Roth Capital Analysts Reduce Earnings Estimates for HIVE

Key Points

• Roth Capital cut its Q2 2026 EPS estimate for HIVE to ($0.04) from ($0.01) but maintained a Buy rating and a $7.50 target, while forecasting FY2026 EPS of ($0.32) and FY2027 EPS of ($0.10).
• Analyst sentiment is mixed-to-positive with nine Buys, one Hold and one Sell, giving HIVE a consensus rating of “Moderate Buy” and a consensus price target of $8.00.
• HIVE slightly beat last quarter’s revenue and EPS estimates but remains unprofitable (net margin -17.47%); shares trade around $4.70 with a $1.12 billion market cap and a high beta of 3.54.

HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Equities research analysts at Roth Capital decreased their Q2 2026 earnings estimates for HIVE Digital Technologies in a research note issued on Wednesday, November 5th. Roth Capital analyst D. Aftahi now forecasts that the company will earn ($0.04) per share for the quarter, down from their previous forecast of ($0.01). Roth Capital currently has a "Buy" rating and a $7.50 target price on the stock. The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.32) per share. Roth Capital also issued estimates for HIVE Digital Technologies' Q3 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.08) EPS, FY2026 earnings at ($0.32) EPS, Q1 2027 earnings at ($0.04) EPS, Q2 2027 earnings at ($0.03) EPS, Q3 2027 earnings at ($0.04) EPS, Q4 2027 earnings at $0.01 EPS and FY2027 earnings at ($0.10) EPS.

HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported ($0.06) 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%.

Several other analysts have also recently weighed in 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. Zacks Research raised HIVE Digital Technologies to a "hold" rating in a report on Friday, August 8th. Canaccord Genuity Group reissued a "buy" rating and issued a $10.00 target price on shares of HIVE Digital Technologies in a research report on Monday, October 13th. Weiss Ratings restated a "sell (d+)" rating on shares of HIVE Digital Technologies in a research note on Friday, October 31st. Finally, HC Wainwright reiterated a "buy" rating and issued a $8.00 price objective on shares of HIVE Digital Technologies in a research note on Wednesday, October 29th. Nine analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $8.00.

HIVE Digital Technologies Trading Down 1.5%

Shares of NASDAQ:HIVE opened at $4.70 on Monday. HIVE Digital Technologies has a 12-month low of $1.26 and a 12-month high of $7.84. The business has a 50 day moving average of $4.65 and a 200-day moving average of $2.98. The company has a quick ratio of 3.42, a current ratio of 3.42 and a debt-to-equity ratio of 0.02. The stock has a market cap of $1.12 billion, a PE ratio of -23.50 and a beta of 3.54.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HIVE. Bastion Asset Management Inc. bought a new stake in HIVE Digital Technologies during the third quarter worth about $1,175,000. JPMorgan Chase & Co. lifted its holdings in shares of HIVE Digital Technologies by 26.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 500,890 shares of the company's stock worth $2,019,000 after acquiring an additional 103,574 shares during the period. PFG Private Wealth Management LLC bought a new stake in shares of HIVE Digital Technologies during the 3rd quarter worth approximately $54,000. Baader Bank Aktiengesellschaft bought a new position in HIVE Digital Technologies in the third quarter valued at approximately $847,000. Finally, J.W. Cole Advisors Inc. bought a new position in HIVE Digital Technologies in the third quarter valued at approximately $116,000. Institutional investors and hedge funds own 24.42% of the company's stock.

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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