How does CORZ.Q's PS Ratio compare to its peers?

CORZ.Q is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (2.4x).

How does CORZ.Q's PS Ratio compare vs other companies in the US IT Industry?

CORZ.Q is good value based on its Price-To-Sales Ratio (0.7x) compared to the US IT industry average (1.9x).

What is CORZ.Q's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CORZ.Q is good value based on its Price-To-Sales Ratio (0.7x) compared to the estimated Fair Price-To-Sales Ratio (2.2x).

What is the Fair Price of CORZ.Q when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate CORZ.Q's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

Core Scientific (OTCPK:CORZ.Q) - Stock Price, News & Analysis

CORZ.Q Stock Overview

Provides digital asset mining services in North America. More details

CORZ.Q fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Revenue is forecast to grow 31.21% per year

Trading at good value compared to peers and industry

Risk Analysis

Negative shareholders equity

Highly volatile share price over the past 3 months

Currently unprofitable and not forecast to become profitable over the next 3 years

Core Scientific, Inc. Competitors

Backblaze

NasdaqGM:BLZE

US$280.2m

BigCommerce Holdings

NasdaqGM:BIGC

US$473.4m

Crexendo

NasdaqCM:CXDO

US$138.8m

Tucows

NasdaqCM:TCX

US$177.7m

Price History & Performance

Summary of all time highs, changes and price drops for Core Scientific
Historical stock prices
Current Share Price	US$0.89
52 Week High	US$1.98
52 Week Low	US$0.10
Beta	6.26
11 Month Change	-30.47%
3 Month Change	28.99%
1 Year Change	373.40%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-91.19%

Recent updates

Core Scientific: A Solid Bitcoin Mining Play

Oct 11

Core Scientific: A Buy On Leading Bitcoin Production Numbers

Aug 11

Core Scientific July bitcoin production rose 10.4% M/M with new deployments and multiple facilities

Aug 05

Core Scientific signs $100M in committed equity facility for enhancing liquidity

Jul 21

Why I'm Very Optimistic On Core Scientific's Future

Jun 10

Robust Earnings May Not Tell The Whole Story For Core Scientific (NASDAQ:CORZ)

Apr 10

Shareholder Returns

	CORZ.Q	US IT	US Market
7D	-26.4%	-3.4%	-1.0%
1Y	373.4%	15.1%	30.3%

Return vs Industry: CORZ.Q exceeded the US IT industry which returned 34.8% over the past year.

Return vs Market: CORZ.Q exceeded the US Market which returned 19% over the past year.

Price Volatility

Is CORZ.Q's price volatile compared to industry and market?
CORZ.Q volatility
CORZ.Q Average Weekly Movement	33.9%
IT Industry Average Movement	7.5%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: CORZ.Q's share price has been volatile over the past 3 months.

Volatility Over Time: CORZ.Q's weekly volatility has increased from 24% to 34% over the past year.

About the Company

Founded	Employees	CEO	Website
2017	235	Adam Sullivan	corescientific.com

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.

Core Scientific, Inc. Fundamentals Summary

How do Core Scientific's earnings and revenue compare to its market cap?
CORZ.Q fundamental statistics
Market cap	US$332.88m
Earnings (TTM)	-US$485.64m
Revenue (TTM)	US$481.72m

0.7x

P/S Ratio

-0.7x

P/E Ratio

Is CORZ.Q overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CORZ.Q income statement (TTM)
Revenue	US$481.72m
Cost of Revenue	US$444.81m
Gross Profit	US$36.92m
Other Expenses	US$522.56m
Earnings	-US$485.64m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-1.30
Gross Margin	7.66%
Net Profit Margin	-100.81%
Debt/Equity Ratio	-203.1%

How did CORZ.Q perform over the long term?

See historical performance and comparison

CORZ.Q Stock Overview

Rewards

Risk Analysis

Core Scientific, Inc. Competitors

NasdaqGM:BLZE

US$280.2m

NasdaqGM:BIGC

US$473.4m

NasdaqCM:CXDO

US$138.8m

NasdaqCM:TCX

US$177.7m

Price History & Performance

Recent News & Updates

Core Scientific, Inc. to Report Q3, 2024 Results on Nov 06, 2024

Core Scientific, Inc. to Report Q2, 2024 Results on Aug 07, 2024

CoreWeave, Inc. cancelled the acquisition of Core Scientific, Inc. (NasdaqGS:CORZ).

Core Scientific, Inc. to Report Q1, 2024 Results on May 08, 2024

Core Scientific, Inc. to Report Fiscal Year 2023 Results on Mar 12, 2024

Core Scientific, Inc. Emerged from Bankruptcy

Recent updates

Core Scientific, Inc. to Report Q3, 2024 Results on Nov 06, 2024

Core Scientific, Inc. to Report Q2, 2024 Results on Aug 07, 2024

CoreWeave, Inc. cancelled the acquisition of Core Scientific, Inc. (NasdaqGS:CORZ).

Core Scientific, Inc. to Report Q1, 2024 Results on May 08, 2024

Core Scientific, Inc. to Report Fiscal Year 2023 Results on Mar 12, 2024

Core Scientific, Inc. Emerged from Bankruptcy

Core Scientific, Inc. Com Deleted from OTC Equity

Modified Fourth Amended Joint Reorganization Plan and Disclosure Statement Approved for Core Scientific, Inc.

Core Scientific, Inc. has completed a Follow-on Equity Offering in the amount of $55 million.

Amended Reorganization Plan Filed by Core Scientific, Inc.

Core Scientific, Inc. has filed a Follow-on Equity Offering in the amount of $55 million.

Core Scientific, Inc. has filed a Follow-on Equity Offering in the amount of $55 million.

Core Scientific, Inc. announced that it expects to receive $53.9 million in funding from Bitmain Technologies Limited

Core Scientific, Inc. Appoints Adam Sullivan as Chief Executive Officer

Core Scientific, Inc. Appoints Adam Sullivan as President

Core Scientific, Inc. announced delayed 10-Q filing

Core Scientific, Inc.(OTCPK:CORZ.Q) dropped from NASDAQ Composite Index

Core Scientific's Common Stock to Be Delisted from Nasdaq

Core Scientific, Inc. Filed for Bankruptcy

Core Scientific Receives A Written Notice from the Listing Qualifications Staff of Nasdaq Regarding Minimum Bid Price Requirement

Stacie Olivares Resigns as A Director of Core Scientific, Inc

Core Scientific, Inc. Appoints Todd Duchene as President and Chief Legal Officer, Effective November 14, 2022

Core Scientific, Inc. announced delayed 10-Q filing

Core Scientific, Inc Contemplates Bankruptcy

Core Scientific, Inc. Announces Management Changes

Core Scientific: A Solid Bitcoin Mining Play

Core Scientific, Inc. announced delayed 10-Q filing

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Core Scientific, Inc. Announces Impairment Charges for the Second Quarter Ended June 30, 2022

Core Scientific: A Buy On Leading Bitcoin Production Numbers

Core Scientific July bitcoin production rose 10.4% M/M with new deployments and multiple facilities

Core Scientific, Inc. announced that it expects to receive $100 million in funding from B. Riley Principal Capital II, LLC

Core Scientific signs $100M in committed equity facility for enhancing liquidity

Price target decreased to US$8.02

Core Scientific, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Consensus EPS estimates fall by 13%

Why I'm Very Optimistic On Core Scientific's Future

Price target decreased to US$11.00

Co-Founder recently sold US$9.0m worth of stock

Consensus forecasts updated

Core Scientific, Inc. Provides Operating Guidance for the Year 2022

Price target decreased to US$16.19

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Robust Earnings May Not Tell The Whole Story For Core Scientific (NASDAQ:CORZ)

Core Scientific, Inc. announced that it expects to receive $75 million in funding from B. Riley Commercial Capital, LLC

Shareholder Returns

Price Volatility

About the Company

Core Scientific, Inc. Fundamentals Summary

0.7x

-0.7x

Earnings & Revenue