HIVE Digital Technologies (NASDAQ:HIVE) vs. Dolby Laboratories (NYSE:DLB) Financial Comparison

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 business? We will compare the two companies based on the strength of their institutional ownership, earnings, profitability, analyst recommendations, dividends, valuation and risk.

Valuation and Earnings

This table compares Dolby Laboratories and HIVE Digital Technologies”s gross 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 4.50 $255.02 million $2.35 27.57
HIVE Digital Technologies $297.79 million 1.65 -$148.45 million ($1.29) -1.38

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.

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%

Risk & Volatility

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

Analyst Recommendations

This is a summary of recent ratings for Dolby Laboratories and HIVE Digital Technologies, as provided by MarketBeat.com.

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 presently has a consensus target price of $87.50, indicating a potential upside of 35.07%. HIVE Digital Technologies has a consensus target price of $6.95, indicating a potential upside of 290.45%. Given HIVE Digital Technologies’ stronger consensus rating and higher possible upside, analysts plainly believe HIVE Digital Technologies is more favorable than Dolby Laboratories.

Institutional & Insider Ownership

58.6% of Dolby Laboratories shares are owned by institutional investors. Comparatively, 24.4% of HIVE Digital Technologies shares are owned by institutional investors. 37.9% of Dolby Laboratories 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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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