Core Scientific, Inc. (CORZ)
Market Cap | 4.19B |
Revenue (ttm) | 557.68M |
Net Income (ttm) | -1.13B |
Shares Out | 279.25M |
EPS (ttm) | -3.97 |
PE Ratio | n/a |
Forward PE | 34.58 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 8,843,081 |
Open | 14.96 |
Previous Close | 14.63 |
Day's Range | 14.88 - 15.42 |
52-Week Range | 2.61 - 18.63 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 18.67 (+24.47%) |
Earnings Date | Mar 11, 2025 |
About CORZ
Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers’ digital asset mining equipment. In addition, the company provides electrical ... [Read more]
Financial Performance
In 2023, Core Scientific's revenue was $502.40 million, a decrease of -21.54% compared to the previous year's $640.31 million. Losses were -$246.49 million, -88.52% less than in 2022.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for CORZ stock is "Strong Buy." The 12-month stock price forecast is $18.67, which is an increase of 24.47% from the latest price.
News
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 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...
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 r...
Core Scientific CEO on the crypto mining company's AI ambitions
Core Scientific CEO Adam Sullivan discusses the company's AI ambitions.
Core Scientific finds a balance in bitcoin mining and AI: CEO
Some bitcoin (BTC-USD) miners are shifting into artificial intelligence (AI) and selling their existing power to AI data centers as Big Tech companies look for power sources capable of meeting the ene...
Core Scientific Announces November 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 r...
Core Scientific Prices Upsized $550 Million Convertible Senior Notes Offering
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today a...
Core Scientific Announces Proposed Convertible Senior Notes Offering
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today a...
The Big 3: CORZ, SMCI, RTX
Ahead of Nvidia's (NVDA) earnings, today's Big 3 turns to the tech trade. Kenny Polcari and Oliver Renick break down the bullish factors behind Core Scientific (CORZ), Supermicro (SMCI) and RTX Corp. ...
Core Scientific Announces Approval of Lease Amendments with the City of Denton to Enable High-Performance Computing Expansion
DENTON, 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 an...
Core Scientific and Port Muskogee Break Ground on 100 MW HPC Data Center
MUSKOGEE, Okla.--(BUSINESS WIRE)--Core Scientific Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, CoreWe...
Core Scientific, Inc. (CORZ) Q3 2024 Earnings Call Transcript
Core Scientific, Inc. (CORZ) Q3 2024 Earnings Call Transcript
Core Scientific Announces Fiscal Third Quarter 2024 Results
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces Fiscal Third Quarter 2024 Results.
Core Scientific Announces October 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces October 2024 Production and Operations Updates.
Core Scientific, Inc. Schedules Third Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific, Inc. Schedules Third Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast.
Core Scientific Announces Exercise of Final Contract Option by CoreWeave for Delivery of Approximately 120 MW of Additional Digital Infrastructure to Host High-Performance Computing Operations
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces Exercise of Final Contract Option by CoreWeave for 120 MW of Additional Digital Infrastructure to Host HPC.
Core Scientific Announces September 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces September 2024 Production and Operations Updates.
12 Stocks To Profit From The Boom In Data Centers And Artificial Intelligence
Amazon recently announced that it will invest several billions more in UK-based data centers. In the AI server space, Dell Technologies and Super Micro have also benefited from the data center boom, u...
Struggling bitcoin miners may be revived by Fed rate decision, regardless of cut size
Whether the Federal Reserve delivers a 25 or 50 basis point rate cut, it could mean a turnaround for bitcoin miners, which have been struggling so far this year, market participants said.
Core Scientific CEO Adam Sullivan on why the company has embraced AI
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and un...
Core Scientific Focuses on Data Centers After Bankruptcy
Adam Sullivan, CEO of Core Scientific, on the pivot from bitcoin to HPC -------- Get more on the Bloomberg Businessweek Podcast On Apple: http://bit.ly/3IPl60i On Spotify: http://bit.ly/3WGFd6B Anywhe...
Core Scientific CEO on overlap between AI and crypto
Adam Sullivan, Core Scientific CEO, joins 'Fast Money' to talk the crypto space, AI, and the upcoming election.
Core Scientific Announces Extension of CoreWeave Option for 118 Megawatts of Infrastructure to Support High-Performance Computing
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces Extension of CoreWeave Option for 118 Megawatts of Infrastructure to Support High-Performance Computing.
Core Scientific Announces CFO Transition Plan
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces CFO Transition Plan.
Core Scientific Announces August 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces August 2024 Production and Operations Updates.