Core Scientific, Inc. (CORZ)
NASDAQ: CORZ · Real-Time Price · USD
16.47
+0.87 (5.58%)
At close: Nov 19, 2024, 4:00 PM
16.60
+0.13 (0.79%)
After-hours: Nov 19, 2024, 7:56 PM EST

Core Scientific Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Core Scientific stock have an average target of 18.58, with a low estimate of 14.5 and a high estimate of 25.5. The average target predicts an increase of 12.81% from the current stock price of 16.47.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $14.5 $18.58 $19 $25.5
Change -11.96% +12.81% +15.36% +54.83%

Analyst Ratings

The average analyst rating for CORZ stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 355789
Buy 022333
Hold 000000
Sell 000000
Strong Sell 000000
Total 377101112

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BTIG
BTIG
Strong Buy
Maintains
$15$19
Strong Buy Maintains $15$19 +15.36% Nov 15, 2024
Roth MKM
Roth MKM
Strong Buy
Initiates
$26
Strong Buy Initiates $26 +54.83% Nov 15, 2024
Macquarie
Macquarie
Buy
Maintains
$16$19
Buy Maintains $16$19 +15.36% Nov 14, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$16$17
Strong Buy Maintains $16$17 +3.22% Nov 7, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$17
Strong Buy Maintains $17 +3.22% Nov 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
544.99M
from 502.40M
Increased by 8.48%
Revenue Next Year
679.68M
from 544.99M
Increased by 24.71%
EPS This Year
-3.21
from -0.65
EPS Next Year
0.35
from -3.21
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
59.52M60.32M544.48M640.31M502.40M544.99M679.68M845.00M
Revenue Growth
-1.34%802.66%17.60%-21.54%8.48%24.71%24.32%
EPS
-0.12-0.140.20-6.30-0.65-3.210.350.58
EPS Growth
-------65.91%
Forward PE
------47.0528.36
No. Analysts -----12127
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 642.4M 1.2B 1.2B
Avg 545.0M 679.7M 845.0M
Low 497.2M 457.0M 545.9M

Revenue Growth

Revenue Growth 202420252026
High
27.9%
118.2%
82.3%
Avg
8.5%
24.7%
24.3%
Low
-1.0%
-16.2%
-19.7%

EPS Forecast

EPS 202420252026
High -1.70 1.48 1.42
Avg -3.21 0.35 0.58
Low -3.87 -0.08 0.14

EPS Growth

EPS Growth 202420252026
High - -
304.9%
Avg - -
65.9%
Low - -
-60.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.