Northland Capmk Analysts Reduce Earnings Estimates for HIVE

HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Stock analysts at Northland Capmk decreased their Q1 2026 earnings per share (EPS) estimates for shares of HIVE Digital Technologies in a note issued to investors on Monday, June 9th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings of ($0.06) per share for the quarter, down from their prior forecast of ($0.05). The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.32) per share. Northland Capmk also issued estimates for HIVE Digital Technologies' Q2 2026 earnings at ($0.02) EPS and FY2026 earnings at $0.00 EPS.

Several other analysts also recently issued reports on HIVE. Rosenblatt Securities started coverage on HIVE Digital Technologies in a research note on Friday, March 7th. They set a "buy" rating and a $6.00 target price on the stock. Canaccord Genuity Group reissued a "buy" rating and set a $9.00 target price on shares of HIVE Digital Technologies in a research note on Wednesday, March 26th. Cantor Fitzgerald decreased their target price on HIVE Digital Technologies from $10.00 to $8.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 11th. Finally, Wall Street Zen raised HIVE Digital Technologies to a "sell" rating in a research note on Saturday, May 17th. One research analyst has rated the stock with a sell rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $7.64.

HIVE Digital Technologies Stock Performance

Shares of HIVE stock traded down $0.06 during trading hours on Wednesday, reaching $1.89. 15,995,526 shares of the company traded hands, compared to its average volume of 7,792,198. HIVE Digital Technologies has a 12-month low of $1.26 and a 12-month high of $5.54. The company has a debt-to-equity ratio of 0.03, a current ratio of 10.41 and a quick ratio of 10.41. The company has a market cap of $353.88 million, a P/E ratio of -37.80 and a beta of 3.45. The firm has a 50-day moving average price of $1.78 and a 200 day moving average price of $2.39.

Institutional Trading of HIVE Digital Technologies

A number of large investors have recently added to or reduced their stakes in HIVE. Cubist Systematic Strategies LLC increased its stake in HIVE Digital Technologies by 332.8% in the 4th quarter. Cubist Systematic Strategies LLC now owns 962,677 shares of the company's stock worth $2,744,000 after acquiring an additional 740,247 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. bought a new stake in HIVE Digital Technologies in the 4th quarter worth approximately $2,058,000. Van ECK Associates Corp increased its position in shares of HIVE Digital Technologies by 17.9% during the 4th quarter. Van ECK Associates Corp now owns 4,562,489 shares of the company's stock valued at $13,003,000 after purchasing an additional 692,799 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of HIVE Digital Technologies by 87.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,383,446 shares of the company's stock valued at $2,006,000 after purchasing an additional 647,159 shares during the last quarter. Finally, Vident Advisory LLC increased its position in shares of HIVE Digital Technologies by 26.1% during the 4th quarter. Vident Advisory LLC now owns 2,831,492 shares of the company's stock valued at $8,072,000 after purchasing an additional 585,511 shares during the last quarter. Institutional investors 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.