HIVE Digital Technologies Ltd. (HIVE) Stock Price & Analysis
HIVE Digital Technologies Ltd. (HIVE) closed at USD 2.07 on Thursday, October 29, 2026, down 2.36% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 2.12; the Oct 29, 2026 session ranged USD 2.02–2.12 on volume of 8,235,300 shares. Market capitalization is $567.75M, with a 52-week range of USD 1.73–5.59 (NCM). Source: Nexqual, retrieved October 29, 2026 at 20:47 UTC.
Also available as compact Markdown for AI agents: nexqual.com/HIVE.md
Key facts (HIVE)
- Insider open-market sales, last ~7 months: 8 Form 4 filings, $3.6M; 8 not under a Rule 10b5-1 plan ($3.6M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.11 on a 1–5 scale) (9 analysts), mean target USD 6.89 (range 4.5–10).
- Total return with dividends: 1Y -60.9% vs S&P 500 +14.4%; 5Y -88.3% vs S&P 500 +79.1%.
- Next earnings: 2026-11-12, EPS estimate USD -0.1, revenue estimate $79.0M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HIVE)
| USD | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|
| Revenue | $114M | $115M | $298M | — |
| Gross profit | -$26.1M | -$39.3M | -$62.5M | — |
| Net income | $26.5M | -$3.0M | -$148M | — |
| EPS (diluted) | $0.29 | -$0.02 | -$0.66 | — |
| Gross margin | -22.8% | -34.1% | -21.0% | — |
| Net margin | 23.2% | -2.6% | -49.8% | — |
| Revenue growth | — | +0.7% | +158.3% | — |
| Cash + short-term investments | $9.7M | $23.4M | $23.1M | — |
| Total debt | — | — | $2.0M | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (HIVE)
P/B 1.3x
P/E at fiscal year-ends: Mar 2024 11.4x.
Insider sales (SEC Form 4, open-market, last ~7 months) (HIVE)
0 of 8 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-07 | Perrill Dave | Director | 12,500 | $34K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-19 | Perrill Dave | Director | 100,000 | $272K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-07-15 | Daubaras Darcy | Chief Financial Officer | 100,000 | $320K | 62.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-19 | Perrill Dave | Director | 175,000 | $821K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-17…2026-06-19 | McGee Susan B | Director | 208,300 | $884K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-08 | Rossy Luke | COO | 215,000 | $854K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-03 | Rossy Luke | COO | 66,700 | $305K | 23.7% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-03 | McGee Susan B | Director | 16,700 | $74K | 7.4% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (HIVE)
Consensus Buy (mean 2.11 on a 1–5 scale), 9 analysts; mean target USD 6.89 (low 4.5, high 10).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Canaccord Genuity | Maintained | Buy | $10 |
| 2026-09-16 | Chardan Capital | Maintained | Buy | $7.5 |
| 2026-08-20 | Rosenblatt | Target raised | Buy | $5.5 → $6 |
| 2026-08-18 | Canaccord Genuity | Maintained | Buy | $10 |
| 2026-08-17 | Chardan Capital | Maintained | Buy | $7.5 |
| 2026-08-17 | HC Wainwright & Co. | Reiterated | Buy | $7 |
| 2026-07-27 | Chardan Capital | Initiated | Buy | $7.5 |
Total return (dividends reinvested) (HIVE)
| 1Y (from 2025-10-30) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -60.9% | -88.3% |
| S&P 500 (SPY) | +14.4% | +79.1% |
| Per year | -61.1% | -34.8% |
| Volatility (annualized) | 92.5% | 95.9% |
| Max drawdown | -67.5% (Nov 2025→Mar 2026) | -93.7% (Nov 2021→Mar 2025) |
HIVE earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 17, 2026 | Quarter ended Jun 30, 2026 | −$0.19 | −$0.11 | Miss −72.7% | +3.3% |
| Jun 2, 2026 | Quarter ended Mar 31, 2026 | −$0.30 | −$0.22 | Miss −36.4% | -8.0% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
HIVE recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 29, 2026 | 8-K | Regulation FD disclosure; Other material event “On October 27, 2026, the Company announced that BUZZ Alpha Cloud Inc., an indirect subsidiary of the Company (the "Borrower"), entered into an approximately $129 million Loan and Security Agreement (the "Facility") as borrower, with an institutional lender, as lender, and BUZZ High Performance Computing Inc. ("BUZZ"), as parent. Proceeds from the Facility will be used to fund the purchase of an advanced sovereign AI GPU cluster and related infrastructure, including NVIDIA GB200 NVL72 GPUs which will be deployed in…” |
| Sep 17, 2026 | 8-K | Regulation FD disclosure; Other material event “On September 10, 2026, the Company announced that its wholly owned subsidiary, BUZZ High Performance Computing Inc. ("BUZZ HPC") has entered into a strategic partnership with ProCogia, a Vancouver-based applied-AI and data engineering company. Under the arrangement, ProCogia will procure dedicated GPU capacity from BUZZ HPC's Canadian data centers to power ProCogia's own artificial intelligence products and client workloads and, in turn, will serve as a preferred applied-AI services partner to BUZZ HPC's…” |
| Sep 16, 2026 | 8-K | Regulation FD disclosure; Other material event “On September 10, 2026, the Company announced that its wholly owned subsidiary, BUZZ High Performance Computing Inc. ("BUZZ") appointed Mark Volk to serve as BUZZ's Senior Vice President, Revenue. On September 10, 2026, the Company also announced that, based on preliminary information available to management, its estimated average daily revenue exceeded approximately USD$ 1 million per day from the combined production of hashrate services and GPU services. Estimated average daily revenue is based on preliminary,…” |
| Aug 19, 2026 | 8-K | Regulation FD disclosure; Other material event “On August 17, 2026, the Company announced that BUZZ entered into a GPU cloud services agreement (the "Agreement') with the Customer pursuant to which it will provide the Customer with access to a dedicated GPU cluster. The cluster will consist of 2,016 NVIDIA Blackwell Ultra GPUs in NVIDIA GB300 NVL72 rack-scale systems and will be deployed at a facility in Merritt, British Columbia. The cluster will be designed to support large-scale AI training, AI inference and advanced enterprise workloads. Deployment is…” |
| Aug 17, 2026 | 8-K | Quarterly results |
| Aug 14, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 14, 2026 | Schedule 13G/A | Citadel Securities GP LLC, Citadel Securities LLC: 4.2% of shares, passive 5%+ holder (amended) |
| Aug 13, 2026 | Schedule 13G/A | Invesco Ltd.: 6.4% of shares, passive 5%+ holder (amended) |
| Jul 29, 2026 | 10-K/A | Annual report · period ended Mar 31, 2026 |
| Jul 1, 2026 | 8-K | Entered a material agreement; New debt or off-balance-sheet obligation; Unregistered sale of shares; Other material event “Exchangeable Senior Notes Indenture On June 30, 2026, HIVE Bermuda 2026 Ltd., a Bermuda exempted company limited by shares (the " Issuer ") that is a wholly-owned subsidiary of HIVE Digital Technologies Ltd. (the " Company "), issued $130 million aggregate principal amount of 0% exchangeable senior notes due 2031 (the " Notes "), which amount includes the exercise in full of the initial purchasers' (collectively, the " Initial Purchasers ") option to purchase up to an additional $15 million aggregate principal…” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
HIVE revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Revenue From Digital Currency Mining | $72.1M | 91.1% | +76.6% |
| High Performance Computing Hosting | $7.1M | 8.9% | +46.7% |
| Total revenue | $79.1M | 100% | — |
HIVE revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Bermuda | $72.1M | 91.1% | +58.0% |
| Canada | $7.1M | 8.9% | — |
| Total revenue | $79.1M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
HIVE suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Dell Technologies (DELL) | “The Company has purchased GPU cards manufactured by Nvidia and AMD, while GPU server cases are manufactured by Dell or Supermicro.” |
| Supplier | NVIDIA (NVDA) | “The Company has purchased GPU cards manufactured by Nvidia and AMD, while GPU server cases are manufactured by Dell or Supermicro.” |
| Supplier | AMD (AMD) | “The Company has purchased GPU cards manufactured by Nvidia and AMD, while GPU server cases are manufactured by Dell or Supermicro.” |
| Supplier | Super Micro Computer (SMCI) | “The Company has purchased GPU cards manufactured by Nvidia and AMD, while GPU server cases are manufactured by Dell or Supermicro.” |
| Competitor | Equinix (EQIX) | “We face competition from established data-center operators and infrastructure providers with significant capital resources, brand recognition and technical expertise, such as Equinix, Crusoe Cloud, Applied Digital and CoreWeave.” |
| Competitor | CoreWeave (CRWV) | “We face competition from established data-center operators and infrastructure providers with significant capital resources, brand recognition and technical expertise, such as Equinix, Crusoe Cloud, Applied Digital and CoreWeave.” |
Quoted from the company's 10-K filed Jun 2, 2026.
Companies that name HIVE in their SEC reports
| Relationship to HIVE | Company | Filing | Sentence |
|---|---|---|---|
| related | U S GLOBAL INVESTORS INC (GROW) | 10-K Sep 3, 2026 | “See Note 16, Related Party Transactions, for additional information related to investments in HIVE.” |
HIVE company outlook (results filed Aug 17, 2026)
- “Projections of ARR may be unreliable as a predictor of future results because such projections typically do not incorporate the possibility of subsequent cancellations, discounts or downgrades in services. 2 Adjusted EBITDA and gross operating margin are non-GAAP financial measures.”
- “Exhibit 99.1 The forward-looking information in this news release reflects the Company's current expectations, assumptions, and/or beliefs based on information currently available to the Company.”
Quoted word-for-word from the SEC 8-K results press release.
HIVE analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.10 | $-0.11 | +$0.01 | $79.0M | 1 |
| Next quarter (ends Dec 2026) | $-0.05 | $-0.10 | +$0.05 | $97.5M | 1 |
| Current fiscal year (ends Mar 2027) | $-0.34 | $-0.17 | −$0.17 | $372.1M | 1 |
| Next fiscal year (ends Mar 2028) | $-0.09 | $0.01 | −$0.10 | $523.5M | 1 |
HIVE options: expected move
Options price a move of about ±32.9% (±$0.68) by Nov 13, 2026, which includes earnings on Nov 12, 2026; the earnings reaction alone is priced at about ±17.6%. Over the last 2 reports the stock moved ±5.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 1 | 153.6% | ±7.3% |
| Nov 6, 2026 | 8 | 185.3% | ±14.6% |
| Nov 13, 2026 | 15 | 205.8% | ±32.9% |
| Nov 20, 2026 | 22 | 74.8% | ±24.4% |
| Nov 27, 2026 | 29 | 143.6% | ±24.4% |
| Dec 18, 2026 | 50 | 122.8% | ±35.4% |
| Jan 15, 2027 | 78 | 84.4% | ±30.5% |
| Mar 19, 2027 | 141 | 102.1% | ±48.8% |
30-day implied volatility 96% vs 61% realized over the last 30 trading days. Put/call ratio (volume) 0.06. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 20:47 UTC)
| Price | USD 2.07 |
|---|---|
| Change | ▼ 2.36% (down) |
| Previous Close | USD 2.12 |
| Open | USD 2.06 |
| Day Range | USD 2.02 – 2.12 |
| 52-Week Range | USD 1.73 – 5.59 |
| Volume | 8,235,300 shares |
| Market Cap | $567.75M |
| Exchange | NCM |
Technical Analysis (HIVE)
Nexqual's technical model rates HIVE "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 29, 2026 at 20:47 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 36.01 (neutral) |
| vs SMA50 | Below (USD 2.74) |
| MACD | -0.24 (negative) |
Analyst Ratings (HIVE)
Wall Street analysts rate HIVE "Buy" based on 9 analysts, with a mean price target of USD 6.89 (range USD 4.5–10), per Nexqual as of October 29, 2026 at 20:47 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 9 |
| Mean Target | USD 6.89 |
| High Target | USD 10 |
| Low Target | USD 4.5 |
| Buy / Hold / Sell | 8 / 1 / 0 |
Earnings (HIVE)
| Next Earnings Date | 2026-11-12 |
|---|---|
| EPS Estimate | USD -0.1 |
| Revenue Estimate | $78.96M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.19 vs est -0.11 ▼ miss |
| 2026-03-31 | USD -0.3 vs est -0.22 ▼ miss |
| 2025-12-31 | USD -0.38 vs est -0.07 ▼ miss |
| 2025-09-30 | USD -0.07 vs est 0.02 ▼ miss |
Source: Nexqual, October 29, 2026 at 20:47 UTC.
Financials & Fundamentals (HIVE)
| Total Revenue | $331.30M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +73.50% |
| Gross Margin | +35.09% |
| Operating Margin | -58.65% |
| Profit Margin | -98.51% |
| ROE | -66.39% |
| Debt / Equity | 0.89 |
| Current Ratio | 1.96 |
| Total Cash | $218.90M |
| Total Debt | $374.30M |
Source: Nexqual, October 29, 2026 at 20:47 UTC.
Financial Health Score (HIVE)
Nexqual rates HIVE Digital Technologies Ltd.'s overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 20:47 UTC.
| Growth | Strong — Revenue +158% YoY (annual) |
|---|---|
| Profitability | Critical — Net margin -50% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: Finance Services) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: Finance Services) |
| Efficiency | Critical — ROE -66%, ROA -12.9% |
Ownership (HIVE)
| Insider Ownership | +1.05% |
|---|---|
| Institutional Ownership | +43.90% |
| Shares Outstanding | 274.28M |
| Float | 271.23M |
Source: Nexqual, October 29, 2026 at 20:47 UTC.
Leadership (HIVE)
HIVE Digital Technologies Ltd. is led by Aydin Kilic, President & CEO, per Nexqual as of October 29, 2026 at 20:47 UTC.
| President & CEO | Aydin Kilic |
|---|---|
| Executive Chairman | Frank Edward Holmes |
| Chief Financial Officer | Darcy Daubaras |
| Country Site President of Sweden | Johanna Thornblad |
| Chief Operating Officer | Luke Rossy |
Major Backers & Investors (HIVE)
Notable institutional backers of HIVE Digital Technologies Ltd. include Invesco, Citadel, Millennium Management, according to Nexqual as of October 29, 2026 at 20:47 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Invesco | 6.17% |
| Citadel | 3.64% |
| Millennium Management | 3.58% |
| Situational Awareness LP | 3.31% |
| Vident Advisory, LLC | 1.58% |
| Charles Schwab Investment Management, Inc. | 1.55% |
| Charles Schwab | 1.55% |
| Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF | 1.53% |
Source: Nexqual, October 29, 2026 at 20:47 UTC.
From HIVE Digital Technologies Ltd.'s Latest SEC 10-K Filing (filed 2026-06-02)
Key Strengths & Strategy (as disclosed to the SEC)
- The change represents HIVE's evolving focus on revenue opportunities made possible by HIVE's large inventory of Nvidia Graphics Processing Unit ("GPU") cards in combination with emerging technologies, including AI, machine learning, advanced data analysis and HPC.
- HIVE maintains a strong presence in the Bitcoin ecosystem through the generation and sale of its hashrate as a service; however, going forward, HIVE intends to diversify its business by utilizing its Nvidia GPU-based cards to build HPC clusters with Super Micro Computer, Inc. ("Supermicro") and Dell Inc. ("Dell") servers, which can provide computational power at a scale particularly useful for AI compute applications.
- The Company has purchased GPU cards manufactured by Nvidia and AMD, while GPU server cases are manufactured by Dell or Supermicro.
- We realized $35 million of ARR of contracted GPU cloud revenue, with the most recent contracted cluster of 504 Nidia Blackwell B200 GPUs for a 2 year total contract value of $30 million.
Partnerships
- As of January 1, 2026 the Company has entered into a sub-lease agreement with a third party at the Robertsfors Facility and therefore no longer operates this datacenter.
- In July 2024, HIVE secured a 100 MW hydro-powered power purchase agreement to support a planned hydroelectric data center in Valenzuela, Paraguay, through a share purchase and construction agreement with W3X SA.
Legal & Regulatory Risks (Item 1A, quoted)
- We are involved in legal proceedings from time to time, which could adversely affect us.
- Regulatory changes reclassifying Bitcoin as a security could lead to the Company being classified as an "investment company" under the Investment Company Act of 1940 (the "1940 Act") and could adversely affect the market price of Bitcoin and the market price of our listed securities.
- We are subject to extensive environmental regulation, and failure to comply with environmental laws or changes in such laws could result in significant liabilities and have a material adverse effect on our business.
- The regulatory and legislative developments related to climate change may materially adversely affect our brand, reputation, business, results of operations and financial position.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 20:47 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt