Core Scientific, Inc. (CORZ)
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]
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 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.
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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...
Bitcoin miners try to rebound from choppy market
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.

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...