HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Research analysts at Northland Capmk lowered their Q1 2026 EPS estimates for shares of HIVE Digital Technologies in a report released 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 previous 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.
HIVE has been the subject of a number of other reports. Wall Street Zen raised HIVE Digital Technologies to a "sell" rating in a report on Saturday, May 17th. Cantor Fitzgerald decreased their price objective on shares of HIVE Digital Technologies from $10.00 to $8.00 and set an "overweight" rating for the company in a report on Tuesday, March 11th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $9.00 price target on shares of HIVE Digital Technologies in a research report on Wednesday, March 26th. HC Wainwright reaffirmed a "buy" rating and issued a $10.00 target price (up from $8.00) on shares of HIVE Digital Technologies in a research note on Thursday, February 13th. Finally, Rosenblatt Securities began coverage on shares of HIVE Digital Technologies in a report on Friday, March 7th. They set a "buy" rating and a $6.00 target price for the company. One equities research analyst has rated the stock with a sell rating, eight have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $7.64.
Get Our Latest Stock Analysis on HIVE Digital Technologies
HIVE Digital Technologies Stock Performance
HIVE remained flat at $2.00 on Wednesday. The company had a trading volume of 13,584,190 shares, compared to its average volume of 10,870,377. The business has a 50 day moving average of $1.76 and a two-hundred day moving average of $2.43. The company has a quick ratio of 10.41, a current ratio of 10.41 and a debt-to-equity ratio of 0.03. The company has a market cap of $374.48 million, a price-to-earnings ratio of -40.00 and a beta of 3.45. HIVE Digital Technologies has a 1 year low of $1.26 and a 1 year high of $5.54.
Hedge Funds Weigh In On HIVE Digital Technologies
Hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its holdings in shares of HIVE Digital Technologies by 328.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,877 shares of the company's stock worth $755,000 after acquiring an additional 399,223 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in HIVE Digital Technologies by 18.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 878,457 shares of the company's stock valued at $1,283,000 after buying an additional 137,651 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of HIVE Digital Technologies by 3,966.3% during the first quarter. Caitong International Asset Management Co. Ltd now owns 24,845 shares of the company's stock valued at $36,000 after acquiring an additional 24,234 shares during the last quarter. Invesco Ltd. lifted its stake in HIVE Digital Technologies by 42.0% in the first quarter. Invesco Ltd. now owns 143,541 shares of the company's stock worth $208,000 after acquiring an additional 42,449 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its position in HIVE Digital Technologies by 11.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 69,309 shares of the company's stock valued at $100,000 after purchasing an additional 6,958 shares during the period. Hedge funds and other institutional investors own 24.42% of the company's stock.
About HIVE Digital Technologies
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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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