HIVE Digital Technologies (HIVE) Expected to Announce Earnings on Monday

HIVE Digital Technologies (NASDAQ:HIVE) is expected to release its Q1 2026 earnings data before the market opens on Monday, August 11th. Analysts expect HIVE Digital Technologies to post earnings of ($0.08) per share and revenue of $45.16 million for the quarter.

HIVE Digital Technologies (NASDAQ:HIVE) last issued its quarterly earnings results on Wednesday, June 25th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.20). The business had revenue of $31.16 million during the quarter, compared to analyst estimates of $31.47 million. HIVE Digital Technologies had a negative return on equity of 20.30% and a negative net margin of 48.65%. On average, analysts expect HIVE Digital Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

HIVE Digital Technologies Price Performance

Shares of NASDAQ HIVE opened at $2.07 on Friday. HIVE Digital Technologies has a fifty-two week low of $1.26 and a fifty-two week high of $5.54. The company has a market cap of $474.32 million, a PE ratio of -5.75 and a beta of 3.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.72 and a current ratio of 3.72. The business has a 50-day simple moving average of $2.06 and a two-hundred day simple moving average of $2.03.

Wall Street Analysts Forecast Growth

HIVE has been the subject of several research analyst reports. Wall Street Zen upgraded HIVE Digital Technologies to a “sell” rating in a research note on Saturday, May 17th. Canaccord Genuity Group restated a “buy” rating and issued a $9.00 price objective on shares of HIVE Digital Technologies in a research note on Thursday, July 3rd. Rosenblatt Securities reduced their price objective on HIVE Digital Technologies from $5.50 to $5.00 and set a “buy” rating for the company in a research note on Friday, June 27th. HC Wainwright reduced their price objective on HIVE Digital Technologies from $9.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, June 27th. Finally, Cantor Fitzgerald raised their price objective on HIVE Digital Technologies from $5.00 to $5.50 and gave the stock an “overweight” rating in a research note on Friday, June 27th. One 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. Based on data from MarketBeat, HIVE Digital Technologies presently has a consensus rating of “Buy” and a consensus price target of $6.67.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC raised its position in HIVE Digital Technologies by 11.0% during the second quarter. Geode Capital Management LLC now owns 1,296,531 shares of the company’s stock valued at $2,334,000 after acquiring an additional 128,760 shares in the last quarter. Goldman Sachs Group Inc. raised its position in HIVE Digital Technologies by 328.2% during the first quarter. Goldman Sachs Group Inc. now owns 520,877 shares of the company’s stock valued at $755,000 after acquiring an additional 399,223 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in HIVE Digital Technologies by 18.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 878,457 shares of the company’s stock valued at $1,283,000 after acquiring an additional 137,651 shares in the last quarter. 24.42% of the stock is currently owned by hedge funds and other institutional investors.

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.