BITF vs. BTDR, GDOT, CMPO, SOS, HKD, OPFI, ML, BTBT, BKKT, and CIFR
Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Bitdeer Technologies Group (BTDR), Green Dot (GDOT), CompoSecure (CMPO), SOS (SOS), AMTD Digital (HKD), OppFi (OPFI), MoneyLion (ML), Bit Digital (BTBT), Bakkt (BKKT), and Cipher Mining (CIFR). These companies are all part of the "nondepository credit institutions" industry.
Bitfarms (NASDAQ:BITF) and Bitdeer Technologies Group (NASDAQ:BTDR) are both small-cap business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, analyst recommendations, dividends, institutional ownership, profitability, risk, media sentiment, valuation and earnings.
Bitdeer Technologies Group has higher revenue and earnings than Bitfarms. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks.
In the previous week, Bitdeer Technologies Group had 5 more articles in the media than Bitfarms. MarketBeat recorded 24 mentions for Bitdeer Technologies Group and 19 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.53 beat Bitdeer Technologies Group's score of 0.12 indicating that Bitfarms is being referred to more favorably in the media.
Bitfarms has a beta of 3.65, indicating that its share price is 265% more volatile than the S&P 500. Comparatively, Bitdeer Technologies Group has a beta of 1.79, indicating that its share price is 79% more volatile than the S&P 500.
Bitfarms currently has a consensus target price of $4.00, indicating a potential upside of 128.57%. Bitdeer Technologies Group has a consensus target price of $13.64, indicating a potential upside of 138.93%. Given Bitdeer Technologies Group's higher possible upside, analysts plainly believe Bitdeer Technologies Group is more favorable than Bitfarms.
Bitfarms received 11 more outperform votes than Bitdeer Technologies Group when rated by MarketBeat users. However, 100.00% of users gave Bitdeer Technologies Group an outperform vote while only 75.76% of users gave Bitfarms an outperform vote.
20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 22.3% of Bitdeer Technologies Group shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Bitdeer Technologies Group has a net margin of -11.21% compared to Bitfarms' net margin of -64.06%. Bitdeer Technologies Group's return on equity of -3.98% beat Bitfarms' return on equity.
Summary
Bitdeer Technologies Group beats Bitfarms on 10 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding BITF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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