Core Scientific, Inc. (CORZ)

NASDAQ: CORZ · Real-Time Price · USD
8.65
-0.66 (-7.09%)
Mar 25, 2025, 4:00 PM EST - Market closed
-7.09%
Market Cap 2.54B
Revenue (ttm) 510.67M
Net Income (ttm) -1.12B
Shares Out 294.12M
EPS (ttm) -4.39
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 10,698,323
Open 9.23
Previous Close 9.31
Day's Range 8.62 - 9.30
52-Week Range 2.61 - 18.63
Beta n/a
Analysts Strong Buy
Price Target 19.14 (+121.27%)
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 15 analysts, the average rating for CORZ stock is "Strong Buy." The 12-month stock price forecast is $19.14, which is an increase of 121.27% from the latest price.

Price Target
$19.14
(121.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day 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...

8 days 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
8 days 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...

16 days 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...

20 days 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...

22 days 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...

27 days 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...

27 days 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...

27 days 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...

4 weeks 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...

4 weeks 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...

6 weeks 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...

7 weeks 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
2 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.

2 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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

Core Scientific CEO on the crypto mining company's AI ambitions

Core Scientific CEO Adam Sullivan discusses the company's AI ambitions.

3 months ago - CNBC Television

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...

3 months ago - Yahoo Finance

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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. ...

Other symbols: RTXSMCI
4 months ago - Schwab Network

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire