BTCM vs. EGHT, OABI, AHG, TRVG, PMTS, TCX, MXCT, OPRX, III, and PESI
Should you be buying BIT Mining stock or one of its competitors? The main competitors of BIT Mining include 8X8 (EGHT), OmniAb (OABI), Akso Health Group (AHG), Trivago N.V. ADS (TRVG), CPI Card Group (PMTS), Tucows (TCX), MaxCyte (MXCT), OptimizeRx (OPRX), Information Services Group (III), and Perma-Fix Environmental Services (PESI). These companies are all part of the "business services" industry.
BIT Mining vs. Its Competitors
BIT Mining (NYSE:BTCM) and 8X8 (NASDAQ:EGHT) are both small-cap business services companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, profitability, risk, analyst recommendations, media sentiment, institutional ownership, dividends and earnings.
BIT Mining has a beta of 3.13, suggesting that its share price is 213% more volatile than the S&P 500. Comparatively, 8X8 has a beta of 1.83, suggesting that its share price is 83% more volatile than the S&P 500.
BIT Mining has a net margin of 0.00% compared to 8X8's net margin of -3.81%. 8X8's return on equity of 5.73% beat BIT Mining's return on equity.
In the previous week, BIT Mining had 7 more articles in the media than 8X8. MarketBeat recorded 15 mentions for BIT Mining and 8 mentions for 8X8. 8X8's average media sentiment score of 0.38 beat BIT Mining's score of 0.22 indicating that 8X8 is being referred to more favorably in the news media.
BIT Mining has higher earnings, but lower revenue than 8X8. 8X8 is trading at a lower price-to-earnings ratio than BIT Mining, indicating that it is currently the more affordable of the two stocks.
5.3% of BIT Mining shares are held by institutional investors. Comparatively, 94.0% of 8X8 shares are held by institutional investors. 19.7% of BIT Mining shares are held by company insiders. Comparatively, 2.0% of 8X8 shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
8X8 has a consensus price target of $2.51, suggesting a potential upside of 28.94%. Given 8X8's higher probable upside, analysts clearly believe 8X8 is more favorable than BIT Mining.
Summary
8X8 beats BIT Mining on 8 of the 15 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding BTCM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE 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.
BIT Mining Competitors List
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This page (NYSE:BTCM) was last updated on 7/16/2025 by MarketBeat.com Staff
