Head to Head Comparison: Core Scientific (NASDAQ:CORZ) versus Prestige Wealth (NASDAQ:PWM)

Prestige Wealth (NASDAQ:PWM) and Core Scientific (NASDAQ:CORZ) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, risk, institutional ownership, valuation, dividends and earnings.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Prestige Wealth	N/A	N/A	N/A
Core Scientific	N/A	N/A	N/A

Analyst Recommendations

This is a summary of recent recommendations for Prestige Wealth and Core Scientific, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Prestige Wealth	0	0	0	0	0.00
Core Scientific	0	0	18	2	3.10

Core Scientific has a consensus price target of $18.44, indicating a potential upside of 44.44%. Given Core Scientific’s stronger consensus rating and higher probable upside, analysts plainly believe Core Scientific is more favorable than Prestige Wealth.

Institutional and Insider Ownership

7.7% of Prestige Wealth shares are held by institutional investors. 1.4% of Core Scientific shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Volatility & Risk

Prestige Wealth has a beta of 3.08, suggesting that its share price is 208% more volatile than the S&P 500. Comparatively, Core Scientific has a beta of 6.3, suggesting that its share price is 530% more volatile than the S&P 500.

Valuation & Earnings

This table compares Prestige Wealth and Core Scientific”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Prestige Wealth	$639,912.00	8.95	-$6.88 million	N/A	N/A
Core Scientific	$410.91 million	9.26	-$1.50 billion	($5.03)	-2.54

Prestige Wealth has higher earnings, but lower revenue than Core Scientific.

Summary

Core Scientific beats Prestige Wealth on 8 of the 10 factors compared between the two stocks.

About Prestige Wealth

Prestige Wealth Inc., through its subsidiaries, provides wealth management and asset management services. It assists its clients in identifying and purchasing wealth and asset management products. The company offers its services primarily for high net worth and ultra-high net worth individuals, including business owners, executives, heirs of rich families, and other affluent individuals in Asia primarily in the mainland China or Hong Kong. The company was incorporated in 2018 and is based in Central, Hong Kong. Prestige Wealth Inc. is a subsidiary of Prestige Financial Holdings Group Limited.

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.