Core Scientific, Inc. (CORZ)
NASDAQ: CORZ · IEX Real-Time Price · USD
3.480
+0.020 (0.58%)
At close: Apr 26, 2024, 4:00 PM
3.400
-0.080 (-2.30%)
After-hours: Apr 26, 2024, 4:10 PM EDT
Core Scientific Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Core Scientific stock have an average target of 6.75, with a low estimate of 5.00 and a high estimate of 8.50. The average target predicts an increase of 93.97% from the current stock price of 3.48.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 2024.
Analyst Ratings
The average analyst rating for CORZ stock from 2 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +43.68% | Mar 13, 2024 |
| Compass Point | Compass Point | Hold → Strong Buy Upgrades $1 → $8.5 | Hold → Strong Buy | Upgrades | $1 → $8.5 | +144.25% | Jan 31, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Hold → Strong Buy Upgrades $5 | Hold → Strong Buy | Upgrades | $5 | +43.68% | Jan 25, 2024 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $2.25 → $0.25 | Strong Buy → Hold | Downgrades | $2.25 → $0.25 | -92.82% | Nov 1, 2022 |
| Barclays | Barclays | Buy Maintains $3 → $0.25 | Buy | Maintains | $3 → $0.25 | -92.82% | Oct 28, 2022 |
Financial Forecast
Revenue This Year
613.67M
from 502.40M
Increased by 22.15%
Revenue Next Year
n/a
from 613.67M
EPS This Year
-0.01
from -0.65
EPS Next Year
n/a
from -0.01
Revenue Forecast
| Revenue | 2024 |
|---|---|
| High | 631.7M |
| Avg | 613.7M |
| Low | 589.6M |
Revenue Growth
| Revenue Growth | 2024 |
|---|---|
| High | 25.7% |
| Avg | 22.1% |
| Low | 17.4% |
EPS Forecast
| EPS | 2024 |
|---|---|
| High | 0.04 |
| Avg | -0.01 |
| Low | -0.06 |
EPS Growth
| EPS Growth | 2024 |
|---|---|
| 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.