CORZ - Core Scientific, Inc.
On August 28, 2026, Core Scientific Inc (CORZ) shares fell 6.3%, closing at $16.51. This decline is part of a broader trend, with the stock down 20.4% over the
AI data center pure plays are unwinding together Friday, with a fiscal 2026 impairment charge at IREN Limited (NASDAQ:IREN) dragging capex-heavy peers. The broadening move signals investors re-pricing the group's transition costs across the cohort.
Core Scientific, Inc. (Nasdaq: CORZ) (âCore Scientificâ or the âCompanyâ), a leader in digital infrastructure for high-density colocation (âHDCâ), t
MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that it has entered into $600 million of committed senior secured credit facilities, consisting of a $100 million revolving credit facility and $500 million letter of credit facility.The proceeds of borrowings under the revolving credit facility may be used for general corporate purposes and working capital need.
Avala Global LP acquired a new stake in Core Scientific, Inc. (NASDAQ: CORZ) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,975,334 shares of the company's stock, valued at approximately $101,729,000. Core Scientific makes up 3.8% of Avala
IREN stock is shedding 6% ahead of back-to-back reports from NVIDIA tonight and IREN itself Thursday, putting traders who bought yesterday's rally in an uncomfortable spot before two of the most consequential prints in AI infrastructure.
Hyperscaler and GPU customers are driving a surprise rotation into digital infrastructure stocks, and the companies benefiting most are not the ones you would expect from a Bitcoin rally.
Deutsche Bank AG purchased a new position in shares of Core Scientific, Inc. (NASDAQ: CORZ) in the second quarter, according to its most recent filing with the SEC. The firm purchased 385,254 shares of the company's stock, valued at approximately $9,859,000. Deutsche Bank AG owned 0.12% of Core Scientific at the end of
Core Scientific Inc (CORZ) Valuation AssessmentOn August 21, 2026, Core Scientific Inc (CORZ) shares fell 3.1%, closing at $17.81. The stock has experienced sig
The public's data-center revolt spreads
The Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) is up 97% over the past year even though bitcoin has lost 46% of its value in the same window.
MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that it has completed its previously announced acquisition of Polaris DS LLC (“Polaris”). Through the acquisition, Core Scientific has secured the approximately 440 currently in service megawatts (“MW”) of gross, grid-connected power capacity being used by Polaris under existing electric service agreements with.
Neocloud stocks are rallying Wednesday after a pair of blowout earnings reports from sector leaders CoreWeave Inc. (NASDAQ:CRWV) and Nebius Group N.V. (NASDAQ:NBIS) reinforced the scale of AI infrastructure demand.
Core Scientific is rated Buy, driven by robust colocation revenue and strong execution in a rapidly expanding AI-driven market. The company's colocation business, accounting for over 80% of revenue, is underpinned by long-term contracts like AMD and CoreWeave, offering diversification and high profit margins. Revenue and EBITDA trends are positive, with FY2026 revenue estimated at $671.63 million (110.53% YoY growth) and EBITDA projected to reach $194.08 million by FY2028.
I'm rating Core Scientific a Strong Buy with a price target of $28, implying a 40% upside potential. My main growth drivers are the CoreWeave ramp, the AMD Phase 1 contract, additional power monetization, and the mix shift away from bitcoin mining. Together, these drivers support my estimate of about $1.2 billion in potential 2028 EBITDA before applying a conservative adjustment for corporate costs and execution risk.
Shares of Core Scientific, Inc. (NASDAQ: CORZZ - Get Free Report) rose 7% during trading on Monday. The stock traded as high as $22.85 and last traded at $22.64. 10,884 shares traded hands during trading, a decline of 36% from the average session volume of 16,907 shares. The stock had previously closed at $21.16. Core
Core Scientific, Inc. (NASDAQ: CORZ - Get Free Report)'s share price shot up 22.9% during mid-day trading on Thursday after Keefe, Bruyette and Woods upgraded the stock from a market perform rating to an outperform rating. Keefe, Bruyette and Woods now has a $28.00 price target on the stock, up from their previous price target of
Anson Funds Management LP purchased a new stake in shares of Core Scientific, Inc. (NASDAQ: CORZ) in the first quarter, according to its most recent filing with the SEC. The firm purchased 306,000 shares of the company's stock, valued at approximately $4,578,000. Anson Funds Management LP owned 0.10% of Core Scientific at the
Core Scientific, Inc. (Nasdaq: CORZ) (âCore Scientificâ or the âCompanyâ), a leader in digital infrastructure for high-density colocation (âHDCâ), t
MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced the appointment of Mark W. Adams to its Board of Directors, effective immediately. With the addition of Mr. Adams, Core Scientific's Board will expand to seven directors.Mr. Adams brings over three decades of technology leadership experience across the AI infrastructure, semiconductors, storage, digital media, a.