HIVE Digital Technologies (NASDAQ:HIVE) Issues Earnings Results, Beats Estimates By $0.01 EPS

HIVE Digital Technologies (NASDAQ:HIVE) posted its earnings results on Monday. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.01, Zacks reports. The firm had revenue of $84.88 million during the quarter, compared to analyst estimates of $79.44 million. HIVE Digital Technologies had a negative net margin of 98.49% and a negative return on equity of 31.98%.

HIVE Digital Technologies Price Performance

Shares of HIVE stock opened at $1.79 on Tuesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.96 and a current ratio of 1.96. HIVE Digital Technologies has a 52-week low of $1.58 and a 52-week high of $5.34. The stock has a market cap of $495.81 million, a PE ratio of -1.38 and a beta of 3.76. The firm’s 50 day moving average price is $2.58 and its two-hundred day moving average price is $2.79.

Insider Buying and Selling

In other news, Director Dave Perrill sold 12,500 shares of the firm’s stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $2.75, for a total transaction of $34,375.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Weiss Ratings upgraded shares of HIVE Digital Technologies from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, August 14th. Chardan Capital reissued a “buy” rating and set a $7.50 target price on shares of HIVE Digital Technologies in a research note on Wednesday, September 16th. Rosenblatt Securities increased their price objective on HIVE Digital Technologies from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Canaccord Genuity Group reiterated a “buy” rating and set a $10.00 price target on shares of HIVE Digital Technologies in a research note on Monday, October 19th. Finally, HC Wainwright reissued a “buy” rating and set a $7.00 target price on shares of HIVE Digital Technologies in a research report on Monday, August 17th. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, HIVE Digital Technologies currently has an average rating of “Moderate Buy” and an average target price of $6.95.

Key HIVE Digital Technologies News

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

• Positive Sentiment: Adjusted EBITDA increased 85%, while revenue was $84.9 million—above the cited $79.4 million analyst estimate. AI GPU revenue grew about 70%, highlighting momentum in HIVE’s computing business. Article: HIVE Digital posts 85% jump in adjusted EBITDA for fiscal Q2 2027 Article: HIVE Q2 revenue and AI GPU update
• Positive Sentiment: HIVE said it added 79 Bitcoin in Q3, bringing its treasury to 269 BTC. It also reported $139 million in cash, which may support investment in its mining and AI-computing operations. Article: HIVE Digital adds 79 Bitcoin in Q3
• Neutral Sentiment: Bitcoin mining output reportedly increased, but falling Bitcoin prices weighed on mining revenue—leaving results sensitive to cryptocurrency market conditions. Article: HIVE, MARA mine more Bitcoin but bring in less revenue as prices slide
• Negative Sentiment: The quarterly loss widened year over year: HIVE reported a loss of $0.15 per share, versus a $0.02 loss a year earlier. Although the loss was slightly better than the $0.16-per-share estimate, reports also noted an HPC revenue shortfall, tempering the positive revenue and AI growth news. Article: HIVE reports Q2 loss, tops revenue estimates Article: HIVE Digital Q2 earnings, HPC revenue miss

HIVE Digital Technologies Company Profile

HIVE Digital Technologies Ltd. is a digital asset infrastructure company focused primarily on Bitcoin mining and the operation of data centers. The company uses specialized computing equipment and energy infrastructure to support cryptocurrency mining, while also developing facilities designed to accommodate high-performance computing and artificial intelligence applications.

Founded as HIVE Blockchain Technologies, the company adopted the HIVE Digital Technologies name in 2023 to reflect its broader focus beyond cryptocurrency mining.