Core Scientific, Inc.
General ticker "CORZ" information:
- Sector: Information Technology
- Industry: IT Services
- Capitalization: $4.1B (TTM average)
Core Scientific, Inc. follows the US Stock Market performance with the rate: 64.1%.
Estimated limits based on current volatility of 3.3%: low 16.15$, high 17.24$
Factors to consider:
- Total employees count: 325 (+13.6%) as of 2024
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Dependency on single HPC customer, Production capacity expansion delays, Inability to raise capital, Operational and conduct risks, Critical system failures
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [6.71$, 21.93$]
- 2025-12-31 to 2026-12-31 estimated range: [3.56$, 12.70$]
Short-term CORZ quotes
Long-term CORZ plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $656.59MM | $502.40MM | $510.67MM |
| Operating Expenses | $2,766.14MM | $493.44MM | $529.87MM |
| Operating Income | $-2,109.55MM | $8.96MM | $-19.20MM |
| Non-Operating Income | $-53.86MM | $-254.76MM | $-1,294.95MM |
| Interest Expense | $96.83MM | $86.24MM | $37.07MM |
| R&D Expense | $26.96MM | $7.18MM | $11.83MM |
| Income(Loss) | $-2,163.41MM | $-245.80MM | $-1,314.15MM |
| Taxes | $-17.09MM | $0.68MM | $0.86MM |
| Profit(Loss)* | $-2,146.32MM | $-246.49MM | $-1,315.01MM |
| Stockholders Equity | $-409.35MM | $-596.94MM | $-820.18MM |
| Assets | $807.69MM | $712.16MM | $1,598.82MM |
| Operating Cash Flow | $205.19MM | $65.11MM | $42.90MM |
| Capital expenditure | $601.66MM | $16.16MM | $94.96MM |
| Investing Cash Flow | $-590.78MM | $-3.00MM | $-95.19MM |
| Financing Cash Flow | $306.15MM | $-44.65MM | $819.57MM |
| Earnings Per Share** | $-6.30 | $-0.65 | $-5.14 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.