Core Scientific (CORZ) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $11.93 to $12.51
• 50-Day Range: $11.26 to $18.23
• 52-Week Range: $2.61 to $18.63
• Volume: 7.41 million shs
• Average Volume: 12.50 million shs
• Market Capitalization: $3.47 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $19.07
• Consensus Rating: Buy

Core Scientific Stock Analysis - MarketRank™

Core Scientific scored higher than 76% of companies evaluated by MarketBeat, and ranked 517th out of 962 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

Core Scientific has received a consensus rating of Buy. The company's average rating score is 3.06, and is based on 15 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Core Scientific has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Core Scientific is -2.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Core Scientific is -2.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

17.61% of the float of Core Scientific has been sold short.

Short Interest Ratio / Days to Cover

Core Scientific has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Core Scientific has recently decreased by 4.95%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Core Scientific does not currently pay a dividend.

Dividend Growth

Core Scientific does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

17.61% of the float of Core Scientific has been sold short.

Short Interest Ratio / Days to Cover

Core Scientific has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Core Scientific has recently decreased by 4.95%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.76

News Sentiment

Core Scientific has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 27 news articles for Core Scientific this week, compared to 5 articles on an average week.

Search Interest

50 people have searched for CORZ on MarketBeat in the last 30 days. This is an increase of 257% compared to the previous 30 days.

MarketBeat Follows

18 people have added Core Scientific to their MarketBeat watchlist in the last 30 days. This is an increase of 6% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Core Scientific insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,863,966.00 in company stock.

Percentage Held by Insiders

32.00% of the stock of Core Scientific is held by insiders. A high percentage of insider ownership can be a sign of company health.

CORZ Stock Analysis - Frequently Asked Questions

How have CORZ shares performed this year?

Core Scientific's stock was trading at $14.05 at the start of the year. Since then, CORZ stock has decreased by 11.5% and is now trading at $12.4350.
View the best growth stocks for 2025 here.

How were Core Scientific's earnings last quarter?

Core Scientific, Inc. (NASDAQ:CORZ) issued its earnings results on Wednesday, November, 6th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by $0.02. The firm earned $95.35 million during the quarter, compared to analysts' expectations of $94.80 million.

Who are Core Scientific's major shareholders?

Core Scientific's top institutional shareholders include ORG Wealth Partners LLC (3.22%), Van ECK Associates Corp (0.73%), IMC Chicago LLC and Exchange Traded Concepts LLC (0.23%). Insiders that own company stock include Darin Feinstein, Adam Taylor Sullivan, Todd M Duchene, Denise Marie Brucia Sterling, Yadin Rozov, Jarrod M Patten 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.

What other stocks do shareholders of Core Scientific own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Core Scientific investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 1/30/2025
• Next Earnings (Estimated): 3/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:CORZ
• CUSIP: N/A
• CIK: 1839341
• Web: www.xpdispac.com
• Phone: 312-262-5642
• Fax: N/A
• Employees: 200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $19.07
• High Stock Price Target: $25.50
• Low Stock Price Target: $14.50
• Potential Upside/Downside: +66.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.06
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 22.92
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $557.68 million
• Price / Sales: 5.74
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 279,253,000
• Free Float: 189,892,000
• Market Cap: $3.20 billion
• Optionable: Optionable
• Beta: N/A