Core Scientific, Inc. (CORZ)

NASDAQ: CORZ · IEX Real-Time Price · USD
3.100
+0.220 (7.64%)
At close: Apr 19, 2024, 4:00 PM
3.108
+0.008 (0.26%)
After-hours: Apr 19, 2024, 4:02 PM EDT
7.64%
Market Cap 511.50M
Revenue (ttm) 502.40M
Net Income (ttm) -246.49M
Shares Out 379.86M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,701,448
Open 2.930
Previous Close 2.880
Day's Range 2.860 - 3.100
52-Week Range 2.610 - 6.100
Beta n/a
Analysts Strong Buy
Price Target 6.75 (+117.74%)
Earnings Date May 11, 2024

About CORZ

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. In addition, the company provides electrical ... [Read more]

Sector Technology
Founded 2017
Employees 286
Stock Exchange NASDAQ
Ticker Symbol CORZ
Full Company Profile

Financial Performance

In 2023, CORZ's revenue was $502.40 million, a decrease of -21.54% compared to the previous year's $640.31 million. Losses were -$246.49 million, -88.52% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CORZ stock is "Strong Buy." The 12-month stock price forecast is $6.75, which is an increase of 117.74% from the latest price.

Price Target
$6.75
(117.74% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Core Scientific to Expand its Denton, Texas Bitcoin Mining Data Center by 72 Megawatts

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific to Expand its Denton, Texas Bitcoin Mining Data Center by 72 Megawatts.

3 days ago - Business Wire

Core Scientific Files Registration Statement for Shares Held by Existing Shareholders

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific Files Registration Statement for Shares Held by Existing Shareholders.

4 days ago - Business Wire

Core Scientific Announces March 2024 Production and Operations Updates

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces March 2024 Production and Operations Updates.

14 days ago - Business Wire

Core Scientific Announces Fiscal Fourth Quarter and Full Fiscal Year 2023 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #ai--Core Scientific Announces Fiscal Fourth Quarter and Full Fiscal Year 2023 Results.

5 weeks ago - Business Wire

Core Scientific to Provide CoreWeave up to 16 MW of Data Center Infrastructure to Support AI and HPC Workloads in Long Term Hosting Contract with Potential Revenue of More than $100 Million

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #AmazonWebServices--Core Scientific to Provide CoreWeave up to 16 MW of Data Center Infrastructure to Support AI and HPC in Long Term Hosting Contract.

6 weeks ago - Business Wire

Trinity Capital Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Record Quarterly Net Investment Income of $25.1 Million in Q4 Record Annual Net Investment Income of $89.9 Million in 2023 Return on Average Equity Hits 16.9% in Q4 PHOENIX, March 6, 2024 /PRNewswire/...

Other symbols: TRIN
6 weeks ago - PRNewsWire

Core Scientific, Inc. Schedules Full Fiscal Year 2023 Earnings Release, Conference Call and Webcast

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific, Inc. Schedules Full Fiscal Year 2023 Earnings Release, Conference Call and Webcast.

6 weeks ago - Business Wire

Core Scientific Announces February 2024 Production and Operations Updates

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific Announces February 2024 Production and Operations Updates.

6 weeks ago - Business Wire

Core Scientific Announces January 2024 Production and Operations Updates

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific Announces January 2024 Production and Operations Updates.

2 months ago - Business Wire

Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #bitcoin--Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position.

3 months ago - Business Wire

CORZ SHAREHOLDER ALERT: Jakubowitz Law Reminds Core Scientific Shareholders of a Lead Plaintiff Deadline of January 13, 2023

NEW YORK , Jan. 13, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Core Scientific, Inc. (NASDAQ: CORZ). To recei...

1 year ago - PRNewsWire

CORZ LAWSUIT ALERT: Levi & Korsinsky Notifies Core Scientific, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , Jan. 12, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Core Scientific, Inc. ("Core Scientific" or the "Company") (NASDAQ: CORZ) of a class action securities lawsuit. CLA...

1 year ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Core Scientific, Inc. - CORZ

NEW YORK , Jan. 12, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Core Scientific, Inc. ("Core" or the "Company") (NASDAQ: CORZ).  Such investors are advised to ...

1 year ago - PRNewsWire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Core Scientific, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 13, 2023 - (NASDAQ: CORZ)

NEW YORK , Jan. 11, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Core Scientific, Inc.. Shareholders who purchased shares of CORZ during the class period list...

1 year ago - PRNewsWire

CORZ Investors Have Opportunity to Lead Core Scientific, Inc. Securities Fraud Lawsuit

LOS ANGELES , Jan. 10, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against...

1 year ago - PRNewsWire

FRIDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - January 10, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Core Scientifi...

1 year ago - Newsfile Corp

CORZ ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of January 13, 2023 in the Class Action Filed on Behalf of Core Scientific, Inc. Shareholders

NEW YORK , Jan. 10, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Core Scientific, Inc. (NASDAQ: CORZ) alleging that the C...

1 year ago - PRNewsWire

Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed on Behalf of Core Scientific, Inc. (CORZ) Investors and Encourages Investors to Contact the Firm Before January 13, 2022

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Western District of Texas on behalf of those wh...

1 year ago - Business Wire

Core Scientific Announces November and December 2022 Updates

AUSTIN, Texas--(BUSINESS WIRE)-- Core Scientific, Inc. (OTC: CORZQ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today...

1 year ago - Business Wire

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Core Scientific Investors of a Lead Plaintiff Deadline of January 13, 2023

NEW YORK , Jan. 9, 2023 /PRNewswire/ -- Attention Core Scientific, Inc. ("Core Scientific") (NASDAQ: CORZ) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commen...

1 year ago - PRNewsWire

Core Scientific Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 13, 2023 to Discuss Your Rights - CORZ

New York, New York--(Newsfile Corp. - January 6, 2023) - Levi & Korsinsky, LLP notifies investors in Core Scientific, Inc. ("Core Scientific" or the "Company") (NASDAQ: CORZ) of a class action securit...

1 year ago - Newsfile Corp

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - January 5, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Core Scientific...

1 year ago - Newsfile Corp

CORE SCIENTIFIC, INC. (NASDAQ: CORZ) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Core Scientific, Inc. (NASDAQ: CORZ)

Did you lose money on investments in Core Scientific?  If so, please visit Core Scientific, Inc. Shareholder Class Action Lawsuit or contact  Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com t...

1 year ago - PRNewsWire

CORE SCIENTIFIC, INC. (CORZ) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Core Scientific, Inc. (CORZ)

Did you lose money on investments in Core Scientific? If so, please visit Core Scientific, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to ...

1 year ago - Newsfile Corp

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - January 4, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Core Scientific...

1 year ago - Newsfile Corp