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CORZ Overview

-
$
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
30.045
Open
29.120
VWAP
29.26
Vol
17.47M
Mkt Cap
9.27B
Low
28.580
Amount
511.25M
EV/EBITDA(TTM)
--
Total Shares
317.89M
EV
10.32B
EV/OCF(TTM)
18.15
P/S(TTM)
26.30
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)
2026-06-17
15:30:00
Core Scientific Shares Rise 3.77% to $29.14
select
2026-06-12 (ET)
2026-06-12
10:00:00
Coinbase Introduces AI Agent Feature, MassPay Partners with Coinbase
select

News

CNBC
6.0
06-18CNBC
Iren's Stock Has Significant Upside Potential with $79 Price Target
  • Unique Market Positioning: Iren's unique positioning in the AI infrastructure sector, with a long-term powered land bank of approximately 6 GW and a vertically integrated GPU cloud approach, enhances its competitive edge.
  • Strong Growth Potential: Jefferies initiated coverage on Iren with a buy rating and set a $79 price target, implying a 36% upside from Wednesday's close, reflecting market confidence in its future growth.
  • Significant Contract Revenue: Contracts secured with hyperscalers like Microsoft and Nvidia are expected to generate $3.1 billion in annual recurring revenue, further solidifying Iren's position in the AI infrastructure market.
  • Analyst Consensus: Among the 15 analysts covering Iren, 10 have assigned buy or strong buy ratings, indicating broad market recognition and trust in its strategic pivot.
Yahoo Finance
8.5
06-07Yahoo Finance
Investment Thesis on Core Scientific, Inc. (CORZ)
  • Strong Financial Performance: Core Scientific, Inc. achieved a billing capacity of 243MW in Q1 2026, generating over $350 million in annualized colocation revenue, reinforcing its leadership in AI infrastructure development, even as market focus remains on the timing of a second hyperscaler contract.
  • Margin Target Increase: Management raised the long-term cash gross margin target for the CoreWeave contract to 80%-85%, reflecting improved visibility from actual operating experience and implying significantly higher future profitability, which boosts investor confidence.
  • Robust Market Demand: Despite the disappointment of a previously exclusive 500MW hyperscaler negotiation, the underlying demand remains strong with three additional hyperscalers actively engaged at the same sites, indicating the company's potential to convert this demand into new contracts, especially supported by its differentiated platform and active construction pipeline.
  • Transformation to AI Colocation Provider: As Bitcoin mining operations are phased out, Core Scientific is transforming into a pure-play AI colocation provider, with expectations that full delivery of the 590MW CoreWeave contract could yield approximately $850 million in annualized colocation revenue, significantly enhancing overall margins.
stocktwits
6.0
06-03stocktwits
Bernstein Raises Price Targets for Core Scientific and Riot Platforms Amid AI Growth
  • Core Scientific Price Target Raised: Bernstein increased the price target for Core Scientific (CORZ) from $24 to $32, reflecting the potential value of the company's transition from cryptocurrency mining to AI infrastructure, which is expected to enhance its market competitiveness.
  • Riot Platforms' First AI Revenue: Riot Platforms (RIOT) saw its price target raised from $25 to $30 due to reporting $33.2 million in AI hosting revenue for the first time, marking the company as a revenue-generating data center operator, which is anticipated to drive future revenue growth.
  • MARA Price Target Cut: Bernstein lowered Mara Holdings' (MARA) price target from $23 to $17, primarily due to an 18% year-over-year decline in first-quarter revenue to $174.6 million, resulting in a $1.3 billion net loss, highlighting challenges in its transition process.
  • Market Sentiment Shift: In pre-market trading, CORZ and RIOT stocks rose by 0.06% and 0.6%, respectively, while MARA's stock fell by 0.7%, indicating increased investor confidence in AI transitions but a cautious outlook on MARA's future.
NASDAQ.COM
8.0
06-02NASDAQ.COM
Solstice and Core Scientific See Active Options Trading
  • Solstice Options Volume: Solstice Advanced Materials Inc (Ticker: SOLS) saw options trading volume of 18,645 contracts today, representing approximately 1.9 million shares, which is about 79.3% of its average daily trading volume of 2.4 million shares over the past month, indicating heightened market interest in its future performance.
  • High Volume Contracts: The $65 strike put option for SOLS was particularly active, with 15,892 contracts traded today, equating to approximately 1.6 million shares, reflecting investor expectations regarding potential downside risks for the stock.
  • Core Scientific Options Activity: Concurrently, Core Scientific Inc (Ticker: CORZ) recorded options trading volume of 113,081 contracts, representing about 11.3 million shares, which accounts for 68.8% of its average daily trading volume of 16.4 million shares over the past month, showcasing strong market interest in its stock.
  • Key Contract Insights: Among CORZ options, the $40 strike call option saw a trading volume of 25,119 contracts, approximately 2.5 million shares, indicating investor confidence in the stock's potential upside, which may influence its short-term price movements.
CNBC
8.5
05-28CNBC
Aschenbrenner's Major Investment in Nebius Sparks Wall Street Attention
  • Portfolio Highlight: Aschenbrenner's hedge fund, Situational Awareness, holds 12.4 million Class A shares of Nebius, representing a 5.6% stake, making it the fund's largest equity investment, reflecting strong confidence in the cloud computing sector.
  • Fund Size and Background: As of the end of March, Situational Awareness reported approximately $4 billion in investments, and despite Aschenbrenner's lack of professional money management experience, the fund has garnered support from several prominent tech and investment figures, indicating its potential in the AI space.
  • Diverse Investment Strategy: The fund invests not only in publicly traded companies expected to benefit from AI adoption but also backs startups like Anthropic, while also taking smaller short positions against industries that may be disrupted by AI, showcasing its adaptive market response capabilities.
  • Market Risk Management: Situational Awareness disclosed sizable put-option positions linked to Nvidia, Broadcom, and others, indicating a proactive approach to hedge against overheated market risks while pursuing returns, ensuring the stability of its investment portfolio.
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.
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
Freedom Capital
Hold
initiated
$33
AI Analysis
2026-06-15
New
Reason
Freedom Capital
Price Target
$33
AI Analysis
2026-06-15
New
initiated
Hold
Reason
Freedom Capital initiated coverage of Core Scientific with a Hold rating and $33 price target. While the firm agrees with the view that Core Scientific has significant potential as a high density colocation host, particularly in this constrained environment for AI data center capacity, it argues that "a good portion" of the company's expected business inflection in 2027 and perhaps even into 2028 is already reflected with shares up 87% year-to-date and 124% over the past twelve months.
Lucid Capital
NULL
to
Buy
initiated
$40
2026-06-12
Reason
Lucid Capital
Price Target
$40
2026-06-12
initiated
NULL
to
Buy
Reason
Lucid Capital re-initiated coverage of Core Scientific with a Buy rating and $40 price target. The company's "second act" is proving it has a scalable high performance compute platform, the analyst tells investors in a research note. The firm believes Core Scientific has the cash to support the equity stub for one gigawatt of critical IT load across its existing and pipeline sites. A near term lease for Hunt County "finally breaks CORZ free of a single tenant," Lucid adds. The firm estimates Core Scientific is worth $13.26 per share, net, and says Hunt adds $6.21, suggesting the current value "effectively underprices" its 850 MW pipeline.
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 166.67, compared to its 5-year average forward P/E of -101.50. 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
-101.50
Current PE
166.67
Overvalued PE
232.99
Undervalued PE
-435.99

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
17.77
Current EV/EBITDA
-77.65
Overvalued EV/EBITDA
45.74
Undervalued EV/EBITDA
-10.21

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
5.53
Current PS
8.73
Overvalued PS
7.85
Undervalued PS
3.21

Financials

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Whales Holding CORZ

S
Situational Awareness LP
Holding
CORZ
+64.68%
3M Return
T
Two Seas Capital LP
Holding
CORZ
+28.77%
3M Return
C
Covalis Capital LLP
Holding
CORZ
+19.96%
3M Return
O
Oasis Management Company Ltd.
Holding
CORZ
+16.44%
3M Return
J
Jericho Capital Asset Management L.P.
Holding
CORZ
+13.53%
3M Return
C
Comerica Bank
Holding
CORZ
+12.96%
3M Return

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Frequently Asked Questions

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

The current price of CORZ is 29.16 USD — it has increased 2.75

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 -1.06 USD, decreased -185.48

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

Core Scientific Inc (CORZ) has 325 emplpoyees as of June 20 2026.

What is Core Scientific Inc (CORZ) market cap?

Today CORZ has the market capitalization of 9.27B USD.