Core Scientific, Inc. — News

I'm rating Core Scientific a Strong Buy with a price target of $28, implying a 40% upside potential. My main growth drivers are the CoreWeave ramp, the AMD Phase 1 contract, additional power monetization, and the mix shift away from bitcoin mining. Together, these drivers support my estimate of about $1.2 billion in potential 2028 EBITDA before applying a conservative adjustment for corporate costs and execution risk.

seekingalpha.com - 2026-08-04 02:36:43

Shares of Core Scientific, Inc. (NASDAQ: CORZZ - Get Free Report) rose 7% during trading on Monday. The stock traded as high as $22.85 and last traded at $22.64. 10,884 shares traded hands during trading, a decline of 36% from the average session volume of 16,907 shares. The stock had previously closed at $21.16. Core

defenseworld.net - 2026-08-04 02:03:38

Core Scientific, Inc. (NASDAQ: CORZ - Get Free Report)'s share price shot up 22.9% during mid-day trading on Thursday after Keefe, Bruyette and Woods upgraded the stock from a market perform rating to an outperform rating. Keefe, Bruyette and Woods now has a $28.00 price target on the stock, up from their previous price target of

defenseworld.net - 2026-07-31 03:45:49

Anson Funds Management LP purchased a new stake in shares of Core Scientific, Inc. (NASDAQ: CORZ) in the first quarter, according to its most recent filing with the SEC. The firm purchased 306,000 shares of the company's stock, valued at approximately $4,578,000. Anson Funds Management LP owned 0.10% of Core Scientific at the

defenseworld.net - 2026-07-30 04:31:21

Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), t

gurufocus.com - 2026-07-29 06:00:00

MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced the appointment of Mark W. Adams to its Board of Directors, effective immediately. With the addition of Mr. Adams, Core Scientific's Board will expand to seven directors.Mr. Adams brings over three decades of technology leadership experience across the AI infrastructure, semiconductors, storage, digital media, a.

businesswire.com - 2026-07-29 05:50:00

Core Scientific, Inc. (CORZ) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-07-28 16:03:08

Core Scientific NASDAQ: CORZ said it has entered a commercial partnership with AMD covering up to 2.5 gigawatts of data center capacity, beginning with approximately 530 megawatts across five campuses under 15-year agreements.

marketbeat.com - 2026-07-28 10:05:55

Core Scientific, Inc. (CORZ) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to a loss of $0.04 per share a year ago.

zacks.com - 2026-07-28 09:50:26

For years, Core Scientific Inc. (NASDAQ:CORZ) traded as one of Wall Street's largest publicly listed Bitcoin (CRYPTO:$BTC) miners. Tuesday's earnings report suggests investors may need to stop thinking about it that way.

benzinga.com - 2026-07-28 09:05:37

Core Scientific announces a partnership with AMD for 2.5 gigawatts of data-center capacity which could bring more than $14 billion in contracted revenue.

barrons.com - 2026-07-28 08:32:00

Core Scientific ​signed a ‌deal with AMD , ​under which ​the chip firm ⁠will ​secure up ​to 2.5 gigawatts of ​data ​center capacity to ‌support ⁠customer deployments of its AI ​systems, ​the ⁠companies said ​on ​Tuesday.

reuters.com - 2026-07-28 07:08:20

MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services (“HDC”), today announced financial results for the second quarter ended June 30, 2026. Recent Business Developments Announced a partnership with AMD with the potential to support up to 2.5 GW of leasable capacity, anchored by 15-year agreements for approximately 530 MW across five sites and more than $14 billion of potential base contracted revenue. Increased tot.

businesswire.com - 2026-07-28 07:05:00

MIAMI & SANTA CLARA, Calif.--(BUSINESS WIRE)--Core Scientific (NASDAQ: CORZ) and AMD (NASDAQ: AMD) today announced a partnership to shape the future of AI infrastructure, with AMD to secure up to 2.5 gigawatts of data center capacity to support end customer deployments of AMD AI solutions. As part of the agreement, Core Scientific and AMD will collaborate on physical infrastructure design and the deployment of AMD Instinct™ GPUs, EPYC™ CPUs, and ROCm™ software. As AI demand continues to acceler.

businesswire.com - 2026-07-28 07:00:00

The pundit in question now feels the shares only rate a hold. He's discouraged by the lack of dynamism in colocation deals.

fool.com - 2026-07-27 17:43:03

Shares of AI infrastructure names are bouncing hard in early Monday trading, led by IREN (NASDAQ:IREN), up 17% to $39.28.

247wallst.com - 2026-07-20 09:47:40

Bitcoin miners spent the past decade building out cheap electricity and heavy-duty power infrastructure. Now, some of the biggest artificial intelligence (AI) companies in the world are paying billions of dollars to use it.

etftrends.com - 2026-07-15 15:28:53

Core Scientific is an electric power contractor for data centers. The company is growing quickly with AI, but is currently burning cash.

fool.com - 2026-07-14 16:10:50

One trillion dollars. That is the scale of institutional capital that spot crypto ETFs, tokenized securities, and corporate treasuries are gradually pulling toward Bitcoin and its adjacent markets. This number also represents the kind of move that would reset Bitcoin from a speculative allocation to a portfolio staple. Now trading around $61,500 per token, Bitcoin... Bitcoin's Next $1 Trillion Move Could Change Crypto Forever

247wallst.com - 2026-07-09 13:06:48

Core Scientific is transitioning from a volatile Bitcoin miner to a high-density AI colocation provider with long-duration, contracted revenue streams. Q1 2026 results show colocation revenue surged to $77.5M, now the dominant segment, with gross profit margins of 57% and a multi-gigawatt power pipeline. The expanded CoreWeave partnership validates CORZ's AI infrastructure pivot, supporting $10B+ in contracted revenue and 590MW leased, with further upside from pipeline conversion.

seekingalpha.com - 2026-07-04 23:59:01

"A rising tide lifts all boats" is a popular piece of market jargon, but you can see why it sticks during rallies like the AI gold rush. Anyone and everyone is trying to get into the data center game today, including some former Bitcoin miners strategically pivoting to the next big thing.

marketbeat.com - 2026-06-22 10:10:51

Several ​large data centers and crypto facilities planning to connect to the Texas power grid ahead of ‌peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator.

reuters.com - 2026-06-05 12:53:23

Bitcoin prices fell this week after cryptocurrency treasury company Strategy revealed it sold a small amount of its bitcoin holding. Traders on prediction market Kalshi think it's likely that the cryptocurrency will fall below $60,000, which would mark a new low in 2026.

cnbc.com - 2026-06-03 11:35:46

If you're not familiar with the name Leopold Aschenbrenner, you should be.

forbes.com - 2026-06-01 16:30:06

Core Scientific NASDAQ: CORZ is focused on expanding five new data center sites under development, diversifying its customer base and positioning itself to win long-term artificial intelligence infrastructure contracts, CEO Adam Sullivan said at the 54th Annual TD Cowen TMT Conference.

marketbeat.com - 2026-05-29 03:05:45

Leopold Aschenbrenner, known as one of the youngest billionaires and a former member of the OpenAI research team, has just disclosed one of his largest stock positions yet.

finbold.com - 2026-05-28 06:41:05

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced the appointment of Steve Smith to its Board of Directors, effective immediately. Mr. Smith will also serve on the Company's Nominating and Corporate Governance Committee. Mr. Smith brings over 35 years of leadership experience in the data center, digital infrastructure and technology industries. He is c.

businesswire.com - 2026-05-26 07:00:00

Core Scientific Inc. (NASDAQ: CORZ) stock is climbing on Thursday, maintaining strong bullish momentum.

feeds.benzinga.com - 2026-05-21 12:28:22

Leopold Aschenbrenner, one of the youngest billionaire investors and a former OpenAI researcher, has revealed updated holdings for his Situational Awareness Fund.

finbold.com - 2026-05-18 08:58:16

Core Scientific (CORZ) offers a more attractive risk/reward profile than Applied Digital (APLD) due to its larger, immediately leasable power capacity and faster delivery schedule. CORZ is set to deliver 590 MW to CoreWeave over 12 months, with 243 MW already being billed and the remainder expected ahead of APLD's timeline. APLD's near-term upside is limited, with most capacity set for delivery further out, while trading at a premium 23x FY27 sales versus CORZ's 14x CY26 sales.

seekingalpha.com - 2026-05-15 11:14:51

There's another set of artificial intelligence plays hidden in plain sight. And their roots are in crypto.

investopedia.com - 2026-05-14 13:21:33

CORZ has executed a brilliant reversal from the prior bankruptcy in 2022, as they deliver a successful diversification across bitcoin mining and HPC operations. Their FQ1 '26 results show colocation revenue up +801% YoY with notable gross margin expansion, and further top/bottom-line outperformance is likely as they ramp up their power capacity. Despite the recent rally and the elevated EV/Sales of 13.55x, CORZ's expanding power capacity of up to 3 GW supports their compelling high-growth prospects, pending new customer agreements.

seekingalpha.com - 2026-05-14 11:00:31

Core Scientific Inc. (NASDAQ:CORZ) is proving that a strategic business pivot can easily outweigh a short-term earnings hiccup with its stock's rising Benzinga Edge momentum score.

benzinga.com - 2026-05-08 08:33:20

U.S. stock futures rose on Thursday after Wednesday's record rally. This followed President Donald Trump's celebration of record stock market gains.

feeds.benzinga.com - 2026-05-07 09:04:43

Core Scientific, Inc. (CORZ) Q1 2026 Earnings Call Transcript

seekingalpha.com - 2026-05-06 23:51:15

While the top- and bottom-line numbers for Core Scientific, Inc. (CORZ) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

zacks.com - 2026-05-06 20:02:08

Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to a loss of $0.1 per share a year ago.

zacks.com - 2026-05-06 19:31:04

Core Scientific Inc. (NASDAQ:CORZ) reported first-quarter results after Wednesday's closing bell, missing EPS estimates. Here's a look at the details inside the report.

benzinga.com - 2026-05-06 17:30:48

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services (“HDC”), today announced financial results for the first quarter of 2026. “Core Scientific is differentiated by our ability to combine capital readiness with speed to delivery,” said Adam Sullivan, Chief Executive Officer of Core Scientific. “We are investing ahead of contracts, advancing ready-for-service dates and moving development forward across multi.

businesswire.com - 2026-05-06 16:05:00

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced a multi-tiered strategy to scale its Muskogee, Oklahoma campus to approximately 1.5 gigawatt (“GW”) of gross power, or approximately 1.0 GW of leasable power. As part of this strategy, Core Scientific has entered into an agreement to acquire Polaris DS LLC, which has contracted 440 megawatts (“MW”) of g.

businesswire.com - 2026-05-06 07:30:00