Head-To-Head Review: Applied Blockchain (OTCMKTS:APLD) and Eventbrite (NYSE:EB)

Applied Blockchain (OTCMKTS:APLDGet Rating) and Eventbrite (NYSE:EBGet Rating) are both small-cap business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, profitability, dividends, institutional ownership, risk and earnings.

Risk and Volatility

Applied Blockchain has a beta of 5.1, meaning that its share price is 410% more volatile than the S&P 500. Comparatively, Eventbrite has a beta of 2.73, meaning that its share price is 173% more volatile than the S&P 500.

Profitability

This table compares Applied Blockchain and Eventbrite’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Applied Blockchain N/A N/A N/A
Eventbrite -34.10% -43.17% -7.78%

Insider and Institutional Ownership

2.7% of Applied Blockchain shares are owned by institutional investors. Comparatively, 89.4% of Eventbrite shares are owned by institutional investors. 27.5% of Applied Blockchain shares are owned by insiders. Comparatively, 18.6% of Eventbrite shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares Applied Blockchain and Eventbrite’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Applied Blockchain N/A N/A -$570,000.00 N/A N/A
Eventbrite $187.13 million 6.10 -$139.08 million ($0.77) -15.17

Applied Blockchain has higher earnings, but lower revenue than Eventbrite.

Analyst Ratings

This is a summary of current recommendations and price targets for Applied Blockchain and Eventbrite, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Applied Blockchain 0 0 6 0 3.00
Eventbrite 0 2 1 0 2.33

Applied Blockchain presently has a consensus target price of $8.17, suggesting a potential upside of 262.96%. Eventbrite has a consensus target price of $16.50, suggesting a potential upside of 41.27%. Given Applied Blockchain’s stronger consensus rating and higher probable upside, research analysts clearly believe Applied Blockchain is more favorable than Eventbrite.

Summary

Applied Blockchain beats Eventbrite on 9 of the 11 factors compared between the two stocks.

About Applied Blockchain

(Get Rating)

Applied Blockchain, Inc. engages in crypto mining and co-hosting operations. The company was formerly known as Applied Science Products, Inc. and changed its name to Applied Blockchain, Inc. in April 2021. The company is based in Dallas, Texas.

About Eventbrite

(Get Rating)

Eventbrite, Inc. operates a self-service ticketing and experience technology platform that serves event creators in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, increase reach, and drive ticket sales. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc. in 2009. Eventbrite, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

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