Q2 Earnings Estimate for HIVE Issued By Northland Securities

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Stock analysts at Northland Securities increased their Q2 2027 earnings per share (EPS) estimates for HIVE Digital Technologies in a note issued to investors on Monday, August 17th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings of ($0.15) per share for the quarter, up from their prior forecast of ($0.19). The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.78) per share. Northland Securities also issued estimates for HIVE Digital Technologies’ Q3 2027 earnings at ($0.14) EPS, Q4 2027 earnings at ($0.10) EPS and FY2027 earnings at ($0.58) EPS.

Other equities research analysts have also issued reports about the stock. UBS Group set a $8.00 target price on shares of HIVE Digital Technologies in a report on Wednesday, June 3rd. Wall Street Zen lowered shares of HIVE Digital Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 12th. Chardan Capital reissued a “buy” rating and issued a $7.50 price objective on shares of HIVE Digital Technologies in a research note on Monday. B. Riley Financial upped their target price on HIVE Digital Technologies from $5.00 to $8.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Finally, Cantor Fitzgerald set a $7.00 target price on shares of HIVE Digital Technologies in a research report on Thursday, June 4th. Seven equities research 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 stock has an average rating of “Moderate Buy” and an average price target of $6.95.

HIVE Digital Technologies Stock Up 1.4%

Shares of HIVE opened at $2.82 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.10 and a current ratio of 1.96. HIVE Digital Technologies has a 52 week low of $1.73 and a 52 week high of $7.84. The stock has a market capitalization of $773.47 million, a price-to-earnings ratio of -2.19 and a beta of 3.78. The stock has a fifty day moving average of $3.29 and a 200-day moving average of $2.86.

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

Institutional Trading of HIVE Digital Technologies

Several institutional investors and hedge funds have recently modified their holdings of HIVE. Two Sigma Investments LP purchased a new stake in shares of HIVE Digital Technologies in the 3rd quarter valued at $17,584,000. Renaissance Technologies LLC purchased a new stake in shares of HIVE Digital Technologies during the fourth quarter valued at approximately $10,914,000. Situational Awareness LP bought a new position in shares of HIVE Digital Technologies in the first quarter worth approximately $6,444,000. Millennium Management LLC grew its holdings in HIVE Digital Technologies by 58.1% in the 4th quarter. Millennium Management LLC now owns 6,900,828 shares of the company’s stock worth $17,804,000 after acquiring an additional 2,536,135 shares during the last quarter. Finally, Vident Advisory LLC increased its holdings in HIVE Digital Technologies by 53.0% during the 2nd quarter. Vident Advisory LLC now owns 3,766,446 shares of the company’s stock valued at $6,780,000 after purchasing an additional 1,305,057 shares during the period. Hedge funds and other institutional investors own 24.42% of the company’s stock.

Insiders Place Their Bets

In related news, Director Dave Perrill sold 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $2.72, for a total transaction of $272,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Susan B. Mcgee sold 125,000 shares of the stock in a transaction on Friday, June 19th. The stock was sold at an average price of $4.25, for a total value of $531,250.00. Following the sale, the director owned 125,000 shares in the company, valued at approximately $531,250. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 781,700 shares of company stock valued at $3,209,876. Company insiders own 9.44% of the company’s stock.

Key Headlines Impacting HIVE Digital Technologies

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.

About HIVE Digital Technologies

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.