Upstart (NASDAQ:UPST) vs. Abits Group (NASDAQ:ABTS) Critical Survey

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

Analyst Recommendations

This is a summary of current ratings and target prices 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 presently has a consensus target price of $73.38, suggesting a potential upside of 38.80%. Given Upstart’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Upstart is more favorable than Abits Group.

Institutional & Insider Ownership

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

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

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	7.88	-$128.58 million	($1.46)	-36.21
Abits Group	$5.34 million	1.42	-$12.59 million	N/A	N/A

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

Risk & Volatility

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

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.