Core Scientific, Inc. (CORZ)
NASDAQ: CORZ · IEX Real-Time Price · USD
10.39
+0.23 (2.26%)
At close: Jul 19, 2024, 4:00 PM
10.56
+0.17 (1.64%)
Pre-market: Jul 22, 2024, 7:52 AM EDT
Core Scientific Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Core Scientific stock have an average target of 15, with a low estimate of 8.50 and a high estimate of 20. The average target predicts an increase of 44.37% from the current stock price of 10.39.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CORZ stock from 6 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $20 | Buy | Initiates | $20 | +92.49% | Jul 17, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +44.37% | Jul 11, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $11 → $15 | Strong Buy | Maintains | $11 → $15 | +44.37% | Jul 10, 2024 |
| Bernstein | Bernstein | Buy Initiates $17 | Buy | Initiates | $17 | +63.62% | Jul 10, 2024 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +39.56% | Jul 2, 2024 |
Financial Forecast
Revenue This Year
518.87M
from 502.40M
Increased by 3.28%
Revenue Next Year
474.50M
from 518.87M
Decreased by -8.55%
EPS This Year
-0.17
from -0.65
EPS Next Year
-0.22
from -0.17
Revenue Forecast
| Revenue | 2024 | 2026 |
|---|---|---|
| High | 655.1M | 488.5M |
| Avg | 518.9M | 474.5M |
| Low | 404.7M | 455.9M |
Revenue Growth
| Revenue Growth | 2024 | 2026 |
|---|---|---|
| High | 30.4% | -5.9% |
| Avg | 3.3% | -8.6% |
| Low | -19.4% | -12.1% |
EPS Forecast
| EPS | 2024 | 2026 |
|---|---|---|
| High | -0.18 | -0.23 |
| Avg | -0.17 | -0.22 |
| Low | -0.17 | -0.22 |
EPS Growth
| EPS Growth | 2024 | 2026 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
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.