Northland Capmk Issues Pessimistic Outlook for HIVE Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Northland Capmk lowered their Q3 2026 earnings per share estimates for HIVE Digital Technologies in a research report issued on Monday, June 9th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings per share of $0.02 for the quarter, down from their prior estimate of $0.04. 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’ Q4 2026 earnings at $0.05 EPS.

HIVE has been the topic of a number of other research reports. HC Wainwright restated a “buy” rating and issued a $10.00 target price (up previously from $8.00) on shares of HIVE Digital Technologies in a report on Thursday, February 13th. Cantor Fitzgerald dropped their target price on HIVE Digital Technologies from $10.00 to $8.00 and set an “overweight” rating on the stock in a report on Tuesday, March 11th. Rosenblatt Securities assumed coverage on HIVE Digital Technologies in a report on Friday, March 7th. They issued a “buy” rating and a $6.00 target price on the stock. Wall Street Zen upgraded HIVE Digital Technologies to a “sell” rating in a report on Saturday, May 17th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $9.00 target price on shares of HIVE Digital Technologies in a report on Wednesday, March 26th. One research analyst has rated the stock with a sell rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $7.64.

HIVE Digital Technologies Trading Down 1.0%

Shares of HIVE Digital Technologies stock opened at $2.00 on Tuesday. HIVE Digital Technologies has a 52 week low of $1.26 and a 52 week high of $5.54. The company has a debt-to-equity ratio of 0.03, a quick ratio of 10.41 and a current ratio of 10.41. The stock has a 50 day moving average price of $1.76 and a two-hundred day moving average price of $2.43. The stock has a market capitalization of $374.48 million, a PE ratio of -40.00 and a beta of 3.45.

Institutional Trading of HIVE Digital Technologies

Several hedge funds have recently made changes to their positions in the company. Lifeworks Advisors LLC raised its stake in shares of HIVE Digital Technologies by 46.2% during the 4th quarter. Lifeworks Advisors LLC now owns 16,307 shares of the company’s stock valued at $46,000 after purchasing an additional 5,152 shares during the period. Wells Fargo & Company MN raised its stake in shares of HIVE Digital Technologies by 60.9% during the 4th quarter. Wells Fargo & Company MN now owns 15,320 shares of the company’s stock valued at $44,000 after purchasing an additional 5,800 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of 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. SBI Securities Co. Ltd. raised its stake in shares of HIVE Digital Technologies by 30.9% during the 1st quarter. SBI Securities Co. Ltd. now owns 31,950 shares of the company’s stock valued at $46,000 after purchasing an additional 7,535 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of HIVE Digital Technologies during the 4th quarter valued at $26,000. 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.