FY2027 Earnings Forecast for HIVE Issued By HC Wainwright

HIVE Digital Technologies Ltd. (NASDAQ:HIVEFree Report) – Equities researchers at HC Wainwright issued their FY2027 earnings per share (EPS) estimates for HIVE Digital Technologies in a research note issued on Monday, August 17th. HC Wainwright analyst M. Colonnese anticipates that the company will post earnings of ($0.50) per share for the year. HC Wainwright has a “Buy” rating and a $7.00 price objective on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.78) per share.

HIVE Digital Technologies (NASDAQ:HIVEGet Free Report) last announced its earnings results on Friday, August 14th. The company reported ($0.54) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.33). HIVE Digital Technologies had a negative net margin of 98.49% and a negative return on equity of 31.98%. The business had revenue of $79.12 million during the quarter, compared to analyst estimates of $81.72 million. During the same quarter last year, the business posted $0.18 earnings per share.

Other equities analysts also recently issued reports about the stock. Rosenblatt Securities boosted their target price on shares of HIVE Digital Technologies from $5.00 to $5.50 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Weiss Ratings raised shares of HIVE Digital Technologies from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, August 14th. Wall Street Zen lowered shares of HIVE Digital Technologies from a “sell” rating to a “strong sell” rating in a report on Sunday, July 12th. Chardan Capital reissued a “buy” rating and issued a $7.50 price target on shares of HIVE Digital Technologies in a report on Monday. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $10.00 price objective on shares of HIVE Digital Technologies in a research report on Tuesday. Seven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $6.95.

Check Out Our Latest Stock Analysis on HIVE Digital Technologies

HIVE Digital Technologies Stock Up 1.4%

Shares of NASDAQ HIVE opened at $2.82 on Thursday. HIVE Digital Technologies has a 12-month low of $1.73 and a 12-month high of $7.84. The firm’s 50-day simple moving average is $3.29 and its 200 day simple moving average is $2.86. The company has a quick ratio of 1.10, a current ratio of 1.96 and a debt-to-equity ratio of 0.85. The company has a market cap of $773.47 million, a price-to-earnings ratio of -2.19 and a beta of 3.78.

Insider Buying and Selling

In other HIVE Digital Technologies news, Director Susan B. Mcgee sold 125,000 shares of the company’s 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 transaction, the director directly owned 125,000 shares in the company, valued at approximately $531,250. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Luke Rossy sold 215,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $3.97, for a total transaction of $853,550.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 781,700 shares of company stock worth $3,209,876 over the last three months. 9.44% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On HIVE Digital Technologies

Large investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. boosted its stake in HIVE Digital Technologies by 23.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 26,148 shares of the company’s stock valued at $67,000 after acquiring an additional 4,964 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of HIVE Digital Technologies by 98.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 13,996 shares of the company’s stock valued at $36,000 after acquiring an additional 6,956 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of HIVE Digital Technologies by 10.9% in the 4th quarter. Captrust Financial Advisors now owns 73,849 shares of the company’s stock valued at $191,000 after purchasing an additional 7,271 shares during the period. Invesco Ltd. lifted its stake in shares of HIVE Digital Technologies by 6.4% in the 2nd quarter. Invesco Ltd. now owns 152,782 shares of the company’s stock valued at $275,000 after purchasing an additional 9,241 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of HIVE Digital Technologies by 1,885.8% in the 4th quarter. NewEdge Advisors LLC now owns 9,929 shares of the company’s stock valued at $26,000 after purchasing an additional 9,429 shares during the period. 24.42% of the stock is currently owned by institutional investors and hedge funds.

HIVE Digital Technologies News Summary

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

  • Positive Sentiment: Analysts raised forward earnings forecasts. Northland Securities improved its FY2027 EPS estimate to a loss of $0.58 from a loss of $0.72, while lifting estimates for the second, third and fourth quarters of FY2027. HC Wainwright also raised its quarterly forecasts and projects a smaller FY2028 loss of $0.23 per share.
  • Positive Sentiment: AI cloud growth is strengthening the investment narrative. HIVE is ramping a five-year GPU cloud contract generating approximately $70 million in annual recurring revenue and is targeting $200 million in ARR. The company plans to use Bitcoin-mining cash flow to fund AI and high-performance computing expansion. HIVE Q1 Earnings Call Focuses on GPU Cloud Contract Ramp
  • Positive Sentiment: Brokerage support remains favorable. HC Wainwright maintained a Buy rating with a $7 price target, and Canaccord Genuity reiterated Buy with a $10 target. The broader analyst view is reported as “Moderate Buy.” Canaccord Genuity Group Reiterates Buy Rating
  • Neutral Sentiment: The AI deal could be transformative but execution-dependent. Coverage of HIVE’s approximately $350 million AI cloud agreement has increased investor interest, but the stock’s ability to sustain its advance depends on successfully deploying capacity and converting the contract into recurring revenue. Will New US$350 Million AI Cloud Deal Change HIVE’s Narrative?
  • Negative Sentiment: Insider selling adds some pressure. Director Dave Perrill sold 100,000 shares for approximately $272,000 at an average price of $2.72. One transaction does not establish a trend, but it can weigh on sentiment.
  • Negative Sentiment: HIVE remains unprofitable. The company recently reported a quarterly EPS loss of $0.54, wider than the $0.21 analyst consensus, and revenue of $79.1 million below expectations of $81.7 million. Analysts still expect a loss for the current fiscal year, making the AI expansion plan and improving forecasts important to the valuation.

HIVE Digital Technologies Company Profile

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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.

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Earnings History and Estimates for HIVE Digital Technologies (NASDAQ:HIVE)

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