HC Wainwright Has Pessimistic Outlook of HIVE Q3 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Equities research analysts at HC Wainwright decreased their Q3 2026 EPS estimates for HIVE Digital Technologies in a research note issued on Tuesday, November 18th. HC Wainwright analyst M. Colonnese now anticipates that the company will post earnings of ($0.07) per share for the quarter, down from their previous forecast of $0.06. HC Wainwright has a “Buy” rating and a $10.00 price objective on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.32) per share. HC Wainwright also issued estimates for HIVE Digital Technologies’ Q4 2026 earnings at ($0.05) EPS, FY2026 earnings at ($0.29) EPS and Q4 2027 earnings at ($0.08) EPS.

Other equities analysts have also issued research reports about the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of HIVE Digital Technologies in a research note on Friday, October 31st. Zacks Research raised shares of HIVE Digital Technologies to a “hold” rating in a report on Friday, August 8th. Canaccord Genuity Group reiterated a “buy” rating and set a $10.00 price objective on shares of HIVE Digital Technologies in a research report on Friday. B. Riley dropped their price objective on shares of HIVE Digital Technologies from $8.00 to $7.00 and set a “buy” rating for the company in a report on Friday. Finally, Northland Securities set a $7.50 target price on HIVE Digital Technologies in a report on Tuesday, October 7th. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $8.13.

HIVE Digital Technologies Trading Down 1.0%

Shares of HIVE Digital Technologies stock opened at $2.89 on Friday. HIVE Digital Technologies has a fifty-two week low of $1.26 and a fifty-two week high of $7.84. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.42 and a current ratio of 2.55. The company has a market capitalization of $686.98 million, a P/E ratio of -13.76 and a beta of 3.54. The company has a fifty day moving average of $4.77 and a 200 day moving average of $3.10.

HIVE Digital Technologies (NASDAQ:HIVE) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). HIVE Digital Technologies had a negative net margin of 16.18% and a negative return on equity of 14.15%. The firm had revenue of $83.37 million for the quarter, compared to the consensus estimate of $80.62 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Two Sigma Investments LP purchased a new stake in HIVE Digital Technologies during the third quarter valued at approximately $17,584,000. Vident Advisory LLC raised its holdings in HIVE Digital Technologies by 53.0% during the 2nd quarter. Vident Advisory LLC now owns 3,766,446 shares of the company’s stock valued at $6,780,000 after buying an additional 1,305,057 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in HIVE Digital Technologies by 55.0% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,780,876 shares of the company’s stock valued at $11,212,000 after buying an additional 987,314 shares during the period. Charles Schwab Investment Management Inc. lifted its position in HIVE Digital Technologies by 87.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,383,446 shares of the company’s stock worth $2,006,000 after buying an additional 647,159 shares during the last quarter. Finally, Tidal Investments LLC boosted its stake in HIVE Digital Technologies by 15.4% during the third quarter. Tidal Investments LLC now owns 4,771,312 shares of the company’s stock worth $19,228,000 after buying an additional 637,679 shares during the period. Hedge funds and other 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.