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 7,296 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
264% more call options, than puts
Call options by funds: $469M | Put options by funds: $129M
56% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 79
35% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 68
6% more funds holding
Funds holding: 309 [Q4 2024] → 326 (+17) [Q1 2025]
8.47% less ownership
Funds ownership: 84.98% [Q4 2024] → 76.51% (-8.47%) [Q1 2025]
32% less funds holding in top 10
Funds holding in top 10: 25 [Q4 2024] → 17 (-8) [Q1 2025]
49% less capital invested
Capital invested by funds: $3.34B [Q4 2024] → $1.71B (-$1.62B) [Q1 2025]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
26%
upside
Avg. target
$16.25
37%
upside
High target
$18
51%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Needham John Todaro | 51%upside $18 | Buy Maintained | 10 Jun 2025 |
JMP Securities Greg Miller | 26%upside $15 | Market Outperform Initiated | 22 May 2025 |
Oppenheimer Timothy Horan | 26%upside $15 | Outperform Initiated | 14 May 2025 |
Canaccord Genuity Joseph Vafi | 43%upside $17 | Buy Maintained | 9 May 2025 |
Financial journalist opinion
Based on 4 articles about CORZ published over the past 30 days
Neutral
Seeking Alpha
2 weeks ago
From Mining To Megawatts -- Core Scientific's High-Density Strategy Unfolds
Core Scientific is executing a successful transition from Bitcoin mining to high-density AI colocation infrastructure. Take-or-pay agreements confirmed, eliminating concerns about cancellation risk or dependency on fluctuating AI demand. Enterprise AI demand emerging as a major growth driver; pipeline includes 50–100MW prospects beyond CoreWeave.
Positive
Investors Business Daily
2 weeks ago
Bitcoin Miners Finally Join Bitcoin Rally; Analyst Eyes $145,000
Bitcoin miners finally join bitcoin's rally after notching a record last week. What is driving the recent surge?
Neutral
Business Wire
2 weeks ago
Core Scientific, Inc. to Participate in the TD Cowen 53rd Annual Technology, Media & Telecom Conference
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ), a leader in digital infrastructure for high-density colocation and bitcoin mining, today announced that CEO Adam Sullivan will present at the TD Cowen 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29th, at 9:40 a.m. ET. A live webcast of the presentation can be accessed by visiting the Investors section of the Core Scientific website. A replay of the webcast will be available for 90 days. About Core.
Neutral
Business Wire
4 weeks ago
Core Scientific Appoints Elizabeth Crain to Board of Directors
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 the appointment of Elizabeth Crain to its Board of Directors, effective immediately. Ms. Crain will also serve as the Chair of the Company's Audit Committee. Ms. Crain brings over 30 years of experience in investment banking, private equity, and executive leadership. She is a Co-Founder and former Chief Operating.
Neutral
Zacks Investment Research
1 month 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 month 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 month 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 month 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 month 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
1 month 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.
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