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Core Scientific (CORZ) Stock Forecast & Price Target

$4.96
+0.14 (+2.90%)
(As of 04:00 PM ET)

Core Scientific - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 2 Analyst Ratings

Consensus Price Target

$6.75
36.09% Upside
High Forecast$8.50
Average Forecast$6.75
Low Forecast$5.00
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Buy
Buy
Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
7 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$6.75$6.75$6.75$6.28
Forecasted Upside36.09% Upside112.26% Upside104.86% Upside166.85% Upside
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CORZ Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CORZ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Core Scientific Stock vs. The Competition

TypeCore ScientificFinance CompaniesS&P 500
Consensus Rating Score
3.00
2.44
2.49
Consensus RatingBuyHoldHold
Predicted Upside37.76% Upside55.49% Upside9.93% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/13/2024HC Wainwright
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K. Dede
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Reiterated RatingBuy ➝ Buy$5.00+55.76%
1/31/2024Compass Point
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 UpgradeNeutral ➝ Buy$1.00 ➝ $8.50+169.84%
11/3/2022DA Davidson
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C. Brendler
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DowngradeBuy ➝ Neutral
10/28/2022B. Riley
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L. Pipes
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DowngradeBuy ➝ Neutral
10/28/2022Barclays
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 DowngradeOverweight ➝ Equal Weight
10/28/2022Chardan Capital
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 DowngradeBuy ➝ Neutral
10/27/2022BTIG Research
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 DowngradeBuy ➝ Neutral
9/16/2022Cowen
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 Lower TargetOutperform$4.00 ➝ $3.75+86.57%
5/31/2022LADENBURG THALM/SH SH
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 Lower TargetBuy$18.75 ➝ $15.00+306.50%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:46 PM ET.

CORZ Frequently Asked Questions

What is Core Scientific's stock forecast and purchase recommendation?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Core Scientific is $6.75, with a high forecast of $8.50 and a low forecast of $5.00. The consensus rating for Core Scientific stock is Buy based on the current 2 buy ratings for CORZ. Learn more on CORZ's analyst rating history.

Do Wall Street analysts like Core Scientific more than its competitors?

Analysts like Core Scientific more than other "finance" companies. The consensus rating for Core Scientific is Buy while the average consensus rating for "finance" companies is Hold. Learn more on how CORZ compares to other companies.

Does Core Scientific's stock price have much upside?

According to analysts, Core Scientific's stock has a predicted upside of 112.26% based on their 12-month stock forecasts.

What analysts cover Core Scientific?

Core Scientific has been rated by research analysts at HC Wainwright in the past 90 days.


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This page (NASDAQ:CORZ) was last updated on 5/28/2024 by MarketBeat.com Staff

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