NASDAQ:CORZ Core Scientific (CORZ) Stock Forecast, Price & News $0.37 +0.01 (+2.78%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$0.35▼$0.3750-Day Range$0.28▼$0.4652-Week Range$0.05▼$11.55Volume376,455 shsAverage Volume11.62 million shsMarket Capitalization$132.20 millionP/E RatioN/ADividend YieldN/APrice Target$4.54 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Core Scientific MarketRank™ ForecastAnalyst RatingHold2.22 Rating ScoreUpside/Downside1,125.9% Upside$4.54 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthDecreasingFrom $0.14 to ($0.50) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.53 out of 5 starsBusiness Services Sector294th out of 332 stocksData Processing & Preparation Industry51st out of 63 stocks 3.1 Analyst's Opinion Consensus RatingCore Scientific has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.54, Core Scientific has a forecasted upside of 1,125.9% from its current price of $0.37.Amount of Analyst CoverageCore Scientific has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CORZ. Previous Next 0.0 Dividend Strength Dividend YieldCore Scientific does not currently pay a dividend.Dividend GrowthCore Scientific does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CORZ. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 2 people have searched for CORZ on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Core Scientific to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Core Scientific insiders have not sold or bought any company stock.Percentage Held by Insiders32.00% of the stock of Core Scientific is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 24.95% of the stock of Core Scientific is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Core Scientific are expected to decrease in the coming year, from $0.14 to ($0.50) per share.Price to Book Value per Share RatioCore Scientific has a P/B Ratio of 0.01. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Core Scientific (NASDAQ:CORZ) StockCore Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services. The company mines digital assets for its own account and provides hosting colocation services for other large-scale miners. It operates in two segments, Equipment Sales and Hosting. The company owns and operates computer equipment that is used to process transactions conducted on one or more blockchain networks in exchange for transaction processing fees rewarded in digital currency assets, commonly referred to as mining; and datacenter facilities to provide colocation and hosting services for distributed ledger technology, also commonly known as blockchain. It also develops blockchain-based platforms and applications, including infrastructure management, security technologies, mining optimization, and recordkeeping. The company is headquartered in Austin, Texas.Read More Receive CORZ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Core Scientific and its competitors with MarketBeat's FREE daily newsletter. Email Address CORZ Stock News HeadlinesMay 19, 2023 | americanbankingnews.comContrasting Core Scientific (NASDAQ:CORZ) and Beyond Commerce (OTCMKTS:BYOC)April 3, 2023 | americanbankingnews.comCritical Survey: Core Scientific (NASDAQ:CORZ) versus Global Blue Group (NYSE:GB)June 9, 2023 | Edge On The Street (Ad)All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A SupercycleMore automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...March 22, 2023 | finance.yahoo.comCore Scientific, Inc. (CORZQ)March 8, 2023 | benzinga.comCore Scientific Announces February 2023 Production and Operations UpdatesFebruary 24, 2023 | seekingalpha.comCORZQ Core Scientific, Inc.January 17, 2023 | finance.yahoo.comCore Scientific Announces November and December 2022 UpdatesJanuary 13, 2023 | benzinga.comCLASS ACTION UPDATE for CORZ, IREN and TWST: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of ShareholdersJune 9, 2023 | Edge On The Street (Ad)All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A SupercycleMore automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...January 13, 2023 | benzinga.comFinal Deadline Alert - Bronstein, Gewirtz & Grossman, LLC Reminds Core Scientific Inc. (CORZ) Investors of Class Action and to Actively ParticipateJanuary 12, 2023 | benzinga.comBreaking News for Core Scientific, Inc. Investors: Lawsuit filed on behalf of investors; Portnoy Law FirmJanuary 11, 2023 | tmcnet.comCORE SCIENTIFIC DEADLINE ALERT: Bragar Eagel & Squire, P.…January 11, 2023 | wsj.comFRIDAY DEADLINE: Core Scientific Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - CORZ; CORZWJanuary 10, 2023 | wsj.comFRIDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the FirmJanuary 10, 2023 | wsj.comDEADLINE THIS FRIDAY: Investors in Core Scientific Inc. with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - CORZ; CORZWJanuary 9, 2023 | benzinga.comFRIDAY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the FirmJanuary 9, 2023 | benzinga.comDeadline Alert - Bronstein, Gewirtz & Grossman, LLC Reminds Core Scientific Inc. (CORZ) Investors of Class Action and to Actively ParticipateJanuary 6, 2023 | benzinga.com7-DAY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the FirmDecember 29, 2022 | benzinga.comCore Scientific's Return On Capital Employed OverviewDecember 28, 2022 | benzinga.comCLASS ACTION UPDATE for CORZ, GPS and SI: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of ShareholdersDecember 22, 2022 | benzinga.comWhy Core Scientific Shares Are Ripping Higher A Day After Filing For BankruptcyDecember 22, 2022 | seekingalpha.comCore Scientific stock surges a day after filing for Chapter 11 bankruptcyDecember 22, 2022 | news.yahoo.comU.S. crypto miner Core Scientific files for Chapter 11 bankruptcy, continues to mine BitcoinDecember 21, 2022 | finance.yahoo.comSam Bankman-Fried agrees to return to U.S. to face criminal chargesDecember 21, 2022 | msn.comCORZ Stock Plummets as Core Scientific Files for Chapter 11 BankruptcyDecember 21, 2022 | msn.comCORZ Stock Plummets as Core Scientific Files for Chapter 11 BankruptcyDecember 21, 2022 | msn.comCore Scientific files for bankruptcy as crypto winter bitesSee More Headlines CORZ Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CORZ Company Calendar Today6/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Data processing & preparation Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:CORZ CUSIPN/A CIK1839341 Webwww.xpdispac.com Phone312-262-5642FaxN/AEmployees118Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.54 High Stock Price Forecast$9.00 Low Stock Price Forecast$2.25 Forecasted Upside/Downside+1,125.9%Consensus RatingHold Rating Score (0-4)2.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-32,500,000.00 Net MarginsN/A Pretax Margin-624.40% Return on Equity-8.58% Return on Assets-2.58% Debt Debt-to-Equity RatioN/A Current Ratio0.17 Quick Ratio0.17 Sales & Book Value Annual Sales$276.38 million Price / Sales0.48 Cash Flow$37.00 per share Price / Cash Flow0.01 Book Value$32.56 per share Price / Book0.01Miscellaneous Outstanding Shares357,295,000Free Float242,961,000Market Cap$132.20 million OptionableOptionable Beta1.87 Key ExecutivesMr. Michael Jeffrey Levitt Esq. (Age 64)Co-Founder, Co-Chairman & CEO Comp: $46.24kMr. Darin Feinstein (Age 49)Co-Founder, Chief Vision Officer & Co-Chairman Comp: $60kMr. Todd M. DuChene (Age 58)Pres & Chief Legal Officer Comp: $799.51kMs. Denise Sterling (Age 57)Exec. VP, CFO & Principal Accounting Officer Mr. Kyle BuckettExec. VP of Corp. OperationsMr. Steven A. GitlinSr. VP of Investor RelationsMs. Sharon OrloppChief HR OfficerMr. Ian FerreiraChief Product Officer AIMr. Jeff TaylorSr. VP & Chief Information Security OfficerMr. James ClevelandChief Power & Bus. Devel. OfficerMore ExecutivesKey CompetitorsVeritoneNASDAQ:VERIMercurity FintechNASDAQ:MFHAcuityAdsNYSE:ATYAcuityAdsNASDAQ:ILLMDigihost TechnologyNASDAQ:DGHIView All CompetitorsInstitutional OwnershipBSW Wealth PartnersBought 100,075 shares on 5/16/2023Ownership: 0.028%Susquehanna International Group LLPSold 23,800 shares on 5/16/2023Ownership: 0.000%Belvedere Trading LLCSold 200 shares on 5/15/2023Ownership: 0.000%Group One Trading L.P.Sold 30,000 shares on 5/12/2023Ownership: 0.000%Cutler Group LLC CASold 100 shares on 5/1/2023Ownership: 0.000%View All Institutional Transactions CORZ Stock - Frequently Asked Questions Should I buy or sell Core Scientific stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core Scientific in the last twelve months. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CORZ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CORZ, but not buy additional shares or sell existing shares. View CORZ analyst ratings or view top-rated stocks. What is Core Scientific's stock price forecast for 2023? 9 brokers have issued twelve-month price objectives for Core Scientific's shares. Their CORZ share price forecasts range from $2.25 to $9.00. On average, they anticipate the company's share price to reach $4.54 in the next year. This suggests a possible upside of 1,125.9% from the stock's current price. View analysts price targets for CORZ or view top-rated stocks among Wall Street analysts. How have CORZ shares performed in 2023? Core Scientific's stock was trading at $0.0751 at the start of the year. Since then, CORZ shares have increased by 392.7% and is now trading at $0.37. View the best growth stocks for 2023 here. What is Core Scientific's stock symbol? Core Scientific trades on the NASDAQ under the ticker symbol "CORZ." Who are Core Scientific's major shareholders? Core Scientific's stock is owned by a variety of retail and institutional investors. Top institutional investors include BSW Wealth Partners (0.03%), Simplex Trading LLC (0.00%), Susquehanna International Group LLP (0.00%), Belvedere Trading LLC (0.00%), Group One Trading L.P. (0.00%) and Cutler Group LLC CA (0.00%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Core Scientific's stock price today? One share of CORZ stock can currently be purchased for approximately $0.37. How much money does Core Scientific make? Core Scientific (NASDAQ:CORZ) has a market capitalization of $132.20 million and generates $276.38 million in revenue each year. How many employees does Core Scientific have? The company employs 118 workers across the globe. How can I contact Core Scientific? Core Scientific's mailing address is 321 NORTH CLARK STREET SUITE 2440, CHICAGO IL, 60654. The official website for the company is www.xpdispac.com. The company can be reached via phone at 312-262-5642 or via email at https://investors.corescientific.com. This page (NASDAQ:CORZ) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Core Scientific, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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