Last Update11 Dec 24Fair value Increased 90%
HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Equities researchers at HC Wainwright raised their FY2025 EPS estimates for shares of HIVE Digital Technologies in a research note issued on Thursday, November 14th. HC Wainwright analyst M. Colonnese now forecasts that the company will post earnings per share of ($0.33) for the year, up from their prior estimate of ($0.35). HC Wainwright has a "Buy" rating and a $8.00 price target on the stock. The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.27) per share. HC Wainwright also issued estimates for HIVE Digital Technologies' Q4 2025 earnings at ($0.07) EPS and Q4 2026 earnings at $0.03 EPS. HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.09) by $0.03. The business had revenue of $22.65 million for the quarter, compared to analyst estimates of $25.32 million. HIVE Digital Technologies had a negative return on equity of 10.78% and a negative net margin of 12.04%. During the same period in the previous year, the company posted ($0.29) earnings per share.
HIVE has been the subject of several other reports. Canaccord Genuity Group upped their target price on shares of HIVE Digital Technologies from $6.00 to $7.00 and gave the company a "buy" rating in a research note on Thursday. Northland Securities lifted their target price on HIVE Digital Technologies from $5.50 to $7.00 and gave the stock an "outperform" rating in a research report on Thursday. Cantor Fitzgerald initiated coverage on HIVE Digital Technologies in a report on Tuesday, October 29th. They issued an "overweight" rating and a $9.00 price target for the company. Finally, Northland Capmk raised HIVE Digital Technologies to a "strong-buy" rating in a report on Thursday, September 19th. One analyst has rated the stock with a sell rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $7.40. Shares of HIVE stock traded down $0.11 during trading hours on Monday, reaching $4.32. 4,790,618 shares of the company's stock were exchanged, compared to its average volume of 3,573,193. HIVE Digital Technologies has a fifty-two week low of $2.18 and a fifty-two week high of $5.74. The company has a quick ratio of 7.35, a current ratio of 5.56 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $547.91 million, a P/E ratio of -30.85 and a beta of 3.43. The business has a fifty day moving average price of $3.57 and a 200-day moving average price of $3.23.Institutional Trading of HIVE Digital Technologies
A number of large investors have recently bought and sold shares of the stock. Lifeworks Advisors LLC acquired a new stake in shares of HIVE Digital Technologies in the 3rd quarter valued at $35,000. Vanguard Personalized Indexing Management LLC acquired a new position in HIVE Digital Technologies in the second quarter valued at about $36,000. Gladstone Institutional Advisory LLC bought a new stake in HIVE Digital Technologies during the third quarter worth about $44,000. Quadrature Capital Ltd acquired a new stake in shares of HIVE Digital Technologies during the third quarter worth approximately $50,000. Finally, Wellington Management Group LLP bought a new position in shares of HIVE Digital Technologies in the third quarter valued at approximately $120,000. 24.42% of the stock is currently owned by institutional investors.
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