HIVE Digital Technologies Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Group 1 - HIVE Digital Technologies Ltd. is set to release its second-quarter earnings on November 14, with analysts expecting earnings of 2 cents per share, a significant improvement from a loss of 6 cents per share in the same quarter last year [1] - The consensus estimate for HIVE Digital's quarterly revenue is projected at $80.62 million, a substantial increase from $22.65 million reported last year [1] - In the first quarter, HIVE Digital Technologies reported better-than-expected results, although its shares dipped 10.7% to close at $3.66 [2] Group 2 - Analysts have maintained a positive outlook on HIVE stock, with multiple analysts issuing Buy ratings and raising price targets, including Rosenblatt's increase from $5 to $10 and Canaccord Genuity's target of $10 [7] - Roth Capital raised its price target from $6 to $7.5, while Cantor Fitzgerald increased its target from $5 to $5.5, indicating a generally optimistic sentiment among analysts [7] - HC Wainwright & Co. maintained a Buy rating but reduced its price target from $9 to $6, reflecting some caution despite the overall positive ratings [7]