Core Scientific, Inc. provides digital asset mining services in the United States. It operates through three segments: Digital Asset Self-Mining; Digital Asset Hosted Mining; and HPC Hosting. The company offers digital infrastructure, software solutions, and services; and operates licensing data center space facilities. It also deploys and operates own large fleet of miners within owned digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks; and provides hosting services for digital asset mining customers, 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.
AI Pivot Unleashed | Core Scientific's strategic shift from Bitcoin mining to AI/HPC markets, leveraging existing infrastructure to capture growing demand in the AI secto |
Financial Projections | Analyst price targets range from $17 to $26 per share, with potential for over $600 million in EBITDA from the CoreWeave contract alone by fiscal year 2027 |
Competitive Edge | Explore Core Scientific's first-mover advantage in the AI/HPC space, capitalizing on power scarcity and rapid deployment capabilities |
Growth on the Horizon | Delve into Core Scientific's expansion plans, including potential additions of up to 700 MW capacity and new partnerships beyond the CoreWeave agreement |
Metrics to compare | CORZ | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCORZPeersSector | |
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P/E Ratio | −2.2x | −0.8x | 11.7x | |
PEG Ratio | 0.00 | −0.01 | 0.01 | |
Price/Book | −3.1x | 0.9x | 2.4x | |
Price / LTM Sales | 4.9x | 4.0x | 2.1x | |
Upside (Analyst Target) | 121.2% | 174.0% | 27.3% | |
Fair Value Upside | Unlock | 2.5% | 6.1% | Unlock |