HC Wainwright Has Pessimistic View of HIVE FY2026 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – HC Wainwright decreased their FY2026 earnings per share estimates for HIVE Digital Technologies in a report released on Tuesday, February 17th. HC Wainwright analyst M. Colonnese now expects that the company will post earnings of ($0.54) per share for the year, down from their prior estimate of ($0.29). HC Wainwright has a “Buy” rating 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 ($0.20) EPS, Q1 2027 earnings at ($0.15) EPS, Q2 2027 earnings at ($0.09) EPS, Q3 2027 earnings at ($0.03) EPS, Q4 2027 earnings at $0.00 EPS and FY2027 earnings at ($0.27) EPS.

HIVE has been the topic of several other research reports. Northland Securities set a $6.00 target price on shares of HIVE Digital Technologies in a research note on Wednesday. New Street Research set a $5.00 price objective on HIVE Digital Technologies in a research report on Thursday. Wall Street Zen lowered HIVE Digital Technologies from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Canaccord Genuity Group reaffirmed a “buy” rating and set a $10.00 price target on shares of HIVE Digital Technologies in a report on Friday, November 21st. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $3.50 price objective (down from $11.00) on shares of HIVE Digital Technologies in a research report on Tuesday, January 27th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.44.

HIVE Digital Technologies Stock Performance

Shares of HIVE stock opened at $2.17 on Thursday. The company has a market capitalization of $544.50 million, a price-to-earnings ratio of -3.62 and a beta of 3.58. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.55 and a current ratio of 1.74. HIVE Digital Technologies has a one year low of $1.26 and a one year high of $7.84. The company’s 50-day moving average is $2.77 and its 200 day moving average is $3.47.

Institutional Trading of HIVE Digital Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Compound Planning Inc. bought a new stake in HIVE Digital Technologies in the fourth quarter worth $36,000. Vident Advisory LLC raised its stake in shares of HIVE Digital Technologies by 33.6% in the fourth quarter. Vident Advisory LLC now owns 4,327,141 shares of the company’s stock valued at $11,164,000 after acquiring an additional 1,087,224 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of HIVE Digital Technologies by 1,885.8% in the 4th quarter. NewEdge Advisors LLC now owns 9,929 shares of the company’s stock worth $26,000 after acquiring an additional 9,429 shares during the last quarter. XTX Topco Ltd boosted its stake in shares of HIVE Digital Technologies by 10.8% during the 4th quarter. XTX Topco Ltd now owns 183,806 shares of the company’s stock worth $474,000 after purchasing an additional 17,972 shares during the period. Finally, Vennlight Capital Management LP purchased a new stake in shares of HIVE Digital Technologies during the fourth quarter valued at $1,957,000. Hedge funds and other institutional investors own 24.42% of the company’s stock.

Trending Headlines about HIVE Digital Technologies

Here are the key news stories impacting HIVE Digital Technologies this week:

• Positive Sentiment: HIVE reported quarterly results that beat EPS estimates (reported ($0.06) vs. consensus ($0.08)) — the beat supports near-term sentiment despite a small revenue miss. Read More.
• Positive Sentiment: HC Wainwright raised some forward quarterly estimates (notably Q3 and Q4 FY2027 moved toward break‑even) and reiterated a Buy rating, which can temper negative revisions elsewhere and support upside expectations.
• Neutral Sentiment: CEO comments described continued work in 2025 on scaling the Bitcoin mining business and outlined 2026 operational focus — this provides a constructive strategic narrative but is execution-dependent. Read More.
• Neutral Sentiment: Short-interest data published for February appears to show zero shares shorted (data anomaly); this is not meaningful market pressure but reduces concern about a near-term short squeeze.
• Negative Sentiment: HC Wainwright cut several near-term and full‑year EPS forecasts (including FY2026 and FY2027 downward) and trimmed Q1/Q2 2027 estimates materially — this weaker earnings outlook can weigh on the stock despite the Buy rating.
• Negative Sentiment: Rosenblatt lowered its price target from $6.50 to $4.50 (while keeping a Buy rating); the lower target reduces visible upside for some investors. Read More.
• Negative Sentiment: Coverage and commentary noted the share reaction after the results (some outlets flagged that the stock fell despite a strong quarter), reflecting investor focus on revenue miss, margins, and revised guidance/estimates. Read More.

HIVE Digital Technologies Company Profile

HIVE Digital Technologies Ltd is a publicly traded blockchain infrastructure company that specializes in the mining of digital assets such as Bitcoin and Ethereum. Using high-performance GPU and ASIC hardware, HIVE deploys proprietary mining rigs across multiple data centers to validate transactions on major blockchain networks. The company’s operations are designed to maximize hashing power while maintaining efficiency and uptime, enabling it to build and hold a portfolio of mined cryptocurrencies.

Headquartered in Vancouver, British Columbia, HIVE Digital operates data center facilities in North America and Europe, including Canada, Sweden and Iceland.