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 7,312 funds
0
Analysts bullish %
of 7 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
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
20%
upside
Avg. target
$17.86
43%
upside
High target
$20
60%
upside
7 analyst ratings
3 positive
43%
4 neutral
57%
0 negative
0%
Macquarie Paul Golding | 20%upside $15 | Neutral Downgraded | 10 Jul 2025 |
Needham John Todaro | 44%upside $18 | Hold Downgraded | 10 Jul 2025 |
Roth Capital Darren Aftahi | 60%upside $20 | Neutral Downgraded | 8 Jul 2025 |
BTIG Gregory Lewis | 60%upside $20 | Neutral Downgraded | 7 Jul 2025 |
Canaccord Genuity Joseph Vafi | 36%upside $17 | Buy Maintained | 27 Jun 2025 |
Financial journalist opinion
Based on 35 articles about CORZ published over the past 30 days
Negative
Invezz
2 days ago
Core Scientific deal reveals cracks in CoreWeave's bull case
Shares of Core Scientific plunged after AI cloud provider CoreWeave announced plans to acquire the data center firm in an all-stock deal, a reaction that defies the typical market response to acquisition news. Instead of rallying to reflect the purchase price, Core Scientific stock dropped 25%, closing at $13.
Neutral
GlobeNewsWire
2 days ago
$HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Core Scientific, Inc. (NASDAQ: CORZ)
NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Core Scientific, Inc. (NASDAQ: CORZ ) related to its sale to CoreWeave, Inc. Upon completion of the proposed transaction, each outstanding share of Core Scientific common stock will be converted into the right to receive 0.1235 shares of CoreWeave Class A common stock. Core Scientific shareholders will own less than 10% of the combined company. Is it a fair deal?
Neutral
Business Wire
2 days ago
CORE SCIENTIFIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Core Scientific, Inc. - CORZ
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Core Scientific, Inc. (NasdaqGS: CORZ) to CoreWeave, Inc. (NasdaqGS: CRWV). Under the terms of the proposed transaction, shareholders of Core Scientific will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific that they own. KSF is seeking to d.
Positive
Seeking Alpha
2 days ago
CoreWeave: Core Scientific Buyout Changes Everything
CoreWeave's buyout cuts $10B+ lease costs and secures 1.3 GW+ of owned high-density AI data center capacity. The merger locks $25B+ in 12-year take-or-pay contracts, including milestone OpenAI and IBM deals. CoreWeave's Q1 revenue grew 420% YoY to $981.6M, with $606.1M EBITDA and strong 62% margin expansion.
Neutral
The Motley Fool
2 days ago
What CoreWeave and Core Scientific Stock Investors Should Know About the Recent Acquisition News
In today's video, I discuss recent updates affecting CoreWeave (CRWV -5.27%) and Core Scientific (CORZ -5.70%). To learn more, check out the short video, consider subscribing, and click the special offer link below.
Positive
Bloomberg Technology
3 days ago
CoreWeave CEO on Integrating Core Scientific
CoreWeave CEO Michael Intrator details the purchase of Core Scientific for $9 billion, saying it's part of a strategy to get "to scale" as AI demand growth continues. He joins Caroline Hyde on "Bloomberg Tech" to discuss.
Neutral
GlobeNewsWire
3 days ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CORZ and WNS on Behalf of Shareholders
NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Negative
CNBC Television
3 days ago
Core Scientific purchase doesn't add any profits to CoreWeave, says D.A. Davidson's Gil Luria
Gil Luria, DA Davidson head of technology research, joins 'Squawk Box' to discuss the latest deal between CoreWeave and Core Scientific, if it's a smart move and much more.
Negative
Barrons
3 days ago
CoreWeave Gets a Downgrade. Why Its Core Scientific Deal Is Causing Concern.
Rather than leasing data centers from Core Scientific, CoreWeave will own them.
Neutral
PRNewsWire
4 days ago
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Core Scientific
NEW YORK , July 7, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Core Scientific (NASDAQ: CORZ) and its board of directors concerning the proposed acquisition of the company by CoreWeave (NASDAQ: CRWV). Stockholders will receive 0.1235 shares of CoreWeave common stock for each share of Core Scientific stock that they hold.
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