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CORZ Stock Chart & Stats
$19.85
-$0.14(-0.99%)
At close: 4:00 PM EST
$19.85
-$0.14(-0.99%)
Day’s Range― - ―
52-Week Range$12.42 - $30.46
Previous CloseN/A
Volume3.10M
Average Volume (3M)13.19M
Market Cap
$7.25B
Enterprise Value$10.07B
Total Cash (Recent Filing)$1.01B
Total Debt (Recent Filing)$2.06B
Price to Earnings (P/E)―
Beta2.64
Next Earnings
Aug 06, 2026EPS Estimate
-0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.96
Shares Outstanding317,885,280
10 Day Avg. Volume14,054,418
30 Day Avg. Volume13,187,854
Financial Highlights & Ratios
PEG Ratio0.20
Price to Book (P/B)-4.81
Price to Sales (P/S)14.52
P/FCF Ratio-10.27
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue28.39
Enterprise Value/Gross Profit169.47
Enterprise Value/Ebitda-43.98
Forecast
1Y Price Target
$32.00Price Target Upside61.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)-0.92
Revenue Forecast (FY)$648.29M
Bulls Say, Bears Say
Bulls Say
Recurring Colocation Revenue BaseCore Scientific's billing of ~243 MW (>$350M annualized) demonstrates a durable, contractable colocation revenue stream. Shifting mix from volatile self-mining to recurring colocation improves revenue predictability, supports long-term cash flow visibility, and underpins scalable growth as more megawatts bill.
High Contracted Cash Gross ProfitAn 80–85% cash gross profit target on the large CoreWeave contract indicates very strong unit economics for those leased megawatts. High cash margins on long‑dated, straight‑line lease revenue materially enhance EBITDA conversion and make new capacity monetization more resilient to cyclical pressures.
Secured Long‑dated Project FinancingThe $3.3B secured notes provide durable funding to execute multi‑site expansion and refinance short-term facilities. Notes are asset‑secured and support large capex plans, reducing immediate refinancing risk and enabling the company to convert pre-seeded infrastructure into contracted, recurring colocation cash flows.
Bears Say
Stressed Balance SheetNegative equity and elevated debt materially weaken financial flexibility and raise refinancing and covenant risk over the medium term. High leverage increases sensitivity to project timing; any contract or delivery delays could strain liquidity and heighten the risk that additional capital or concessions are needed.
Very Large Capital Intensity And Negative FCFA ~$2.0B 2026 capex program, combined with TTM negative free cash flow (~-$471M), means sustained heavy reinvestment. This prolongs negative FCF, increases funding dependence, and magnifies the consequences of construction or leasing delays on cash generation and the company's ability to service and reduce leverage.
Execution And Contract Timing RiskExpired exclusivity, labor tightness, and permitting for behind‑the‑meter projects create persistent execution risk. Delays or slower hyperscaler signings reduce contracted revenue ramp, leave capacity idle longer, and increase carrying costs and interest exposure, impairing the pace at which profitable colocation replaces legacy mining cash flows.
Core Scientific Inc News
CORZ FAQ
What was Core Scientific Inc’s price range in the past 12 months?
Core Scientific Inc lowest stock price was $12.42 and its highest was $30.46 in the past 12 months.
What is Core Scientific Inc’s market cap?
Core Scientific Inc’s market cap is $7.25B.
When is Core Scientific Inc’s upcoming earnings report date?
Core Scientific Inc’s upcoming earnings report date is Aug 06, 2026 which is in 29 days.
How were Core Scientific Inc’s earnings last quarter?
Core Scientific Inc released its earnings results on May 06, 2026. The company reported -$1.06 earnings per share for the quarter, missing the consensus estimate of -$0.063 by -$0.997.
Is Core Scientific Inc overvalued?
According to Wall Street analysts Core Scientific Inc’s price is currently Undervalued.
Does Core Scientific Inc pay dividends?
Core Scientific Inc does not currently pay dividends.
What is Core Scientific Inc’s EPS estimate?
Core Scientific Inc’s EPS estimate is -0.06.
How many shares outstanding does Core Scientific Inc have?
Core Scientific Inc has 317,885,280 shares outstanding.
What happened to Core Scientific Inc’s price movement after its last earnings report?
Core Scientific Inc reported an EPS of -$1.06 in its last earnings report, missing expectations of -$0.063. Following the earnings report the stock price went down -9.216%.
Which hedge fund is a major shareholder of Core Scientific Inc?
Currently, no hedge funds are holding shares in CORZ
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Core Scientific Inc Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$32.00 (61.21% Upside)
$32.00 (61.21% Upside)
Blogger Sentiment
Bullish
CORZ Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 897.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.66%
12-Months-Change
Fundamentals
Return on Equity
109.08%
Trailing 12-Months
Asset Growth
104.90%
Trailing 12-Months
Company Description
Core Scientific Inc
Core Scientific, Inc. is a North American enterprise primarily engaged in operating facilities for digital asset mining and providing colocation services for distributed ledger technology. The company actively mines various digital currencies for its proprietary accounts, leveraging specialized computing hardware within its owned and operated data centers to process transactions on blockchain networks in exchange for digital asset rewards. Concurrently, it extends hosting and colocation capabilities to other significant participants in the digital asset mining sector. Beyond these core operations, Core Scientific provides a suite of blockchain infrastructure and software solutions. Its development efforts encompass blockchain-based platforms and applications aimed at areas such as infrastructure management, enhanced security, mining optimization, and robust recordkeeping. Its operational framework is structured into two principal divisions: Equipment Sales and Hosting. The corporate headquarters are situated in Austin, Texas. However, a significant development occurred on December 21, 2022, when Core Scientific, Inc. initiated voluntary reorganization proceedings under Chapter 11 of the U.S. Bankruptcy Code, filing with the U.S. Bankruptcy Court for the Southern District of Texas.
CORZ Company Deck
CORZ Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized substantial operational progress: the company is billing ~243 MW (>$350M annualized revenue), achieved multiple site turnovers, secured a $3.3B financing (net ~$2.9B), increased CoreWeave cash gross profit targets to 80%–85%, and laid out aggressive 2026 CapEx and large-scale development plans (Pecos and Muskogee to ~1.5 GW). Management also highlighted strong customer engagement and a clear behind-the-meter power strategy. Key risks discussed include an expired exclusivity (deal timing uncertainty), national labor constraints, permitting for behind‑the‑meter generation, the need for credit support for some customer segments, the planned wind-down of Bitcoin mining (near-term revenue mix shift), and increased debt service from the new financing. Overall, the positive operational execution, large secured financing, improved margin visibility, and clear growth roadmap outweigh the noted execution and timing risks.View all CORZ earnings summariesCORZ Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$32.00
▲(61.21% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
2.79% Insiders
14.63% Mutual Funds
0.05% Other Institutional Investors
64.05% Public Companies and Individual Investors
Options Prices
Currently, No data available
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