CORZ.Q Stock Overview
Provides digital asset mining services in North America. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Core Scientific, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.89 |
| 52 Week High | US$1.98 |
| 52 Week Low | US$0.10 |
| Beta | 6.26 |
| 1 Month Change | -30.47% |
| 3 Month Change | 28.99% |
| 1 Year Change | 373.40% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -91.19% |
Recent News & Updates
Recent updates
Core Scientific: A Solid Bitcoin Mining Play
Oct 11Core Scientific: A Buy On Leading Bitcoin Production Numbers
Aug 11Core Scientific July bitcoin production rose 10.4% M/M with new deployments and multiple facilities
Aug 05Core Scientific signs $100M in committed equity facility for enhancing liquidity
Jul 21Why I'm Very Optimistic On Core Scientific's Future
Jun 10Robust 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% | -1.7% | -2.4% |
| 1Y | 373.4% | 12.7% | 23.4% |
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
| CORZ.Q volatility | |
|---|---|
| CORZ.Q Average Weekly Movement | 33.9% |
| IT Industry Average Movement | 8.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 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
| 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 RatioIs CORZ.Q overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/24 00:33 |
| End of Day Share Price | 2024/01/24 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Core Scientific, Inc. is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ramsey El-Assal | Barclays |
| Lucas Pipes | B. Riley Securities, Inc. |
| Gregory Lewis | BTIG |