HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Analysts at B. Riley decreased their Q3 2026 earnings per share estimates for shares of HIVE Digital Technologies in a research 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, down from their previous forecast of $0.02. B. Riley has a "Buy" rating on the stock. 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' FY2027 earnings at $0.13 EPS.
HIVE has been the subject of a number of other reports. Weiss Ratings reissued a "sell (d)" rating on shares of HIVE Digital Technologies in a research report on Wednesday, October 8th. Roth Capital upped their target price on HIVE Digital Technologies from $6.00 to $7.50 and gave the company a "buy" rating in a research report on Tuesday, August 26th. Cantor Fitzgerald upped their target price on HIVE Digital Technologies from $5.00 to $5.50 and gave the company an "overweight" rating in a research report on Friday, June 27th. Northland Securities set a $7.50 target price on HIVE Digital Technologies in a research report on Tuesday, October 7th. Finally, Rosenblatt Securities upped their target price on HIVE Digital Technologies from $5.00 to $10.00 and gave the company a "buy" rating in a research report on Thursday, October 16th. Nine investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, HIVE Digital Technologies currently has an average rating of "Moderate Buy" and an average price target of $7.71.
Read Our Latest Stock Analysis on HIVE Digital Technologies
HIVE Digital Technologies Stock Up 3.6%
Shares of NASDAQ HIVE opened at $5.12 on Friday. The stock has a market cap of $1.22 billion, a PE ratio of -25.60 and a beta of 3.51. 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 $7.84. The business has a 50-day moving average price of $4.05 and a 200 day moving average price of $2.66.
HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.02. The company had revenue of $45.61 million for the quarter, compared to the consensus estimate of $45.16 million. HIVE Digital Technologies had a negative return on equity of 17.39% and a negative net margin of 17.47%.
Institutional Trading of HIVE Digital Technologies
A number of hedge funds have recently added to or reduced their stakes in HIVE. Y Intercept Hong Kong Ltd acquired a new stake in HIVE Digital Technologies during the 1st quarter worth approximately $31,000. Caitong International Asset Management Co. Ltd lifted its position in HIVE Digital Technologies by 3,966.3% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 24,845 shares of the company's stock worth $36,000 after acquiring an additional 24,234 shares during the period. Ethos Financial Group LLC acquired a new stake in HIVE Digital Technologies during the 2nd quarter worth approximately $36,000. Vanguard Personalized Indexing Management LLC acquired a new stake in HIVE Digital Technologies during the 2nd quarter worth approximately $38,000. Finally, HBW Advisory Services LLC acquired a new stake in HIVE Digital Technologies during the 3rd quarter worth approximately $40,000. 24.42% of the stock is owned by institutional investors and hedge funds.
HIVE Digital Technologies Company Profile
(
Get Free Report)
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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