B. Riley Has Optimistic Outlook of HIVE FY2025 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Research analysts at B. Riley lifted their FY2025 EPS estimates for shares of HIVE Digital Technologies in a note issued to investors on Wednesday, December 18th. B. Riley analyst L. Pipes now anticipates that the company will earn ($0.32) per share for the year, up from their previous forecast of ($0.33). The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.33) per share. B. Riley also issued estimates for HIVE Digital Technologies’ Q4 2025 earnings at ($0.07) EPS and FY2027 earnings at $0.39 EPS.

HIVE Digital Technologies (NASDAQ:HIVE) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.03. The firm had revenue of $22.65 million during the quarter, compared to the consensus estimate of $25.32 million. HIVE Digital Technologies had a negative net margin of 12.04% and a negative return on equity of 10.78%. During the same period in the prior year, the firm posted ($0.29) earnings per share.

HIVE has been the topic of several other reports. Cantor Fitzgerald reissued an “overweight” rating and set a $9.00 target price on shares of HIVE Digital Technologies in a research note on Tuesday, November 19th. HC Wainwright reissued a “buy” rating and set a $8.00 price objective on shares of HIVE Digital Technologies in a research report on Tuesday, December 3rd. Roth Mkm initiated coverage on shares of HIVE Digital Technologies in a report on Thursday, December 19th. They issued a “buy” rating and a $7.50 price objective for the company. Roth Capital raised shares of HIVE Digital Technologies to a “strong-buy” rating in a research note on Wednesday, December 18th. Finally, Northland Securities boosted their price target on shares of HIVE Digital Technologies from $5.50 to $7.00 and gave the company an “outperform” rating in a research report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, six have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $7.42.

HIVE Digital Technologies Trading Up 5.4 %

HIVE opened at $3.13 on Monday. HIVE Digital Technologies has a one year low of $2.18 and a one year high of $5.74. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.56 and a quick ratio of 5.56. The business has a 50 day simple moving average of $3.97 and a two-hundred day simple moving average of $3.47. The firm has a market capitalization of $429.75 million, a price-to-earnings ratio of -22.36 and a beta of 3.39.

Institutional Trading of HIVE Digital Technologies

Hedge funds have recently modified their holdings of the business. XTX Topco Ltd purchased a new stake in HIVE Digital Technologies in the third quarter worth about $463,000. Van ECK Associates Corp grew its stake in shares of HIVE Digital Technologies by 35.4% in the 2nd quarter. Van ECK Associates Corp now owns 3,894,605 shares of the company’s stock worth $11,995,000 after buying an additional 1,018,231 shares during the last quarter. Wellington Management Group LLP bought a new position in HIVE Digital Technologies during the 3rd quarter valued at approximately $120,000. Centiva Capital LP purchased a new position in HIVE Digital Technologies during the third quarter valued at $235,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in HIVE Digital Technologies by 48.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 325,216 shares of the company’s stock worth $1,018,000 after acquiring an additional 106,103 shares in the last quarter. Institutional investors own 24.42% of the company’s stock.

HIVE Digital Technologies Company Profile

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. The company was formerly known as HIVE Blockchain Technologies Ltd.