Research Analysts Issue Forecasts for HIVE FY2025 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Research analysts at B. Riley upped their FY2025 earnings per share estimates for HIVE Digital Technologies in a note issued to investors on Wednesday, December 18th. B. Riley analyst L. Pipes now forecasts that the company will post earnings of ($0.32) per share for the year, up from their previous estimate of ($0.33). The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.33) per share. B. Riley also issued estimates for HIVE Digital Technologies’ Q4 2025 earnings at ($0.07) EPS and FY2027 earnings at $0.39 EPS.

Several other equities research analysts have also issued reports on HIVE. Northland Capmk raised HIVE Digital Technologies to a “strong-buy” rating in a research note on Thursday, September 19th. Cantor Fitzgerald restated an “overweight” rating and issued a $9.00 price objective on shares of HIVE Digital Technologies in a research report on Tuesday, November 19th. StockNews.com upgraded shares of HIVE Digital Technologies to a “sell” rating in a research report on Tuesday, December 3rd. Roth Capital raised shares of HIVE Digital Technologies to a “strong-buy” rating in a report on Wednesday, December 18th. Finally, Canaccord Genuity Group raised their price objective 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. One investment analyst has rated the stock with a sell rating, six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $7.42.

HIVE Digital Technologies Stock Down 5.1 %

Shares of NASDAQ:HIVE opened at $2.97 on Monday. The firm has a fifty day moving average price of $3.97 and a two-hundred day moving average price of $3.47. The company has a market cap of $407.78 million, a price-to-earnings ratio of -21.21 and a beta of 3.39. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.56 and a quick ratio of 5.56. HIVE Digital Technologies has a one year low of $2.18 and a one year high of $5.74.

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

Institutional Investors Weigh In On HIVE Digital Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. XTX Topco Ltd bought a new position in HIVE Digital Technologies during the 3rd quarter worth approximately $463,000. Van ECK Associates Corp boosted its stake in shares of HIVE Digital Technologies by 35.4% during the second quarter. Van ECK Associates Corp now owns 3,894,605 shares of the company’s stock valued at $11,995,000 after purchasing an additional 1,018,231 shares during the period. Wellington Management Group LLP bought a new position in shares of HIVE Digital Technologies in the third quarter worth approximately $120,000. Centiva Capital LP purchased a new position in shares of HIVE Digital Technologies in the third quarter worth $235,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in HIVE Digital Technologies by 48.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 325,216 shares of the company’s stock valued at $1,018,000 after buying an additional 106,103 shares during the last quarter. Institutional investors own 24.42% of the company’s stock.

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.