HIVE Digital Technologies (TSXV:HIVE) - Stock Price, News & Analysis

HIVE Stock Overview

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland.

HIVE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Revenue is forecast to grow 16.68% per year

Risk Analysis

Has less than 1 year of cash runway

Earnings are forecast to decline by an average of 44.7% per year for the next 3 years

Shareholders have been diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 1 more risk

HIVE Digital Technologies Ltd. Competitors

Copperleaf Technologies

TSX:CPLF

CA$497.2m

Tiny

TSXV:TINY

CA$450.2m

TSX:QFOR

CA$243.4m

Computer Modelling Group

TSX:CMG

CA$852.4m

Price History & Performance

Summary of all time highs, changes and price drops for HIVE Digital Technologies
Historical stock prices
Current Share Price	CA$3.74
52 Week High	CA$8.96
52 Week Low	CA$3.52
Beta	4.29
1 Month Change	-13.43%
3 Month Change	-12.41%
1 Year Change	-14.42%
3 Year Change	-78.93%
5 Year Change	46.67%
Change since IPO	-94.02%

Slammed 25% HIVE Digital Technologies Ltd. (CVE:HIVE) Screens Well Here But There Might Be A Catch

Mar 23

Market Cool On HIVE Digital Technologies Ltd.'s (CVE:HIVE) Revenues Pushing Shares 28% Lower

Feb 03

HIVE Digital Technologies Ltd.'s (CVE:HIVE) 25% Jump Shows Its Popularity With Investors

Dec 20

Recent updates

Slammed 25% HIVE Digital Technologies Ltd. (CVE:HIVE) Screens Well Here But There Might Be A Catch

Mar 23

Market Cool On HIVE Digital Technologies Ltd.'s (CVE:HIVE) Revenues Pushing Shares 28% Lower

Feb 03

HIVE Digital Technologies Ltd.'s (CVE:HIVE) 25% Jump Shows Its Popularity With Investors

Dec 20

Under The Bonnet, HIVE Blockchain Technologies' (CVE:HIVE) Returns Look Impressive

Jul 19

Is Now The Time To Put HIVE Blockchain Technologies (CVE:HIVE) On Your Watchlist?

Jun 12

HIVE Blockchain Technologies Ltd.'s (CVE:HIVE) 30% Dip In Price Shows Sentiment Is Matching Earnings

Apr 28

HIVE Blockchain Technologies (CVE:HIVE) Could Become A Multi-Bagger

Mar 30

Do HIVE Blockchain Technologies's (CVE:HIVE) Earnings Warrant Your Attention?

Mar 09

Here's Why HIVE Blockchain Technologies (CVE:HIVE) Can Manage Its Debt Responsibly

Feb 16

Investors Should Be Encouraged By HIVE Blockchain Technologies' (CVE:HIVE) Returns On Capital

Nov 03

HIVE Blockchain Technologies (CVE:HIVE) Has A Pretty Healthy Balance Sheet

Sep 28

Here's Why We Don't Think HIVE Blockchain Technologies's (CVE:HIVE) Statutory Earnings Reflect Its Underlying Earnings Potential

Jan 20

Shareholder Returns

	HIVE	CA Software	CA Market
7D	-4.6%	-0.7%	-1.9%
1Y	-14.4%	31.7%	3.7%

Return vs Industry: HIVE underperformed the Canadian Software industry which returned 31.7% over the past year.

Return vs Market: HIVE underperformed the Canadian Market which returned 3.7% over the past year.

Price Volatility

Is HIVE's price volatile compared to industry and market?
HIVE volatility
HIVE Average Weekly Movement	11.0%
Software Industry Average Movement	9.8%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: HIVE's share price has been volatile over the past 3 months.

Volatility Over Time: HIVE's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	18	Aydin Kilic	hivedigitaltechnologies.com

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.

HIVE Digital Technologies Ltd. Fundamentals Summary

How do HIVE Digital Technologies's earnings and revenue compare to its market cap?
HIVE fundamental statistics
Market cap	CA$382.09m
Earnings (TTM)	-CA$56.39m
Revenue (TTM)	CA$131.68m

3.0x

P/S Ratio

-7.1x

P/E Ratio

Is HIVE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HIVE income statement (TTM)
Revenue	US$95.81m
Cost of Revenue	US$67.88m
Gross Profit	US$27.93m
Other Expenses	US$68.96m
Earnings	-US$41.03m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.38
Gross Margin	29.15%
Net Profit Margin	-42.83%
Debt/Equity Ratio	13.3%

How did HIVE perform over the long term?

See historical performance and comparison

HIVE Stock Overview

Rewards

Risk Analysis

HIVE Digital Technologies Ltd. Competitors

TSX:CPLF

CA$497.2m

TSXV:TINY

CA$450.2m

TSX:QFOR

CA$243.4m

TSX:CMG

CA$852.4m

Price History & Performance

Recent News & Updates

Slammed 25% HIVE Digital Technologies Ltd. (CVE:HIVE) Screens Well Here But There Might Be A Catch

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Market Cool On HIVE Digital Technologies Ltd.'s (CVE:HIVE) Revenues Pushing Shares 28% Lower

Independent Director recently sold CA$52k worth of stock

Independent Director exercised options to buy CA$872k worth of stock.

HIVE Digital Technologies Ltd.'s (CVE:HIVE) 25% Jump Shows Its Popularity With Investors

Recent updates

Slammed 25% HIVE Digital Technologies Ltd. (CVE:HIVE) Screens Well Here But There Might Be A Catch

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Market Cool On HIVE Digital Technologies Ltd.'s (CVE:HIVE) Revenues Pushing Shares 28% Lower

Independent Director recently sold CA$52k worth of stock

Independent Director exercised options to buy CA$872k worth of stock.

HIVE Digital Technologies Ltd.'s (CVE:HIVE) 25% Jump Shows Its Popularity With Investors

New major risk - Financial position

Is HIVE Digital Technologies (CVE:HIVE) Using Too Much Debt?

HIVE Digital Technologies Ltd., Annual General Meeting, Oct 17, 2023

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS exceeds analyst expectations

Is HIVE Blockchain Technologies (CVE:HIVE) A Risky Investment?

Independent Director recently sold CA$53k worth of stock

Independent Director recently sold CA$69k worth of stock

Independent Director recently sold CA$55k worth of stock

HIVE Blockchain Technologies (CVE:HIVE) Is Making Moderate Use Of Debt

Third quarter 2023 earnings: EPS misses analyst expectations

Hive Blockchain Technologies Ltd. Appoints Aydin Kilic as Chief Executive Officer

HIVE Blockchain Technologies Ltd. Reports Impairment Results for the Quarter Ended September 30, 2022

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

HIVE Blockchain Technologies Ltd., Annual General Meeting, Dec 20, 2022

Independent Director recently sold CA$75k worth of stock

HIVE Blockchain Technologies Ltd. Appoints Mr. Gabriel Ibghy as General Counsel

Investor sentiment improved over the past week

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

HIVE Blockchain Technologies Ltd. Reports Impairment of Goodwill and Intangibles for the Fourth Quarter Ended March 31, 2022

Investor sentiment improved over the past week

Under The Bonnet, HIVE Blockchain Technologies' (CVE:HIVE) Returns Look Impressive

HIVE Blockchain Technologies Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Form 40 F

HIVE Blockchain Technologies Ltd. to Report Fiscal Year 2022 Results on Jul 15, 2022

Is Now The Time To Put HIVE Blockchain Technologies (CVE:HIVE) On Your Watchlist?

Investor sentiment improved over the past week

Consensus forecasts updated

Investor sentiment deteriorated over the past week

HIVE Blockchain Technologies Ltd.'s (CVE:HIVE) 30% Dip In Price Shows Sentiment Is Matching Earnings

Price target increased to CA$4.38

HIVE Blockchain Technologies (CVE:HIVE) Could Become A Multi-Bagger

Investor sentiment improved over the past week

Do HIVE Blockchain Technologies's (CVE:HIVE) Earnings Warrant Your Attention?

Investor sentiment improved over the past week

Here's Why HIVE Blockchain Technologies (CVE:HIVE) Can Manage Its Debt Responsibly

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

HIVE Blockchain Technologies Ltd. to Report Q3, 2022 Results on Feb 15, 2022

Investor sentiment improved over the past week

Independent Director recently bought CA$128k worth of stock

Investor sentiment deteriorated over the past week

Chief Financial Officer recently sold CA$54k worth of stock

Chief Financial Officer recently sold CA$54k worth of stock

Investor sentiment improved over the past week

Independent Director recently bought CA$92k worth of stock

Investor sentiment deteriorated over the past week

HIVE Blockchain Technologies Ltd. announced that it has received CAD 115.023 million in funding

Chief Financial Officer recently sold CA$74k worth of stock

Independent Director recently sold CA$318k worth of stock

Second quarter 2022 earnings released: EPS US$0.16 (vs US$0.027 in 2Q 2021)

Investor sentiment improved over the past week

Investors Should Be Encouraged By HIVE Blockchain Technologies' (CVE:HIVE) Returns On Capital

Independent Director recently sold CA$881k worth of stock