Q1 EPS Estimates for HIVE Increased by Northland Securities

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Stock analysts at Northland Securities lifted their Q1 2027 earnings per share (EPS) estimates for shares of HIVE Digital Technologies in a research note issued to investors on Tuesday, June 2nd. Northland Securities analyst M. Grondahl now anticipates that the company will earn ($0.20) per share for the quarter, up from their prior estimate of ($0.22). The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.65) per share. Northland Securities also issued estimates for HIVE Digital Technologies’ Q2 2027 earnings at ($0.19) EPS, Q3 2027 earnings at ($0.18) EPS, Q4 2027 earnings at ($0.14) EPS and FY2027 earnings at ($0.72) EPS.

HIVE Digital Technologies (NASDAQ:HIVE) last released its quarterly earnings data on Tuesday, June 2nd. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.07). HIVE Digital Technologies had a negative net margin of 49.21% and a negative return on equity of 23.12%. The business had revenue of $71.82 million during the quarter, compared to analysts’ expectations of $79.99 million.

A number of other research firms also recently issued reports on HIVE. UBS Group set a $8.00 price target on HIVE Digital Technologies in a research note on Wednesday. Cantor Fitzgerald set a $7.00 price target on HIVE Digital Technologies in a research note on Thursday. Canaccord Genuity Group restated a “buy” rating and set a $10.00 price target on shares of HIVE Digital Technologies in a research note on Friday, April 24th. New Street Research set a $5.00 price target on HIVE Digital Technologies in a research note on Thursday, February 19th. Finally, HC Wainwright restated a “buy” rating and set a $7.00 price target on shares of HIVE Digital Technologies in a research note on Wednesday. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.75.

HIVE Digital Technologies Trading Down 0.2%

NASDAQ:HIVE opened at $4.37 on Friday. The stock’s 50 day moving average price is $2.86 and its 200 day moving average price is $2.76. The company has a market capitalization of $1.16 billion, a PE ratio of -7.80 and a beta of 3.74. The company has a quick ratio of 1.74, a current ratio of 1.10 and a debt-to-equity ratio of 0.10. HIVE Digital Technologies has a 52-week low of $1.60 and a 52-week high of $7.84.

Institutional Trading of HIVE Digital Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in HIVE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in HIVE Digital Technologies by 18.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 878,457 shares of the company’s stock valued at $1,283,000 after acquiring an additional 137,651 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in HIVE Digital Technologies by 328.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,877 shares of the company’s stock valued at $755,000 after acquiring an additional 399,223 shares during the last quarter. Geode Capital Management LLC raised its stake in HIVE Digital Technologies by 11.0% during the 2nd quarter. Geode Capital Management LLC now owns 1,296,531 shares of the company’s stock valued at $2,334,000 after acquiring an additional 128,760 shares during the last quarter. JPMorgan Chase & Co. raised its stake in HIVE Digital Technologies by 397,216.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 397,316 shares of the company’s stock valued at $715,000 after acquiring an additional 397,216 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in HIVE Digital Technologies by 232.8% during the 2nd quarter. Franklin Resources Inc. now owns 62,061 shares of the company’s stock valued at $112,000 after acquiring an additional 43,413 shares during the last quarter. 24.42% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about HIVE Digital Technologies

Here are the key news stories impacting HIVE Digital Technologies this week:

• Positive Sentiment: HC Wainwright reaffirmed its Buy rating and $7.00 price target on HIVE, implying meaningful upside from current levels and reinforcing bullish long-term sentiment.
• Positive Sentiment: Northland Securities raised several of its FY2027 and quarterly earnings estimates for HIVE, including improvements to Q1, Q2, Q3, and Q4 2027 forecasts, signaling slightly better profitability expectations.
• Positive Sentiment: Recent coverage highlighting HIVE’s 158% revenue growth in FY2026 and its AI infrastructure growth story may be helping investors look beyond near-term losses toward future expansion.
• Neutral Sentiment: Unusually large options trading in HIVE suggests elevated investor interest and speculation, but it does not clearly point to a directional catalyst on its own.
• Negative Sentiment: Some analysts trimmed near-term earnings estimates, including HC Wainwright cutting Q1, Q2, Q3, and FY2027 EPS forecasts, which underscores ongoing expectations for losses.
• Negative Sentiment: Despite revenue growth, investors remain focused on HIVE’s continued net losses and the risk that its Bitcoin-mining business faces pressure, which could temper enthusiasm after the stock’s recent rally.

HIVE Digital Technologies Company Profile

HIVE Digital Technologies Ltd is a publicly traded blockchain infrastructure company that specializes in the mining of digital assets such as Bitcoin and Ethereum. Using high-performance GPU and ASIC hardware, HIVE deploys proprietary mining rigs across multiple data centers to validate transactions on major blockchain networks. The company’s operations are designed to maximize hashing power while maintaining efficiency and uptime, enabling it to build and hold a portfolio of mined cryptocurrencies.

Headquartered in Vancouver, British Columbia, HIVE Digital operates data center facilities in North America and Europe, including Canada, Sweden and Iceland.