Abits Group (NASDAQ:ABTS) and Upstart (NASDAQ:UPST) Critical Survey

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

Volatility and Risk

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

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%

Valuation and Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Abits Group	$5.34 million	24.83	-$12.59 million	N/A	N/A
Upstart	$628.83 million	7.06	-$128.58 million	($1.46)	-32.47

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

Insider & Institutional 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 insiders. Comparatively, 18.1% of Upstart shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings and price targets for Abits Group and Upstart, as provided by MarketBeat.com.

	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 54.82%. Given Upstart’s stronger consensus rating and higher probable upside, analysts plainly believe Upstart is more favorable than Abits Group.

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.