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

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

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	8.22	-$128.58 million	($1.46)	-37.77
Abits Group	$5.34 million	1.53	-$12.59 million	N/A	N/A

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

Volatility and Risk

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

Analyst Recommendations

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

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

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

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

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.