Critical Contrast: Abits Group (NASDAQ:ABTS) & Upstart (NASDAQ:UPST)

Abits Group (NASDAQ:ABTS) and Upstart (NASDAQ:UPST) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends and earnings.

Institutional and Insider Ownership

0.2% of Abits Group shares are owned by institutional investors. Comparatively, 63.0% of Upstart shares are owned by institutional investors. 6.7% of Abits Group shares are owned by company insiders. Comparatively, 18.1% of Upstart shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Abits Group and Upstart”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Abits Group	$5.34 million	1.53	-$12.59 million	N/A	N/A
Upstart	$628.83 million	8.22	-$128.58 million	($1.46)	-37.77

Abits Group has higher earnings, but lower revenue than Upstart.

Profitability

This table compares Abits Group and Upstart’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Abits Group	N/A	N/A	N/A
Upstart	-20.20%	-25.87%	-7.95%

Risk and Volatility

Abits Group has a beta of 2.64, indicating that its stock price is 164% more volatile than the S&P 500. Comparatively, Upstart has a beta of 2.25, indicating that its stock price is 125% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations for Abits Group and Upstart, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Abits Group	0	0	0	0	0.00
Upstart	2	7	5	0	2.21

Upstart has a consensus target price of $73.38, indicating a potential upside of 33.09%. Given Upstart’s stronger consensus rating and higher probable upside, analysts clearly believe Upstart is more favorable than Abits Group.

Summary

Upstart beats Abits Group on 7 of the 12 factors compared between the two stocks.

About Abits Group

Abits Group Inc. operates in the bitcoin mining business in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Causeway Bay, Hong Kong.

About Upstart

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions. Upstart Holdings, Inc. was founded in 2012 and is headquartered in San Mateo, California.