HIVE Digital Technologies (NASDAQ:HIVE) Trading Down 6.5% – What’s Next?

Posted by Geri Gentry on Aug 12th, 2026

HIVE Digital Technologies Ltd. (NASDAQ:HIVE – Get Free Report) traded down 6.5% during trading on Monday . The stock traded as low as $2.68 and last traded at $2.6550. 4,961,850 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 18,775,678 shares. The stock had previously closed at $2.84.

Analysts Set New Price Targets

HIVE has been the topic of several research reports. UBS Group set a $8.00 price objective on shares of HIVE Digital Technologies in a research note on Wednesday, June 3rd. Weiss Ratings downgraded HIVE Digital Technologies from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, June 15th. HC Wainwright reaffirmed a “buy” rating and set a $7.00 target price on shares of HIVE Digital Technologies in a report on Wednesday, June 3rd. Rosenblatt Securities raised their price target on HIVE Digital Technologies from $5.00 to $5.50 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Keefe, Bruyette & Woods boosted their price objective on HIVE Digital Technologies from $3.00 to $5.00 and gave the company a “market perform” rating in a research report on Friday, June 5th. Seven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $6.95.

Check Out Our Latest Research Report on HIVE

HIVE Digital Technologies Stock Performance

The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.10. The company has a 50-day moving average price of $3.43 and a 200-day moving average price of $2.87. The firm has a market capitalization of $709.18 million, a price-to-earnings ratio of -4.71 and a beta of 3.78.

HIVE Digital Technologies (NASDAQ:HIVE – Get Free Report) last posted its earnings results on Tuesday, June 2nd. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.07). The business had revenue of $71.82 million during the quarter, compared to analyst estimates of $79.99 million. HIVE Digital Technologies had a negative net margin of 49.21% and a negative return on equity of 23.12%. As a group, equities research analysts forecast that HIVE Digital Technologies Ltd. will post -0.78 earnings per share for the current year.

Insider Transactions at HIVE Digital Technologies

In other news, COO Luke Rossy sold 215,000 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $3.97, for a total value of $853,550.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Susan B. Mcgee sold 125,000 shares of HIVE Digital Technologies stock in a transaction dated Friday, June 19th. The shares were sold at an average price of $4.25, for a total transaction of $531,250.00. Following the sale, the director owned 125,000 shares in the company, valued at approximately $531,250. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 681,700 shares of company stock valued at $2,937,876.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Heck Capital Advisors LLC acquired a new stake in HIVE Digital Technologies in the second quarter worth approximately $67,000. Hennion & Walsh Asset Management Inc. raised its position in HIVE Digital Technologies by 8.0% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 398,871 shares of the company’s stock worth $1,452,000 after acquiring an additional 29,641 shares in the last quarter. Acasta Partners UK LLP bought a new position in shares of HIVE Digital Technologies during the 2nd quarter valued at about $3,640,000. Stillwater Private Wealth LLC bought a new stake in shares of HIVE Digital Technologies in the 1st quarter worth approximately $38,000. Finally, Situational Awareness LP bought a new stake in HIVE Digital Technologies during the first quarter worth approximately $6,444,000. 24.42% of the stock is currently owned by institutional investors.

HIVE Digital Technologies Company Profile

(Get Free Report)

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.