Bit Digital (NASDAQ:BTBT) and Allbirds (NASDAQ:BIRD) Head to Head Contrast

Bit Digital (NASDAQ:BTBT) and Allbirds (NASDAQ:BIRD) are both small-cap technology companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, risk, earnings, profitability, dividends, valuation and analyst recommendations.

Profitability

This table compares Bit Digital and Allbirds’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bit Digital	-237.19%	-10.66%	-6.81%
Allbirds	-72.82%	-231.86%	-81.53%

Institutional & Insider Ownership

47.7% of Bit Digital shares are held by institutional investors. Comparatively, 44.1% of Allbirds shares are held by institutional investors. 2.0% of Bit Digital shares are held by company insiders. Comparatively, 18.8% of Allbirds shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of current recommendations and price targets for Bit Digital and Allbirds, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bit Digital	1	1	4	1	2.71
Allbirds	1	1	0	0	1.50

Bit Digital currently has a consensus target price of $4.38, suggesting a potential upside of 417.87%. Given Bit Digital’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Bit Digital is more favorable than Allbirds.

Earnings & Valuation

This table compares Bit Digital and Allbirds”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bit Digital	$113.56 million	2.68	-$80.32 million	($1.06)	-0.80
Allbirds	$152.47 million	0.13	-$77.28 million	($8.99)	-0.25

Allbirds has higher revenue and earnings than Bit Digital. Bit Digital is trading at a lower price-to-earnings ratio than Allbirds, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Bit Digital has a beta of 3.84, indicating that its stock price is 284% more volatile than the S&P 500. Comparatively, Allbirds has a beta of 2.6, indicating that its stock price is 160% more volatile than the S&P 500.

Summary

Bit Digital beats Allbirds on 10 of the 15 factors compared between the two stocks.

About Bit Digital

Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.

About Allbirds

Allbirds, Inc. manufactures and sells footwear and apparel products for men and women in the United States and internationally. The company offers a range of lifestyle and performance shoes; and apparel, including classic tees and sweats, socks, and underwear. It sells its products through its retail stores, as well as online. The company was formerly known as Bozz, Inc. and changed its name to Allbirds, Inc. in December 2015. Allbirds, Inc. was incorporated in 2015 and is headquartered in San Francisco, California.