Core Scientific, Inc. (CORZ)

NASDAQ: CORZ · Real-Time Price · USD
10.65
-0.04 (-0.37%)
At close: May 30, 2025, 4:00 PM
10.62
-0.03 (-0.28%)
After-hours: May 30, 2025, 7:59 PM EDT
-0.37%
Market Cap 3.17B
Revenue (ttm) 410.91M
Net Income (ttm) -879.79M
Shares Out 297.82M
EPS (ttm) -3.20
PE Ratio n/a
Forward PE 11.67
Dividend n/a
Ex-Dividend Date n/a
Volume 19,612,795
Open 10.64
Previous Close 10.69
Day's Range 10.46 - 10.88
52-Week Range 4.46 - 18.63
Beta n/a
Analysts Strong Buy
Price Target 18.56 (+74.27%)
Earnings Date May 7, 2025

About CORZ

Core Scientific, Inc. provides digital asset mining services in the United States. It operates through three segments: Digital Asset Self-Mining; Digital Asset Hosted Mining; and HPC Hosting. The company offers digital infrastructure, software solutions, and services; and operates licensing data center space facilities. It also deploys and operates own large fleet of miners within owned digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks; and provides hosting services for digi... [Read more]

Sector Technology
Founded 2017
Employees 325
Stock Exchange NASDAQ
Ticker Symbol CORZ
Full Company Profile

Financial Performance

In 2024, Core Scientific's revenue was $510.67 million, an increase of 1.65% compared to the previous year's $502.40 million. Losses were -$1.12 billion, 355.4% more than in 2023.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for CORZ stock is "Strong Buy." The 12-month stock price forecast is $18.56, which is an increase of 74.27% from the latest price.

Price Target
$18.56
(74.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

From Mining To Megawatts -- Core Scientific's High-Density Strategy Unfolds

Core Scientific is executing a successful transition from Bitcoin mining to high-density AI colocation infrastructure. Take-or-pay agreements confirmed, eliminating concerns about cancellation risk or...

2 days ago - Seeking Alpha

Core Scientific, Inc. to Participate in the TD Cowen 53rd Annual Technology, Media & Telecom Conference

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ), a leader in digital infrastructure for high-density colocation and bitcoin mining, today announced that CEO Adam Sullivan will pre...

4 days ago - Business Wire

Core Scientific Appoints Elizabeth Crain to Board of Directors

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced the appointment ...

15 days ago - Business Wire

Core Scientific Announces Departure of Board Member Todd Becker

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced that Todd Becker...

18 days ago - Business Wire

Core Scientific, Inc. (CORZ) Q1 2025 Earnings Call Transcript

Core Scientific, Inc. (NASDAQ:CORZ) Q1 2025 Results Conference Call May 7, 2025 4:30 PM ET Company Participants Jon Charbonneau - Vice President, Investor Relations Adam Sullivan - CEO, President & D...

24 days ago - Seeking Alpha

Core Scientific Announces Fiscal First Quarter 2025 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #CORZ--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced ...

24 days ago - Business Wire

Core Scientific, Inc. Schedules First Quarter Fiscal Year 2025 Earnings Release, Conference Call and Webcast

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #CORZ--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and bitcoin...

5 weeks ago - Business Wire

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 minin...

7 weeks ago - Business Wire

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% o...

Other symbols: COINRIOT
2 months ago - PYMNTS

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 th...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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.

Other symbols: ARBKBITFCIFRCLSKHUT
2 months ago - Benzinga

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 fu...

2 months ago - Seeking Alpha

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 minin...

3 months ago - Business Wire

Core Scientific Announces Planned CFO Transition

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ--Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-performance computing (HPC), today anno...

3 months ago - Business Wire

Core Scientific, Inc. (CORZ) Q4 2024 Earnings Call Transcript

Core Scientific, Inc. (NASDAQ:CORZ) Q4 2024 Earnings Call Transcript February 26, 2025 4:30 PM ET Company Participants Jon Charbonneau - Vice President, Investor Relations Adam Sullivan - CEO, Presid...

3 months ago - Seeking Alpha

Core Scientific and CoreWeave Announce $1.2 Billion Expansion at Denton, TX Site

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ--Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-performance computing (HPC) at scale, t...

3 months ago - Business Wire

Core Scientific Announces Fiscal Fourth Quarter and Full Fiscal Year 2024 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for bitcoin mining and HPC, today announced financial results for the fiscal fourth q...

3 months ago - Business Wire

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 a...

3 months ago - Business Wire

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 e...

3 months ago - Business Wire

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 r...

4 months ago - Business Wire

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 Cor...

4 months ago - Invezz

Bitcoin miners try to rebound from choppy market

CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.

Other symbols: BTDRCLSKIRENMARA
4 months ago - CNBC Television

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.

4 months ago - Seeking Alpha

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, t...

5 months ago - Business Wire