Soluna (NASDAQ:SLNH) vs. Core Scientific (NASDAQ:CORZ) Financial Comparison

Core Scientific (NASDAQ:CORZ) and Soluna (NASDAQ:SLNH) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, profitability, valuation, risk and institutional ownership.

Analyst Ratings

This is a breakdown of current ratings and target prices for Core Scientific and Soluna, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Core Scientific	0	0	15	1	3.06
Soluna	0	0	0	0	0.00

Core Scientific presently has a consensus price target of $19.07, suggesting a potential upside of 53.96%. Given Core Scientific’s stronger consensus rating and higher possible upside, equities analysts plainly believe Core Scientific is more favorable than Soluna.

Valuation & Earnings

This table compares Core Scientific and Soluna”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Core Scientific	$502.40 million	6.88	-$1.51 billion	($5.41)	-2.29
Soluna	$21.07 million	0.59	-$29.20 million	($14.56)	-0.10

Soluna has lower revenue, but higher earnings than Core Scientific. Core Scientific is trading at a lower price-to-earnings ratio than Soluna, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

23.2% of Soluna shares are owned by institutional investors. 27.3% of Soluna shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Core Scientific and Soluna’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Core Scientific	N/A	N/A	N/A
Soluna	-75.30%	-45.29%	-24.41%

Summary

Core Scientific beats Soluna on 10 of the 13 factors compared between the two stocks.

About Core Scientific

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. In addition, the company provides electrical power, repair, and other infrastructure services to operate, maintain, and earn digital assets; and sells mining equipment to customers. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.

About Soluna

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.