Comparing HyreCar (NASDAQ:HYRE) & InterPrivate II Acquisition (NYSE:IPVA)

InterPrivate II Acquisition (NYSE:IPVAGet Rating) and HyreCar (NASDAQ:HYREGet Rating) are both small-cap business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, risk, dividends, institutional ownership and profitability.

Analyst Ratings

This is a summary of current ratings and price targets for InterPrivate II Acquisition and HyreCar, as provided by

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
InterPrivate II Acquisition 0 0 0 0 N/A
HyreCar 0 0 2 0 3.00

HyreCar has a consensus price target of $6.88, suggesting a potential upside of 432.95%. Given HyreCar’s higher probable upside, analysts plainly believe HyreCar is more favorable than InterPrivate II Acquisition.

Valuation & Earnings

This table compares InterPrivate II Acquisition and HyreCar’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
InterPrivate II Acquisition N/A N/A -$2.62 million N/A N/A
HyreCar $35.72 million 0.79 -$25.95 million ($0.87) -1.48

InterPrivate II Acquisition has higher earnings, but lower revenue than HyreCar.

Institutional and Insider Ownership

66.1% of InterPrivate II Acquisition shares are held by institutional investors. Comparatively, 55.1% of HyreCar shares are held by institutional investors. 14.7% of HyreCar shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.


This table compares InterPrivate II Acquisition and HyreCar’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
InterPrivate II Acquisition N/A -13,789.61% -0.01%
HyreCar -48.69% -598.93% -125.22%


HyreCar beats InterPrivate II Acquisition on 5 of the 9 factors compared between the two stocks.

About InterPrivate II Acquisition

(Get Rating)

InterPrivate II Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the auto-tech and mobility, business services, consumer, retail, e-commerce, industrial technology sectors. The company was incorporated in 2020 and is based in New York, New York.

About HyreCar

(Get Rating)

HyreCar Inc., together with subsidiaries, operates a web-based car-sharing marketplace in the United States. Its marketplace allows car and fleet owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. HyreCar Inc. was incorporated in 2014 and is headquartered in Los Angeles, California.

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