CleanSpark (NASDAQ:CLSK) vs. Coinbase Global (NASDAQ:COIN) Critical Contrast

CleanSpark (NASDAQ:CLSKGet Free Report) and Coinbase Global (NASDAQ:COINGet Free Report) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, valuation, dividends, risk, profitability and institutional ownership.

Institutional & Insider Ownership

43.1% of CleanSpark shares are held by institutional investors. Comparatively, 68.8% of Coinbase Global shares are held by institutional investors. 3.0% of CleanSpark shares are held by company insiders. Comparatively, 23.4% of Coinbase Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings for CleanSpark and Coinbase Global, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CleanSpark 0 0 6 0 3.00
Coinbase Global 1 9 10 0 2.45

CleanSpark presently has a consensus target price of $23.17, indicating a potential upside of 114.51%. Coinbase Global has a consensus target price of $286.22, indicating a potential upside of 5.75%. Given CleanSpark’s stronger consensus rating and higher possible upside, research analysts clearly believe CleanSpark is more favorable than Coinbase Global.

Earnings and Valuation

This table compares CleanSpark and Coinbase Global”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
CleanSpark $378.97 million 8.34 -$145.78 million ($0.58) -18.62
Coinbase Global $5.25 billion 12.92 $94.87 million $5.86 46.19

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

Risk & Volatility

CleanSpark has a beta of 4.16, suggesting that its share price is 316% more volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.57, suggesting that its share price is 257% more volatile than the S&P 500.

Profitability

This table compares CleanSpark and Coinbase Global’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
CleanSpark -38.47% -2.36% -2.18%
Coinbase Global 29.76% 14.81% 0.41%

Summary

Coinbase Global beats CleanSpark on 11 of the 14 factors compared between the two stocks.

About CleanSpark

(Get Free Report)

CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

About Coinbase Global

(Get Free Report)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware.

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