FY2026 Earnings Forecast for HIVE Issued By Northland Capmk

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Research analysts at Northland Capmk issued their FY2026 EPS estimates for HIVE Digital Technologies in a research note issued on Tuesday, August 19th. Northland Capmk analyst M. Grondahl anticipates that the company will post earnings of $0.20 per share for the year. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.32) per share.

HIVE Digital Technologies (NASDAQ:HIVE) last issued its earnings results on Thursday, August 14th. The company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.02. The firm had revenue of $45.61 million for the quarter, compared to the consensus estimate of $45.16 million. HIVE Digital Technologies had a negative return on equity of 17.39% and a negative net margin of 17.47%.

Other equities research analysts have also issued reports about the stock. Rosenblatt Securities decreased their price target on shares of HIVE Digital Technologies from $5.50 to $5.00 and set a “buy” rating on the stock in a report on Friday, June 27th. Canaccord Genuity Group boosted their target price on shares of HIVE Digital Technologies from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday. Wall Street Zen upgraded shares of HIVE Digital Technologies from a “strong sell” rating to a “hold” rating in a report on Saturday, August 16th. HC Wainwright cut their price objective on HIVE Digital Technologies from $9.00 to $6.00 and set a “buy” rating on the stock in a report on Friday, June 27th. Finally, Zacks Research upgraded HIVE Digital Technologies to a “hold” rating in a research report on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, HIVE Digital Technologies has a consensus rating of “Buy” and an average target price of $6.83.

HIVE Digital Technologies Stock Performance

HIVE Digital Technologies stock opened at $2.33 on Thursday. The stock has a market cap of $534.36 million, a PE ratio of -11.65 and a beta of 3.41. The company has a quick ratio of 3.72, a current ratio of 3.42 and a debt-to-equity ratio of 0.02. HIVE Digital Technologies has a 12-month low of $1.26 and a 12-month high of $5.54. The business’s 50-day moving average price is $2.13 and its two-hundred day moving average price is $1.99.

Institutional Trading of HIVE Digital Technologies

Institutional investors have recently modified their holdings of the business. Point72 Asia Singapore Pte. Ltd. acquired a new stake in HIVE Digital Technologies in the fourth quarter valued at $26,000. Y Intercept Hong Kong Ltd bought a new stake in shares of HIVE Digital Technologies in the 1st quarter valued at about $31,000. Zhang Financial LLC acquired a new stake in shares of HIVE Digital Technologies in the first quarter valued at about $33,000. Caitong International Asset Management Co. Ltd increased its stake in shares of HIVE Digital Technologies by 3,966.3% in the first quarter. Caitong International Asset Management Co. Ltd now owns 24,845 shares of the company’s stock valued at $36,000 after buying an additional 24,234 shares during the period. Finally, Ethos Financial Group LLC bought a new position in shares of HIVE Digital Technologies during the second quarter worth about $36,000. 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.