Head to Head Analysis: Pagaya Technologies (NASDAQ:PGY) & HIVE Digital Technologies (NASDAQ:HIVE)

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
HIVE Digital Technologies	-12.04%	-10.78%	-8.97%
Pagaya Technologies	-18.48%	1.01%	0.47%

Earnings and Valuation

This table compares HIVE Digital Technologies and Pagaya Technologies”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
HIVE Digital Technologies	$124.87 million	4.29	-$51.21 million	($0.14)	-29.21
Pagaya Technologies	$939.31 million	0.85	-$128.44 million	($2.54)	-4.26

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

Analyst Ratings

This is a breakdown of current ratings and price targets for HIVE Digital Technologies and Pagaya Technologies, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
HIVE Digital Technologies	0	0	5	1	3.17
Pagaya Technologies	0	2	7	0	2.78

HIVE Digital Technologies presently has a consensus target price of $7.40, indicating a potential upside of 80.93%. Pagaya Technologies has a consensus target price of $22.11, indicating a potential upside of 104.54%. Given Pagaya Technologies’ higher probable upside, analysts clearly believe Pagaya Technologies is more favorable than HIVE Digital Technologies.

Institutional and Insider Ownership

24.4% of HIVE Digital Technologies shares are owned by institutional investors. Comparatively, 57.1% of Pagaya Technologies shares are owned by institutional investors. 9.4% of HIVE Digital Technologies shares are owned by insiders. Comparatively, 49.6% of Pagaya Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Risk and Volatility

HIVE Digital Technologies has a beta of 3.43, suggesting that its stock price is 243% more volatile than the S&P 500. Comparatively, Pagaya Technologies has a beta of 6.33, suggesting that its stock price is 533% more volatile than the S&P 500.

Summary

Pagaya Technologies beats HIVE Digital Technologies on 9 of the 15 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 Pagaya Technologies

Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial institutions and investors in the United States, Israel, the Cayman Islands, and internationally. The company develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets. Its partners include high-growth financial technology companies, incumbent banks and financial institutions, auto finance providers, and residential real estate service providers. Pagaya Technologies Ltd. was incorporated in 2016 and is headquartered in New York, New York.