Analyzing Coinbase Global (NASDAQ:COIN) and Greenidge Generation (NASDAQ:GREE)

Coinbase Global (NASDAQ:COIN) and Greenidge Generation (NASDAQ:GREE) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, valuation, risk, earnings, institutional ownership and dividends.

Volatility and Risk

Coinbase Global has a beta of 3.61, indicating that its stock price is 261% more volatile than the S&P 500. Comparatively, Greenidge Generation has a beta of 3.18, indicating that its stock price is 218% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Coinbase Global and Greenidge Generation, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Coinbase Global	0	11	10	1	2.55
Greenidge Generation	0	0	1	0	3.00

Coinbase Global presently has a consensus price target of $266.10, indicating a potential upside of 9.64%. Greenidge Generation has a consensus price target of $4.00, indicating a potential upside of 187.77%. Given Greenidge Generation’s stronger consensus rating and higher probable upside, analysts plainly believe Greenidge Generation is more favorable than Coinbase Global.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Coinbase Global	39.34%	20.64%	0.77%
Greenidge Generation	-20.09%	N/A	-18.76%

Insider & Institutional Ownership

68.8% of Coinbase Global shares are held by institutional investors. Comparatively, 8.5% of Greenidge Generation shares are held by institutional investors. 17.7% of Coinbase Global shares are held by company insiders. Comparatively, 27.8% of Greenidge Generation shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Coinbase Global and Greenidge Generation”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Coinbase Global	$6.96 billion	8.85	$2.58 billion	$5.34	45.45
Greenidge Generation	$59.44 million	0.36	-$29.51 million	N/A	N/A

Coinbase Global has higher revenue and earnings than Greenidge Generation.

Summary

Coinbase Global beats Greenidge Generation on 10 of the 13 factors compared between the two stocks.

About Coinbase Global

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.

About Greenidge Generation

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers. It also owns and operates a 106 MW nameplate capacity power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.