Core Scientific Inc [CORZ] stock prices are down -9.14% to $10.14 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CORZ shares have gain 2.84% over the last week, with a monthly amount drifted -17.29%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Core Scientific Inc [NASDAQ: CORZ] stock has seen the most recent analyst activity on January 27, 2025, when Keefe Bruyette initiated its Outperform rating and assigned the stock a price target of $22. Previously, Craig Hallum started tracking the stock with Buy rating on January 21, 2025, and set its price target to $24. On November 15, 2024, ROTH MKM initiated with a Buy rating and assigned a price target of $25.50 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $19 on October 28, 2024. Macquarie initiated its recommendation with a Outperform and recommended $16 as its price target on September 25, 2024. Canaccord Genuity started tracking with a Buy rating for this stock on September 23, 2024, and assigned it a price target of $16. In a note dated September 04, 2024, Needham initiated an Buy rating and provided a target price of $16 on this stock.
The stock price of Core Scientific Inc [CORZ] has been fluctuating between $2.61 and $18.63 over the past year. Currently, Wall Street analysts expect the stock to reach $17.83 within the next 12 months. Core Scientific Inc [NASDAQ: CORZ] shares were valued at $10.14 at the most recent close of the market. An investor can expect a potential return of 75.84% based on the average CORZ price forecast.
Analyzing the CORZ fundamentals
The Core Scientific Inc [NASDAQ:CORZ] reported sales of 510.67M for trailing twelve months, representing a drop of -33.12%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -2.57%, and Net Profit Margin reading is -2.58%. To continue investigating profitability, this company’s Return on Assets is posted at -0.82, Equity is 1.78 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.46.
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 9.53 points at the first support level, and at 8.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.28, and for the 2nd resistance point, it is at 12.42.
Ratios To Look Out For
It’s worth pointing out that Core Scientific Inc [NASDAQ:CORZ]’s Current Ratio is 6.72. In addition, the Quick Ratio stands at 6.72 and the Cash Ratio stands at 6.21. Considering the valuation of this stock, the price to sales ratio is 5.84.
Transactions by insiders
Recent insider trading involved Becker Todd A, Director, that happened on Mar 03 ’25 when 0.13 million shares were purchased. Chief Executive Officer, Sullivan Adam Taylor completed a deal on Jan 24 ’25 to sell 0.37 million shares. Meanwhile, DUCHENE TODD M sold 25277.0 shares on Jan 24 ’25.
