Research Analysts Offer Predictions for HIVE Q3 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Roth Capital lowered their Q3 2026 earnings estimates for HIVE Digital Technologies in a report issued on Monday, November 17th. Roth Capital analyst D. Aftahi now forecasts that the company will earn ($0.11) per share for the quarter, down from their previous estimate of ($0.08). 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’ Q4 2026 earnings at ($0.11) EPS, FY2026 earnings at ($0.39) EPS, Q1 2027 earnings at ($0.09) EPS, Q2 2027 earnings at ($0.10) EPS, Q3 2027 earnings at ($0.13) EPS, Q4 2027 earnings at ($0.07) EPS, FY2027 earnings at ($0.38) EPS and FY2028 earnings at ($0.31) EPS.

HIVE Digital Technologies (NASDAQ:HIVE) last released its earnings results on Friday, November 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The business had revenue of $83.37 million for the quarter, compared to analyst estimates of $80.62 million. HIVE Digital Technologies had a negative return on equity of 14.15% and a negative net margin of 16.18%.

Several other equities research analysts also recently weighed in on the company. B. Riley restated a “buy” rating on shares of HIVE Digital Technologies in a report on Wednesday, October 22nd. Wall Street Zen raised HIVE Digital Technologies from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 16th. Zacks Research upgraded shares of HIVE Digital Technologies to a “hold” rating in a research note on Friday, August 8th. Northland Securities set a $7.50 price target on shares of HIVE Digital Technologies in a research note on Tuesday, October 7th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $10.00 price target on shares of HIVE Digital Technologies in a report on Tuesday. Eight analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.29.

HIVE Digital Technologies Stock Up 7.2%

Shares of NASDAQ HIVE traded up $0.22 during mid-day trading on Thursday, hitting $3.30. The company had a trading volume of 4,621,693 shares, compared to its average volume of 19,864,594. The company has a market capitalization of $784.93 million, a PE ratio of -15.74 and a beta of 3.54. The business’s 50-day simple moving average is $4.80 and its 200 day simple moving average is $3.09. HIVE Digital Technologies has a 1-year low of $1.26 and a 1-year high of $7.84. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.55 and a quick ratio of 3.42.

Hedge Funds Weigh In On HIVE Digital Technologies

Several hedge funds have recently added to or reduced their stakes in HIVE. Sender Co & Partners Inc. purchased a new stake in shares of HIVE Digital Technologies during the 3rd quarter worth approximately $70,000. XTX Topco Ltd grew its position in shares of HIVE Digital Technologies by 37.6% in the 3rd quarter. XTX Topco Ltd now owns 165,834 shares of the company’s stock valued at $668,000 after buying an additional 45,307 shares during the last quarter. Tidal Investments LLC grew its position in shares of HIVE Digital Technologies by 15.4% in the 3rd quarter. Tidal Investments LLC now owns 4,771,312 shares of the company’s stock valued at $19,228,000 after buying an additional 637,679 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in HIVE Digital Technologies during the 3rd quarter worth $239,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in HIVE Digital Technologies by 55.0% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,780,876 shares of the company’s stock worth $11,212,000 after acquiring an additional 987,314 shares in the last quarter. 24.42% of the stock is currently owned by hedge funds and other institutional investors.

About HIVE Digital Technologies

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.