Soluna (NASDAQ:SLNH) versus Core Scientific (NASDAQ:CORZ) Head-To-Head Review

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

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%

Insider & Institutional Ownership

23.2% of Soluna shares are held by institutional investors. 32.0% of Core Scientific shares are held by company insiders. Comparatively, 27.3% of Soluna shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Core Scientific and Soluna”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Core Scientific	$502.40 million	6.00	-$1.51 billion	($5.41)	-2.00
Soluna	$21.07 million	0.58	-$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.

Analyst Ratings

This is a breakdown of recent recommendations for Core Scientific and Soluna, as provided by MarketBeat.

	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 currently has a consensus price target of $19.07, indicating a potential upside of 76.54%. Given Core Scientific’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Core Scientific is more favorable than Soluna.

Summary

Core Scientific beats Soluna on 11 of the 14 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.