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Core Scientific Inc (CORZ)
:CORZ
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CORZ Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.61 - $18.63
Previous CloseN/A
Volume3.10M
Average Volume (3M)9.53M
Market Cap
$4.09B
Enterprise Value$3.78B
Total Cash (Recent Filing)$117.87M
Total Debt (Recent Filing)$715.56M
Price to Earnings (P/E)―
Beta3.65
Next Earnings
Apr 01, 2025EPS Estimate
-0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.45
Shares Outstanding279,253,020
10 Day Avg. Volume8,453,987
30 Day Avg. Volume9,526,371
Standard Deviation0.35
R-Squared0.43
Alpha0.07
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)7.28
Price to Cash Flow (P/CF)177.60
P/FCF Ratio0.00
Enterprise Value/Market Cap0.93
Enterprise Value/Revenue6.78
Enterprise Value/Gross Profit30.64
Enterprise Value/Ebitda-3.28
Forecast
1Y Price Target
$20.25Price Target Upside38.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Core Scientific Inc News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCore Scientific Inc reported strong results coming in above estimates due to higher hash prices and strong hash rate utilization.
Market PositioningThere is confidence in Core Scientific Inc's ability to execute on its 400MW merger and acquisition pipeline at new sites, potentially making it the largest GPU-specific data center provider globally.
Strategic ExpansionCore Scientific Inc's strategic shift to HPC infrastructure provides a clear path to stable and predictable cash flow growth.
Bears Say
Financial PerformanceCore Scientific reported a net loss of $455M, representing an increase of $414M year-over-year.
Market DynamicsMarket share across bitcoin continues to erode for all, and many peers may now be under expansion pressure.
Production ChallengesSelf-mined bitcoin production fell to 1,115 BTC in the third quarter from 1,680 BTC in the second quarter, partly due to increased network difficulty and infrastructure reallocation.
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Ownership Overview
2.92% Insiders
6.73% Mutual Funds
0.26% Other Institutional Investors
76.51% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CORZ FAQ
What was Core Scientific Inc’s price range in the past 12 months?
Core Scientific Inc lowest stock price was $2.61 and its highest was $18.63 in the past 12 months.
What is Core Scientific Inc’s market cap?
Core Scientific Inc’s market cap is $4.09B.
When is Core Scientific Inc’s upcoming earnings report date?
Core Scientific Inc’s upcoming earnings report date is Apr 01, 2025 which is in 73 days.
How were Core Scientific Inc’s earnings last quarter?
Core Scientific Inc released its earnings results on Nov 06, 2024. The company reported -$1.557 earnings per share for the quarter, missing the consensus estimate of -$0.093 by -$1.464.
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 -0.08.
How many shares outstanding does Core Scientific Inc have?
Core Scientific Inc has 279,253,020 shares outstanding.
What happened to Core Scientific Inc’s price movement after its last earnings report?
Core Scientific Inc reported an EPS of -$1.557 in its last earnings report, missing expectations of -$0.093. Following the earnings report the stock price went up 14.864%.
Which hedge fund is a major shareholder of Core Scientific Inc?
Among the largest hedge funds holding Core Scientific Inc’s share is Driehaus Capital Management LLC. It holds Core Scientific Inc’s shares valued at 57M.
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Core Scientific Inc Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$20.25 (38.41% Upside)
$20.25 (38.41% Upside)
Blogger Sentiment
Bullish
CORZ Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 3.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 8.1%
Last 30 Days ▲ 8.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
170.71%
Trailing 12-Months
Asset Growth
30.67%
Trailing 12-Months
Company Description
Core Scientific Inc
Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services.
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CORZ Company Deck
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CORZ Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth and strategic partnerships in the HPC hosting sector, alongside successful financial restructuring. However, these positives were counterbalanced by challenges in the Bitcoin mining segment, including a significant net loss and negative gross margin. The company is positioned for future growth but faces hurdles in mining economics.Read More>---
CORZ Stock 12 Month Forecast
Average Price Target
$20.25
▲(38.41% Upside)
Technical Analysis
Best Analysts Covering CORZ
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+102.01%
reiterated a buy rating 2 months ago
Copying Joe Flynn's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +102.01% per trade.
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