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HIVE Digital Technologies (HIVE) Competitors

$2.97
+0.12 (+4.21%)
(As of 06/6/2024 ET)

HIVE vs. CIFR, SII, BITF, ML, WULF, HUT, PGY, BTDR, LDI, and HKD

Should you be buying HIVE Digital Technologies stock or one of its competitors? The main competitors of HIVE Digital Technologies include Cipher Mining (CIFR), Sprott (SII), Bitfarms (BITF), MoneyLion (ML), TeraWulf (WULF), Hut 8 (HUT), Pagaya Technologies (PGY), Bitdeer Technologies Group (BTDR), loanDepot (LDI), and AMTD Digital (HKD). These companies are all part of the "nondepository credit institutions" industry.

HIVE Digital Technologies vs.

Cipher Mining (NASDAQ:CIFR) and HIVE Digital Technologies (NASDAQ:HIVE) are both small-cap business services companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, dividends, community ranking, earnings, media sentiment and risk.

Cipher Mining has a net margin of 13.54% compared to Cipher Mining's net margin of -57.15%. HIVE Digital Technologies' return on equity of 4.66% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Cipher Mining13.54% 4.66% 3.99%
HIVE Digital Technologies -57.15%-34.90%-26.36%

12.3% of Cipher Mining shares are owned by institutional investors. Comparatively, 24.4% of HIVE Digital Technologies shares are owned by institutional investors. 2.3% of Cipher Mining shares are owned by company insiders. Comparatively, 9.4% of HIVE Digital Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Cipher Mining presently has a consensus target price of $5.58, indicating a potential upside of 35.85%. HIVE Digital Technologies has a consensus target price of $5.17, indicating a potential upside of 73.96%. Given Cipher Mining's higher probable upside, analysts clearly believe HIVE Digital Technologies is more favorable than Cipher Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cipher Mining
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
HIVE Digital Technologies
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

In the previous week, Cipher Mining had 10 more articles in the media than HIVE Digital Technologies. MarketBeat recorded 13 mentions for Cipher Mining and 3 mentions for HIVE Digital Technologies. Cipher Mining's average media sentiment score of 0.97 beat HIVE Digital Technologies' score of 0.30 indicating that HIVE Digital Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cipher Mining
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
HIVE Digital Technologies
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cipher Mining has higher revenue and earnings than HIVE Digital Technologies. HIVE Digital Technologies is trading at a lower price-to-earnings ratio than Cipher Mining, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cipher Mining$126.84M10.05-$25.78M$0.0668.51
HIVE Digital Technologies$106.32M3.10-$236.42M-$0.64-4.64

Cipher Mining has a beta of 2.28, indicating that its stock price is 128% more volatile than the S&P 500. Comparatively, HIVE Digital Technologies has a beta of 3.48, indicating that its stock price is 248% more volatile than the S&P 500.

Cipher Mining received 24 more outperform votes than HIVE Digital Technologies when rated by MarketBeat users. Likewise, 92.50% of users gave Cipher Mining an outperform vote while only 41.94% of users gave HIVE Digital Technologies an outperform vote.

CompanyUnderperformOutperform
Cipher MiningOutperform Votes
37
92.50%
Underperform Votes
3
7.50%
HIVE Digital TechnologiesOutperform Votes
13
41.94%
Underperform Votes
18
58.06%

Summary

Cipher Mining beats HIVE Digital Technologies on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HIVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HIVE vs. The Competition

MetricHIVE Digital TechnologiesNondepository credit institutions IndustryFinance SectorNASDAQ Exchange
Market Cap$316.69M$6.42B$9.08B$8.21B
Dividend YieldN/A5.60%10.58%4.02%
P/E Ratio-4.647.4155.9613.96
Price / Sales3.107.833,530.7372.23
Price / CashN/A34.0727.9431.48
Price / Book1.682.122.474.39
Net Income-$236.42M$441.59M$1.01B$215.75M
7 Day Performance17.86%5.56%-0.28%-0.35%
1 Month Performance30.84%10.82%0.51%0.31%
1 Year Performance-3.26%56.68%12.24%2.58%

HIVE Digital Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CIFR
Cipher Mining
2.0564 of 5 stars
$4.04
+4.9%
$5.50
+36.1%
+72.7%$1.25B$153.08M67.3435Analyst Forecast
Insider Selling
SII
Sprott
0 of 5 stars
$43.61
+0.7%
N/A+29.1%$1.13B$169.02M24.36129Positive News
BITF
Bitfarms
3.0274 of 5 stars
$2.51
+4.1%
$3.72
+48.1%
+109.4%$983.42M$166.63M-6.61170Analyst Forecast
Analyst Revision
ML
MoneyLion
0.506 of 5 stars
$91.48
+1.9%
$78.60
-14.1%
+625.9%$962.37M$423.43M-31.54600
WULF
TeraWulf
2.2443 of 5 stars
$2.79
+11.2%
$3.66
+31.1%
+115.4%$929.58M$100.13M0.0010Options Volume
Analyst Revision
HUT
Hut 8
1.1844 of 5 stars
$10.04
+5.0%
$12.25
+22.0%
+403.4%$907.54M$73.90M0.00219Gap Up
PGY
Pagaya Technologies
4.0159 of 5 stars
$11.81
+6.3%
$27.50
+132.9%
-16.7%$837.33M$834.56M-8.37714
BTDR
Bitdeer Technologies Group
1.8463 of 5 stars
$7.01
-2.0%
$13.64
+94.6%
+41.6%$784.91M$368.55M-17.10211Positive News
Gap Up
LDI
loanDepot
0.3623 of 5 stars
$2.24
+21.1%
$2.25
+0.4%
-0.7%$724.84M$974.02M-3.934,250Gap Up
High Trading Volume
HKD
AMTD Digital
0 of 5 stars
$3.78
-4.5%
N/A-40.8%$723.68M$33.07M0.00199Gap Up

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This page (NASDAQ:HIVE) was last updated on 6/7/2024 by MarketBeat.com Staff

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