $4.32 on Monday. The company has a current ratio of 5.56, a quick ratio of 7.35 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is $3.57 and its 200-day moving average is $3.23. The stock has a market cap of $547.91 million, a PE ratio of -30.85 and a beta of 3.43. HIVE Digital Technologies has a twelve month low of $2.18 and a twelve month high of $5.74.

Hedge Funds Weigh In On HIVE Digital Technologies

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