Research Analysts Offer Predictions for HIVE Q2 Earnings

Key Points

• B. Riley has raised its Q2 2026 earnings per share estimate for HIVE Digital Technologies to $0.01, improving from a previous forecast of (0.01), and maintains a "Buy" rating on the stock.
• The consensus estimate for HIVE's full-year earnings currently stands at (0.32) per share, and the stock is rated as a "Moderate Buy" with a target price of $7.71.
• HIVE Digital Technologies recently reported a $0.06 EPS for a prior quarter, which exceeded analyst projections, while the company has a market capitalization of $1.17 billion.

HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Equities researchers at B. Riley lifted their Q2 2026 earnings per share (EPS) estimates for shares of HIVE Digital Technologies in a report issued on Wednesday, October 22nd. B. Riley analyst N. Giles now expects that the company will earn $0.01 per share for the quarter, up from their prior forecast of ($0.01). B. Riley currently has a "Buy" rating on the stock. The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.32) per share.

Several other analysts have also weighed in on HIVE. Zacks Research upgraded shares of HIVE Digital Technologies to a "hold" rating in a research note on Friday, August 8th. Roth Capital lifted their target price on HIVE Digital Technologies from $6.00 to $7.50 and gave the company a "buy" rating in a research note on Tuesday, August 26th. Weiss Ratings reiterated a "sell (d)" rating on shares of HIVE Digital Technologies in a research report on Wednesday, October 8th. HC Wainwright reduced their price objective on HIVE Digital Technologies from $9.00 to $6.00 and set a "buy" rating for the company in a research report on Friday, June 27th. Finally, Northland Securities set a $7.50 target price on HIVE Digital Technologies in a research report on Tuesday, October 7th. Nine equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, HIVE Digital Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $7.71.

HIVE Digital Technologies Trading Down 10.2%

Shares of NASDAQ HIVE opened at $4.94 on Thursday. The company has a quick ratio of 3.42, a current ratio of 3.42 and a debt-to-equity ratio of 0.02. The stock's 50 day moving average price is $3.99 and its two-hundred day moving average price is $2.63. HIVE Digital Technologies has a 52-week low of $1.26 and a 52-week high of $7.84. The stock has a market capitalization of $1.17 billion, a P/E ratio of -24.70 and a beta of 3.51.

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

Institutional Investors Weigh In On HIVE Digital Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of HIVE. Y Intercept Hong Kong Ltd bought a new position in shares of HIVE Digital Technologies during the 1st quarter valued at about $31,000. Caitong International Asset Management Co. Ltd increased its holdings 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 in the last quarter. Ethos Financial Group LLC acquired a new stake in shares of HIVE Digital Technologies during the 2nd quarter valued at $36,000. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of HIVE Digital Technologies during the second quarter worth $38,000. Finally, HBW Advisory Services LLC purchased a new stake in shares of HIVE Digital Technologies during the third quarter valued at $40,000. 24.42% of the stock is currently owned by institutional investors.

HIVE Digital Technologies Company Profile

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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