Core Scientific (CORZ)

• Market cap: $2.39B
• 1 day: -2.29%
• 5 days: 13.45%
• 1 month: 11.88%
• 3 months: -33.93%
• 6 months: -41.22%
• Year to date: -44.06%
• 1 year: 176.45%
• 5 years: 135.47%
• 10 years: 135.47%
• Sector: Technology
• Industry: Software - Infrastructure

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

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

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $17 110% upside
• Avg. target: $18.40 127% upside
• High target: $21 159% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Canaccord Genuity Joseph Vafi 24% 1-year accuracy 19 / 79 met price target	110% upside $17	Buy Maintained	12 Mar 2025
HC Wainwright & Co. Kevin Dede 29% 1-year accuracy 17 / 59 met price target	110% upside $17	Buy Reiterated	11 Mar 2025
Cantor Fitzgerald Brett Knoblauch 29% 1-year accuracy 22 / 76 met price target	159% upside $21	Overweight Maintained	27 Feb 2025
Needham John Todaro 32% 1-year accuracy 23 / 71 met price target	110% upside $17	Buy Maintained	27 Feb 2025
Compass Point Joe Flynn 0% 1-year accuracy 0 / 4 met price target	147% upside $20	Buy Maintained	25 Feb 2025