Should I buy or sell Core Scientific stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core Scientific in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CORZ shares. View CORZ analyst ratings or view top-rated stocks .

What is Core Scientific's stock price target for 2024?

2 analysts have issued 1-year price targets for Core Scientific's shares. Their CORZ share price targets range from $5.00 to $8.50. On average, they predict the company's stock price to reach $6.75 in the next year. This suggests a possible upside of 117.7% from the stock's current price. View analysts price targets for CORZ or view top-rated stocks among Wall Street analysts .

How have CORZ shares performed in 2024?

Core Scientific's stock was trading at $1.4501 at the beginning of 2024. Since then, CORZ stock has increased by 113.8% and is now trading at $3.10. View the best growth stocks for 2024 here .

When is Core Scientific's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 11th 2024. View our CORZ earnings forecast .

How were Core Scientific's earnings last quarter?

Core Scientific, Inc. (NASDAQ:CORZ) posted its quarterly earnings results on Tuesday, March, 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by $0.17. The business earned $141.93 million during the quarter, compared to analyst estimates of $133.10 million.

What ETFs hold Core Scientific's stock?

ETFs with the largest weight of Core Scientific (NASDAQ:CORZ) stock in their portfolio include Bitwise Crypto Industry Innovators ETF (BITQ) , Valkyrie Bitcoin Miners ETF (WGMI) , Invesco Alerian Galaxy Crypto Economy ETF (SATO) , Amplify Transformational Data Sharing ETF (BLOK) , iShares Blockchain and Tech ETF (IBLC) and Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) . Bitwise Web3 ETF (BWEB) .

Who are Core Scientific's major shareholders?

Core Scientific's stock is owned by many different institutional and retail investors. Top institutional investors include Fiduciary Alliance LLC (0.00%) and Hexagon Capital Partners LLC (0.01%). Insiders that own company stock include Adam Taylor Sullivan, Darin Feinstein and Eric Stanton Weiss. View institutional ownership trends .

How do I buy shares of Core Scientific?

Shares of CORZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CORZ

Core Scientific (CORZ) Stock Price, News & Analysis

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Free CORZ Stock Alerts

$3.10

+0.22 (+7.64%)

(As of 04/19/2024 ET)

Compare

Today's Range: $2.86
▼
$3.10
50-Day Range: $2.70
▼
$4.04
52-Week Range: $2.61
▼
$6.10

Volume: 2.78 million shs
Average Volume: 2.08 million shs
Market Capitalization: $550.72 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.75

Get Core Scientific alerts:

Core Scientific MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 117.7% Upside
$6.75 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.24
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$245,268 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.73 out of 5 stars

Finance Sector

686th out of 845 stocks

Nondepository Credit Institutions Industry

29th out of 45 stocks

3.5

Analyst's Opinion

Consensus Rating
Core Scientific has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Core Scientific has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CORZ.

0.0

Dividend Strength

Dividend Yield
Core Scientific does not currently pay a dividend.
Dividend Growth
Core Scientific does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CORZ.

1.8

News and Social Media Coverage

News Sentiment
Core Scientific has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Core Scientific this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for CORZ on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Core Scientific to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Core Scientific insiders have bought more of their company's stock than they have sold. Specifically, they have bought $245,268.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
32.00% of the stock of Core Scientific is held by insiders. A high percentage of insider ownership can be a sign of company health.

0.0

Earnings and Valuation

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About Core Scientific Stock (NASDAQ: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 power, repair, and other infrastructure services to operate, maintain, and earn digital assets; and sells mining equipment to customers. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.

CORZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CORZ Stock News Headlines

April 18, 2024 | investing.com

Core Scientific expands Texas data center capacity

April 16, 2024 | businesswire.com

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

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 12, 2024 | americanbankingnews.com

Core Scientific (NASDAQ:CORZ) Stock Price Down 4.2%

April 5, 2024 | baystreet.ca

Core Scientific out with Operations Update

April 5, 2024 | businesswire.com

Core Scientific Announces March 2024 Production and Operations Updates

March 20, 2024 | investing.com

Core Scientific CEO buys $200k in company shares

March 19, 2024 | finance.yahoo.com

Core Scientific Inc (CORZ) CEO Adam Sullivan Acquires 65,300 Shares

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 19, 2024 | finance.yahoo.com

Director Yadin Rozov Acquires 80,000 Shares of Core Scientific Inc (CORZ)

March 16, 2024 | finance.yahoo.com

CORZ Apr 2024 2.500 call

March 15, 2024 | ca.finance.yahoo.com

CORZ Apr 2024 1.000 put

March 12, 2024 | msn.com

Core Scientific GAAP EPS of -$0.51, revenue of $141.93M

March 12, 2024 | businesswire.com

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

March 7, 2024 | finance.yahoo.com

CORZ Mar 2024 3.500 put

March 6, 2024 | msn.com

Core Scientific and CoreWeave announce multi-year agreement

March 6, 2024 | businesswire.com

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

March 5, 2024 | businesswire.com

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

March 5, 2024 | businesswire.com

Core Scientific Announces February 2024 Production and Operations Updates

February 29, 2024 | investorplace.com

Wall Street Favorites: 7 Penny Stocks With Strong Buy Ratings for February 2024

February 24, 2024 | msn.com

Which of Beyoncé’s Cécred haircare line products should you buy?

January 31, 2024 | morningstar.com

Core Scientific Inc CORZ

January 26, 2024 | finanznachrichten.de

SOL GLOBAL INVESTMENTS CORP

January 26, 2024 | finance.yahoo.com

SOL Global Announces Update on Portfolio Companies

January 25, 2024 | money.usnews.com

Core Scientific Inc - Ordinary Shares - New

January 22, 2024 | businesswire.com

Core Scientific, Inc. Releases Webcast and Presentation with Updates on Chapter 11 Emergence

January 18, 2024 | seekingalpha.com

Core Scientific: Gears Up For Bankruptcy Emergence (Rating Upgrade)

See More Headlines

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Company Calendar

Last Earnings: 3/12/2024
Today: 4/19/2024
Next Earnings (Estimated): 6/11/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Nondepository credit institutions
Sub-Industry: N/A
Current Symbol: NASDAQ:CORZ
CUSIP: N/A
CIK: 1839341
Web: www.xpdispac.com
Phone: 312-262-5642
Fax: N/A
Employees: 286
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.75
High Stock Price Target: $8.50
Low Stock Price Target: $5.00
Potential Upside/Downside: +117.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $502.40 million
Price / Sales: 1.10
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 177,650,000
Free Float: 120,804,000
Market Cap: $550.72 million
Optionable: Optionable
Beta: N/A

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Key Executives

Mr. Adam Sullivan (Age 32)
CEO, President & Director
Comp: $1.11M
Ms. Denise Sterling (Age 58)
Executive VP & CFO
Comp: $392.1k
Mr. Todd M. DuChene (Age 60)
Executive VP, Chief Legal and Administrative Officer, Chief Compliance Officer & Secretary
Comp: $492.41k
Mr. Larry Kom
Chief Technology Officer
Mr. Steven A. Gitlin
Senior Vice President of Investor Relations & Marketing
Michael Bros
Executive VP of Corporate Development & Strategy
Sangeeta Campos Puri
Vice President of People Operations
Mr. Jeff Taylor
Senior VP & Chief Information Security Officer
Mr. Russell Cann
Executive Vice President of Client Services
Mr. Aaron Mccreery
Executive Vice President of Technology Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CORZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Core Scientific stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core Scientific in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CORZ shares.
View CORZ analyst ratings or view top-rated stocks.
What is Core Scientific's stock price target for 2024?: 2 analysts have issued 1-year price targets for Core Scientific's shares. Their CORZ share price targets range from $5.00 to $8.50. On average, they predict the company's stock price to reach $6.75 in the next year. This suggests a possible upside of 117.7% from the stock's current price.
View analysts price targets for CORZ or view top-rated stocks among Wall Street analysts.
How have CORZ shares performed in 2024?: Core Scientific's stock was trading at $1.4501 at the beginning of 2024. Since then, CORZ stock has increased by 113.8% and is now trading at $3.10.
View the best growth stocks for 2024 here.
When is Core Scientific's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 11th 2024.
View our CORZ earnings forecast.

How were Core Scientific's earnings last quarter?: Core Scientific, Inc. (NASDAQ:CORZ) posted its quarterly earnings results on Tuesday, March, 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by $0.17. The business earned $141.93 million during the quarter, compared to analyst estimates of $133.10 million.
What ETFs hold Core Scientific's stock?: ETFs with the largest weight of Core Scientific (NASDAQ:CORZ) stock in their portfolio include Bitwise Crypto Industry Innovators ETF (BITQ), Valkyrie Bitcoin Miners ETF (WGMI), Invesco Alerian Galaxy Crypto Economy ETF (SATO), Amplify Transformational Data Sharing ETF (BLOK), iShares Blockchain and Tech ETF (IBLC) and Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC).Bitwise Web3 ETF (BWEB).
Who are Core Scientific's major shareholders?: Core Scientific's stock is owned by many different institutional and retail investors. Top institutional investors include Fiduciary Alliance LLC (0.00%) and Hexagon Capital Partners LLC (0.01%). Insiders that own company stock include Adam Taylor Sullivan, Darin Feinstein and Eric Stanton Weiss.
View institutional ownership trends.
How do I buy shares of Core Scientific?: Shares of CORZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CORZ) was last updated on 4/20/2024 by MarketBeat.com Staff

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Core Scientific (CORZ) Stock Price, News & Analysis

Core Scientific MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Short Interest

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Earnings and Valuation

About Core Scientific Stock (NASDAQ:CORZ)

CORZ Stock Price History

CORZ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CORZ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™