HC Wainwright Weighs in on HIVE Digital Technologies Ltd.’s Q1 2025 Earnings (NASDAQ:HIVE)

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Stock analysts at HC Wainwright issued their Q1 2025 EPS estimates for shares of HIVE Digital Technologies in a research note issued to investors on Monday, November 20th. HC Wainwright analyst M. Colonnese forecasts that the company will post earnings of ($0.27) per share for the quarter. HC Wainwright has a “Neutral” rating and a $3.50 price objective on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.43) per share. HC Wainwright also issued estimates for HIVE Digital Technologies’ Q2 2025 earnings at ($0.25) EPS, Q3 2025 earnings at ($0.23) EPS, Q4 2025 earnings at ($0.21) EPS and FY2025 earnings at ($0.96) EPS.

Other equities research analysts have also recently issued research reports about the stock. StockNews.com initiated coverage on shares of HIVE Digital Technologies in a research note on Thursday, October 5th. They set a “sell” rating on the stock. Canaccord Genuity Group reduced their price target on HIVE Digital Technologies from $7.00 to $6.00 and set a “buy” rating on the stock in a report on Wednesday, November 15th. Finally, Canaccord Genuity Group reduced their price target on HIVE Digital Technologies from $7.00 to $6.00 and set a “buy” rating on the stock in a report on Wednesday, November 15th.

HIVE Digital Technologies Trading Down 1.7 %

Shares of HIVE opened at $2.95 on Tuesday. HIVE Digital Technologies has a 52-week low of $1.36 and a 52-week high of $6.84. The company has a quick ratio of 3.12, a current ratio of 2.52 and a debt-to-equity ratio of 0.17. The firm’s fifty day moving average is $3.08 and its two-hundred day moving average is $3.78. The stock has a market cap of $258.04 million, a PE ratio of -1.79 and a beta of 3.79.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Toroso Investments LLC raised its holdings in HIVE Digital Technologies by 8,288.1% in the 4th quarter. Toroso Investments LLC now owns 2,121,433 shares of the company’s stock valued at $3,055,000 after buying an additional 2,096,142 shares during the period. State Street Corp raised its holdings in HIVE Digital Technologies by 217.2% in the 2nd quarter. State Street Corp now owns 1,304,662 shares of the company’s stock valued at $6,041,000 after buying an additional 893,402 shares during the period. Millennium Management LLC raised its holdings in HIVE Digital Technologies by 385.4% in the 4th quarter. Millennium Management LLC now owns 578,099 shares of the company’s stock valued at $833,000 after buying an additional 458,999 shares during the period. Renaissance Technologies LLC purchased a new stake in HIVE Digital Technologies in the 2nd quarter valued at about $1,637,000. Finally, Van ECK Associates Corp raised its holdings in HIVE Digital Technologies by 40.6% in the 2nd quarter. Van ECK Associates Corp now owns 1,101,403 shares of the company’s stock valued at $5,099,000 after buying an additional 318,099 shares during the period. Hedge funds and other institutional investors own 13.96% of the company’s stock.

About HIVE Digital Technologies

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.