What is Roth Capital's Estimate for HIVE FY2027 Earnings?

HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Analysts at Roth Capital raised their FY2027 earnings per share (EPS) estimates for shares of HIVE Digital Technologies in a report released on Thursday, June 26th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings per share of $0.46 for the year, up from their previous forecast of $0.41. The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.32) per share.

HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last announced its quarterly earnings data on Wednesday, June 25th. The company reported ($0.31) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.20). HIVE Digital Technologies had a negative return on equity of 20.30% and a negative net margin of 48.65%. The business had revenue of $31.16 million during the quarter, compared to the consensus estimate of $31.47 million.

Other equities analysts also recently issued research reports about the company. HC Wainwright decreased their target price on HIVE Digital Technologies from $9.00 to $6.00 and set a "buy" rating for the company in a report on Friday. Canaccord Genuity Group restated a "buy" rating and issued a $9.00 price objective on shares of HIVE Digital Technologies in a report on Wednesday, March 26th. Cantor Fitzgerald lifted their target price on shares of HIVE Digital Technologies from $5.00 to $5.50 and gave the company an "overweight" rating in a research note on Friday. Wall Street Zen upgraded shares of HIVE Digital Technologies to a "sell" rating in a research report on Saturday, May 17th. Finally, Rosenblatt Securities lowered their price objective on shares of HIVE Digital Technologies from $5.50 to $5.00 and set a "buy" rating for the company in a report on Friday. One investment analyst has rated the stock with a sell rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $6.57.

HIVE Digital Technologies Trading Up 0.6%

NASDAQ HIVE opened at $1.80 on Monday. The stock has a market cap of $358.54 million, a P/E ratio of -5.00 and a beta of 3.46. HIVE Digital Technologies has a fifty-two week low of $1.26 and a fifty-two week high of $5.54. The stock has a 50 day simple moving average of $1.84 and a two-hundred day simple moving average of $2.22. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.72 and a current ratio of 3.72.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Cubist Systematic Strategies LLC grew its holdings in HIVE Digital Technologies by 332.8% in the fourth quarter. Cubist Systematic Strategies LLC now owns 962,677 shares of the company's stock worth $2,744,000 after purchasing an additional 740,247 shares during the period. Generali Investments CEE investicni spolecnost a.s. bought a new stake in shares of HIVE Digital Technologies in the 4th quarter worth approximately $2,058,000. Charles Schwab Investment Management Inc. grew its stake in shares of HIVE Digital Technologies by 87.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,383,446 shares of the company's stock worth $2,006,000 after buying an additional 647,159 shares during the last quarter. Vident Advisory LLC grew its stake in shares of HIVE Digital Technologies by 26.1% in the 4th quarter. Vident Advisory LLC now owns 2,831,492 shares of the company's stock worth $8,072,000 after buying an additional 585,511 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in HIVE Digital Technologies by 328.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,877 shares of the company's stock valued at $755,000 after buying an additional 399,223 shares in the last quarter. 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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