Core Scientific, Inc. (CORZ)

US — Technology Sector
Peers: BLSH  S  SOUN  INFA  FOUR  CFLT  DBX  WIX  KVYO 

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Key Metrics & Ratings

  • symbol CORZ
  • Rev/Share 1.049
  • Book/Share -3.5408
  • PB -4.7701
  • Debt/Equity -0.9389
  • CurrentRatio 1.584
  • ROIC -0.1072

 

  • MktCap 5236935357.0
  • FreeCF/Share -1.0805
  • PFCF -15.215
  • PE -7.0031
  • Debt/Assets 0.4612
  • DivYield 0
  • ROE 0.9621

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade CORZ H.C. Wainwright Neutral Buy -- $25 Oct. 28, 2025
Upgrade CORZ Roth Capital Neutral Buy -- $23.5 Oct. 23, 2025
Upgrade CORZ B. Riley Securities Neutral Buy -- $30 Oct. 22, 2025
Resumed CORZ Compass Point -- Buy -- -- Sept. 15, 2025
Initiation CORZ Arete -- Buy -- $20 July 22, 2025
Initiation CORZ Citizens JMP -- Mkt Outperform -- $15 May 22, 2025
Initiation CORZ Keefe Bruyette -- Outperform -- $22 Jan. 27, 2025
Initiation CORZ Craig Hallum -- Buy -- $24 Jan. 21, 2025
Initiation CORZ Macquarie -- Outperform -- $16 Sept. 25, 2024
Initiation CORZ Canaccord Genuity -- Buy -- $16 Sept. 23, 2024

News

CRWV Acquiring CORZ in $9B All-Stock Deal, Debt Offers Headwind
CORZ, CRWV
Published: July 07, 2025 by: Schwab Network
Sentiment: Neutral

Following recent reports of a merger, CoreWeave (CRWV) has confirmed its acquisition of Core Scientific (CORZ). Both stocks sold off on the headline.

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image for news CRWV Acquiring CORZ in $9B All-Stock Deal, Debt Offers Headwind
CoreWeave to acquire Core Scientific in $9 billion all-stock deal
CORZ, CRWV
Published: July 07, 2025 by: CNBC
Sentiment: Positive

Artificial intelligence cloud infrastructure provider CoreWeave said Monday it plans to buy Core Scientific, a data center infrastructure operator. It is an all-stock deal valued at approximately $9 billion.

Read More
image for news CoreWeave to acquire Core Scientific in $9 billion all-stock deal
CoreWeave acquires data center provider Core Scientific in $9B stock deal
CORZ, CRWV
Published: July 07, 2025 by: TechCrunch
Sentiment: Positive

CoreWeave announced Monday that it signed a $9 billion all-stock deal to acquire Core Scientific, a data center infrastructure provider.

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image for news CoreWeave acquires data center provider Core Scientific in $9B stock deal
Shareholder Alert: The Ademi Firm investigates whether Core Scientific, Inc. is obtaining a Fair Price for its Public Shareholders
CORZ
Published: July 07, 2025 by: PRNewsWire
Sentiment: Neutral

MILWAUKEE , July 7, 2025 /PRNewswire/ -- The Ademi Firm is investigating Core Scientific (NASDAQ: CORZ) for possible breaches of fiduciary duty and other violations of law in its transaction with CoreWeave. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995.

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image for news Shareholder Alert: The Ademi Firm investigates whether Core Scientific, Inc. is obtaining a Fair Price for its Public Shareholders
Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping
CORZ, CRWV
Published: July 07, 2025 by: Market Watch
Sentiment: Negative

The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific's business and potential.

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image for news Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping
CoreWeave to acquire Core Scientific for $9B in all-stock deal
CORZ, CRWV
Published: July 07, 2025 by: Proactive Investors
Sentiment: Negative

CoreWeave (NASDAQ:CRWV), an AI hyperscaler, announced that it will acquire data center infrastructure provider Core Scientific (NASDAQ:CORZ) in an all-stock deal valued at approximately $9 billion. Shares of both companies fell on the announcement, with CoreWeave down 2.3% at $161 and Core Scientific down 15.9% at $15.

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image for news CoreWeave to acquire Core Scientific for $9B in all-stock deal
CoreWeave, Core Scientific Shares Slide on $9B Acquisition Deal
CORZ, CRWV
Published: July 07, 2025 by: Investopedia
Sentiment: Neutral

CoreWeave (CRWV) reached an agreement to acquire longtime data center partner Core Scientific (CORZ) in an all-stock deal worth roughly $9 billion, the company said Monday.

Read More
image for news CoreWeave, Core Scientific Shares Slide on $9B Acquisition Deal
CoreWeave to acquire Core Scientific in $9 billion all-stock deal
CORZ, CRWV
Published: July 07, 2025 by: CNBC
Sentiment: Positive

Artificial intelligence hyperscaler CoreWeave said Monday it will acquire Core Scientific, a leading data center infrastructure provider. It is an all-stock deal valued at approximately $9 billion.

Read More
image for news CoreWeave to acquire Core Scientific in $9 billion all-stock deal
CoreWeave Stock Falls. It's Finally Buying Core Scientific.
CORZ, CRWV
Published: July 07, 2025 by: Barrons
Sentiment: Negative

CoreWeave leases data center space from Core Scientific and previously tried to acquire the company last year.

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image for news CoreWeave Stock Falls. It's Finally Buying Core Scientific.
CoreWeave in advanced talks to acquire Core Scientific following rejected bid: report
CORZ, CRWV
Published: June 27, 2025 by: Proactive Investors
Sentiment: Positive

CoreWeave (NASDAQ:CRWV) is in active negotiations to acquire Core Scientific (NASDAQ:CORZ), a bitcoin mining and hosting company, according to a Wall Street Journal report. The report, which cited people familiar with the matter, follows a previously rejected bid by CoreWeave to acquire Core Scientific for $5.75 per share, valuing the company at more than $1 billion.

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image for news CoreWeave in advanced talks to acquire Core Scientific following rejected bid: report
Core Scientific, Inc. (CORZ) Moves 33.0% Higher: Will This Strength Last?
CORZ
Published: June 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Core Scientific, Inc. (CORZ) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Read More
image for news Core Scientific, Inc. (CORZ) Moves 33.0% Higher: Will This Strength Last?
CoreWeave in talks to buy Core Scientific, WSJ reports
CORZ, CRWV
Published: June 26, 2025 by: Reuters
Sentiment: Neutral

CoreWeave is in talks to buy Core Scientific and a transaction could be finalized in the coming weeks, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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image for news CoreWeave in talks to buy Core Scientific, WSJ reports
CoreWeave in Talks to Buy Core Scientific
CORZ, CRWV
Published: June 26, 2025 by: WSJ
Sentiment: Neutral

CoreWeave last year tried to acquire Core Scientific for $5.75 a share, which at the time valued the business at north of $1 billion. Core Scientific rejected the proposal as too low.

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image for news CoreWeave in Talks to Buy Core Scientific
From Mining To Megawatts -- Core Scientific's High-Density Strategy Unfolds
CORZ
Published: May 29, 2025 by: Seeking Alpha
Sentiment: Neutral

Core Scientific is executing a successful transition from Bitcoin mining to high-density AI colocation infrastructure. Take-or-pay agreements confirmed, eliminating concerns about cancellation risk or dependency on fluctuating AI demand. Enterprise AI demand emerging as a major growth driver; pipeline includes 50–100MW prospects beyond CoreWeave.

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image for news From Mining To Megawatts -- Core Scientific's High-Density Strategy Unfolds
Core Scientific Appoints Elizabeth Crain to Board of Directors
CORZ
Published: May 16, 2025 by: Business Wire
Sentiment: Neutral

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced the appointment of Elizabeth Crain to its Board of Directors, effective immediately. Ms. Crain will also serve as the Chair of the Company's Audit Committee. Ms. Crain brings over 30 years of experience in investment banking, private equity, and executive leadership. She is a Co-Founder and former Chief Operating.

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image for news Core Scientific Appoints Elizabeth Crain to Board of Directors
Core Scientific, Inc. (CORZ) Q1 2025 Earnings Call Transcript
CORZ
Published: May 07, 2025 by: Seeking Alpha
Sentiment: Neutral

Core Scientific, Inc. (NASDAQ:CORZ ) Q1 2025 Results Conference Call May 7, 2025 4:30 PM ET Company Participants Jon Charbonneau - Vice President, Investor Relations Adam Sullivan - CEO, President & Director Matt Brown - Chief Operating Officer Jim Nygaard - Chief Financial Officer Conference Call Participants Joe Flynn - Compass Point Research Brett Knoblauch - Cantor Fitzgerald Darren Aftahi - Roth MKM Nick Giles - B Riley John Todaro - Needham & Company Kevin Dede - H.C. Wainwright Paul Golding - Macquarie Capital Bill Papanastasiou - Keefe, Bruyette, & Woods Operator Good day, ladies and gentlemen, and welcome to …

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image for news Core Scientific, Inc. (CORZ) Q1 2025 Earnings Call Transcript
Core Scientific, Inc. (CORZ) Reports Q1 Loss, Misses Revenue Estimates
CORZ
Published: May 07, 2025 by: Zacks Investment Research
Sentiment: Negative

Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $0.19 per share a year ago.

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image for news Core Scientific, Inc. (CORZ) Reports Q1 Loss, Misses Revenue Estimates
Analysts Estimate Core Scientific, Inc. (CORZ) to Report a Decline in Earnings: What to Look Out for
CORZ
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Negative

Core Scientific, Inc. (CORZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Analysts Estimate Core Scientific, Inc. (CORZ) to Report a Decline in Earnings: What to Look Out for
Core Scientific, Inc. (CORZ) Surges 5.3%: Is This an Indication of Further Gains?
CORZ
Published: April 03, 2025 by: Zacks Investment Research
Sentiment: Positive

Core Scientific, Inc. (CORZ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Read More
image for news Core Scientific, Inc. (CORZ) Surges 5.3%: Is This an Indication of Further Gains?
Chain Reaction's Disruptive ASIC Technologies Enable Innovations with Industry-Leading Customers and Partners for Next-Generation Bitcoin Mining
CORZ
Published: March 24, 2025 by: GlobeNewsWire
Sentiment: Neutral

SAN JOSE, Calif., March 24, 2025 (GLOBE NEWSWIRE) -- Chain Reaction, a semiconductor leader in next-generation Bitcoin mining and privacy-enhancing technology for encrypted AI computing, announces the launch of its 3nm EL3CTRUM A31 ASIC targeting sub-10 J/TH for high-efficiency operation. The product sets a new benchmark for modularity and customizability in large-scale Bitcoin mining.

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image for news Chain Reaction's Disruptive ASIC Technologies Enable Innovations with Industry-Leading Customers and Partners for Next-Generation Bitcoin Mining
Core Scientific, Inc. (CORZ) Q4 2024 Earnings Call Transcript
CORZ
Published: February 26, 2025 by: Seeking Alpha
Sentiment: Neutral

Core Scientific, Inc. (NASDAQ:CORZ ) Q4 2024 Earnings Call Transcript February 26, 2025 4:30 PM ET Company Participants Jon Charbonneau - Vice President, Investor Relations Adam Sullivan - CEO, President & Director Denise Sterling - Chief Financial Officer Conference Call Participants Darren Aftahi - Roth MKM Jon Petersen - Jefferies Joe Flynn - Compass Point Research Brett Knoblauch - Cantor Fitzgerald Greg Lewis - BTIG George Sutton - Craig Hallum Stephen Glagola - JonesTrading John Todaro - Needham & Company Kevin Dede - H.C. Wainwright Nick Giles - B Riley Joseph Vafi - Canaccord Genuity Bill Papanastasiou - Stifel Rosemarie …

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image for news Core Scientific, Inc. (CORZ) Q4 2024 Earnings Call Transcript
Core Scientific, Inc. (CORZ) Reports Q4 Loss, Tops Revenue Estimates
CORZ
Published: February 26, 2025 by: Zacks Investment Research
Sentiment: Negative

Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.20 per share a year ago.

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image for news Core Scientific, Inc. (CORZ) Reports Q4 Loss, Tops Revenue Estimates

About Core Scientific, Inc. (CORZ)

  • IPO Date 2024-01-24
  • Website https://www.corescientific.com
  • Industry Software - Infrastructure
  • CEO Adam Sullivan
  • Employees 325

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. On December 21, 2022, Core Scientific, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.