Critical Survey: HIVE Digital Technologies (NASDAQ:HIVE) vs. Dolby Laboratories (NYSE:DLB)

Dolby Laboratories (NYSE:DLB – Get Free Report) and HIVE Digital Technologies (NASDAQ:HIVE – Get Free Report) are both technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, valuation, profitability and institutional ownership.

Profitability

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

Net Margins Return on Equity Return on Assets
Dolby Laboratories 16.70% 11.08% 9.04%
HIVE Digital Technologies -98.49% -31.98% -23.71%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Dolby Laboratories and HIVE Digital Technologies, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dolby Laboratories 1 1 2 0 2.25
HIVE Digital Technologies 1 1 6 0 2.62

Dolby Laboratories currently has a consensus price target of $87.50, suggesting a potential upside of 36.09%. HIVE Digital Technologies has a consensus price target of $6.95, suggesting a potential upside of 293.77%. Given HIVE Digital Technologies’ stronger consensus rating and higher probable upside, analysts clearly believe HIVE Digital Technologies is more favorable than Dolby Laboratories.

Institutional & Insider Ownership

58.6% of Dolby Laboratories shares are held by institutional investors. Comparatively, 24.4% of HIVE Digital Technologies shares are held by institutional investors. 37.9% of Dolby Laboratories shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Dolby Laboratories and HIVE Digital Technologies”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Dolby Laboratories $1.35 billion 4.46 $255.02 million $2.35 27.36
HIVE Digital Technologies $297.79 million 1.64 -$148.45 million ($1.29) -1.37

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

Risk and Volatility

Dolby Laboratories has a beta of 0.79, meaning that its share price is 21% less volatile than the S&P 500. Comparatively, HIVE Digital Technologies has a beta of 3.76, meaning that its share price is 276% more volatile than the S&P 500.

Summary

Dolby Laboratories beats HIVE Digital Technologies on 10 of the 14 factors compared between the two stocks.

About Dolby Laboratories

(Get Free Report)

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices. Its audio technologies also include DD, a digital audio coding technology that provides multichannel sound to applications; DD+, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; and HEVC, a digital video codec with high bandwidth efficiency for media devices. In addition, the company offers digital cinema servers, cinema processors, amplifiers, loudspeakers, and audio and imaging hardware and software products for the cinema, television, broadcast, communication, and entertainment industries. Further, it provides 3-D glasses and kits; and various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.

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.

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