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NASDAQ:CORZ

Core Scientific (CORZ) Stock Price, News & Analysis

$9.32
-0.92 (-8.98%)
(As of 09/6/2024 ET)
Today's Range
$9.22
$10.18
50-Day Range
$8.22
$11.70
52-Week Range
$2.61
$12.25
Volume
10.93 million shs
Average Volume
8.23 million shs
Market Capitalization
$1.66 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.88

Core Scientific MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
59.6% Upside
$14.88 Price Target
Short Interest
Bearish
15.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of Core Scientific in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$297,749 Sold Last Quarter
Proj. Earnings Growth
4,000.00%
From $0.01 to $0.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.03 out of 5 stars

Finance Sector

220th out of 871 stocks

Nondepository Credit Institutions Industry

5th out of 48 stocks

CORZ stock logo

About Core Scientific Stock (NASDAQ:CORZ)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. In addition, the company provides electrical power, repair, and other infrastructure services to operate, maintain, and earn digital assets; and sells mining equipment to customers. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.

CORZ Stock Price History

CORZ Stock News Headlines

The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
Core Scientific (NASDAQ:CORZ) Coverage Initiated at Needham & Company LLC
Core Scientific (NASDAQ:CORZ) Shares Gap Up After Insider Buying Activity
The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
Executives Buying Core Scientific And 2 Other Stocks
Core Scientific (NASDAQ:CORZ) Rating Reiterated by Cantor Fitzgerald
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:CORZ
Fax
N/A
Employees
200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.88
High Stock Price Target
$20.00
Low Stock Price Target
$8.50
Potential Upside/Downside
+59.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$575.23 million

Miscellaneous

Free Float
120,892,000
Market Cap
$1.66 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Adam Sullivan (Age 32)
    CEO, President & Director
    Comp: $1.11M
  • Ms. Denise Sterling (Age 59)
    Executive VP & CFO
    Comp: $392.1k
  • Mr. Todd M. Duchene (Age 60)
    Executive VP, Chief Legal and Administrative Officer, Chief Compliance Officer & Secretary
    Comp: $492.41k
  • Mr. Larry Kom
    Chief Technology Officer
  • Mr. Steven A. Gitlin
    Senior Vice President of Investor Relations & Marketing
  • Michael Bros
    Executive VP of Corporate Development & Strategy
  • Sangeeta Campos Puri
    Vice President of People Operations
  • Mr. Jeff Taylor
    Senior VP & Chief Information Security Officer
  • Mr. Russell Cann
    Executive Vice President of Client Services
  • Mr. Aaron Mccreery
    Executive Vice President of Technology Operations

CORZ Stock Analysis - Frequently Asked Questions

How have CORZ shares performed this year?

Core Scientific's stock was trading at $1.4501 on January 1st, 2024. Since then, CORZ shares have increased by 542.7% and is now trading at $9.32.
View the best growth stocks for 2024 here
.

How were Core Scientific's earnings last quarter?

Core Scientific, Inc. (NASDAQ:CORZ) posted its quarterly earnings data on Wednesday, August, 7th. The company reported ($4.51) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $4.47. The company's revenue for the quarter was up 11.2% compared to the same quarter last year.

Who are Core Scientific's major shareholders?

Core Scientific's top institutional investors include Van ECK Associates Corp (0.74%), Troluce Capital Advisors LLC (0.65%), Susquehanna International Group LLP and Summit Trail Advisors LLC (0.39%). Insiders that own company stock include Darin Feinstein, Todd M Duchene, Denise Marie Brucia Sterling, Adam Taylor Sullivan and Eric Stanton Weiss.
View institutional ownership trends
.

How do I buy shares of Core Scientific?

Shares of CORZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CORZ) was last updated on 9/7/2024 by MarketBeat.com Staff

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