Core Scientific/$CORZ
Core Scientific shares fell amid a broader AI-infrastructure sell-off as investors questioned returns on heavy AI spending, compounded by B. Riley cutting its price target.
17 hours agoLightyear AI
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Capital at risk
About Core Scientific
Core Scientific Inc is engaged in designing, building, and operating digital infrastructure for high-density colocation services and digital asset mining. The business operates in three operating segments: Digital Asset Self-Mining, consisting of performing digital asset mining for its own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and Colocation, consisting of providing high-density colocation services to third parties for AI / HPC operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment.
- Ticker
- $CORZ
- Sector
- Software & Cloud Services
- Primary listing
- NASDAQ
- Employees
- 325
- Headquarters
- Dover, United States
- Website
- corescientific.com
Core Scientific Metrics
BasicAdvanced
$4.3B
-
-$5.07
5.48
-
Price and volume
Market cap
$4.3B
Beta
5.48
52-week high
$30.46
52-week low
$12.31
Average daily volume
14M
Financial strength
Current ratio
0.893
Quick ratio
0.646
Long term debt to equity
-1.816
Total debt to equity
-1.822
Interest coverage (TTM)
-3.59%
Profitability
EBITDA (TTM)
-78.245
Gross margin (TTM)
32.14%
Net profit margin (TTM)
-324.90%
Operating margin (TTM)
-31.98%
Effective tax rate (TTM)
-0.19%
Revenue per employee (TTM)
$1,350,000
Management effectiveness
Return on assets (TTM)
-2.43%
Return on equity (TTM)
82.12%
Valuation
Price to revenue (TTM)
9.685
Price to book
-1.75
Price to tangible book (TTM)
-1.6
Price to free cash flow (TTM)
-4.405
Free cash flow yield (TTM)
-22.70%
Free cash flow per share (TTM)
-3.008
Growth
Revenue change (TTM)
26.37%
Earnings per share change (TTM)
118.08%
3-year revenue growth (CAGR)
-6.07%
3-year earnings per share growth (CAGR)
28.80%
What the Analysts think about Core Scientific
Analyst ratings (Buy, Hold, Sell) for Core Scientific stock.
Analyst projections of the future price of Core Scientific stock.
Bulls say / Bears say
Colocation is scaling quickly: Q2 revenue rose to $136.7 million from $10.6 million a year earlier, and billing had reached 437 MW by mid-July. That growing recurring business is reducing reliance on bitcoin mining. (Core Scientific)
The 15-year AMD agreements cover about 530 MW and more than $14 billion of potential base revenue. Once delivered, they should add a substantial second customer stream alongside CoreWeave. (Core Scientific)
AMD has the right, under specified conditions, to reserve a further 1,925 MW through 2028. This offers sizeable expansion potential beyond the signed leases, although it is not yet contracted revenue. (SEC)
Funding the build-out is a major hurdle: the company issued $3.3 billion of secured notes at 7.75%, while management estimates the initial 530 MW AMD project will require about $6 billion, expected to be raised through project bonds. Higher financing costs or limited access to capital could weaken returns. (SEC, StockAnalysis)
Revenue remains concentrated in CoreWeave: it accounted for 77% of total revenue in the first half of 2026. A problem with that customer could therefore have a large effect on results while the AMD sites are still being built. (SEC)
The company intends to spend up to about $1 billion to advance roughly 500 MW of capacity before securing customers, while management puts current build costs at $11–12 million per MW. If leases arrive late or costs rise further, that early spending could tie up capital and reduce project returns. (StockAnalysis, SEC)
Data summarised monthly by Lightyear AI. Last updated on 30 Oct 2026.
Core Scientific Financial Performance
Revenues and expenses
Core Scientific Earnings Performance
Company profitability
Upcoming events
No upcoming events
Core Scientific News
AllArticlesVideos
BlockchAIn Digital Infrastructure Unveils $1B+ Nebius Data Center Lease Strategy
MarketBeat1 week ago
AI Spending Is Surging—But Which Stocks Still Win if It Slows Down?
MarketBeat1 week ago
Core Scientific, Inc. Schedules Third Quarter Fiscal Year 2026 Earnings Release, Conference Call and Webcast
Business Wire2 weeks ago
Funds containing Core Scientific
AllUSDEURGBP
Fund name | Fund size | $CORZ weighting |
|---|---|---|
VanEck Crypto And Blockchain Innovators€DAVV | $511M | 4.66% |
VanEck Crypto And Blockchain Innovators£DAGB | $511M | 4.66% |
iShares Blockchain Technology£BLKC | $304M | 3.38% |
Invesco CoinShares Global Blockchain£BCHS | $976M | 1.49% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.15% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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