Roth Capital Issues Negative Estimate for HIVE Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Roth Capital lowered their Q1 2026 earnings estimates for HIVE Digital Technologies in a note issued to investors on Thursday, January 30th. Roth Capital analyst D. Aftahi now forecasts that the company will earn ($0.07) per share for the quarter, down from their prior estimate of ($0.06). Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.34) per share. Roth Capital also issued estimates for HIVE Digital Technologies’ Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at $0.13 EPS, FY2026 earnings at $0.07 EPS, FY2027 earnings at $0.43 EPS and FY2028 earnings at $0.04 EPS.

HIVE Digital Technologies (NASDAQ:HIVE) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $22.65 million for the quarter, compared to analysts’ expectations of $25.32 million. During the same period in the prior year, the business posted ($0.29) earnings per share.

A number of other analysts have also weighed in on HIVE. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $9.00 price objective on shares of HIVE Digital Technologies in a research note on Tuesday, November 19th. StockNews.com raised shares of HIVE Digital Technologies to a “sell” rating in a research note on Tuesday, January 14th. Roth Mkm initiated coverage on shares of HIVE Digital Technologies in a research note on Thursday, December 19th. They issued a “buy” rating and a $7.50 price objective for the company. Canaccord Genuity Group increased their price target on shares of HIVE Digital Technologies from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Finally, Northland Securities increased their price target on shares of HIVE Digital Technologies from $5.50 to $7.00 and gave the company an “outperform” rating in a research report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, HIVE Digital Technologies presently has an average rating of “Buy” and an average target price of $7.42.

HIVE Digital Technologies Stock Up 0.3 %

NASDAQ:HIVE opened at $2.92 on Monday. HIVE Digital Technologies has a 1-year low of $2.18 and a 1-year high of $5.54. The company has a 50-day moving average of $3.35 and a 200 day moving average of $3.42. The firm has a market cap of $432.37 million, a PE ratio of -20.86 and a beta of 3.46. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.56 and a quick ratio of 5.56.

Hedge Funds Weigh In On HIVE Digital Technologies

Hedge funds have recently modified their holdings of the stock. Lifeworks Advisors LLC acquired a new position in shares of HIVE Digital Technologies during the third quarter valued at about $35,000. Gladstone Institutional Advisory LLC acquired a new position in shares of HIVE Digital Technologies during the third quarter valued at about $44,000. Quadrature Capital Ltd acquired a new position in shares of HIVE Digital Technologies during the third quarter valued at about $50,000. Tobam increased its holdings in shares of HIVE Digital Technologies by 198.6% during the fourth quarter. Tobam now owns 19,060 shares of the company’s stock valued at $54,000 after acquiring an additional 12,676 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new position in shares of HIVE Digital Technologies during the third quarter valued at about $120,000. Institutional investors and hedge funds own 24.42% of the company’s stock.

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.