Core Scientific (NASDAQ:CORZ – Get Free Report) and The9 (NASDAQ:NCTY – Get Free Report) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, institutional ownership, valuation, dividends, earnings and profitability.
Insider & Institutional Ownership
0.5% of The9 shares are owned by institutional investors. 32.0% of Core Scientific shares are owned by company insiders. Comparatively, 30.8% of The9 shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Profitability
This table compares Core Scientific and The9’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 |
The9 | N/A | N/A | N/A |
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Core Scientific | 0 | 0 | 13 | 1 | 3.07 |
The9 | 0 | 0 | 0 | 0 | 0.00 |
Core Scientific currently has a consensus price target of $18.38, suggesting a potential upside of 16.14%. Given Core Scientific’s stronger consensus rating and higher probable upside, analysts clearly believe Core Scientific is more favorable than The9.
Valuation & Earnings
This table compares Core Scientific and The9″s 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 | 8.80 | -$1.51 billion | ($5.41) | -2.93 |
The9 | $25.22 million | 3.97 | $2.82 million | N/A | N/A |
The9 has lower revenue, but higher earnings than Core Scientific.
Summary
Core Scientific beats The9 on 7 of the 9 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 The9
The9 Limited operates as a cryptocurrency mining business in China, Eastern Europe, Asia, and North America. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People’s Republic of China.
Receive News & Ratings for Core Scientific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Core Scientific and related companies with MarketBeat.com's FREE daily email newsletter.