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HIVEHIVE Digital Technologies Ltd.
$2.03$555M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
HIVE logo

HIVE Digital Technologies Ltd.

HIVE
NASDAQ · IT Services
$2.03
At close - Oct 16, 4:00 PM EDT - USD
Market Cap$555M
P/E-3.1x
52W High$6.77
Volume11.91M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q1

Opaque Digital Asset Model Faces Extreme Volatility and Structural Losses

HIVE Digital Technologies operates an opaque business model where 100% of revenue is derived from volatile non-interest income, which appears to be digital asset-related, and this revenue stream is the primary driver of massive swings in quarterly net income. ...

GrowthAccelerating
ProfitabilityStrained
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

HIVE price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-107% Peers

P/E is 107% below peer median

03

Market leadership

RS 28 · Lag

Laggard (Underperforming 72% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 13

Market performance

Price History →

Trailing total returns as of 10/17/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
HIVE-25.64%
S&P 500 (^GSPC)+11.72%
1-Year Return
HIVE-65.24%
S&P 500 (^GSPC)+15.53%
3-Year Return
HIVE-35.35%
S&P 500 (^GSPC)+63.88%
5-Year Return
HIVE-87.88%
S&P 500 (^GSPC)+55.19%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-3.1x
Forward P/E
N/A
EV/EBITDA100th %ile
11.9x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-3.1x
11.6x
0th· Low
EV/EBITDA
11.9x
3.4x
100th· High
Price/FCF
N/A
139.6x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$296M+162.4% YoY
Net income
-$148M-4854.9% YoY
Free cash flow
-$107M+32.2% YoY
Operating margin
-40.2%-41.6 pts YoY
ROIC (TTM)-16.3%
Avg ROIC 5Y-
ROE (TTM)-30.3%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate3/12 (27%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 14, 2026
-$0.54-157.1%
vs -$0.21
$79M-3.2%
vs $82M
Q3 2026
Aug 13, 2026
-$0.19+9.5%
vs -$0.21
—
vs $82M
Q3 2026
Jun 2, 2026
-$0.28-33.3%
vs -$0.21
$72M-10.2%
vs $80M
Q1 2026
Feb 12, 2026
-$0.38-442.9%
vs -$0.07
$93M-4.7%
vs $98M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
MarketBeat·Oct 8, 2026
BlockchAIn Digital Infrastructure Says Nebius Prepayment Funds $800M Data Center Build

BlockchAIn Digital Infrastructure NYSEAMERICAN: AIB outlined its plans to develop a 50-megawatt data center project under a newly executed contract with Nebius, with management saying customer prepayments are expected to cover the company's required equity contribution to the project.

Defense World·Oct 4, 2026
Head-To-Head Survey: Radware (NASDAQ:RDWR) vs. HIVE Digital Technologies (NASDAQ:HIVE)

Radware (NASDAQ: RDWR - Get Free Report) and HIVE Digital Technologies (NASDAQ: HIVE - Get Free Report) are both small-cap technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, earnings, profitability, institutional ownership, valuation and risk. Analyst Recommendations This is a summary of

Proactive Investors·Sep 18, 2026
HIVE Digital strengthens BuzzHPC board for AI growth - ICYMI

HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) earlier this week highlighted the appointment of capital markets veteran Hubert Marleau to the board of its high-performance computing subsidiary BuzzHPC, as the business prepares for further expansion in Canada. CFO Darcy Daubaras told Proactive that Marleau's appointment represented an important step in the development of BuzzHPC, with the subsidiary seeking to ensure its governance capabilities keep pace with the scaling of the business.

Proactive Investors - Finance·Sep 18, 2026
HIVE Digital strengthens BuzzHPC board for AI growth - ICYMI

HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) earlier this week highlighted the appointment of capital markets veteran Hubert...

Filtered for HIVE Digital Technologies Ltd.More Headlines
04

Compare before deciding

Benchmark HIVE against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for HIVE Digital Technologies Ltd. (HIVE)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
HIVE logoHIVEHIVE Digital Technologies Ltd.Current
$2.03$555.49M-3.08162.38%-49.85%-30.34%—
MARA logoMARAMarathon Digital Holdings, Inc.
$7.53$2.87B-2.0433.47%-429.71%-125.83%—
RIOT logoRIOTRiot Platforms, Inc.
$13.72$5.19B-7.0466.36%-196.28%-48.36%—
CLSK logoCLSKCleanSpark, Inc.
$8.40$2.16B7.50102.21%-146.9%-75.24%—
CIFR logoCIFRCipher Mining Inc.
$8.98$3.67B-4.1825.29%-3663.46%-151.95%—
BTBT logoBTBTBit Digital, Inc.
$0.96$335.95M-3.10-32.54%-5.6%-38.19%—

Compare HIVE vs Peers

HIVE Digital Technologies Ltd. (HIVE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MARA

Most directly comparable listed peer for HIVE.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare HIVE against a more recognizable public peer.

Peer Set

Compare Top 5

vs MARA, RIOT, CLSK, CIFR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

HIVE SEC Filings & Documents

HIVE Digital Technologies Ltd. (HIVE) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 1, 2026·SEC

Material company update

Jun 25, 2026·SEC

Material company update

Jun 25, 2026·SEC

10-K Annual Reports

1
FY 2026

Jun 2, 2026·SEC

10-Q Quarterly Reports

1
FY 2026

Aug 14, 2026·SEC

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HIVE Frequently Asked Questions

HIVE Digital Technologies Ltd. (HIVE) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is HIVE Digital Technologies Ltd. growing?

HIVE Digital Technologies Ltd. (HIVE) grew revenue by 162.4% over the past year. This is strong growth.

Is HIVE profitable?

HIVE Digital Technologies Ltd. (HIVE) reported a net loss of $327.2M for fiscal year 2026.

Dividend & Returns
What is HIVE's return on equity?

HIVE Digital Technologies Ltd. (HIVE) has a return on equity (ROE) of -30.3%. Negative ROE indicates the company is unprofitable.

Industry Metrics
What is HIVE Digital Technologies Ltd.'s net interest margin?

HIVE Digital Technologies Ltd. (HIVE) has a net interest margin (NIM) of -0.2%. NIM has been under pressure due to interest rate environment.

What is HIVE Digital Technologies Ltd.'s efficiency ratio?

HIVE Digital Technologies Ltd. (HIVE) has an efficiency ratio of 19.2%. This is excellent, indicating strong cost control.

What if you invested $1,000 in HIVE back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →