FY2026 EPS Estimates for HIVE Cut by Northland Securities

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Analysts at Northland Securities dropped their FY2026 earnings estimates for HIVE Digital Technologies in a research report issued on Tuesday, February 17th. Northland Securities analyst M. Grondahl now anticipates that the company will post earnings per share of ($0.56) for the year, down from their previous estimate of ($0.31). The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.32) per share. Northland Securities also issued estimates for HIVE Digital Technologies’ Q4 2026 earnings at ($0.22) EPS, Q1 2027 earnings at ($0.22) EPS, Q2 2027 earnings at ($0.21) EPS, Q3 2027 earnings at ($0.20) EPS, Q4 2027 earnings at ($0.15) EPS and FY2027 earnings at ($0.77) EPS.

HIVE has been the subject of several other reports. Wall Street Zen cut HIVE Digital Technologies from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of HIVE Digital Technologies in a research report on Wednesday, January 28th. Canaccord Genuity Group reiterated a “buy” rating and issued a $10.00 target price on shares of HIVE Digital Technologies in a report on Friday, November 21st. New Street Research set a $5.00 price target on shares of HIVE Digital Technologies in a research report on Thursday. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $3.50 price objective (down from $11.00) on shares of HIVE Digital Technologies in a research report on Tuesday, January 27th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $6.44.

HIVE Digital Technologies Trading Down 2.3%

Shares of HIVE Digital Technologies stock opened at $2.12 on Friday. HIVE Digital Technologies has a 1-year low of $1.26 and a 1-year high of $7.84. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.74 and a quick ratio of 2.55. The stock has a market cap of $531.95 million, a P/E ratio of -3.53 and a beta of 3.58. The stock’s 50 day simple moving average is $2.76 and its 200-day simple moving average is $3.47.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HIVE. NewEdge Advisors LLC lifted its holdings in HIVE Digital Technologies by 1,885.8% during the 4th quarter. NewEdge Advisors LLC now owns 9,929 shares of the company’s stock worth $26,000 after buying an additional 9,429 shares in the last quarter. Ground Swell Capital LLC purchased a new stake in shares of HIVE Digital Technologies during the fourth quarter worth $27,000. Rafferty Asset Management LLC acquired a new stake in shares of HIVE Digital Technologies in the fourth quarter valued at $28,000. State of Wyoming purchased a new position in HIVE Digital Technologies in the fourth quarter valued at $28,000. Finally, Ethos Financial Group LLC purchased a new stake in HIVE Digital Technologies during the 2nd quarter worth about $36,000. Hedge funds and other institutional investors own 24.42% of the company’s stock.

Key Stories Impacting HIVE Digital Technologies

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

• Positive Sentiment: Independent proxy advisory firms recommended HIVE shareholders vote “FOR” all resolutions ahead of the March 3, 2026 proxy deadline, reducing governance risk around the meeting and removing a potential near-term uncertainty for the stock. Proxy Advisory Recommendation
• Positive Sentiment: HC Wainwright issued mixed but partly constructive updates — it raised Q3 and Q4 2027 per‑share estimates (Q4 moved to $0.00 from ($0.08)) and continues to carry a Buy rating, which could support the stock if operational results track the improved near‑term targets. HC Wainwright Research Note
• Positive Sentiment: Independent analysis (Seeking Alpha) argued HIVE could be due for a re‑rating — a bullish narrative that can attract speculative buying if clearer operational or bitcoin‑mining profitability signals emerge. Seeking Alpha: Re‑Rating Thesis
• Neutral Sentiment: Reported February short‑interest data show effectively zero recorded short interest (entries show 0 shares), which appears anomalous and offers little clear signal on positioning — treat as neutral until clearer data are available.
• Negative Sentiment: Northland Securities substantially cut multiple quarterly and full‑year EPS forecasts (e.g., FY2027 to ($0.77) from $0.07 and several quarterly cuts), signaling materially weaker expected profitability and adding downward pressure on the share price. Northland Securities Revisions
• Negative Sentiment: HC Wainwright also trimmed several near‑term and FY2026/2027 EPS estimates in the same report (despite some raises elsewhere), showing analysts remain uncertain on HIVE’s ability to sustainably return to profitability. HC Wainwright Revisions
• Negative Sentiment: Rosenblatt published a pessimistic forecast for HIVE’s stock price, adding negative analyst sentiment and likely contributing to selling pressure among short‑term traders. Rosenblatt Pessimistic Forecast

About HIVE Digital Technologies

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.