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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
21.700
Open
21.500
VWAP
21.29
Vol
5.03M
Mkt Cap
6.57B
Low
20.840
Amount
107.10M
EV/EBITDA(TTM)
--
Total Shares
315.59M
EV
7.32B
EV/OCF(TTM)
26.29
P/S(TTM)
21.53
Core Scientific, Inc. provides digital infrastructure for high-density colocation services and digital asset mining. The Company operates dedicated, purpose-built facilities for digital asset mining and is a provider of digital infrastructure, software solutions and services to its third-party customers. Its Digital Asset Self-Mining segment consists of digital asset mining for its own account. Its Digital Asset Hosted Mining segment consists of its digital infrastructure and third-party hosting services for digital asset mining. Its Colocation segment consists of providing high-density colocation services to third parties for graphics processing units (GPU)-based high-performance computing (HPC) operations. It employs its own large fleet of computers (miners) to earn digital assets for its own account and to provide hosting services for large digital asset-mining customers, and it is in the process of allocating and converting a significant portion of its 10 facilities.
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Events Timeline

(ET)
2026-04-24
09:50:00
New
NY AG Sues Coinbase and Gemini for Illegal Gambling
select
2026-04-21 (ET)
2026-04-21
12:00:00
Strategic Surpasses BlackRock with $2.54B Bitcoin Purchase
select
2026-04-21
07:30:00
Core Scientific Plans to Offer $3.3B Senior Secured Notes
select
2026-04-17 (ET)
2026-04-17
10:00:00
Charles Schwab Launches Crypto Trading Service
select
2026-04-10 (ET)
2026-04-10
14:40:00
Core Scientific Shares Rise 3.7% to $18.64
select
2026-04-01 (ET)
2026-04-01
12:50:00
Core Scientific Shares Rise 1.7% to $15.21
select

News

Newsfilter
8.5
04-23Newsfilter
PinnedCore Scientific Prices $3.3 Billion Senior Secured Notes Offering
  • Financing Scale: Core Scientific's wholly-owned subsidiary has priced a $3.3 billion offering of 7.750% senior secured notes at an issue price of 99.250%, expected to close on May 6, 2026, indicating strong demand in the capital markets.
  • Use of Proceeds: The net proceeds from this offering will fund a debt service reserve account and repay outstanding delayed draw term loans under a 364-day credit facility, aiming to optimize the company's financial structure and reduce interest burdens.
  • Guarantee Structure: The notes will be fully and unconditionally guaranteed by several subsidiaries of Core Scientific, secured by first-priority liens on nearly all assets of the Issuer, enhancing investor confidence and ensuring the safety of funds.
  • Project Assurance: Core Scientific will provide a completion guarantee for multiple data center projects located in Georgia, Texas, North Carolina, and Oklahoma, ensuring timely project completion to support the company's long-term growth strategy.
seekingalpha
8.5
04-23seekingalpha
Core Scientific Subsidiary Prices $3.3B Senior Secured Notes Offering
  • Bond Offering Size: Core Scientific Finance I LLC has announced a $3.3 billion offering of 7.750% senior secured notes due 2031, priced at 99.250% of the principal amount, reflecting the company's strong financing capabilities in the capital markets.
  • Funding Purpose Outlook: The bond offering is expected to close on May 6, 2026, with proceeds aimed at enhancing the company's financial flexibility and supporting future strategic investments, thereby solidifying its market position.
  • Positive Market Reaction: Core Scientific hinted at an optimistic outlook for FY2026 and FY2027 in its earnings report, maintaining a “Buy” rating, indicating market confidence in its future growth potential.
  • Financing Facility Expansion: The company has also boosted its strategic financing facility to $1 billion, aimed at providing stronger funding support for future expansions and investments, enhancing its competitiveness in a fiercely contested market.
moomoo
8.5
04-23moomoo
CORE SCIENTIFIC INC ISSUES $3.3 BILLION IN 7.750% SENIOR SECURED NOTES DUE 2031 AT A PRICE OF 99.250%
  • Financial Overview: Core Scientific has issued $3.3 billion of senior secured notes with a 7.75% interest rate, maturing in 2031.
  • Investment Details: The notes are priced at 99.250% of their principal amount, indicating a slight discount at issuance.
Yahoo Finance
6.0
04-22Yahoo Finance
Cantor Fitzgerald Raises Core Scientific Price Target to $29 Amid AI Investment Outlook
  • Price Target Increase: Cantor Fitzgerald raised Core Scientific's price target from $25 to $29 while maintaining an Overweight rating, indicating confidence in the company's growth prospects, particularly in the context of AI infrastructure investments.
  • AI Investment Outlook: Analysts believe that as AI proliferates across various sectors, AI infrastructure will become an attractive investment area, with expectations of a persistent supply-demand imbalance over the next five years, keeping prices strong.
  • Increased Funding Commitment: Core Scientific announced on March 23 that it secured an additional $500 million commitment from JPMorgan Chase, bringing total funded commitments to $1 billion, which strengthens the company's operational funding support.
  • Digital Infrastructure Operations: Core Scientific focuses on Bitcoin mining and high-performance computing, leveraging its fleet of miners for Bitcoin mining while providing hosting services to clients, enhancing its market position in the digital asset space.
Yahoo Finance
8.5
04-21Yahoo Finance
Core Scientific to Offer $3.3 Billion in Debt for AI Transition
  • Debt Financing Plan: Core Scientific announced plans to offer $3.3 billion in speculative-grade debt to support its significant pivot towards AI infrastructure, which is expected to optimize its capital structure and enhance financial flexibility.
  • Data Center Development: The company has signed a 12-year agreement with cloud computing firm CoreWeave, projected to generate approximately $10 billion in revenue from the six data center facilities it is constructing, further solidifying its position in the high-density data center market.
  • Bitcoin Holdings: Despite the transition, Bitcoin mining remains its primary revenue source, generating $41.1 million in the fourth quarter, demonstrating its strong profitability in the digital infrastructure sector.
  • Market Reaction: Core Scientific's shares rose 4.5% following the announcement to $20.77, with a year-to-date increase of 42%, reflecting positive market expectations regarding its strategic pivot.
seekingalpha
8.5
04-21seekingalpha
Core Scientific to Offer $3.3B Senior Secured Notes
  • Debt Financing Initiative: Core Scientific Finance I LLC plans to offer $3.3 billion of senior secured notes in a private offering due in 2031, aiming to enhance the company's financial flexibility and optimize its capital structure through this strategic move.
  • Clear Use of Proceeds: The net proceeds from this offering will be allocated to fund a debt service reserve account, with the remaining funds distributed to the parent company, Core Scientific, ensuring financial stability and operational continuity.
  • Loan Repayment Strategy: Core Scientific intends to utilize a portion of the net proceeds to fully repay its outstanding delayed draw term loans under its previously announced 364-day credit facility, including accrued interest, fees, and expenses, thereby reducing financial burden and improving cash flow.
  • Positive Stock Reaction: Following the announcement, Core Scientific's shares rose by 4.6% in premarket trading, reflecting market optimism regarding the company's future financial health.
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
Cantor Fitzgerald
Overweight
maintain
$25 -> $29
AI Analysis
2026-04-09
Reason
Cantor Fitzgerald
Price Target
$25 -> $29
AI Analysis
2026-04-09
maintain
Overweight
Reason
Cantor Fitzgerald raised the firm's price target on Core Scientific to $29 from $25 and keeps an Overweight rating on the shares. The firm believes the world is heading toward the proliferation of AI across nearly every business, sector, and economy and in that context it sees AI infrastructure as "an attractive place to invest," given that investors are somewhat agnostic to which AI app or AI model emerges victorious. The firm envisions a persistent supply/demand imbalance for the next five-plus years that caters to pricing remaining strong, the analyst tells investors.
Canaccord
Joseph Vafi
Buy
maintain
$17 -> $20
2026-03-05
Reason
Canaccord
Joseph Vafi
Price Target
$17 -> $20
2026-03-05
maintain
Buy
Reason
Canaccord analyst Joseph Vafi raised the firm's price target on Core Scientific to $20 from $17 and keeps a Buy rating on the shares. The firm said with merger headlines fully in the rearview mirror, at least for now, CORZ is moving forward with its organic growth plan. Canaccord said they are to see progress across several fronts, including a material new site acquisition in Texas, power capacity being added at existing facilities, and commentary that the full power portfolio will ultimately transition from BTC mining to AI hosting.
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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 -120.02. 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
-120.02
Current PE
156.25
Overvalued PE
218.32
Undervalued PE
-458.36

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
22.92
Current EV/EBITDA
-10.48
Overvalued EV/EBITDA
42.42
Undervalued EV/EBITDA
3.42

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
5.39
Current PS
6.74
Overvalued PS
7.71
Undervalued PS
3.06

Financials

AI Analysis
Annual
Quarterly

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Whales Holding CORZ

V
Value Aligned Research Advisors, LLC
Holding
CORZ
+36.81%
3M Return
S
Situational Awareness LP
Holding
CORZ
+20.65%
3M Return
T
Tortoise Capital Advisors, L.L.C.
Holding
CORZ
+10.86%
3M Return
T
Two Seas Capital LP
Holding
CORZ
+10.84%
3M Return
C
Covalis Capital LLP
Holding
CORZ
+4.58%
3M Return
J
Jericho Capital Asset Management L.P.
Holding
CORZ
+4.05%
3M Return

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Frequently Asked Questions

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

The current price of CORZ is 21.32 USD — it has increased 2.45

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

Core Scientific, Inc. provides digital infrastructure for high-density colocation services and digital asset mining. The Company operates dedicated, purpose-built facilities for digital asset mining and is a provider of digital infrastructure, software solutions and services to its third-party customers. Its Digital Asset Self-Mining segment consists of digital asset mining for its own account. Its Digital Asset Hosted Mining segment consists of its digital infrastructure and third-party hosting services for digital asset mining. Its Colocation segment consists of providing high-density colocation services to third parties for graphics processing units (GPU)-based high-performance computing (HPC) operations. It employs its own large fleet of computers (miners) to earn digital assets for its own account and to provide hosting services for large digital asset-mining customers, and it is in the process of allocating and converting a significant portion of its 10 facilities.

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 79.76M USD, decreased -15.97

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 0.59 USD, decreased -150.86

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

Core Scientific Inc (CORZ) has 325 emplpoyees as of April 24 2026.

What is Core Scientific Inc (CORZ) market cap?

Today CORZ has the market capitalization of 6.57B USD.