Coinbase Global (NASDAQ:COIN) & Griid Infrastructure (NASDAQ:GRDI) Financial Survey

Griid Infrastructure (NASDAQ:GRDI) and Coinbase Global (NASDAQ:COIN) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, profitability, valuation, dividends and risk.

Profitability

This table compares Griid Infrastructure and Coinbase Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Griid Infrastructure	N/A	-44.60%	51.28%
Coinbase Global	29.76%	14.81%	0.41%

Volatility & Risk

Griid Infrastructure has a beta of -0.39, suggesting that its share price is 139% less volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.34, suggesting that its share price is 234% more volatile than the S&P 500.

Insider and Institutional Ownership

77.8% of Griid Infrastructure shares are held by institutional investors. Comparatively, 68.8% of Coinbase Global shares are held by institutional investors. 0.3% of Griid Infrastructure shares are held by company insiders. Comparatively, 23.4% of Coinbase Global shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Griid Infrastructure and Coinbase Global, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Griid Infrastructure	0	0	0	0	0.00
Coinbase Global	1	9	10	0	2.45

Coinbase Global has a consensus target price of $246.28, indicating a potential downside of 13.50%. Given Coinbase Global’s stronger consensus rating and higher probable upside, analysts plainly believe Coinbase Global is more favorable than Griid Infrastructure.

Valuation and Earnings

This table compares Griid Infrastructure and Coinbase Global”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Griid Infrastructure	$19.62 million	0.44	-$18.66 million	N/A	N/A
Coinbase Global	$3.11 billion	22.93	$94.87 million	$5.86	48.59

Coinbase Global has higher revenue and earnings than Griid Infrastructure.

Summary

Coinbase Global beats Griid Infrastructure on 10 of the 12 factors compared between the two stocks.

About Griid Infrastructure

Griid Infrastructure Inc. operates as a vertically integrated bitcoin mining company in North America. The company owns and operates a portfolio of energy infrastructure and data centers. It also engages in bitcoin mining operation, which operates specialized computers that generate cryptocurrency. The company was founded in 2018 and is based in Cincinnati, Ohio.

About Coinbase Global

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware.