HIVE Digital Technologies Ltd. (NASDAQ:HIVE – Free Report) – Investment analysts at Roth Capital upped their FY2025 earnings estimates for HIVE Digital Technologies in a report released on Monday, January 6th. Roth Capital analyst D. Aftahi now forecasts 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 – Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.03. HIVE Digital Technologies had a negative return on equity of 10.78% and a negative net margin of 12.04%. The business had revenue of $22.65 million during the quarter, compared to the consensus estimate of $25.32 million. During the same quarter in the previous year, the business earned ($0.29) earnings per share.
Read Our Latest Analysis on HIVE Digital Technologies
HIVE Digital Technologies Stock Down 0.3 %
HIVE opened at $3.12 on Thursday. HIVE Digital Technologies has a 12 month low of $2.18 and a 12 month high of $5.54. The business has a 50-day moving average of $3.79 and a two-hundred day moving average of $3.47. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.56 and a quick ratio of 5.56. The stock has a market capitalization of $437.39 million, a price-to-earnings ratio of -22.28 and a beta of 3.46.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. State Street Corp raised its holdings in shares of HIVE Digital Technologies by 2.9% during the 3rd quarter. State Street Corp now owns 3,214,101 shares of the company’s stock valued at $10,060,000 after buying an additional 91,056 shares during the period. Charles Schwab Investment Management Inc. grew its position in HIVE Digital Technologies by 48.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 325,216 shares of the company’s stock valued at $1,018,000 after acquiring an additional 106,103 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of HIVE Digital Technologies during the third quarter valued at approximately $463,000. Centiva Capital LP acquired a new position in shares of HIVE Digital Technologies during the third quarter worth $235,000. Finally, Virtu Financial LLC boosted its stake in shares of HIVE Digital Technologies by 527.9% in the third quarter. Virtu Financial LLC now owns 71,990 shares of the company’s stock valued at $225,000 after purchasing an additional 60,524 shares during the period. Institutional investors and hedge funds 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.
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