BITF vs. BTDR, HKD, CMPO, ML, GDOT, SOS, OPFI, CIFR, BTBT, and VOCL
Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Bitdeer Technologies Group (BTDR), AMTD Digital (HKD), CompoSecure (CMPO), MoneyLion (ML), Green Dot (GDOT), SOS (SOS), OppFi (OPFI), Cipher Mining (CIFR), Bit Digital (BTBT), and Creatd (VOCL). These companies are all part of the "business services" sector.
Bitdeer Technologies Group (NASDAQ:BTDR) and Bitfarms (NASDAQ:BITF) are both small-cap business services companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, earnings, profitability, risk, analyst recommendations, community ranking, dividends and media sentiment.
Bitfarms received 12 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 75.00% of users gave Bitfarms an outperform vote.
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.
Bitdeer Technologies Group has a beta of 1.79, indicating that its stock price is 79% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.65, indicating that its stock price is 265% more volatile than the S&P 500.
Bitdeer Technologies Group presently has a consensus price target of $13.64, suggesting a potential upside of 148.05%. Bitfarms has a consensus price target of $4.20, suggesting a potential upside of 142.77%. Given Bitfarms' higher possible upside, equities analysts plainly believe Bitdeer Technologies Group is more favorable than Bitfarms.
Bitdeer Technologies Group has a net margin of -15.37% compared to Bitdeer Technologies Group's net margin of -70.53%. Bitfarms' return on equity of -7.34% beat Bitdeer Technologies Group's return on equity.
22.3% of Bitdeer Technologies Group shares are held by institutional investors. Comparatively, 20.6% of Bitfarms shares are held by institutional investors. 9.5% of Bitfarms shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
In the previous week, Bitfarms had 5 more articles in the media than Bitdeer Technologies Group. MarketBeat recorded 10 mentions for Bitfarms and 5 mentions for Bitdeer Technologies Group. Bitfarms' average media sentiment score of 0.75 beat Bitdeer Technologies Group's score of 0.56 indicating that Bitdeer Technologies Group is being referred to more favorably in the media.
Summary
Bitdeer Technologies Group beats Bitfarms on 10 of the 17 factors compared between the two stocks.
Get Bitfarms News Delivered to You Automatically
Sign up to receive the latest news and ratings for BITF and its competitors with MarketBeat's FREE daily newsletter.
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.
This 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.
Bitfarms Competitors List
Related Companies and Tools
