Why Is HIVE Digital Technologies Stock Soaring Monday?

HIVE Digital Technologies Ltd (NASDAQ:HIVE) posted a sharp upside surprise in its latest quarter, as stronger-than-expected Bitcoin production and expanding margins signaled renewed momentum across its core mining operations.

The results underscore how the company’s rapid capacity buildout is driving meaningful operating leverage, even as its emerging HPC segment prepares for a larger scale-up in the year ahead.

Following the results, Rosenblatt analyst Chris Brendler reiterated a Buy rating for HIVE Digital Technologies with a price forecast of $10.

Earnings Snapshot

On Monday, HIVE Digital Technologies reported second-quarter fiscal 2026 EPS loss of 7 cents, missing consensus EPS of one cent, and revenue of $87.3 million exceeded expectations of