Upstart (NASDAQ:UPST) versus Abits Group (NASDAQ:ABTS) Financial Review

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

Volatility and Risk

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

Valuation and Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Upstart	$628.83 million	7.60	-$128.58 million	($1.46)	-34.93
Abits Group	$5.34 million	1.71	-$12.59 million	N/A	N/A

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

Analyst Recommendations

This is a summary of current ratings for Upstart and Abits Group, as reported by MarketBeat.com.

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

Upstart currently has a consensus target price of $73.38, suggesting a potential upside of 43.89%. Given Upstart’s stronger consensus rating and higher probable upside, equities analysts plainly believe Upstart is more favorable than Abits Group.

Profitability

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

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

Institutional & Insider Ownership

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

Summary

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

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.

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.