Core Scientific Inc (CORZ)
NASDAQ:CORZ
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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$10.93 - $30.46
Previous CloseN/A
Volume3.10M
Average Volume (3M)14.87M
Market Cap
$8.77B
Enterprise Value$9.59B
Total Cash (Recent Filing)$1.01B
Total Debt (Recent Filing)$2.06B
Price to Earnings (P/E)―
Beta2.77
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. Volume12,334,308
30 Day Avg. Volume14,874,949
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)-4.81
Price to Sales (P/S)14.52
P/FCF Ratio-10.27
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue27.02
Enterprise Value/Gross Profit161.29
Enterprise Value/Ebitda-41.86
Forecast
1Y Price Target
$31.45Price Target Upside58.46% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)-0.92
Revenue Forecast (FY)$648.55M
Bulls Say, Bears Say
Bulls Say
Contracted CoreWeave Capacity & Billing RampA large, long‑dated contracted backlog (CoreWeave 590 MW) and a visible billing ramp convert build activity into predictable, recurring colocation revenue and cash flow. This materially reduces commodity crypto exposure and supports durable revenue visibility as capacity comes online.
$3.3B Secured Project FinancingLong‑dated, asset‑backed financing materially strengthens liquidity and funds large-scale development. By refinancing short-term facilities and ringfencing core assets, the notes improve the firm’s ability to execute multi‑year buildouts and reduce immediate refinancing pressure while enabling strategic scale.
Improving Operating Cash Flow & MarginsSustained improvement in revenue, operating margins, and OCF signals that the transition to colocation is lifting unit economics. Improved cash generation provides a durable funding source for capex and working capital, enhancing execution optionality if trends persist across upcoming quarters.
Bears Say
Negative Equity And Elevated LeverageDeeply negative equity and significant secured debt weaken financial flexibility and raise covenant and solvency risk if project timing slips. This structural weakness makes the company more dependent on successful asset execution and capital markets access to sustain growth plans.
Large 2026 CapEx And Negative Free Cash FlowMassive near‑term capital requirements create ongoing funding needs and amplify execution risk. Persistent negative FCF implies continued reliance on external financing; if revenue ramp or finance availability lags, growth plans and debt service could be strained over the medium term.
Execution Risks: Permitting, Labor, And Deal TimingProject schedules and revenue depend on permitting, contractor availability and timely hyperscaler or large customer signings. These structural execution constraints can delay capacity coming online, impair revenue convertibility from contracted backlog, and increase cost or financing stress if persistent.
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 $10.93 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 $8.77B.
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 52 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
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10
Analyst Consensus
Strong Buy
Average Price Target:
$31.45 (58.46% Upside)
$31.45 (58.46% Upside)
Blogger Sentiment
Bullish
CORZ Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 897.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $101.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 15.5%
Last 30 Days ▲ 15.5%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
127.34%
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
Average Price Target
$31.45
▲(58.46% Upside)
Technical Analysis
Ownership Overview
2.73% Insiders
14.30% Mutual Funds
56.38% Other Institutional Investors
7.33% Public Companies and Individual Investors
Options Prices
Currently, No data available
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