Roth Capital Has Positive Estimate for HIVE FY2025 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Equities research analysts at Roth Capital increased their FY2025 earnings estimates for HIVE Digital Technologies in a research report issued on Monday, January 6th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings of ($0.38) per share for the year, up from their prior forecast of ($0.39). Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.33) per share. Roth Capital also issued estimates for HIVE Digital Technologies’ Q1 2026 earnings at ($0.07) EPS, Q3 2026 earnings at ($0.03) EPS, FY2027 earnings at $0.16 EPS and FY2028 earnings at ($0.07) EPS.

HIVE Digital Technologies (NASDAQ:HIVE) last announced its earnings results on Tuesday, November 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.03. HIVE Digital Technologies had a negative net margin of 12.04% and a negative return on equity of 10.78%. The company had revenue of $22.65 million for the quarter, compared to the consensus estimate of $25.32 million. During the same period in the previous year, the business earned ($0.29) EPS.

A number of other equities analysts also recently weighed in on the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $9.00 target price on shares of HIVE Digital Technologies in a report on Tuesday, November 19th. Canaccord Genuity Group lifted their target price on shares of HIVE Digital Technologies from $6.00 to $7.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Northland Securities upped their price target on shares of HIVE Digital Technologies from $5.50 to $7.00 and gave the stock an “outperform” rating in a research note on Thursday, November 14th. StockNews.com upgraded HIVE Digital Technologies to a “sell” rating in a report on Tuesday, December 3rd. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $8.00 target price on shares of HIVE Digital Technologies in a research report on Tuesday, December 3rd. One analyst has rated the stock with a sell rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $7.42.

HIVE Digital Technologies Stock Down 0.3 %

Shares of HIVE Digital Technologies stock opened at $3.12 on Thursday. HIVE Digital Technologies has a 1 year low of $2.18 and a 1 year high of $5.54. The company has a market cap of $437.39 million, a P/E ratio of -22.28 and a beta of 3.46. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average price of $3.80 and a 200 day moving average price of $3.47.

Institutional Investors Weigh In On HIVE Digital Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lifeworks Advisors LLC acquired a new position in HIVE Digital Technologies during the third quarter valued at approximately $35,000. Vanguard Personalized Indexing Management LLC bought a new position in HIVE Digital Technologies in the 2nd quarter worth $36,000. Gladstone Institutional Advisory LLC bought a new position in HIVE Digital Technologies in the 3rd quarter worth $44,000. Quadrature Capital Ltd acquired a new position in HIVE Digital Technologies during the 3rd quarter worth $50,000. Finally, Wellington Management Group LLP bought a new stake in HIVE Digital Technologies during the third quarter valued at about $120,000. 24.42% of the stock is currently owned by institutional investors and hedge funds.

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.