Core ScientificCORZ
CORZ
About: Core Scientific Inc is engaged in designing, building and operating digital infrastructure for high-performance computing. The business operates in three operating segments; Digital Asset Self-Mining, consisting of performing digital asset mining for the own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and HPC Hosting, consisting of providing hosting services to third parties for graphics processing unit (GPU) based HPC hosting operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment.
Employees: 325
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
134% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 47
105% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 55
97% more call options, than puts
Call options by funds: $485M | Put options by funds: $246M
63% more capital invested
Capital invested by funds: $2.05B [Q3] → $3.34B (+$1.28B) [Q4]
25% more funds holding in top 10
Funds holding in top 10: 20 [Q3] → 25 (+5) [Q4]
25% more funds holding
Funds holding: 247 [Q3] → 308 (+61) [Q4]
18.66% more ownership
Funds ownership: 66.31% [Q3] → 84.97% (+18.66%) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
45%
upside
Avg. target
$17.83
73%
upside
High target
$21
103%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Oppenheimer Timothy Horan 68% 1-year accuracy 13 / 19 met price target | 45%upside $15 | Outperform Initiated | 14 May 2025 |
Canaccord Genuity Joseph Vafi 44% 1-year accuracy 35 / 80 met price target | 65%upside $17 | Buy Maintained | 9 May 2025 |
HC Wainwright & Co. Kevin Dede 37% 1-year accuracy 22 / 60 met price target | 65%upside $17 | Buy Reiterated | 11 Mar 2025 |
Cantor Fitzgerald Brett Knoblauch 39% 1-year accuracy 28 / 72 met price target | 103%upside $21 | Overweight Maintained | 27 Feb 2025 |
Needham John Todaro 42% 1-year accuracy 31 / 73 met price target | 65%upside $17 | Buy Maintained | 27 Feb 2025 |
Financial journalist opinion
Based on 7 articles about CORZ published over the past 30 days
Neutral
Zacks Investment Research
23 hours ago
APLD vs. CORZ: Which AI Data Center Stock Is the Better Buy?
Both Applied Digital and Core Scientific are key players in the rapidly growing digital infrastructure sector, offering scalable solutions for AI and blockchain applications.
Neutral
Business Wire
1 day ago
Core Scientific Announces Departure of Board Member Todd Becker
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced that Todd Becker will be stepping down from its Board of Directors, effective immediately. Mr. Becker joined the Board in January 2024 and has served as Chair of the Audit Committee. During his tenure, he provided critical leadership and oversight as Core Scientific completed two significant capital raises that ma.
Neutral
Seeking Alpha
1 week ago
Core Scientific, Inc. (CORZ) Q1 2025 Earnings Call Transcript
Core Scientific, Inc. (NASDAQ:CORZ ) Q1 2025 Results Conference Call May 7, 2025 4:30 PM ET Company Participants Jon Charbonneau - Vice President, Investor Relations Adam Sullivan - CEO, President & Director Matt Brown - Chief Operating Officer Jim Nygaard - Chief Financial Officer Conference Call Participants Joe Flynn - Compass Point Research Brett Knoblauch - Cantor Fitzgerald Darren Aftahi - Roth MKM Nick Giles - B Riley John Todaro - Needham & Company Kevin Dede - H.C. Wainwright Paul Golding - Macquarie Capital Bill Papanastasiou - Keefe, Bruyette, & Woods Operator Good day, ladies and gentlemen, and welcome to Core Scientific First Quarter Fiscal Year 2025 Earnings Conference Call.
Negative
Zacks Investment Research
1 week ago
Core Scientific, Inc. (CORZ) Reports Q1 Loss, Misses Revenue Estimates
Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $0.19 per share a year ago.
Neutral
Business Wire
1 week ago
Core Scientific Announces Fiscal First Quarter 2025 Results
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #CORZ--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced financial results for the fiscal first quarter of 2025. Net income was $580.7 million, as compared to $210.7 million for the same period in 2024. Total revenue was $79.5 million, as compared to $179.3 million for the same period last year. Operating loss was $42.6 million, as compared to Operating income of $55.2.
Negative
Zacks Investment Research
2 weeks ago
Analysts Estimate Core Scientific, Inc. (CORZ) to Report a Decline in Earnings: What to Look Out for
Core Scientific, Inc. (CORZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
2 weeks ago
Core Scientific, Inc. Schedules First Quarter Fiscal Year 2025 Earnings Release, Conference Call and Webcast
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #CORZ--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today announced it will issue financial results for the Company's fiscal year 2025 first quarter after financial markets close on Wednesday, May 7, 2025. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review r.
Neutral
Zacks Investment Research
1 month ago
APLD vs. CORZ: Which Crypto-AI Infrastructure Stock Should You Bet On?
Both Applied Digital and Core Scientific are diversifying their business from crypto-mining to high-performance computing.
Neutral
Business Wire
1 month ago
Core Scientific Announces March 2025 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today released unaudited production and operations updates for March 2025. Key Metrics Summary (unaudited) Metric March 2025 February 2025 Self-Mining Bitcoin Earned1 247 215 Hosting Bitcoin Earned by Customers2 17 16 Average Self-Mined Bitcoin Earned/Day 8.0 7.7 Self-Mining Energized Hash rate3 18.1 18.4.
Positive
Zacks Investment Research
1 month ago
Core Scientific, Inc. (CORZ) Surges 5.3%: Is This an Indication of Further Gains?
Core Scientific, Inc. (CORZ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
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