Reviewing HIVE Digital Technologies (NASDAQ:HIVE) & Galaxy Digital (NASDAQ:GLXY)

HIVE Digital Technologies (NASDAQ:HIVE) and Galaxy Digital (NASDAQ:GLXY) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, valuation, dividends, earnings, institutional ownership and analyst recommendations.

Institutional & Insider Ownership

24.4% of HIVE Digital Technologies shares are held by institutional investors. 9.4% of HIVE Digital Technologies shares are held by insiders. Comparatively, 51.5% of Galaxy Digital shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of current ratings for HIVE Digital Technologies and Galaxy Digital, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
HIVE Digital Technologies	1	2	6	0	2.56
Galaxy Digital	1	2	12	1	2.81

HIVE Digital Technologies presently has a consensus target price of $6.17, suggesting a potential upside of 129.24%. Galaxy Digital has a consensus target price of $39.50, suggesting a potential upside of 33.40%. Given HIVE Digital Technologies’ higher possible upside, research analysts plainly believe HIVE Digital Technologies is more favorable than Galaxy Digital.

Earnings & Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
HIVE Digital Technologies	$115.28 million	6.17	-$3.00 million	($0.60)	-4.48
Galaxy Digital	$61.36 billion	0.19	-$241.35 million	($0.48)	-61.69

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
HIVE Digital Technologies	-47.89%	-19.81%	-17.54%
Galaxy Digital	-0.54%	-2.30%	-0.64%

Summary

Galaxy Digital beats HIVE Digital Technologies on 9 of the 14 factors compared between the two stocks.

About HIVE Digital Technologies

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 Galaxy Digital

Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other. The Trading segment manages positions in cryptocurrency and other liquid digital assets contributed to the business at the outset and continues to invest and trade in those and related assets. The Principal Investment segment includes portfolio of private principal investments across the block chain ecosystem, including early- and later-stage equity, pre-launch network contributions, and other structured alternative investments. The Asset Management segment manages capital on behalf of third parties in exchange for management fees and performance-based compensation. The Investment Banking segment offers the spectrum of investment banking, including, but not limited to general corporate advisory, mergers and acquisition, transaction advisory, restructuring and capital rising. The Mining segment focuses to provide financial services for North American miners, through its partnerships. The Corporate & Other consists of the partnership’s unallocated corporate overhead and other unallocated costs not identifiable to any of the reportable segments. The company was founded by Michael Edward Novogratz on February 10, 2006 and is headquartered in New York, NY.