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NASDAQ:CORZ

Core Scientific (CORZ) Stock Price, News & Analysis

$10.21
+0.80 (+8.50%)
(As of 07/26/2024 ET)
Today's Range
$9.49
$10.23
50-Day Range
$3.70
$11.70
52-Week Range
$2.61
$12.25
Volume
9.42 million shs
Average Volume
7.42 million shs
Market Capitalization
$1.82 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.71

Core Scientific MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
44.1% Upside
$14.71 Price Target
Short Interest
Bearish
22.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.83mentions of Core Scientific in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$106,406 Sold Last Quarter
Proj. Earnings Growth
-41.18%
From $0.51 to $0.30 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.

3.19 out of 5 stars

Finance Sector

431st out of 898 stocks

Nondepository Credit Institutions Industry

20th out of 53 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

Core Scientific (NASDAQ:CORZ) Shares Down 1.7%
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Core Scientific (NASDAQ:CORZ) Sees Strong Trading Volume
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/26/2024
Next Earnings (Estimated)
8/14/2024
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
$14.71
High Stock Price Target
$20.00
Low Stock Price Target
$8.50
Potential Upside/Downside
+50.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$502.40 million

Miscellaneous

Free Float
120,892,000
Market Cap
$1.74 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 at the beginning of 2024. Since then, CORZ shares have increased by 604.1% and is now trading at $10.21.
View the best growth stocks for 2024 here
.

How were Core Scientific's earnings last quarter?

Core Scientific, Inc. (NASDAQ:CORZ) issued its quarterly earnings results on Wednesday, May, 8th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.14. The firm had revenue of $179.29 million for the quarter, compared to the consensus estimate of $139.60 million.

Who are Core Scientific's major shareholders?

Top institutional investors of Core Scientific include Bank of New York Mellon Corp (0.38%), Cambridge Investment Research Advisors Inc. (0.14%), SG Americas Securities LLC (0.11%) and ORG Partners LLC (0.05%). Insiders that own company stock include Darin Feinstein, Todd M Duchene, 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 7/26/2024 by MarketBeat.com Staff

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