HIVE jumps as investors position for fiscal Q4/full-year results amid AI data-center momentum

HIVE Digital Technologies Ltd. (HIVE) is up 12.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to event-driven positioning ahead of HIVE’s scheduled fiscal Q4 and full-year 2026 results release, with traders also leaning into the company’s AI/HPC data-center expansion narrative. Recent analyst optimism around HIVE’s power access and compute capacity may be adding fuel to the rally.

Details:

HIVE said it would release fiscal Q4 and full-year 2026 financial results on Monday, June 1, 2026, followed by an earnings call and webcast on Tuesday, June 2, 2026.

An analyst at Cantor Fitzgerald raised a price target to $4.60 from $3.00 and maintained an Overweight/Buy-style view, highlighting HIVE’s positioning around power access and compute scarcity.

HIVE’s BUZZ HPC business has been publicizing a major Canada-focused AI infrastructure buildout, including plans around a large-scale (hundreds of MW) sovereign AI data-center project near Toronto.

With crypto-mining-linked equities often trading on sentiment and momentum, the combination of an imminent earnings catalyst and AI data-center headlines can amplify short-term volatility.

Sources:

HIVE Digital Technologies (Investor Relations), Investing.com, DataCenterDynamics

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$HIVE Hedge Fund Activity

We have seen 67 institutional investors add shares of $HIVE stock to their portfolio, and 82 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JANE STREET GROUP, LLC removed 4,317,377 shares (-95.7%) from their portfolio in Q1 2026, for an estimated $8,203,016
SITUATIONAL AWARENESS LP added 3,391,547 shares (+inf%) to their portfolio in Q1 2026, for an estimated $6,443,939
SHELLBACK CAPITAL, LP removed 2,400,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $4,560,000
RENAISSANCE TECHNOLOGIES LLC removed 1,966,907 shares (-46.5%) from their portfolio in Q1 2026, for an estimated $3,737,123
CITADEL ADVISORS LLC removed 1,700,658 shares (-35.1%) from their portfolio in Q1 2026, for an estimated $3,231,250
BRIDGEWAY CAPITAL MANAGEMENT, LLC added 1,617,996 shares (+inf%) to their portfolio in Q1 2026, for an estimated $3,074,192
SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 1,598,538 shares (-59.2%) from their portfolio in Q1 2026, for an estimated $3,037,222

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$HIVE Price Targets

Multiple analysts have issued price targets for $HIVE recently. We have seen 5 analysts offer price targets for $HIVE in the last 6 months, with a median target of $4.6.

Here are some recent targets:

Brett Knoblauch from Cantor Fitzgerald set a target price of $4.6 on 05/19/2026
Joseph Vafi from Canaccord Genuity set a target price of $10.0 on 04/24/2026
Chris Brendler from Rosenblatt set a target price of $4.5 on 02/18/2026
Fedor Shabalin from B. Riley Securities set a target price of $6.0 on 02/13/2026
Stephen Glagola from Keefe, Bruyette & Woods set a target price of $3.5 on 01/27/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.