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CORZ Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
23.400
Open
23.065
VWAP
22.86
Vol
14.83M
Mkt Cap
7.29B
Low
22.260
Amount
339.03M
EV/EBITDA(TTM)
--
Total Shares
317.89M
EV
8.34B
EV/OCF(TTM)
14.66
P/S(TTM)
20.67
Core Scientific, Inc. is engaged in designing, building, and operating large-scale, purpose-built data centers for high-density colocation (HDC) services and digital asset mining for both its own account and to a lesser extent, third-party customers. The Company operates facilities for HDC services and is a provider of digital infrastructure, software solutions, and services to its third-party customers. The Company operates through three segments, which include Colocation, Digital Asset Self-Mining, and Digital Asset Hosted Mining. The Colocation segment provides space, power, cooling, facilities operations, security, and other services to third-party customers to support workloads for machine learning and artificial intelligence. The Digital Asset Self-Mining segment consists of performing digital asset mining for its own account. The Digital Asset Hosted Mining segment provides hosting services to third parties for digital asset mining.
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Events Timeline

(ET)
2026-05-08
16:00:00
Core Scientific Shares Rise 1.52% to $22.70
select
2026-05-07 (ET)
2026-05-07
11:40:00
Coinbase Q1 Earnings Expected to Drop to $0.36
select
2026-05-06 (ET)
2026-05-06
20:00:00
Strong Earnings in Tech Push S&P 500 to Record Highs
select
2026-05-06
16:30:00
Core Scientific Reports Q1 Revenue of $115.2M
select
2026-05-06
12:11:00
Strategy Reports Record Quarterly Loss of $12.54 Billion
select

News

Yahoo Finance
7.5
05-07Yahoo Finance
Core Scientific Transitions to AI Data Centers Amidst Market Volatility
  • Business Transformation: Core Scientific, Inc. is shifting from pure Bitcoin mining to High-Performance Computing (HPC) hosting, with self-mining revenue declining while colocation revenue surged 268% to $31.3 million, indicating the company's potential in the AI data center super-cycle.
  • Strategic Partnership: The firm has secured multi-billion dollar hosting contracts with AI cloud provider CoreWeave, which enhances capital expenditure efficiency and allows Core to expand state-of-the-art AI data centers without dilutive equity raises, strengthening its market position.
  • Power Expansion Plans: Core Scientific announced plans to expand its Pecos, Texas campus to 1.5 gigawatts of gross power, with high-voltage power permits and grid connections currently having 5-to-7-year lead times, laying the groundwork for future growth despite the long lead times.
  • Market Valuation: Despite facing market volatility, institutional investors believe that the replacement cost of Core Scientific's infrastructure is significantly higher than its current market valuation, suggesting that its stock holds long-term investment appeal.
seekingalpha
9.5
05-07seekingalpha
Core Scientific Q1 2026 Earnings Call Insights
  • Significant Revenue Growth: Core Scientific reported 243 megawatts of billable capacity in Q1 2026, translating to over $350 million in annualized GAAP revenue, indicating strong performance in the high-density colocation market and potential for increased market share.
  • Successful Capital Financing: The company closed a $3.3 billion project bond financing with approximately $2.9 billion in net proceeds, which will be allocated for future growth projects, showcasing its strong appeal and capability in capital markets.
  • Clear Expansion Plans: Core Scientific expects to deploy around $2 billion in capital expenditures in 2026 to advance approximately 1 gigawatt of new billable capacity, reflecting confidence in future growth and strategic positioning.
  • Business Model Transformation: As Bitcoin mining activities gradually wind down, the company is actively shifting focus to high-density colocation, with plans to deliver additional data center capacity by 2027, enhancing its competitive edge in the market.
Newsfilter
8.5
05-06Newsfilter
Core Scientific Announces Expansion and Acquisition Strategy
  • Expansion Strategy: Core Scientific plans to scale its Muskogee campus to approximately 1.5GW of total power, with about 1.0GW being leasable, significantly enhancing its competitive position in the high-density colocation market.
  • Acquisition Agreement: The company has entered into an agreement to acquire Polaris DS LLC, which has contracted 440MW of power with Oklahoma Gas & Electric, expected to accelerate the delivery of new capacity and enhance service capabilities for future customers.
  • Construction Progress: In Muskogee, Core Scientific is constructing a new 82.5MW building, with initial delivery expected in Q4 2027, further increasing its data center processing capacity to meet growing market demand.
  • Land Resources: To support its expansion plans, the company has secured approximately 250 acres of land, showcasing its strategic positioning and future growth potential in high-density compute deployments through innovative power solutions.
moomoo
4.0
05-04moomoo
CORE SCIENTIFIC INC: JEFFERIES INCREASES TARGET PRICE FROM $20 TO $24
  • Price Increase Announcement: Jeffries has raised its price target for Core Scientific from $20 to $24.
  • Market Implications: This adjustment reflects a positive outlook on Core Scientific's performance in the market.
stocktwits
2.0
04-30stocktwits
Emerging Neocloud Providers Spark Investment Surge
  • Strong Cloud Growth: Amazon Web Services (AWS) reported a 26% increase in quarterly sales, Microsoft Azure saw a 40% revenue growth, and Google Cloud's sales surged by 63%, indicating robust demand for cloud services and reinforcing their high spending plans.
  • Retail Investor Favor: NBIS has gained 67% year-to-date and received investment from Nvidia, reflecting strong retail investor interest in emerging cloud providers, particularly Nebius and IREN.
  • Market Sentiment Shift: On Stocktwits, sentiment for CRWV shifted from neutral to bullish, while NBIS moved from bearish to neutral, indicating increased investor confidence in emerging cloud providers following strong earnings reports.
  • Future Spending Expectations: The
stocktwits
8.5
04-27stocktwits
Hut 8 Plans to Raise $3.25 Billion for Data Center Construction
  • Financing Plan: Hut 8 aims to raise $3.25 billion through senior secured notes maturing in 2042 to fund the construction of a 245-megawatt data center in Louisiana, reflecting a shift among Bitcoin miners towards artificial intelligence and high-performance computing infrastructure.
  • Long-Term Lease Agreement: The project is backed by a 15-year, $7 billion lease with cloud computing company Fluidstack, which will lease the first phase of the property and has the option to extend usage by up to 1,000 megawatts in future phases, ensuring stable revenue streams.
  • Revenue Forecast: The data center is projected to generate $171 million in its first year of operation, with annual revenue expected to approach $547 million by 2041, indicating a more predictable cash flow compared to traditional mining operations.
  • Credit Rating: The financing has received a preliminary BBB rating from Fitch and S&P Global Ratings, placing it in the lowest investment-grade category, while also highlighting risks such as reliance on a single tenant and construction execution challenges, reflecting market caution regarding the project.
Wall Street analysts forecast CORZ stock price to rise
15 Analyst Rating
Wall Street analysts forecast CORZ stock price to rise
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
19.94
Averages
27.46
High
40.00
Current: 0.000
sliders
Low
19.94
Averages
27.46
High
40.00
Canaccord
Joseph Vafi
Buy
maintain
$20 -> $30
AI Analysis
2026-05-08
New
Reason
Canaccord
Joseph Vafi
Price Target
$20 -> $30
AI Analysis
2026-05-08
New
maintain
Buy
Reason
Canaccord analyst Joseph Vafi raised the firm's price target on Core Scientific (CORZ) to $30 from $20 and keeps a Buy rating on the shares. The firm said just a couple of quarters after its proposed merger with customer Coreweave (CRWV) was terminated, the company's standalone growth strategy has done nothing but accelerate. Q1 was highlighted by solid progress across all three key areas of the business; what is now a ramping P&L from co-lo services provided to Coreweave; successful financings to fund further expansion, and efforts to materially increase the power portfolio both at existing and new sites to support longer term portfolio growth.
Needham
John Todaro
Buy
maintain
$23 -> $29
2026-05-07
New
Reason
Needham
John Todaro
Price Target
$23 -> $29
2026-05-07
New
maintain
Buy
Reason
Needham analyst John Todaro raised the firm's price target on Core Scientific to $29 from $23 and keeps a Buy rating on the shares after its Q1 results. The firm is positive on the recent expanded pipeline, and also cautiously optimistic on a lease with an IG hyperscaler in the near/medium term, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CORZ
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Valuation Metrics

The current forward P/E ratio for Core Scientific Inc (CORZ.O) is 156.25, compared to its 5-year average forward P/E of -115.22. For a more detailed relative valuation and DCF analysis to assess Core Scientific Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-115.22
Current PE
156.25
Overvalued PE
222.03
Undervalued PE
-452.47

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
22.33
Current EV/EBITDA
-11.19
Overvalued EV/EBITDA
42.15
Undervalued EV/EBITDA
2.52

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
5.41
Current PS
7.04
Overvalued PS
7.72
Undervalued PS
3.10

Financials

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Whales Holding CORZ

V
Value Aligned Research Advisors, LLC
Holding
CORZ
+41.29%
3M Return
S
Situational Awareness LP
Holding
CORZ
+38.85%
3M Return
J
Jericho Capital Asset Management L.P.
Holding
CORZ
+14.28%
3M Return
T
Two Seas Capital LP
Holding
CORZ
+13.87%
3M Return
T
Tortoise Capital Advisors, L.L.C.
Holding
CORZ
+6.38%
3M Return
C
Comerica Bank
Holding
CORZ
+3.71%
3M Return

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Frequently Asked Questions

What is Core Scientific Inc (CORZ) stock price today?

The current price of CORZ is 22.92 USD — it has increased 2.5

What is Core Scientific Inc (CORZ)'s business?

Core Scientific, Inc. is engaged in designing, building, and operating large-scale, purpose-built data centers for high-density colocation (HDC) services and digital asset mining for both its own account and to a lesser extent, third-party customers. The Company operates facilities for HDC services and is a provider of digital infrastructure, software solutions, and services to its third-party customers. The Company operates through three segments, which include Colocation, Digital Asset Self-Mining, and Digital Asset Hosted Mining. The Colocation segment provides space, power, cooling, facilities operations, security, and other services to third-party customers to support workloads for machine learning and artificial intelligence. The Digital Asset Self-Mining segment consists of performing digital asset mining for its own account. The Digital Asset Hosted Mining segment provides hosting services to third parties for digital asset mining.

What is the price predicton of CORZ Stock?

Wall Street analysts forecast CORZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CORZ is27.46 USD with a low forecast of 19.94 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Core Scientific Inc (CORZ)'s revenue for the last quarter?

Core Scientific Inc revenue for the last quarter amounts to 115.24M USD, increased 44.92

What is Core Scientific Inc (CORZ)'s earnings per share (EPS) for the last quarter?

Core Scientific Inc. EPS for the last quarter amounts to -1.08 USD, decreased -186.40

How many employees does Core Scientific Inc (CORZ). have?

Core Scientific Inc (CORZ) has 325 emplpoyees as of May 11 2026.

What is Core Scientific Inc (CORZ) market cap?

Today CORZ has the market capitalization of 7.29B USD.