Head-To-Head Analysis: Core Scientific (NASDAQ:CORZ) & Wix.com (NASDAQ:WIX)

Wix.com (NASDAQ:WIX) and Core Scientific (NASDAQ:CORZ) are both mid-cap technology companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, earnings, institutional ownership, valuation, dividends and profitability.

Insider and Institutional Ownership

81.5% of Wix.com shares are owned by institutional investors. 6.2% of Wix.com shares are owned by company insiders. Comparatively, 1.7% of Core Scientific shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Wix.com and Core Scientific, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Wix.com	2	10	11	0	2.39
Core Scientific	1	2	18	2	2.91

Wix.com presently has a consensus price target of $91.76, suggesting a potential upside of 11.99%. Core Scientific has a consensus price target of $31.78, suggesting a potential upside of 142.57%. Given Core Scientific’s stronger consensus rating and higher probable upside, analysts plainly believe Core Scientific is more favorable than Wix.com.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Wix.com	-8.19%	-1.61%	0.40%
Core Scientific	-325.50%	N/A	-9.64%

Valuation & Earnings

This table compares Wix.com and Core Scientific”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Wix.com	$1.99 billion	2.40	$50.65 million	($3.54)	-23.15
Core Scientific	$440.31 million	9.56	-$288.62 million	($4.42)	-2.96

Wix.com has higher revenue and earnings than Core Scientific. Wix.com is trading at a lower price-to-earnings ratio than Core Scientific, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

Wix.com has a beta of 1.01, meaning that its share price is 1% more volatile than the S&P 500. Comparatively, Core Scientific has a beta of 5.49, meaning that its share price is 449% more volatile than the S&P 500.

Summary

Core Scientific beats Wix.com on 8 of the 15 factors compared between the two stocks.

About Wix.com

Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers. It also provides Wix Logo Maker that generates a logo, including through the use of artificial intelligence; Wix Answers to support users; and Payments by Wix, a payment platform, which helps its users receive payments from their customers through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including Wix App Market, a marketplace that offers its registered users various free and paid web applications for building, growing, and managing their businesses; Wix marketplace that brings users seeking help in creating and managing a website together with Web experts; and Wix owner App, a native mobile application, which enables users to manage their Websites and Wix operating systems. The company was formerly known as Wixpress Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

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.