CORZ icon

Core Scientific

10.80 USD
-1.04
8.78%
At close Feb 21, 4:00 PM EST
After hours
11.18
+0.38
3.52%
1 day
-8.78%
5 days
-13.46%
1 month
-29.27%
3 months
-38.46%
6 months
2.47%
Year to date
-25.41%
1 year
233.33%
5 years
213.95%
10 years
213.95%
 

About: Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.

Employees: 286

0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

130% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 46

102% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 55

98% more call options, than puts

Call options by funds: $485M | Put options by funds: $245M

62% more capital invested

Capital invested by funds: $2.06B [Q3] → $3.32B (+$1.27B) [Q4]

25% more funds holding in top 10

Funds holding in top 10: 20 [Q3] → 25 (+5) [Q4]

22% more funds holding

Funds holding: 247 [Q3] → 301 (+54) [Q4]

18.21% more ownership

Funds ownership: 66.49% [Q3] → 84.7% (+18.21%) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$18
67%
upside
Avg. target
$21
91%
upside
High target
$24
122%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Craig-Hallum
George Sutton
57% 1-year accuracy
17 / 30 met price target
122%upside
$24
Buy
Initiated
21 Jan 2025
Needham
John Todaro
76% 1-year accuracy
53 / 70 met price target
67%upside
$18
Buy
Reiterated
17 Jan 2025
BTIG
Gregory Lewis
41% 1-year accuracy
19 / 46 met price target
85%upside
$20
Buy
Maintained
16 Dec 2024

Financial journalist opinion

Based on 5 articles about CORZ published over the past 30 days

Neutral
Business Wire
1 day ago
Core Scientific, Inc. Schedules Fourth Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today announced it will issue financial results for the Company's fiscal year 2024 fourth quarter after financial markets close on Wednesday, February 26, 2025. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to r.
Core Scientific, Inc. Schedules Fourth Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast
Neutral
Business Wire
3 days ago
Core Scientific Announces Expansion into Auburn, Alabama with New High-Performance Computing Facility
AUBURN, Ala.--(BUSINESS WIRE)--Core Scientific Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-performance compute at scale, today announced its expansion into Auburn, Alabama, with a new high-performance computing facility at 1571 W Samford Ave. “Auburn represents an exciting new chapter for Core Scientific as we establish our presence in Alabama,” said Adam Sullivan, Core Scientific CEO. “This facility is expected to play a key role in our.
Core Scientific Announces Expansion into Auburn, Alabama with New High-Performance Computing Facility
Neutral
Business Wire
2 weeks ago
Core Scientific Announces January 2025 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today released unaudited production and operations updates for January 2025. Key Metrics Summary (unaudited) Metric January 2025 December 2024 Self-Mining Bitcoin Earned1 256 291 Hosting Bitcoin Earned by Customers2 17 18 Average Self-Mined Bitcoin Earned/Day 8.3 9.4 Self-Mining Energized Hash rate3 18.5.
Core Scientific Announces January 2025 Production and Operations Updates
Negative
Invezz
3 weeks ago
This Bitcoin miner is down 25% after DeepSeek selloff, but analyst sees rebound ahead
DeepSeek's artificial intelligence announcement triggered a sizable sell-off in bitcoin miners this week. One of the hardest hit among them was Core Scientific Inc. In just the last five days, the Core Scientific stock has slumped down around 25%.
This Bitcoin miner is down 25% after DeepSeek selloff, but analyst sees rebound ahead
Neutral
CNBC Television
3 weeks ago
Bitcoin miners try to rebound from choppy market
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.
Bitcoin miners try to rebound from choppy market
Positive
Seeking Alpha
1 month ago
Core Scientific: Higher Digital Asset Prices And Making Progress On Debt
Core Scientific's strategic pivot to high-performance computing (HPC) has driven significant stock appreciation, despite volatility and challenges in the Bitcoin mining market.
Core Scientific: Higher Digital Asset Prices And Making Progress On Debt
Negative
Investors Business Daily
1 month ago
Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Crypto ETFs rallied as Bitcoin hit a $108,000 milestone in December but have fallen with the digital asset in 2025. The post Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Negative
Investors Business Daily
1 month ago
Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Crypto ETFs rallied as Bitcoin hit a $108,000 milestone in December but have fallen with the digital asset in 2025. The post Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?
Neutral
Business Wire
1 month ago
Core Scientific Announces Strategic Marketing Hire to Accelerate Growth and Brand Leadership
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and digital asset mining, today announced the appointment of Scott Brueggeman as Chief Marketing Officer. With over 20 years of experience in digital infrastructure and technology businesses, Brueggeman will play a pivotal role in strengthening the company's brand presence, driving growth, and expanding market opportunities.
Core Scientific Announces Strategic Marketing Hire to Accelerate Growth and Brand Leadership
Neutral
Business Wire
1 month ago
Core Scientific Announces December 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or “the Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today released unaudited production and operations updates for December 2024. Key Metrics Summary (unaudited) Metric   December 2024   November 2024 Self-Mining Bitcoin Earned1   291   314 Hosting Bitcoin Earned by Customers2   18   29 Average Self-Mined Bitcoin Earned/Day   9.4   10.5 Self-Mining Energiz.
Core Scientific Announces December 2024 Production and Operations Updates
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