Core Scientific Inc [CORZ] stock prices are up 3.87% to $18.23 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CORZ shares have gain 15.16% over the last week, with a monthly amount glided 33.26%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Core Scientific Inc [NASDAQ: CORZ] stock has seen the most recent analyst activity on November 15, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $25.50. Previously, Jefferies started tracking the stock with Buy rating on October 28, 2024, and set its price target to $19. On September 25, 2024, Macquarie initiated with a Outperform rating and assigned a price target of $16 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $16 on September 23, 2024. Needham initiated its recommendation with a Buy and recommended $16 as its price target on September 04, 2024. B. Riley Securities upgraded its rating to Buy for this stock on July 17, 2024, but kept the price target unchanged to $13. In a note dated July 17, 2024, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $20 on this stock.
The stock price of Core Scientific Inc [CORZ] has been fluctuating between $2.61 and $18.35 over the past year. Currently, Wall Street analysts expect the stock to reach $13.5 within the next 12 months. Core Scientific Inc [NASDAQ: CORZ] shares were valued at $18.23 at the most recent close of the market. An investor can expect a potential drop of -25.95% based on the average CORZ price forecast.
Analyzing the CORZ fundamentals
The Core Scientific Inc [NASDAQ:CORZ] reported sales of 557.68M for trailing twelve months, representing a drop of -15.54%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at -2.23%, and Net Profit Margin reading is -2.23%. To continue investigating profitability, this company’s Return on Assets is posted at -1.35, Equity is 1.83 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.38 points at the first support level, and at 16.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.70, and for the 2nd resistance point, it is at 19.17.
Ratios To Look Out For
It’s worth pointing out that Core Scientific Inc [NASDAQ:CORZ]’s Current Ratio is 3.63. Also, the Quick Ratio is 3.63, while the Cash Ratio stands at 3.31. Considering the valuation of this stock, the price to sales ratio is 9.48.
Transactions by insiders
Recent insider trading involved Rozov Yadin, Director, that happened on Nov 22 ’24 when 0.1 million shares were sold. Director, Yadin Rozov completed a deal on Nov 22 ’24 to buy 0.28 million shares. Meanwhile, DUCHENE TODD M sold 25000.0 shares on Nov 20 ’24.
