Core Scientific, Inc. (CORZ)
Market Cap | 1.82B |
Revenue (ttm) | 561.04M |
Net Income (ttm) | -35.41M |
Shares Out | 177.78M |
EPS (ttm) | 0.13 |
PE Ratio | 78.92 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 14,266,527 |
Open | 9.79 |
Previous Close | 9.85 |
Day's Range | 9.65 - 10.50 |
52-Week Range | 2.61 - 10.70 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 12.25 (+19.4%) |
Earnings Date | Aug 13, 2024 |
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, CORZ'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 4 analysts, the average rating for CORZ stock is "Strong Buy." The 12-month stock price forecast is $12.25, which is an increase of 19.40% from the latest price.
News
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Top Holding in Bitcoin Miners ETFs Grows Infrastructure Deal
A top holding in bitcoin miners ETFs has announced it will provide additional infrastructure to CoreWeave as part of an existing deal. Core Scientific (CORZ) struck a deal with CoreWeave, the AI Hyper...
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Core Scientific Announces New Contract with CoreWeave for Delivery of Approximately 70 MW of Additional Infrastructure to Host High-Performance Computing Operations
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces New Contract with CoreWeave for Approximately 70 MW of Additional HPC Infrastructure.
![](https://cdn.snapi.dev/images/v1/b/i/bitcoin-miner-core-scientifics-2476899.jpg)
Bitcoin Miner Core Scientific's Stock Soars On AI Expansion Plans
Artificial intelligence (AI) is hungry for computing power, and bitcoin miners willing to repurpose their infrastructure stand to profit handsomely.
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Core Scientific, Inc. to Webcast Investor and Analyst Presentation
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific, Inc. to Webcast Investor and Analyst Presentation.
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Bitcoin miner Core Scientific rejects buyout offer from CoreWeave
Bitcoin miner Core Scientific on Thursday rejected an all-cash offer from Nvidia-backed specialized cloud provider CoreWeave, saying that the offer undervalues the company.
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Core Scientific Rejects Unsolicited Proposal from CoreWeave
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Rejects Unsolicited Proposal from CoreWeave.
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Core Scientific Announces May 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces May 2024 Production and Operations Updates.
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Is Core Scientific stock a ‘buy' after $1 billion bid from CoreWeave?
Core Scientific Inc (NASDAQ: CORZ) is up 40% on Tuesday following a report that CoreWeave wants to take over the Bitcoin miner for just over $1.0 billion. Core Scientific stock could climb another 20%...
![](https://cdn.snapi.dev/images/v1/y/l/im-496944size1777777777777778w-2461621.jpg)
Core Scientific's stock pops as company will help hot AI player host Nvidia chips
A company best known for its bitcoin-mining technology is seeing its stock get a huge boost after announcing a deal with a hot private artificial-intelligence company — and there's an Nvidia Corp. lin...
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Core Scientific to Provide Approximately 200 MW of Infrastructure to Host CoreWeave's High-Performance Computing Services, Capturing Significant AI Compute Opportunity
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific to Provide Approximately 200 MW of Infrastructure to Host CoreWeave's High-Performance Computing Services.
Bitcoin miners are shifting to AI
CNBC's Mackenzie Sigalos joins 'Power Lunch' to discuss bitcoin miners getting into AI.
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Core Scientific, Inc. to Participate in 19th Annual Needham Technology, Media, & Consumer Conference
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific, Inc. to Participate in 19th Annual Needham Technology, Media, & Consumer Conference.
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Core Scientific Announces Fiscal First Quarter 2024 Results
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces Fiscal First Quarter 2024 Results.
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Core Scientific Announces April 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces April 2024 Production and Operations Updates.
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Core Scientific, Inc. Schedules First Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific, Inc. Schedules First Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast.
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Core Scientific to Expand its Denton, Texas Bitcoin Mining Data Center by 72 Megawatts
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific to Expand its Denton, Texas Bitcoin Mining Data Center by 72 Megawatts.
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Core Scientific Files Registration Statement for Shares Held by Existing Shareholders
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific Files Registration Statement for Shares Held by Existing Shareholders.
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Core Scientific Announces March 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces March 2024 Production and Operations Updates.
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Core Scientific Announces Fiscal Fourth Quarter and Full Fiscal Year 2023 Results
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #ai--Core Scientific Announces Fiscal Fourth Quarter and Full Fiscal Year 2023 Results.
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Core Scientific to Provide CoreWeave up to 16 MW of Data Center Infrastructure to Support AI and HPC Workloads in Long Term Hosting Contract with Potential Revenue of More than $100 Million
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #AmazonWebServices--Core Scientific to Provide CoreWeave up to 16 MW of Data Center Infrastructure to Support AI and HPC in Long Term Hosting Contract.
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Trinity Capital Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Record Quarterly Net Investment Income of $25.1 Million in Q4 Record Annual Net Investment Income of $89.9 Million in 2023 Return on Average Equity Hits 16.9% in Q4 PHOENIX, March 6, 2024 /PRNewswire/...
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Core Scientific, Inc. Schedules Full Fiscal Year 2023 Earnings Release, Conference Call and Webcast
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific, Inc. Schedules Full Fiscal Year 2023 Earnings Release, Conference Call and Webcast.
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Core Scientific Announces February 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific Announces February 2024 Production and Operations Updates.
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Core Scientific Announces January 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific Announces January 2024 Production and Operations Updates.
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Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position.