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Core Scientific Inc
(NASDAQ:CORZ)
Core Scientific Inc (CORZ) vs. SPDR S&P 500 ETF (SPY)
Core Scientific Inc Business Overview & Revenue Model
Core Scientific Inc Earnings Call Summary
Core Scientific Inc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 334.18M | 510.67M | 502.40M | 640.31M | 544.48M | 60.32M |
| Gross Profit | 21.91M | 121.07M | 123.46M | 8.40M | 238.86M | 9.39M |
| EBITDA | -1.25B | -1.16B | -63.12M | -1.84B | 167.61M | -2.74M |
| Net Income | -768.31M | -1.32B | -246.49M | -2.15B | 47.31M | -12.21M |
Balance Sheet | ||||||
| Total Assets | 2.30B | 1.60B | 712.16M | 807.69M | 2.44B | 225.58M |
| Cash, Cash Equivalents and Short-Term Investments | 453.44M | 836.20M | 50.41M | 15.88M | 117.87M | 8.67M |
| Total Debt | 1.06B | 1.20B | 865.54M | 37.73M | 818.81M | 40.29M |
| Total Liabilities | 3.42B | 2.42B | 1.31B | 1.22B | 1.05B | 136.35M |
| Stockholders Equity | -1.13B | -820.18M | -596.94M | -409.35M | 1.39B | 133.70M |
Cash Flow | ||||||
| Free Cash Flow | -344.20M | -52.06M | 48.95M | -178.79M | -116.01M | -25.33M |
| Operating Cash Flow | 138.99M | 42.90M | 65.11M | 205.19M | -56.73M | -23.77M |
| Investing Cash Flow | -496.22M | -95.19M | -3.00M | -590.78M | -423.84M | -15.14M |
| Financing Cash Flow | 556.88M | 819.57M | -44.65M | 306.15M | 603.53M | 40.72M |
Core Scientific Inc Technical Analysis
Core Scientific Inc Risk Analysis
Core Scientific Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $4.52B | 30.29 | 32.78% | ― | 22.02% | 12.42% | |
| ― | $3.99B | 48.31 | 10.03% | ― | 20.51% | 12.84% | |
| ― | $2.21B | 23.24 | 13.86% | ― | 13.02% | -2.57% | |
| ― | $3.08B | 11.32 | 22.97% | ― | 7.25% | ― | |
| ― | $3.13B | 7.78 | 14.59% | 1.41% | 0.09% | 5.38% | |
| ― | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
| ― | $5.94B | 142.64 | ― | ― | -39.43% | 90.95% |
Core Scientific Inc Corporate Events
Core Scientific, Inc., a leader in digital infrastructure for high-density colocation services and digital asset mining, operates dedicated facilities to provide digital infrastructure and software solutions to third-party customers.
Core Scientific, Inc. reported its fiscal third quarter 2025 results, showing a decline in total revenue to $81.1 million from $95.4 million in the previous year. The company experienced a decrease in digital asset self-mining and hosted mining revenues, offset by an increase in high-density colocation revenue. Despite a net loss of $146.7 million, this was an improvement from the previous year’s loss due to smaller fair value adjustments. The company is also involved in a pending merger with CoreWeave, which would result in an all-stock transaction, subject to shareholder approval.
The most recent analyst rating on (CORZ) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on Core Scientific Inc stock, see the CORZ Stock Forecast page.
On July 7, 2025, Core Scientific, Inc. announced a merger with CoreWeave, Inc., where Core Scientific will become a wholly owned subsidiary of CoreWeave. This merger has led to legal challenges from some stockholders who allege disclosure deficiencies in the merger’s proxy statement/prospectus. Despite these allegations, Core Scientific and CoreWeave plan to supplement their disclosures to address these concerns, although they deny any legal necessity for additional disclosures.
The most recent analyst rating on (CORZ) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Core Scientific Inc stock, see the CORZ Stock Forecast page.
Core Scientific, Inc. announced an updated investor presentation related to a proposed merger with CoreWeave, Inc., scheduled for a stockholder vote on October 30, 2025. The merger is expected to provide significant benefits, including risk reduction in data center delivery, a premium exchange ratio, and a substantial ownership stake in a leading AI platform. The merger aims to enhance Core Scientific’s market position by capitalizing on synergies and cost savings, while also expanding its addressable market in the AI infrastructure sector.
The most recent analyst rating on (CORZ) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on Core Scientific Inc stock, see the CORZ Stock Forecast page.
Core Scientific Inc., a prominent player in the digital infrastructure sector, specializes in high-density colocation services and digital asset mining, operating facilities across several U.S. states. In its fiscal second quarter of 2025, Core Scientific reported a significant decrease in total revenue to $78.6 million, down from $141.1 million in the same period last year. This decline was largely attributed to a 62% reduction in bitcoin mined, despite a 50% increase in the average bitcoin price. The company’s colocation revenue saw growth, increasing to $10.6 million due to expansion in Texas, while digital asset hosted mining revenue dropped as the company shifted focus to colocation services.
Core Scientific, Inc. reported a significant decline in its fiscal second quarter 2025 financial results, with total revenue dropping to $78.6 million from $141.1 million in the same quarter of 2024. The company experienced a decrease in digital asset self-mining and hosted mining revenues, offset by an increase in colocation revenue due to expansion in Denton, Texas. Despite a net loss of $936.8 million, Core Scientific maintains a strong liquidity position. Additionally, the company announced a pending merger with CoreWeave, where CoreWeave will acquire Core Scientific in an all-stock transaction, subject to regulatory and stockholder approvals.
The most recent analyst rating on (CORZ) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Core Scientific Inc stock, see the CORZ Stock Forecast page.