S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
REV Group Shifts Into High Gear: Double-Digit Upside Ahead
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
REV Group Shifts Into High Gear: Double-Digit Upside Ahead
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
REV Group Shifts Into High Gear: Double-Digit Upside Ahead
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
Stock market today: European shares slip, Asian shares higher after Wall St's return to bull market
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
REV Group Shifts Into High Gear: Double-Digit Upside Ahead
NASDAQ:CORZ

Core Scientific (CORZ) Stock Forecast, Price & News

$0.37
+0.01 (+2.78%)
(As of 06/8/2023 ET)
Compare
Today's Range
$0.35
▼
$0.37
50-Day Range
$0.28
▼
$0.46
52-Week Range
$0.05
▼
$11.55
Volume
376,455 shs
Average Volume
11.62 million shs
Market Capitalization
$132.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.54
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Core Scientific MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
1,125.9% Upside
$4.54 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From $0.14 to ($0.50) Per Share

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 stars

Business Services Sector

294th out of 332 stocks

Data Processing & Preparation Industry

51st out of 63 stocks

See Top Rated MarketRank™ Stocks Here

CORZ stock logo

About Core Scientific (NASDAQ:CORZ) Stock

Core 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.

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CORZ Stock News Headlines

May 19, 2023 | americanbankingnews.com
Contrasting Core Scientific (NASDAQ:CORZ) and Beyond Commerce (OTCMKTS:BYOC)
April 3, 2023 | americanbankingnews.com
Critical 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 Supercycle
More 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.com
Core Scientific, Inc. (CORZQ)
March 8, 2023 | benzinga.com
Core Scientific Announces February 2023 Production and Operations Updates
February 24, 2023 | seekingalpha.com
CORZQ Core Scientific, Inc.
January 17, 2023 | finance.yahoo.com
Core Scientific Announces November and December 2022 Updates
January 13, 2023 | benzinga.com
CLASS ACTION UPDATE for CORZ, IREN and TWST: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
June 9, 2023 | Edge On The Street (Ad)
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle
More 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.com
Final Deadline Alert - Bronstein, Gewirtz & Grossman, LLC Reminds Core Scientific Inc. (CORZ) Investors of Class Action and to Actively Participate
January 12, 2023 | benzinga.com
Breaking News for Core Scientific, Inc. Investors: Lawsuit filed on behalf of investors; Portnoy Law Firm
January 11, 2023 | tmcnet.com
CORE SCIENTIFIC DEADLINE ALERT: Bragar Eagel & Squire, P.…
January 11, 2023 | wsj.com
FRIDAY DEADLINE: Core Scientific Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - CORZ; CORZW
January 10, 2023 | wsj.com
FRIDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm
January 10, 2023 | wsj.com
DEADLINE THIS FRIDAY: Investors in Core Scientific Inc. with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - CORZ; CORZW
January 9, 2023 | benzinga.com
FRIDAY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm
January 9, 2023 | benzinga.com
Deadline Alert - Bronstein, Gewirtz & Grossman, LLC Reminds Core Scientific Inc. (CORZ) Investors of Class Action and to Actively Participate
January 6, 2023 | benzinga.com
7-DAY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm
December 29, 2022 | benzinga.com
Core Scientific's Return On Capital Employed Overview
December 28, 2022 | benzinga.com
CLASS ACTION UPDATE for CORZ, GPS and SI: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
December 22, 2022 | benzinga.com
Why Core Scientific Shares Are Ripping Higher A Day After Filing For Bankruptcy
December 22, 2022 | seekingalpha.com
Core Scientific stock surges a day after filing for Chapter 11 bankruptcy
December 22, 2022 | news.yahoo.com
U.S. crypto miner Core Scientific files for Chapter 11 bankruptcy, continues to mine Bitcoin
December 21, 2022 | finance.yahoo.com
Sam Bankman-Fried agrees to return to U.S. to face criminal charges
December 21, 2022 | msn.com
CORZ Stock Plummets as Core Scientific Files for Chapter 11 Bankruptcy
December 21, 2022 | msn.com
CORZ Stock Plummets as Core Scientific Files for Chapter 11 Bankruptcy
December 21, 2022 | msn.com
Core Scientific files for bankruptcy as crypto winter bites
See More Headlines

CORZ Price History

CORZ Company Calendar

Today
6/08/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Data processing & preparation
Sub-Industry
N/A
Sector
Business Services
Current Symbol
NASDAQ:CORZ
CUSIP
N/A
CIK
1839341
Web
www.xpdispac.com
Phone
312-262-5642
Fax
N/A
Employees
118
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-32,500,000.00
Net Margins
N/A
Pretax Margin
-624.40%
Return on Equity
-8.58%
Return on Assets
-2.58%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.17
Quick Ratio
0.17

Sales & Book Value

Annual Sales
$276.38 million
Price / Sales
0.48
Cash Flow
$37.00 per share
Price / Cash Flow
0.01
Book Value
$32.56 per share
Price / Book
0.01

Miscellaneous

Outstanding Shares
357,295,000
Free Float
242,961,000
Market Cap
$132.20 million
Optionable
Optionable
Beta
1.87

Key Executives

  • Mr. Michael Jeffrey Levitt Esq. (Age 64)
    Co-Founder, Co-Chairman & CEO
    Comp: $46.24k
  • Mr. Darin Feinstein (Age 49)
    Co-Founder, Chief Vision Officer & Co-Chairman
    Comp: $60k
  • Mr. Todd M. DuChene (Age 58)
    Pres & Chief Legal Officer
    Comp: $799.51k
  • Ms. Denise Sterling (Age 57)
    Exec. VP, CFO & Principal Accounting Officer
  • Mr. Kyle Buckett
    Exec. VP of Corp. Operations
  • Mr. Steven A. Gitlin
    Sr. VP of Investor Relations
  • Ms. Sharon Orlopp
    Chief HR Officer
  • Mr. Ian Ferreira
    Chief Product Officer AI
  • Mr. Jeff Taylor
    Sr. VP & Chief Information Security Officer
  • Mr. James Cleveland
    Chief Power & Bus. Devel. Officer

Key Competitors

View All Competitors

Institutional Ownership

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

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