Research Analysts Issue Forecasts for HIVE Q2 Earnings

Key Points

• Analysts at B. Riley have increased their Q2 2026 earnings estimate for HIVE Digital Technologies to ($0.01) per share, improving from a previous estimate of ($0.08).
• The current investment sentiment has shifted, with HIVE Digital Technologies receiving multiple upgrades, including a shift from "strong sell" to "hold" by Wall Street Zen and a price target increase to $10.00 by Canaccord Genuity Group.
• For the most recent quarter, HIVE Digital Technologies reported earnings of ($0.06) per share, slightly beating consensus expectations, with revenue coming in at $45.61 million.

HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Investment analysts at B. Riley lifted their Q2 2026 earnings per share estimates for shares of HIVE Digital Technologies in a note issued to investors on Monday, August 25th. B. Riley analyst N. Giles now anticipates that the company will post earnings of ($0.01) per share for the quarter, up from their prior estimate of ($0.08). The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.32) per share. B. Riley also issued estimates for HIVE Digital Technologies' Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $0.04 EPS, FY2026 earnings at $0.24 EPS and FY2027 earnings at $0.16 EPS.

Several other brokerages have also recently issued reports on HIVE. Wall Street Zen raised HIVE Digital Technologies from a "strong sell" rating to a "hold" rating in a report on Saturday, August 16th. Roth Capital boosted their price objective on HIVE Digital Technologies from $6.00 to $7.50 and gave the company a "buy" rating in a report on Tuesday. Canaccord Genuity Group boosted their price objective on HIVE Digital Technologies from $9.00 to $10.00 and gave the company a "buy" rating in a report on Wednesday, August 20th. HC Wainwright decreased their price objective on HIVE Digital Technologies from $9.00 to $6.00 and set a "buy" rating for the company in a report on Friday, June 27th. Finally, Zacks Research raised HIVE Digital Technologies to a "hold" rating in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, HIVE Digital Technologies currently has an average rating of "Buy" and an average target price of $6.93.

HIVE Digital Technologies Stock Performance

Shares of HIVE stock opened at $2.85 on Wednesday. The stock has a market cap of $653.62 million, a PE ratio of -14.25 and a beta of 3.41. The business has a 50-day simple moving average of $2.17 and a 200-day simple moving average of $1.98. The company has a quick ratio of 3.42, a current ratio of 3.42 and a debt-to-equity ratio of 0.02. HIVE Digital Technologies has a 52-week low of $1.26 and a 52-week high of $5.54.

HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.02. The business had revenue of $45.61 million during the quarter, compared to analysts' expectations of $45.16 million. HIVE Digital Technologies had a negative return on equity of 17.39% and a negative net margin of 17.47%.

Hedge Funds Weigh In On HIVE Digital Technologies

A number of large investors have recently bought and sold shares of HIVE. LPL Financial LLC acquired a new position in HIVE Digital Technologies in the 4th quarter worth about $54,000. Wells Fargo & Company MN raised its holdings in HIVE Digital Technologies by 60.9% in the 4th quarter. Wells Fargo & Company MN now owns 15,320 shares of the company's stock worth $44,000 after purchasing an additional 5,800 shares during the period. Invesco Ltd. raised its holdings in HIVE Digital Technologies by 12.8% in the 4th quarter. Invesco Ltd. now owns 101,092 shares of the company's stock worth $288,000 after purchasing an additional 11,458 shares during the period. Stifel Financial Corp acquired a new position in HIVE Digital Technologies in the 4th quarter worth about $223,000. Finally, Oxford Asset Management LLP purchased a new stake in HIVE Digital Technologies during the 4th quarter worth approximately $201,000. Institutional investors and hedge funds 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.

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