Core Scientific, Inc. (CORZ) Stock Price & Analysis
Core Scientific, Inc. (CORZ) closed at USD 13.2 on Thursday, October 22, 2026, down 7.37% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 14.25; the Oct 22, 2026 session ranged USD 12.94–14.16 on volume of 12,551,304 shares. Market capitalization is $4.24B, with a 52-week range of USD 12.31–30.46 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CORZ.md
Key facts (CORZ)
- Last four reported quarters (through Jun 30, 2026): revenue $440M, net income -$1.43B (-324.9% margin) (SEC filings).
- 3 of 80 tracked superinvestors hold CORZ (13F, Q2 2026): 2 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 1.95 on a 1–5 scale) (22 analysts), mean target USD 32.62 (range 16–47).
- Total return with dividends: 1Y -26.9% vs S&P 500 +14.9%; 5Y +281.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD -0, revenue estimate $194M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CORZ)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $544M | $640M | $502M | $511M | $319M | $440M |
| Gross profit | $239M | $8.4M | $123M | $121M | $37.9M | — |
| Operating income | $131M | -$2.11B | $9.0M | -$142M | -$246M | -$561M |
| Net income | $47.3M | -$2.15B | -$246M | -$1.44B | -$289M | -$1.43B |
| EPS (diluted) | $0.20 | -$6.30 | -$0.65 | -$4.87 | -$0.88 | — |
| Free cash flow | -$56.7M | -$179M | $49.0M | -$52.1M | -$451M | -$958M |
| Gross margin | 43.9% | 1.3% | 24.6% | 23.7% | 11.9% | — |
| Operating margin | 24.2% | -329.5% | 1.8% | -27.8% | -77.0% | -127.4% |
| Net margin | 8.7% | -335.2% | -49.1% | -281.6% | -90.5% | -324.9% |
| Revenue growth | +802.7% | +17.6% | -21.5% | +1.6% | -37.5% | — |
| Cash + short-term investments | $118M | $15.9M | $50.4M | $836M | $311M | — |
| Total debt | $652M | $0K | $684M | $1.07B | $1.06B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CORZ)
P/S 9.6x · FCF yield -22.58% · Earnings yield -33.73%
Superinvestors (SEC 13F-HR, Q2 2026) (CORZ)
3 of 80 tracked investors hold CORZ. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Howard Marks | Oaktree Capital | 3.38% | $128M | Reduced -46.9% |
| Chase Coleman | Tiger Global Management | 0.09% | $20.9M | New position |
| Daniel Loeb | Third Point | 0.03% | $1.4M | New position |
Analysts (CORZ)
Consensus Buy (mean 1.95 on a 1–5 scale), 22 analysts; mean target USD 32.62 (low 16, high 47).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-16 | Cantor Fitzgerald | Target lowered | Overweight | $39 → $30 |
| 2026-10-15 | Canaccord Genuity | Maintained | Buy | $36 |
| 2026-10-15 | BTIG | Reiterated | Buy | $38 |
| 2026-10-14 | Cantor Fitzgerald | Reiterated | Overweight | $39 |
| 2026-09-23 | UBS | Initiated | Buy | $24 |
| 2026-09-21 | Rothschild & Co | Initiated | Neutral | $16 |
| 2026-09-17 | Wells Fargo | Initiated | Overweight | $28 |
| 2026-08-03 | B. Riley Securities | Target raised | Buy | $33 → $42 |
| 2026-07-30 | Keefe, Bruyette & Woods | Upgrade | Market Perform → Outperform | $25 → $28 |
| 2026-07-29 | Macquarie | Target raised | Outperform | $35 → $38 |
| 2026-07-29 | Needham | Target raised | Buy | $29 → $35 |
| 2026-07-29 | Canaccord Genuity | Target raised | Buy | $30 → $36 |
Total return (dividends reinvested) (CORZ)
| 1Y (from 2025-10-23) | 5Y (from 2024-01-22) | |
|---|---|---|
| Total return | -26.9% | +281.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -27.0% | +62.7% |
| Volatility (annualized) | 72.8% | 84.2% |
| Max drawdown | -54.7% (Jun 2026→Oct 2026) | -63.6% (Nov 2024→Apr 2025) |
CORZ revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Colocation Service | $136.7M | 83.2% | +1194.2% |
| Digital Asset Self Mining Service | $21.5M | 13.1% | -65.5% |
| Digital Asset Hosted Mining Service | $6.0M | 3.7% | +6.3% |
| Total revenue | $164.2M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CORZ suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | CoreWeave (CRWV) | “CoreWeave for 200 MW of leased customer power capacity.” |
| Partner | Block, Inc. (XYZ) | “we entered into an agreement with Block, Inc. a technology company developing ASICs, to acquire 3 nm ASICs customized for” |
Quoted from the company's 10-K filed Mar 2, 2026.
CORZ customer concentration
In the period ended Jun 30, 2026, a single direct customer accounted for 13% of revenue, per the company's 10-Q filed Jul 28, 2026. The company does not name it.
CORZ analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.00 | $-0.06 | -92.5% | $193.8M | 4 |
| Next quarter (ends Dec 2026) | $-0.03 | $-0.01 | +479.0% | $205.8M | 4 |
| Current fiscal year (ends Dec 2026) | $-3.79 | $-1.04 | +264.6% | $675.6M | 3 |
| Next fiscal year (ends Dec 2027) | $0.16 | $0.30 | -45.1% | $1.15B | 4 |
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 13.2 |
|---|---|
| Change | ▼ 7.37% (down) |
| Previous Close | USD 14.25 |
| Open | USD 13.8 |
| Day Range | USD 12.94 – 14.16 |
| 52-Week Range | USD 12.31 – 30.46 |
| Volume | 12,551,304 shares |
| Market Cap | $4.24B |
| Exchange | NMS |
Technical Analysis (CORZ)
Nexqual's technical model rates CORZ "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 34.89 (neutral) |
| vs SMA50 | Below (USD 16.84) |
| MACD | -1.06 (negative) |
Analyst Ratings (CORZ)
Wall Street analysts rate CORZ "Buy" based on 22 analysts, with a mean price target of USD 32.62 (range USD 16–47), per Nexqual as of October 23, 2026 at 09:22 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 22 |
| Mean Target | USD 32.62 |
| High Target | USD 47 |
| Low Target | USD 16 |
| Buy / Hold / Sell | 20 / 2 / 0 |
Earnings (CORZ)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD -0 |
| Revenue Estimate | $193.78M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.04 vs est -0.06 ▲ beat |
| 2026-03-31 | USD -0.11 vs est -0.05 ▼ miss |
| 2025-12-31 | USD -0.18 vs est -0.12 ▼ miss |
| 2025-09-30 | USD -0.2 vs est 0.07 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financials & Fundamentals (CORZ)
| Total Revenue | $440.31M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +108.80% |
| Gross Margin | +32.14% |
| Operating Margin | +6.87% |
| Profit Margin | +0.00% |
| Current Ratio | 0.89 |
| Total Cash | $1.77B |
| Total Debt | $4.41B |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financial Health Score (CORZ)
Nexqual rates Core Scientific, Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 09:22 UTC.
| Growth | Critical — Revenue -38% YoY (annual), sharp decline |
|---|---|
| Profitability | Critical — Net margin -90% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: Finance Services) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: Finance Services) |
| Efficiency | Mixed — No data |
Ownership (CORZ)
| Insider Ownership | +1.38% |
|---|---|
| Institutional Ownership | +120.60% |
| Shares Outstanding | 321.34M |
| Float | 292.89M |
| Short % of Float | +23.21% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Leadership (CORZ)
Core Scientific, Inc. is led by Adam Sullivan, CEO, President & Director, per Nexqual as of October 23, 2026 at 09:22 UTC.
| CEO, President & Director | Adam Sullivan |
|---|---|
| Executive VP & CFO | James P. Nygaard |
| Chief Operating Officer | Matt Brown |
| Chief Technology Officer | Larry Kom |
| Senior Vice President of Investor Relations & Marketing | Jonathan David Charbonneau |
Major Backers & Investors (CORZ)
Notable institutional backers of Core Scientific, Inc. include Situational Awareness LP , Jericho Capital Asset Management, LP, UBS Group AG, according to Nexqual as of October 23, 2026 at 09:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Situational Awareness LP | 8.09% |
| Jericho Capital Asset Management, LP | 7.12% |
| UBS Group AG | 4.94% |
| Two Seas Capital Lp | 3.56% |
| Two Sigma Investments, LP | 3.2% |
| Value Aligned Research Advisors, LLC | 2.86% |
| Fidelity | 1.07% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 10.1% |
| BlackRock | 8.75% |
| Geode Capital | 2.64% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
From Core Scientific, Inc.'s Latest SEC 10-K Filing (filed 2026-03-02)
Key Strengths & Strategy (as disclosed to the SEC)
- To establish and protect our proprietary rights, we rely upon a combination of patent, copyright, trade secret and trademark laws and contractual restrictions such as confidentiality agreements, licenses and intellectual property assignment agreements.
- We maintain a policy requiring our employees, contractors, consultants and other third parties to enter into confidentiality and proprietary rights agreements to control access to our proprietary information.
- We believe that our experienced data center and engineering leadership team, our proven ability to rapidly deliver scalable, purpose-built data centers, combined with cutting-edge, energy-efficient technologies, will enable us to compete favorably within the HDC market.
- We obtain many components from software developed and released by contributors to independent open-source components of our platform.
Partnerships
- In 2024 we entered into an agreement with Block, Inc. a technology company developing ASICs, to acquire 3 nm ASICs customized for digital asset mining.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BLSH | Bullish | USD 29.19 | ▼ 1.95% |
| TENB | Tenable Holdings, Inc. | USD 42 | ▲ 3.27% |
| DLO | DLocal Limited | USD 14.84 | ▼ 2.05% |
| RELY | Remitly Global, Inc. | USD 25.32 | ▼ 0.39% |
| ACIW | ACI Worldwide, Inc. | USD 56.19 | ▲ 4.33% |
| BB | BlackBerry Limited | USD 8.59 | ▼ 8.71% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt