BITF vs. CLSK, WD, RIOT, QFIN, UPST, PWP, CIFR, CORZ, LU, and WULF
Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include CleanSpark (CLSK), Walker & Dunlop (WD), Riot Platforms (RIOT), Qifu Technology (QFIN), Upstart (UPST), Perella Weinberg Partners (PWP), Cipher Mining (CIFR), Core Scientific (CORZ), Lufax (LU), and TeraWulf (WULF). These companies are all part of the "nondepository credit institutions" industry.
CleanSpark (NASDAQ:CLSK) and Bitfarms (NASDAQ:BITF) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, valuation, profitability, institutional ownership, media sentiment, earnings, risk and analyst recommendations.
In the previous week, Bitfarms had 5 more articles in the media than CleanSpark. MarketBeat recorded 14 mentions for Bitfarms and 9 mentions for CleanSpark. Bitfarms' average media sentiment score of 0.40 beat CleanSpark's score of 0.12 indicating that CleanSpark is being referred to more favorably in the media.
Bitfarms has lower revenue, but higher earnings than CleanSpark.
CleanSpark has a net margin of 22.41% compared to CleanSpark's net margin of -64.06%. Bitfarms' return on equity of -6.30% beat CleanSpark's return on equity.
43.1% of CleanSpark shares are held by institutional investors. Comparatively, 20.6% of Bitfarms shares are held by institutional investors. 3.5% of CleanSpark shares are held by company insiders. Comparatively, 9.5% of Bitfarms shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
CleanSpark has a beta of 4.21, indicating that its share price is 321% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.68, indicating that its share price is 268% more volatile than the S&P 500.
CleanSpark presently has a consensus price target of $20.13, indicating a potential upside of 16.51%. Bitfarms has a consensus price target of $3.88, indicating a potential upside of 44.36%. Given CleanSpark's higher probable upside, analysts plainly believe Bitfarms is more favorable than CleanSpark.
CleanSpark received 96 more outperform votes than Bitfarms when rated by MarketBeat users. However, 76.92% of users gave Bitfarms an outperform vote while only 74.12% of users gave CleanSpark an outperform vote.
Summary
CleanSpark beats Bitfarms on 11 of the 16 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.
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.
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