HC Wainwright Has Negative Outlook for HIVE FY2026 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Investment analysts at HC Wainwright dropped their FY2026 EPS estimates for shares of HIVE Digital Technologies in a report released on Tuesday, February 17th. HC Wainwright analyst M. Colonnese now forecasts that the company will post earnings per share of ($0.54) for the year, down from their previous estimate of ($0.29). HC Wainwright has a “Buy” rating on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.32) per share. HC Wainwright also issued estimates for HIVE Digital Technologies’ Q4 2026 earnings at ($0.20) EPS, Q1 2027 earnings at ($0.15) EPS, Q2 2027 earnings at ($0.09) EPS, Q3 2027 earnings at ($0.03) EPS, Q4 2027 earnings at $0.00 EPS and FY2027 earnings at ($0.27) EPS.

Several other equities research analysts also recently issued reports on HIVE. Canaccord Genuity Group reissued a “buy” rating and set a $10.00 price objective on shares of HIVE Digital Technologies in a research report on Friday, November 21st. Wall Street Zen cut HIVE Digital Technologies from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Rosenblatt Securities dropped their price objective on shares of HIVE Digital Technologies from $6.50 to $4.50 and set a “buy” rating on the stock in a research report on Wednesday. B. Riley Financial reduced their price target on HIVE Digital Technologies from $7.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of HIVE Digital Technologies in a report on Wednesday, January 28th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $6.44.

HIVE Digital Technologies Stock Performance

Shares of HIVE Digital Technologies stock opened at $2.12 on Thursday. The company has a current ratio of 1.74, a quick ratio of 2.55 and a debt-to-equity ratio of 0.02. The stock’s fifty day simple moving average is $2.76 and its 200 day simple moving average is $3.47. HIVE Digital Technologies has a 12 month low of $1.26 and a 12 month high of $7.84. The company has a market capitalization of $531.95 million, a PE ratio of -3.53 and a beta of 3.58.

Institutional Investors Weigh In On HIVE Digital Technologies

A number of hedge funds have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in HIVE Digital Technologies by 18.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 878,457 shares of the company’s stock worth $1,283,000 after buying an additional 137,651 shares during the period. Goldman Sachs Group Inc. raised its position in shares of HIVE Digital Technologies by 328.2% during the first quarter. Goldman Sachs Group Inc. now owns 520,877 shares of the company’s stock worth $755,000 after purchasing an additional 399,223 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new position in shares of HIVE Digital Technologies during the second quarter worth approximately $38,000. Chicago Partners Investment Group LLC bought a new position in shares of HIVE Digital Technologies in the 2nd quarter worth $139,000. Finally, Caitong International Asset Management Co. Ltd grew its position in HIVE Digital Technologies by 21.9% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 30,280 shares of the company’s stock valued at $55,000 after purchasing an additional 5,435 shares during the period. 24.42% of the stock is currently owned by institutional investors.

Key Stories Impacting HIVE Digital Technologies

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

• Positive Sentiment: Independent proxy advisory firms recommended HIVE shareholders vote “FOR” all resolutions ahead of the March 3, 2026 proxy deadline, reducing governance risk around the meeting and removing a potential near-term uncertainty for the stock. Proxy Advisory Recommendation
• Positive Sentiment: HC Wainwright issued mixed but partly constructive updates — it raised Q3 and Q4 2027 per‑share estimates (Q4 moved to $0.00 from ($0.08)) and continues to carry a Buy rating, which could support the stock if operational results track the improved near‑term targets. HC Wainwright Research Note
• Positive Sentiment: Independent analysis (Seeking Alpha) argued HIVE could be due for a re‑rating — a bullish narrative that can attract speculative buying if clearer operational or bitcoin‑mining profitability signals emerge. Seeking Alpha: Re‑Rating Thesis
• Neutral Sentiment: Reported February short‑interest data show effectively zero recorded short interest (entries show 0 shares), which appears anomalous and offers little clear signal on positioning — treat as neutral until clearer data are available.
• Negative Sentiment: Northland Securities substantially cut multiple quarterly and full‑year EPS forecasts (e.g., FY2027 to ($0.77) from $0.07 and several quarterly cuts), signaling materially weaker expected profitability and adding downward pressure on the share price. Northland Securities Revisions
• Negative Sentiment: HC Wainwright also trimmed several near‑term and FY2026/2027 EPS estimates in the same report (despite some raises elsewhere), showing analysts remain uncertain on HIVE’s ability to sustainably return to profitability. HC Wainwright Revisions
• Negative Sentiment: Rosenblatt published a pessimistic forecast for HIVE’s stock price, adding negative analyst sentiment and likely contributing to selling pressure among short‑term traders. Rosenblatt Pessimistic Forecast

HIVE Digital Technologies Company Profile

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.