Core Scientific, Inc. (CORZ)
| Market Cap | 3.85B |
| Revenue (ttm) | 410.91M |
| Net Income (ttm) | -879.79M |
| Shares Out | 297.82M |
| EPS (ttm) | -3.20 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,114,698 |
| Open | 13.02 |
| Previous Close | 13.18 |
| Day's Range | 12.94 - 13.20 |
| 52-Week Range | 6.20 - 18.63 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 18.69 (+44.66%) |
| Earnings Date | Aug 6, 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]
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 StatementsAnalyst Summary
According to 16 analysts, the average rating for CORZ stock is "Buy." The 12-month stock price target is $18.69, which is an increase of 44.66% from the latest price.
News
Core Scientific deal reveals cracks in CoreWeave's bull case
Shares of Core Scientific plunged after AI cloud provider CoreWeave announced plans to acquire the data center firm in an all-stock deal, a reaction that defies the typical market response to acquisit...
CORE SCIENTIFIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Core Scientific, Inc. - CORZ
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ...
CoreWeave: Core Scientific Buyout Changes Everything
CoreWeave's buyout cuts $10B+ lease costs and secures 1.3 GW+ of owned high-density AI data center capacity. The merger locks $25B+ in 12-year take-or-pay contracts, including milestone OpenAI and IBM...
CoreWeave CEO on Integrating Core Scientific
CoreWeave CEO Michael Intrator details the purchase of Core Scientific for $9 billion, saying it's part of a strategy to get "to scale" as AI demand growth continues. He joins Caroline Hyde on "Bloomb...
Core Scientific purchase doesn't add any profits to CoreWeave, says D.A. Davidson's Gil Luria
Gil Luria, DA Davidson head of technology research, joins 'Squawk Box' to discuss the latest deal between CoreWeave and Core Scientific, if it's a smart move and much more.
CoreWeave Gets a Downgrade. Why Its Core Scientific Deal Is Causing Concern.
Rather than leasing data centers from Core Scientific, CoreWeave will own them.
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Core Scientific
NEW YORK , July 7, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Core Scientific (NASDAQ: CORZ) and its board of directors concerning the proposed acquis...
CRWV update: CoreWeave $9 billion data deal to buy Core Scientific sends both stocks tumbling
AI cloud computing giant CoreWeave announced on Monday it has signed a deal to acquire Core Scientific, a data center provider, in an all-stock deal valued at $9 billion.
CoreWeave Just Valued Core Scientific Like It's 2021 Again
CoreWeave Inc CRWV just made a big move — but the market didn't applaud. Shares of Core Scientific Inc CORZ plunged nearly 21% on Monday, even as AI cloud provider CoreWeave announced it will acquire ...
CoreWeave, Core Scientific shares fall after firms confirm $9 billion deal: CNBC Crypto World
On today's episode of CNBC Crypto World, major cryptocurrencies trade lower along with stocks as traders weigh the latest developments on the trade front. Plus, AI hyperscaler CoreWeave confirms it wi...
CoreWeave Purchases Core Scientific: The Key Takeaways
Bloomberg's Liana Baker details CoreWeave's $9 billion purchase of Core Scientific to boost its AI goals. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech" to discuss.
CRWV Acquiring CORZ in $9B All-Stock Deal, Debt Offers Headwind
Following recent reports of a merger, CoreWeave (CRWV) has confirmed its acquisition of Core Scientific (CORZ). Both stocks sold off on the headline.
CoreWeave Pays $9 Billion for Bitcoin Miner Core Scientific
CoreWeave is acquiring data center infrastructure provider Core Scientific in a $9 billion deal. [contact-form-7] The artificial intelligence (AI) company announced the deal Monday (July 7), saying it...
CoreWeave acquires data center provider Core Scientific in $9B stock deal
CoreWeave announced Monday that it signed a $9 billion all-stock deal to acquire Core Scientific, a data center infrastructure provider.
Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping
The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific's business and potential.
CoreWeave, Core Scientific Shares Slide on $9B Acquisition Deal
CoreWeave (CRWV) reached an agreement to acquire longtime data center partner Core Scientific (CORZ) in an all-stock deal worth roughly $9 billion, the company said Monday.
CoreWeave to acquire Core Scientific in $9 billion all-stock deal
Artificial intelligence hyperscaler CoreWeave said Monday it will acquire Core Scientific, a leading data center infrastructure provider. It is an all-stock deal valued at approximately $9 billion.
CoreWeave Stock Falls. It's Finally Buying Core Scientific.
CoreWeave leases data center space from Core Scientific and previously tried to acquire the company last year.
CoreWeave to acquire crypto miner Core Scientific
AI data center firm CoreWeave said on Monday it would buy crypto miner Core Scientific in an all-stock deal.
CoreWeave to Acquire Core Scientific
LIVINGSTON, N.J. & AUSTIN, Texas--(BUSINESS WIRE)--CoreWeave (NASDAQ: CRWV), the AI Hyperscaler™, and Core Scientific (NASDAQ: CORZ), a leading data center infrastructure provider, today announced tha...
Core Scientific stock soars 30%: here's why
Core Scientific Inc (NASDAQ: CORZ) soared nearly 30% on Thursday following a WSJ report that CoreWeave Inc (NASDAQ: CRWV) is making another attempt to acquire the bitcoin mining and hosting company.
CoreWeave in talks to buy Core Scientific, WSJ reports
CoreWeave is in talks to buy Core Scientific and a transaction could be finalized in the coming weeks, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
CoreWeave in Talks to Buy Core Scientific
CoreWeave last year tried to acquire Core Scientific for $5.75 a share, which at the time valued the business at north of $1 billion. Core Scientific rejected the proposal as too low.
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...
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...