CORZ icon

Core Scientific

6.92 USD
+0.53
8.29%
At close Apr 22, 4:00 PM EDT
After hours
7.12
+0.20
2.89%
1 day
8.29%
5 days
-3.35%
1 month
-25.67%
3 months
-56.67%
6 months
-49.56%
Year to date
-52.21%
1 year
111.62%
5 years
101.16%
10 years
101.16%
 

About: Core Scientific Inc is engaged in designing, building and operating digital infrastructure for high-performance computing. The business operates in three operating segments; Digital Asset Self-Mining, consisting of performing digital asset mining for the own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and HPC Hosting, consisting of providing hosting services to third parties for graphics processing unit (GPU) based HPC hosting operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment.

Employees: 325

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

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

134% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 47

105% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 55

97% more call options, than puts

Call options by funds: $485M | Put options by funds: $246M

63% more capital invested

Capital invested by funds: $2.05B [Q3] → $3.34B (+$1.28B) [Q4]

25% more funds holding in top 10

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

25% more funds holding

Funds holding: 247 [Q3] → 308 (+61) [Q4]

18.66% more ownership

Funds ownership: 66.31% [Q3] → 84.97% (+18.66%) [Q4]

Research analyst outlook

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

Low target
$17
146%
upside
Avg. target
$18.40
166%
upside
High target
$21
203%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
Canaccord Genuity
Joseph Vafi
14% 1-year accuracy
11 / 79 met price target
146%upside
$17
Buy
Maintained
12 Mar 2025
HC Wainwright & Co.
Kevin Dede
18% 1-year accuracy
10 / 57 met price target
146%upside
$17
Buy
Reiterated
11 Mar 2025
Cantor Fitzgerald
Brett Knoblauch
14% 1-year accuracy
11 / 77 met price target
203%upside
$21
Overweight
Maintained
27 Feb 2025
Needham
John Todaro
13% 1-year accuracy
9 / 70 met price target
146%upside
$17
Buy
Maintained
27 Feb 2025
Compass Point
Joe Flynn
0% 1-year accuracy
0 / 4 met price target
189%upside
$20
Buy
Maintained
25 Feb 2025

Financial journalist opinion

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

Neutral
Zacks Investment Research
1 week ago
APLD vs. CORZ: Which Crypto-AI Infrastructure Stock Should You Bet On?
Both Applied Digital and Core Scientific are diversifying their business from crypto-mining to high-performance computing.
APLD vs. CORZ: Which Crypto-AI Infrastructure Stock Should You Bet On?
Neutral
Business Wire
2 weeks ago
Core Scientific Announces March 2025 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ--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 March 2025. Key Metrics Summary (unaudited) Metric March 2025 February 2025 Self-Mining Bitcoin Earned1 247 215 Hosting Bitcoin Earned by Customers2 17 16 Average Self-Mined Bitcoin Earned/Day 8.0 7.7 Self-Mining Energized Hash rate3 18.1 18.4.
Core Scientific Announces March 2025 Production and Operations Updates
Positive
Zacks Investment Research
2 weeks ago
Core Scientific, Inc. (CORZ) Surges 5.3%: Is This an Indication of Further Gains?
Core Scientific, Inc. (CORZ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Core Scientific, Inc. (CORZ) Surges 5.3%: Is This an Indication of Further Gains?
Negative
PYMNTS
3 weeks ago
Cryptocurrencies and Crypto-Linked Stocks Slump Amid Traders' Concerns About Economy
Cryptocurrencies and crypto-linked stocks have reportedly slumped alongside the S&P 500 Index amid traders' concerns about a global trade war and a possible recession. Bitcoin has lost more than 10% of its value and Ether has lost more than 45% since the beginning of the quarter, Bloomberg reported Monday (March 31).
Cryptocurrencies and Crypto-Linked Stocks Slump Amid Traders' Concerns About Economy
Neutral
GlobeNewsWire
4 weeks ago
Chain Reaction's Disruptive ASIC Technologies Enable Innovations with Industry-Leading Customers and Partners for Next-Generation Bitcoin Mining
SAN JOSE, Calif., March 24, 2025 (GLOBE NEWSWIRE) --  Chain Reaction, a semiconductor leader in next-generation Bitcoin mining and privacy-enhancing technology for encrypted AI computing, announces the launch of its 3nm EL3CTRUM A31 ASIC targeting sub-10 J/TH for high-efficiency operation. The product sets a new benchmark for modularity and customizability in large-scale Bitcoin mining.
Chain Reaction's Disruptive ASIC Technologies Enable Innovations with Industry-Leading Customers and Partners for Next-Generation Bitcoin Mining
Positive
Investors Business Daily
1 month ago
Cryptocurrency Prices And News: Bitcoin, Miners Rebound On Fed Meeting
Catch up on the latest cryptocurrency prices and news. The post Cryptocurrency Prices And News: Bitcoin, Miners Rebound On Fed Meeting appeared first on Investor's Business Daily.
Cryptocurrency Prices And News: Bitcoin, Miners Rebound On Fed Meeting
Neutral
Seeking Alpha
1 month ago
The AI Awakening Of Core Scientific
Core Scientific's pivot from bitcoin mining to AI infrastructure, securing $10.2 billion in long-term contracts, offers a stable revenue stream and significant growth potential. The recent stock price decline due to speculative concerns presents a compelling investment opportunity, with a conservative valuation indicating a 64% upside. CoreWeave's $12 billion contract with OpenAI reaffirms strong demand for AI infrastructure, mitigating fears over Microsoft's commitment and reinforcing CORZ's business model.
The AI Awakening Of Core Scientific
Negative
Benzinga
1 month ago
Bitcoin Miners Hit Rock Bottom? Valuations Slip Below Key Average For First Time In A Year
Bitcoin BTC/USD mining stocks just hit a rough patch. According to JPMorgan analyst Reginald L.
Bitcoin Miners Hit Rock Bottom? Valuations Slip Below Key Average For First Time In A Year
Neutral
Seeking Alpha
1 month ago
DeepSeek, Market Volatility, False Rumor Create Opportunity In Core Scientific
Core Scientific shares are undervalued due to market volatility and false rumors about Microsoft canceling leases with CoreWeave, presenting a significant investment opportunity. CORZ has $10.2B in future contracted revenue with high margins and management expects critical IT load to more than double by 2028. Positive developments include issuing $1B in convertible notes, completing significant contracts, and insider buying, indicating confidence in the company's future.
DeepSeek, Market Volatility, False Rumor Create Opportunity In Core Scientific
Neutral
Business Wire
1 month ago
Core Scientific Announces February 2025 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ--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 February 2025. Key Metrics Summary (unaudited) Metric February 2025 January 2025 Self-Mining Bitcoin Earned1 215 256 Hosting Bitcoin Earned by Customers2 16 17 Average Self-Mined Bitcoin Earned/Day 7.7 8.3 Self-Mining Energized Hash rate3 18.4.
Core Scientific Announces February 2025 Production and Operations Updates
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