Critical Contrast: HIVE Digital Technologies (NASDAQ:HIVE) vs. Samsara (NYSE:IOT)

HIVE Digital Technologies (NASDAQ:HIVEGet Free Report) and Samsara (NYSE:IOTGet Free Report) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations.

Volatility and Risk

HIVE Digital Technologies has a beta of 3.75, meaning that its stock price is 275% more volatile than the S&P 500. Comparatively, Samsara has a beta of 1.35, meaning that its stock price is 35% more volatile than the S&P 500.

Insider & Institutional Ownership

24.4% of HIVE Digital Technologies shares are held by institutional investors. Comparatively, 96.0% of Samsara shares are held by institutional investors. 9.4% of HIVE Digital Technologies shares are held by company insiders. Comparatively, 35.1% of Samsara shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings for HIVE Digital Technologies and Samsara, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HIVE Digital Technologies 1 1 6 0 2.62
Samsara 1 5 15 1 2.73

HIVE Digital Technologies presently has a consensus target price of $6.95, indicating a potential upside of 106.23%. Samsara has a consensus target price of $52.05, indicating a potential upside of 33.20%. Given HIVE Digital Technologies’ higher possible upside, research analysts plainly believe HIVE Digital Technologies is more favorable than Samsara.

Valuation & Earnings

This table compares HIVE Digital Technologies and Samsara”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
HIVE Digital Technologies $297.79 million 3.10 -$148.45 million ($1.29) -2.61
Samsara $1.85 billion 12.39 -$9.12 million $0.16 244.24

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

Profitability

This table compares HIVE Digital Technologies and Samsara’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
HIVE Digital Technologies -98.49% -31.98% -23.71%
Samsara 4.90% 4.13% 2.35%

Summary

Samsara beats HIVE Digital Technologies on 13 of the 15 factors compared between the two stocks.

About HIVE Digital Technologies

(Get Free Report)

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd. and changed its name to HIVE Digital Technologies Ltd. in July 2023. HIVE Digital Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.

About Samsara

(Get Free Report)

Samsara Inc. provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy. Its applications include video-based safety that enables customers to build a safety program and protect their teams with AI-enabled video; vehicle telematics which provides visibility into real-time vehicle location and diagnostics with GPS tracking, routing and dispatch, fuel efficiency management, electric vehicle usage and charge planning, preventative maintenance, and insights to manage fuel and energy costs; and mobile apps and workflows that improves productivity for frontline workers and enables regulatory compliance for workers to see upcoming jobs, capture electronic documents, perform maintenance inspections, maintain compliance logs, and message with back-office administration. The company also provides equipment monitoring which offers visibility and management of unpowered and powered assets, ranging from generators and compressors to heavy construction equipment and trailers to improve operating efficiency, prevent unplanned downtime, and avoid critical safety and compliance issues; and site visibility that provides remote visibility into sites to improve onsite security, safety, and incident response times. It serves transportation, wholesale and retail trade, construction, field services, logistics, utilities and energy, healthcare and education, manufacturing, food and beverage, and other industries, as well as government. Samsara Inc. was incorporated in 2015 and is headquartered in San Francisco, California.

Receive News & Ratings for HIVE Digital Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HIVE Digital Technologies and related companies with MarketBeat.com's FREE daily email newsletter.