HIVE DIGITAL TECHNOLOGIES LTD.
HIVE · Other · $824M mkt cap · FY2026 filings · · not refreshed in 9 days · Shallow moat ·
Doesn't clear the bar
The five investor questions
2024–2026 (latest 3 aligned FYs; v3 window cap 5): revenue $114M to $298M, increasing; diluted EPS 0.29 to -0.66, decreasing.
Median gross margin -22.8% over 3y, variable.
Not enough years of ROIC data to score returns on capital.
Net cash position — no leverage risk.
Owner earnings changed trend unclear over up to the ten most recent annual observations, share count n/a.
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
Price vs. value if growth stopped today
A cautious baseline, not a price target: what the shares may support if normalized owner earnings simply hold steady.
- Not reported
- Unavailable — insufficient owner-earnings data
- Unavailable — insufficient growth-model data
- $3.01
- No price data
This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. Flag status unavailable — four adjacent recent FY revenue observations are required.
Among the current top-score group, the median current price is 216% above the zero-growth estimate across 49 of the current top 50 companies by Moat Score with both values.
Score records captured Sep 29, 2026 through Sep 30, 2026.
Exactly which 50 companies?
FTNT, IBEX, META, MEDP, MSFT, GOOG, LULU, ANF, IDXX, TXRH, FHI, QLYS, FFIV, ADBE, LLY, MANH, CPRT, VEEV, RMD, GRMN, PCTY, EAT, UI, SSD, MNST, DOCS, LRCX, MCO, NTAP, NVDA, CORT, SFM, MPTI, ULTA, SN, ROL, CTAS, PAYC, IRMD, DECK, MORN, INTU, JKHY, TPR, LGCY, DAL, GWW, ISRG, MPWR, LOPE
Missing a usable price or zero-growth estimate: ANF.
Model details under moat-index@3.0.0: zero-growth multiple 11.1×, capped-growth comparison at no more than 18×; 9% discount rate; high-end growth 0% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.
Fundamentals
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Visual explainers
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Moat Score history
Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars
None yet — HIVE has read Shallow moat for every logged capture since Sep 4, 2026.
Scores are logged append-only and never overwritten — this record cannot be reconstructed retroactively, which is exactly why it’s worth keeping.
Insider activity
Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”
These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.
The insider-filing service is temporarily unavailable, so no partial or guessed answer is shown for HIVE.
Other context
#51 of 101 scored Other companies, ranked by Moat Score.
Nearest peers by Moat Score
- #49CHAD DEFI DEVELOPMENT CORP.44.0 out of 100, Shallow moatShallow moat
- #50IREN IREN Limited43.7 out of 100, Shallow moatShallow moat
- #52CRSF Crisp Momentum Inc.42.4 out of 100, Shallow moatShallow moat
- #53HUT Hut 8 Corp.41.7 out of 100, Shallow moatShallow moat
Compare HIVE with its nearest peers →All Other companies on the Index →
Common questions about HIVE
- Does HIVE DIGITAL TECHNOLOGIES LTD. have an economic moat?
- Based on its FY2026 SEC filings, the Moat Index scores HIVE DIGITAL TECHNOLOGIES LTD. (HIVE) 43.6 out of 100 — a Shallow moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 50, pricing power 3, returns on capital not measurable from the filings, balance-sheet safety 78, capital allocation 44.
- How has HIVE's Moat Score changed over time?
- The record logs 5 readings since Sep 4, 2026; the latest reads 43.6 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.