APLD vs. BITF, OB, OCFT, TINV, ALYA, CYXT, DSP, ADTH, HOLO, and CDLX
Should you be buying Applied Digital stock or one of its competitors? The main competitors of Applied Digital include Bitfarms (BITF), Outbrain (OB), OneConnect Financial Technology (OCFT), Tiga Acquisition (TINV), Alithya Group (ALYA), Cyxtera Technologies (CYXT), Viant Technology (DSP), AdTheorent (ADTH), MicroCloud Hologram (HOLO), and Cardlytics (CDLX). These companies are all part of the "computer programming, data processing, & other computer related" industry.
Applied Digital vs.
Bitfarms (NASDAQ:BITF) and Applied Digital (OTCMKTS:APLD) are both small-cap business services companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, community ranking, risk, analyst recommendations, media sentiment, earnings, valuation, profitability and institutional ownership.
Bitfarms has a beta of 3.11, meaning that its share price is 211% more volatile than the S&P 500. Comparatively, Applied Digital has a beta of 5.01, meaning that its share price is 401% more volatile than the S&P 500.
Bitfarms has a net margin of -121.45% compared to Applied Digital's net margin of -145.35%. Bitfarms' return on equity of -3.82% beat Applied Digital's return on equity.
Bitfarms currently has a consensus target price of $2.00, suggesting a potential upside of 101.11%. Applied Digital has a consensus target price of $6.31, suggesting a potential upside of 197.84%. Given Applied Digital's higher possible upside, analysts clearly believe Applied Digital is more favorable than Bitfarms.
14.4% of Bitfarms shares are owned by institutional investors. Comparatively, 48.4% of Applied Digital shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by insiders. Comparatively, 28.9% of Applied Digital shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
In the previous week, Bitfarms and Bitfarms both had 4 articles in the media. Bitfarms' average media sentiment score of 0.33 beat Applied Digital's score of -0.75 indicating that Bitfarms is being referred to more favorably in the media.
Bitfarms has higher revenue and earnings than Applied Digital. Applied Digital is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks.
Applied Digital received 4 more outperform votes than Bitfarms when rated by MarketBeat users. Likewise, 80.00% of users gave Applied Digital an outperform vote while only 40.00% of users gave Bitfarms an outperform vote.
Summary
Applied Digital beats Bitfarms on 9 of the 16 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding APLD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of OTCMKTS 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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Applied Digital Competitors List