Core Scientific, Inc. (CORZ)
| Market Cap | 4.95B -8.1% |
| Revenue (ttm) | 440.31M +26.4% |
| Net Income | -1.63B |
| EPS | -5.07 |
| Shares Out | 321.34M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,976,027 |
| Open | 15.58 |
| Previous Close | 15.36 |
| Day's Range | 15.09 - 15.66 |
| 52-Week Range | 13.36 - 30.46 |
| Beta | 5.48 |
| Analysts | Strong Buy |
| Price Target | 33.05 (+114.47%) |
| Est. Earnings | Oct 23, 2026 |
About CORZ
Core Scientific, Inc. provides infrastructure for high-density colocation services and digital asset mining in the United States. It operates through three segments: Colocation, Digital Asset Self-Mining, and Digital Asset Hosted Mining. The company offers space, power, cooling, facilities operations, security, and other services to third-party customers to support workloads for machine learning and artificial intelligence; deployment, monitoring, troubleshooting, optimization, and maintenance of its customers’ digital asset mining equipment; a... [Read more]
Financial Performance
In 2025, Core Scientific's revenue was $319.02 million, a decrease of -37.53% compared to the previous year's $510.67 million. Losses were -$280.74 million, -77.46% less than in 2024.
Financial StatementsAnalyst Summary
According to 22 analysts, the average rating for CORZ stock is "Strong Buy." The 12-month stock price target is $33.05, which is an increase of 114.47% from the latest price.
News
Bitcoin Miners Trade Rigs for AI as Power Becomes the Prize
It cost bitcoin miners an average of about $75,500 in cash to produce one coin in the second quarter. Meanwhile, bitcoin itself ended June at $58,400, less than half its October 2025 record high.
Crypto ETFs: Resilience Defines a Changing Market
Crypto ETFs have remained resilient in 2026 despite higher rates and legislative roadblocks. With bitcoin prices back near $85,000, bitcoin ETFs (and the broader crypto ETF universe) have been back on...
Core Scientific initiated with a Buy at Jones
Jones initiated coverage of Core Scientific (CORZ) with a Buy rating and $25 price target
Core Scientific appoints Jay Elms as CCO
Core Scientific (CORZ) announced that Jay Elms has joined the Company’s executive team as Chief Commercial Officer. In this role, Elms will be responsible for growing customer relationships and overse...
Core Scientific Appoints Jay Elms as Chief Commercial Officer
MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that Jay Elms...
Core Scientific initiated with a Buy at UBS
UBS initiated coverage of Core Scientific (CORZ) with a Buy rating and $24 price target The firm expects delivery of AMD-backed capacity to diversify and improve the risk profile of…
Core Scientific initiated with a Neutral at Rothschild & Co Redburn
Rothschild & Co Redburn initiated coverage of Core Scientific (CORZ) with a Neutral rating and $16 price target While the equity narrative across the generative AI infrastructure “remains firmly bulli...
Core Scientific initiated with an Overweight at Wells Fargo
Wells Fargo analyst Eric Luebchow initiated coverage of Core Scientific (CORZ) with an Overweight rating and $28 price target The firm views the company as the industry-leader in converting announced…
Bitcoin and crypto stocks remain down after US senate fails to advance regulatory bill
Bitcoin and crypto-related stocks remained lower on Tuesday after the U.S. Senate failed to advance comprehensive cryptocurrency legislation in a major blow for digital asset companies and Re...
Core Scientific Transcript: H.C. Wainwright 28th Annual Global Investment Conference
AI infrastructure investment is accelerating, with Bitcoin miners leveraging power assets to transition into data center developers. Multi-billion dollar deals, innovative financing, and retrofits are driving rapid growth, while panelists see persistent demand and reject the idea of a bubble.
Core Scientific Secures $600 Million of Senior Secured Credit Facilities
MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that it has e...
Core Scientific Completes Acquisition of Polaris DS, Advancing Planned Muskogee Expansion to 1.5 GW of Gross Power
MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that it has c...
Core Scientific Appoints Mark Adams to Board of Directors
MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced the appointme...
Why Core Scientific's Partnership With AMD Outweighs a Wider-Than-Expected Loss
Core Scientific announces a partnership with AMD for 2.5 gigawatts of data-center capacity which could bring more than $14 billion in contracted revenue.
Core Scientific Earnings Call Transcript: Q2 2026
Announced a landmark 15-year, $14B+ partnership with AMD for 530 MW of data center capacity, expanding to 2.5 GW. Q2 saw $137M in colocation revenue and 437 MW billable capacity, with strong liquidity and disciplined capital deployment supporting further growth.
Core Scientific Quarterly report: Q2 2026
Core Scientific has published its Q2 2026 quarterly earnings report on July 28, 2026.
Core Scientific Earnings release: Q2 2026
Core Scientific released its Q2 2026 earnings on July 28, 2026, summarizing the period's financial results.
Core Scientific Slides: Q2 2026
Core Scientific has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 28, 2026.
Core Scientific signs AI infrastructure deal with AMD
Core Scientific signed a deal with AMD , under which the chip firm will secure up to 2.5 gigawatts of data center capacity to support customer deployments of its AI systems, the companie...
Core Scientific Announces Second Quarter 2026 Results
MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services (“HDC”), today announced financial results for the second quarter ...
Core Scientific and AMD Announce Infrastructure Partnership
MIAMI & SANTA CLARA, Calif.--(BUSINESS WIRE)--Core Scientific (NASDAQ: CORZ) and AMD (NASDAQ: AMD) today announced a partnership to shape the future of AI infrastructure, with AMD to secure up to 2.5 ...
Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast
Bitcoin prices fell this week after cryptocurrency treasury company Strategy revealed it sold a small amount of its bitcoin holding. Traders on prediction market Kalshi think it's likely that the cryp...
Core Scientific Transcript: TD Cowen's 54th Annual Technology, Media & Telecom Conference
Expansion is centered on five new sites with aggressive land and power acquisition, adapting to evolving hyperscaler and neocloud requirements. Rising labor costs and supply chain constraints are impacting build costs, while proactive design and credit strategies aim to secure long-term contracts and position for industry consolidation.