Core Scientific (NASDAQ:CORZ – Get Free Report) is one of 109 publicly-traded companies in the “Nondepository credit institutions” industry, but how does it compare to its peers? We will compare Core Scientific to related companies based on the strength of its profitability, valuation, institutional ownership, analyst recommendations, earnings, risk and dividends.
Valuation & Earnings
This table compares Core Scientific and its peers gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Core Scientific | $502.40 million | N/A | -3.14 |
Core Scientific Competitors | $2.62 billion | $383.60 million | 13.62 |
Core Scientific’s peers have higher revenue and earnings than Core Scientific. Core Scientific is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Institutional & Insider Ownership
Profitability
This table compares Core Scientific and its peers’ 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 |
Core Scientific Competitors | -90.84% | -83.37% | -4.22% |
Analyst Ratings
This is a breakdown of recent ratings and target prices for Core Scientific and its peers, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Core Scientific | 0 | 0 | 13 | 1 | 3.07 |
Core Scientific Competitors | 482 | 1817 | 2876 | 106 | 2.49 |
Core Scientific currently has a consensus target price of $18.38, suggesting a potential upside of 8.21%. As a group, “Nondepository credit institutions” companies have a potential downside of 6.43%. Given Core Scientific’s stronger consensus rating and higher possible upside, research analysts clearly believe Core Scientific is more favorable than its peers.
Summary
Core Scientific beats its peers on 8 of the 11 factors compared.
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.
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