CoreWeave (NASDAQ:CRWV) and Soluna (NASDAQ:SLNH) Financial Comparison

Soluna (NASDAQ:SLNH) and CoreWeave (NASDAQ:CRWV) are both technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, dividends, profitability, valuation, earnings, risk and institutional ownership.

Insider and Institutional Ownership

23.2% of Soluna shares are held by institutional investors. 15.5% of Soluna shares are held by company insiders. Comparatively, 24.2% of CoreWeave shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Soluna	-182.16%	-52.19%	-32.17%
CoreWeave	-25.41%	-47.95%	-3.79%

Earnings & Valuation

This table compares Soluna and CoreWeave”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Soluna	$42.08 million	4.37	-$53.41 million	($1.12)	-0.67
CoreWeave	$5.13 billion	6.23	-$1.17 billion	($3.65)	-19.09

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

Analyst Recommendations

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Soluna	1	1	1	1	2.50
CoreWeave	3	8	24	0	2.60

Soluna currently has a consensus target price of $4.00, indicating a potential upside of 436.84%. CoreWeave has a consensus target price of $139.82, indicating a potential upside of 100.63%. Given Soluna’s higher possible upside, research analysts clearly believe Soluna is more favorable than CoreWeave.

Volatility and Risk

Soluna has a beta of 5.09, indicating that its stock price is 409% more volatile than the S&P 500. Comparatively, CoreWeave has a beta of 7.36, indicating that its stock price is 636% more volatile than the S&P 500.

Summary

CoreWeave beats Soluna on 9 of the 14 factors compared between the two stocks.

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.

About CoreWeave

CoreWeave, Inc. engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.