What is HC Wainwright’s Forecast for HIVE FY2027 Earnings?

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) – Equities researchers at HC Wainwright issued their FY2027 earnings estimates for shares of HIVE Digital Technologies in a note issued to investors on Monday, August 17th. HC Wainwright analyst M. Colonnese expects that the company will post earnings per share of ($0.50) for the year. HC Wainwright has a “Buy” rating and a $7.00 price target on the stock. The consensus estimate for HIVE Digital Technologies’ current full-year earnings is ($0.78) per share.

Several other equities analysts have also issued reports on the stock. Canaccord Genuity Group reissued a “buy” rating and issued a $10.00 price target on shares of HIVE Digital Technologies in a report on Tuesday. Cantor Fitzgerald set a $7.00 price target on HIVE Digital Technologies in a report on Thursday, June 4th. UBS Group set a $8.00 price target on HIVE Digital Technologies in a research report on Wednesday, June 3rd. B. Riley Financial lifted their price objective on HIVE Digital Technologies from $5.00 to $8.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Chardan Capital reiterated a “buy” rating and issued a $7.50 price objective on shares of HIVE Digital Technologies in a research report on Monday. Seven 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $6.95.

HIVE Digital Technologies Trading Up 1.4%

HIVE opened at $2.82 on Thursday. The firm’s fifty day moving average is $3.29 and its two-hundred day moving average is $2.86. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.10 and a current ratio of 1.96. The firm has a market cap of $773.47 million, a PE ratio of -2.19 and a beta of 3.78. HIVE Digital Technologies has a twelve month low of $1.73 and a twelve month high of $7.84.

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

Insider Transactions at HIVE Digital Technologies

In related news, Director Dave Perrill sold 175,000 shares of the stock in a transaction dated 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 transaction, the director directly owned 162,500 shares in the company, valued at approximately $762,125. This trade represents a 51.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Susan B. Mcgee sold 125,000 shares of the stock in a transaction dated Friday, June 19th. The stock was sold at an average price of $4.25, for a total value of $531,250.00. Following the transaction, 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 781,700 shares of company stock valued at $3,209,876 over the last three months. Company insiders own 9.44% of the company’s stock.

Institutional Trading of HIVE Digital Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its position in shares of HIVE Digital Technologies by 1,885.8% in the fourth quarter. NewEdge Advisors LLC now owns 9,929 shares of the company’s stock worth $26,000 after purchasing an additional 9,429 shares in the last quarter. Private Advisor Group LLC bought a new position in HIVE Digital Technologies in the first quarter valued at $27,000. Ground Swell Capital LLC acquired a new stake in HIVE Digital Technologies in the 4th quarter valued at $27,000. Rafferty Asset Management LLC acquired a new stake in HIVE Digital Technologies in the 4th quarter valued at $28,000. Finally, State of Wyoming bought a new stake in HIVE Digital Technologies during the 4th quarter worth about $28,000. 24.42% of the stock is currently owned by institutional investors and hedge funds.

Key Stories 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.