What is HC Wainwright’s Forecast for HIVE Q1 Earnings?

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Stock analysts at HC Wainwright issued their Q1 2028 earnings estimates for shares of HIVE Digital Technologies in a report released on Monday, August 17th. HC Wainwright analyst M. Colonnese forecasts that the company will post earnings of ($0.05) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $7.00 target price on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.78) per share. HC Wainwright also issued estimates for HIVE Digital Technologies’ Q2 2028 earnings at ($0.05) EPS, Q3 2028 earnings at ($0.06) EPS and Q4 2028 earnings at ($0.07) EPS.

HIVE Digital Technologies (NASDAQ:HIVE) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.33). The company had revenue of $79.12 million during the quarter, compared to analyst estimates of $81.72 million. HIVE Digital Technologies had a negative net margin of 98.49% and a negative return on equity of 29.90%. During the same quarter in the prior year, the firm earned $0.18 earnings per share.

Several other equities analysts also recently commented on the company. Weiss Ratings raised HIVE Digital Technologies from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday. Wall Street Zen downgraded HIVE Digital Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 12th. Rosenblatt Securities increased their price objective on HIVE Digital Technologies from $5.00 to $5.50 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. B. Riley Financial boosted their target price on shares of 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, Canaccord Genuity Group reaffirmed a “buy” rating and set a $10.00 price target on shares of HIVE Digital Technologies in a research report on Friday, June 5th. Seven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, HIVE Digital Technologies has an average rating of “Moderate Buy” and an average price target of $6.95.

HIVE Digital Technologies Trading Up 14.1%

Shares of HIVE stock opened at $3.07 on Tuesday. The firm has a 50 day moving average price of $3.33 and a two-hundred day moving average price of $2.86. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $824.69 million, a PE ratio of -2.38 and a beta of 3.79. HIVE Digital Technologies has a 12-month low of $1.73 and a 12-month high of $7.84.

Insider Buying and Selling at HIVE Digital Technologies

In other news, Director Dave Perrill sold 175,000 shares of the company’s stock in a transaction on Friday, June 19th. The stock was sold at an average price of $4.69, for a total transaction of $820,750.00. Following the completion of the sale, the director directly owned 162,500 shares in the company, valued at approximately $762,125. This represents a 51.85% decrease in their position. The transaction 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 company’s stock in a transaction on Friday, June 19th. The shares were 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 of the company’s stock, valued at approximately $531,250. The trade was a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 681,700 shares of company stock valued at $2,937,876 in the last three months.

Institutional Investors Weigh In On HIVE Digital Technologies

Several institutional investors and hedge funds have recently bought and sold shares of HIVE. NewEdge Advisors LLC grew its stake in HIVE Digital Technologies by 1,885.8% during the fourth quarter. NewEdge Advisors LLC now owns 9,929 shares of the company’s stock worth $26,000 after buying an additional 9,429 shares in the last quarter. Ground Swell Capital LLC acquired a new position in shares of HIVE Digital Technologies in the 4th quarter valued at approximately $27,000. Rafferty Asset Management LLC bought a new stake in shares of HIVE Digital Technologies during the 4th quarter worth approximately $28,000. State of Wyoming acquired a new stake in shares of HIVE Digital Technologies during the 4th quarter worth approximately $28,000. Finally, Verity Asset Management Inc. bought a new position in HIVE Digital Technologies in the second quarter valued at approximately $44,000. Institutional investors own 24.42% of the company’s stock.

Key HIVE Digital Technologies News

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

• Positive Sentiment: HIVE’s BUZZ High Performance Computing subsidiary signed a five-year, approximately $350 million GPU cloud services agreement with an investment-grade enterprise customer. The contract is expected to generate about $70 million in annualized revenue and lift BUZZ HPC’s total annualized revenue to approximately $180 million. HIVE will provide 2,016 Nvidia Blackwell Ultra GPUs. HIVE Digital Technologies inks five-year, $350M GPU cloud agreement
• Positive Sentiment: The company outlined a goal of reaching $200 million in GPU cloud annual recurring revenue, reinforcing its strategy of transitioning from a bitcoin-mining-focused business toward AI and high-performance computing. Sustainable-energy access and advanced cooling capabilities were cited as potential competitive advantages. Hive outlines $200M GPU cloud ARR target
• Positive Sentiment: Analyst support strengthened the bullish reaction. HC Wainwright reaffirmed a Buy rating and a $7 price target, while Chardan Capital reiterated Buy with a $7.50 target—both substantially above the recent trading level. HC Wainwright’s quarterly 2028 forecasts anticipate narrower losses of $0.05 to $0.07 per share.
• Neutral Sentiment: Options activity was unusually high, with investors purchasing 31,500 call options, 46% above typical call volume. This may signal increased speculative interest, but options activity alone does not establish a durable fundamental trend.
• Negative Sentiment: HIVE remains unprofitable: the latest reported quarter included a loss materially wider than analyst expectations, and analysts still forecast a full-year loss of approximately $0.78 per share. The GPU-cloud expansion will also require substantial capital and must be executed successfully to convert the contract into sustained earnings growth.

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.