Northland Capmk Has Positive Outlook for HIVE Q2 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Equities research analysts at Northland Capmk lifted their Q2 2026 earnings per share estimates for HIVE Digital Technologies in a research note issued to investors on Wednesday, January 29th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings of $0.05 per share for the quarter, up from their previous estimate of $0.01. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.34) per share. Northland Capmk also issued estimates for HIVE Digital Technologies’ Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.20 EPS.

Other analysts have also issued reports about the stock. Roth Capital upgraded shares of HIVE Digital Technologies to a “strong-buy” rating in a report on Wednesday, December 18th. Northland Securities lifted their price target on HIVE Digital Technologies from $5.50 to $7.00 and gave the company an “outperform” rating in a research report on Thursday, November 14th. Keefe, Bruyette & Woods started coverage on shares of HIVE Digital Technologies in a research report on Wednesday, January 8th. They issued an “outperform” rating on the stock. Cantor Fitzgerald reissued an “overweight” rating and set a $9.00 price target on shares of HIVE Digital Technologies in a research report on Tuesday, November 19th. Finally, StockNews.com raised shares of HIVE Digital Technologies to a “sell” rating in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, HIVE Digital Technologies presently has an average rating of “Buy” and an average target price of $7.42.

HIVE Digital Technologies Stock Performance

Shares of HIVE opened at $3.08 on Friday. HIVE Digital Technologies has a 1-year low of $2.18 and a 1-year high of $5.54. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 0.06. The firm’s 50-day moving average price is $3.41 and its 200-day moving average price is $3.45.

HIVE Digital Technologies (NASDAQ:HIVE) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.03. The business had revenue of $22.65 million for the quarter, compared to analysts’ expectations 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 quarter in the previous year, the business posted ($0.29) earnings per share.

Institutional Trading of HIVE Digital Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Gladstone Institutional Advisory LLC purchased a new stake in shares of HIVE Digital Technologies during the third quarter valued at approximately $44,000. Lifeworks Advisors LLC bought a new position in HIVE Digital Technologies in the 3rd quarter valued at approximately $35,000. Charles Schwab Investment Management Inc. boosted its stake 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 purchasing an additional 106,103 shares during the last quarter. Centiva Capital LP bought a new stake in shares of HIVE Digital Technologies in the 3rd quarter worth $235,000. Finally, Quadrature Capital Ltd purchased a new position in shares of HIVE Digital Technologies in the third quarter worth $50,000. 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.