Northland Capmk Issues Positive Outlook for HIVE Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Equities research analysts at Northland Capmk upped their Q3 2026 earnings per share estimates for HIVE Digital Technologies in a report released on Wednesday, January 29th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of $0.08 for the quarter, up from their prior estimate of $0.05. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.34) per share.

Several other research firms have also weighed in on HIVE. Roth Mkm started coverage on HIVE Digital Technologies in a research note on Thursday, December 19th. They issued a “buy” rating and a $7.50 price objective on the stock. Roth Capital upgraded shares of HIVE Digital Technologies to a “strong-buy” rating in a research note on Wednesday, December 18th. HC Wainwright reiterated a “buy” rating and set a $8.00 price objective on shares of HIVE Digital Technologies in a research report on Wednesday. Cantor Fitzgerald restated 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, Keefe, Bruyette & Woods initiated coverage on shares of HIVE Digital Technologies in a report on Wednesday, January 8th. They set an “outperform” rating for the company. One research analyst has rated the stock with a sell rating, seven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $7.42.

HIVE Digital Technologies Trading Up 2.9 %

Shares of HIVE opened at $2.87 on Thursday. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 0.06. HIVE Digital Technologies has a 52-week low of $2.18 and a 52-week high of $5.54. The business’s fifty day moving average is $3.43 and its 200-day moving average is $3.45.

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, beating 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 period last year, the firm posted ($0.29) earnings per share.

Institutional Investors Weigh In On HIVE Digital Technologies

Institutional investors have recently bought and sold shares of the stock. Van ECK Associates Corp lifted its stake in 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 acquiring an additional 692,799 shares in the last quarter. XTX Topco Ltd bought a new position in shares of HIVE Digital Technologies during the third quarter valued at about $463,000. Charles Schwab Investment Management Inc. boosted its holdings 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 worth $1,018,000 after purchasing an additional 106,103 shares during the last quarter. State Street Corp grew its position in HIVE Digital Technologies by 2.9% in the 3rd quarter. State Street Corp now owns 3,214,101 shares of the company’s stock worth $10,060,000 after purchasing an additional 91,056 shares in the last quarter. Finally, Centiva Capital LP bought a new stake in HIVE Digital Technologies in the 3rd quarter worth about $235,000. 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.