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Core Scientific (CORZ) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

24 January 2024

Indexes:

Not included

Description:

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. In addition, the company provides electrical power, repair, and other infrastructure services to operate, maintain, and earn digital assets; and sells mining equipment to customers. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.

Events Calendar

Earnings

Next earnings date:

Mar 12, 2025

Recent quarterly earnings:

Nov 06, 2024

Recent annual earnings:

Mar 12, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

16 Dec '24 BTIG
Buy
12 Dec '24 Jones Trading
Hold
15 Nov '24 Roth MKM
Buy
15 Nov '24 BTIG
Buy
14 Nov '24 Macquarie
Outperform
07 Nov '24 Needham
Buy
07 Nov '24 HC Wainwright & Co.
Buy
07 Nov '24 Canaccord Genuity
Buy
07 Nov '24 B. Riley Securities
Buy
28 Oct '24 Jefferies
Buy

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Institutional Ownership

Core Scientific CEO on the crypto mining company's AI ambitions
Core Scientific CEO on the crypto mining company's AI ambitions
Core Scientific CEO on the crypto mining company's AI ambitions
CORZ
youtube.com23 December 2024

Core Scientific CEO Adam Sullivan discusses the company's AI ambitions.

Core Scientific finds a balance in bitcoin mining and AI: CEO
Core Scientific finds a balance in bitcoin mining and AI: CEO
Core Scientific finds a balance in bitcoin mining and AI: CEO
CORZ
youtube.com22 December 2024

Some bitcoin (BTC-USD) miners are shifting into artificial intelligence (AI) and selling their existing power to AI data centers as Big Tech companies look for power sources capable of meeting the energy-intensive needs of AI infrastructure. Core Scientific (CORZ) CEO and president Adam Sullivan joins Madison Mills on Catalysts to talk about how the company is balancing its resources to facilitate crypto mining and AI data centers.

Core Scientific Prices Upsized $550 Million Convertible Senior Notes Offering
Core Scientific Prices Upsized $550 Million Convertible Senior Notes Offering
Core Scientific Prices Upsized $550 Million Convertible Senior Notes Offering
CORZ
businesswire.com03 December 2024

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a top company in digital infrastructure for bitcoin mining and high-performance computing, has announced the pricing of its $550 million offering of 0.00% convertible senior notes due in 2031. This private offering is aimed at individuals who are considered qualified institutional buyers under Rule 144A of the Securities Act of 1933.

Core Scientific Announces Proposed Convertible Senior Notes Offering
Core Scientific Announces Proposed Convertible Senior Notes Offering
Core Scientific Announces Proposed Convertible Senior Notes Offering
CORZ
businesswire.com02 December 2024

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a top company in digital infrastructure for bitcoin mining and high-performance computing, has announced plans to offer $500 million in convertible senior notes due in 2031. This private offering will be available to qualified institutional buyers, following Rule 144A of the Securities Act, depending on market conditions.

The Big 3: CORZ, SMCI, RTX
The Big 3: CORZ, SMCI, RTX
The Big 3: CORZ, SMCI, RTX
CORZ
youtube.com20 November 2024

Before Nvidia's (NVDA) earnings report, today's Big 3 focuses on the technology sector. Kenny Polcari and Oliver Renick discuss the positive reasons for investing in Core Scientific (CORZ), Supermicro (SMCI), and RTX Corp. (RTX).

Core Scientific Announces September 2024 Production and Operations Updates
Core Scientific Announces September 2024 Production and Operations Updates
Core Scientific Announces September 2024 Production and Operations Updates
CORZ
businesswire.com07 October 2024

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific has shared updates on its production and operations for September 2024.

Core Scientific CEO on overlap between AI and crypto
Core Scientific CEO on overlap between AI and crypto
Core Scientific CEO on overlap between AI and crypto
CORZ
youtube.com10 September 2024

Adam Sullivan, Core Scientific CEO, joins 'Fast Money' to talk the crypto space, AI, and the upcoming election.

Core Scientific Announces Extension of CoreWeave Option for 118 Megawatts of Infrastructure to Support High-Performance Computing
Core Scientific Announces Extension of CoreWeave Option for 118 Megawatts of Infrastructure to Support High-Performance Computing
Core Scientific Announces Extension of CoreWeave Option for 118 Megawatts of Infrastructure to Support High-Performance Computing
CORZ
businesswire.com06 September 2024

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces Extension of CoreWeave Option for 118 Megawatts of Infrastructure to Support High-Performance Computing.

Core Scientific, Inc. to Participate in September Investor Conferences
Core Scientific, Inc. to Participate in September Investor Conferences
Core Scientific, Inc. to Participate in September Investor Conferences
CORZ
businesswire.com30 August 2024

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific, Inc. to Participate in September Investor Conferences.

What Makes Core Scientific, Inc. (CORZ) a New Buy Stock
What Makes Core Scientific, Inc. (CORZ) a New Buy Stock
What Makes Core Scientific, Inc. (CORZ) a New Buy Stock
CORZ
zacks.com27 August 2024

Core Scientific, Inc. (CORZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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FAQ

  • What is the primary business of Core Scientific?
  • What is the ticker symbol for Core Scientific?
  • Does Core Scientific pay dividends?
  • What sector is Core Scientific in?
  • What industry is Core Scientific in?
  • What country is Core Scientific based in?
  • When did Core Scientific go public?
  • Is Core Scientific in the S&P 500?
  • Is Core Scientific in the NASDAQ 100?
  • Is Core Scientific in the Dow Jones?
  • When was Core Scientific's last earnings report?
  • When does Core Scientific report earnings?
  • Should I buy Core Scientific stock now?

What is the primary business of Core Scientific?

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. In addition, the company provides electrical power, repair, and other infrastructure services to operate, maintain, and earn digital assets; and sells mining equipment to customers. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.

What is the ticker symbol for Core Scientific?

The ticker symbol for Core Scientific is NASDAQ:CORZ

Does Core Scientific pay dividends?

No, Core Scientific does not pay dividends

What sector is Core Scientific in?

Core Scientific is in the Technology sector

What industry is Core Scientific in?

Core Scientific is in the Software Infrastructure industry

What country is Core Scientific based in?

Core Scientific is headquartered in United States

When did Core Scientific go public?

Core Scientific's initial public offering (IPO) was on 24 January 2024

Is Core Scientific in the S&P 500?

No, Core Scientific is not included in the S&P 500 index

Is Core Scientific in the NASDAQ 100?

No, Core Scientific is not included in the NASDAQ 100 index

Is Core Scientific in the Dow Jones?

No, Core Scientific is not included in the Dow Jones index

When was Core Scientific's last earnings report?

Core Scientific's most recent earnings report was on 6 November 2024

When does Core Scientific report earnings?

The next expected earnings date for Core Scientific is 12 March 2025

Should I buy Core Scientific stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions