Date | Price Target | Rating | Analyst |
---|---|---|---|
9/25/2024 | $16.00 | Outperform | Macquarie |
9/23/2024 | $16.00 | Buy | Canaccord Genuity |
9/4/2024 | $16.00 | Buy | Needham |
7/17/2024 | $20.00 | Overweight | Cantor Fitzgerald |
7/17/2024 | $13.00 | Neutral → Buy | B. Riley Securities |
7/10/2024 | $17.00 | Outperform | Bernstein |
7/2/2024 | $14.50 | Buy | Ladenburg Thalmann |
5/29/2024 | Neutral → Buy | BTIG Research |
SC 13G - Core Scientific, Inc./tx (0001839341) (Subject)
SC 13D/A - Core Scientific, Inc./tx (0001839341) (Subject)
SC 13D/A - Core Scientific, Inc./tx (0001839341) (Subject)
4 - Core Scientific, Inc./tx (0001839341) (Issuer)
4 - Core Scientific, Inc./tx (0001839341) (Issuer)
4 - Core Scientific, Inc./tx (0001839341) (Issuer)
Macquarie initiated coverage of Core Scientific with a rating of Outperform and set a new price target of $16.00
Canaccord Genuity initiated coverage of Core Scientific with a rating of Buy and set a new price target of $16.00
Needham initiated coverage of Core Scientific with a rating of Buy and set a new price target of $16.00
4 - Core Scientific, Inc./tx (0001839341) (Issuer)
4 - Core Scientific, Inc./tx (0001839341) (Issuer)
4 - Core Scientific, Inc./tx (0001839341) (Issuer)
Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced a 30-day extension of CoreWeave's remaining option to contract 118 megawatts of infrastructure for high-performance computing ("HPC"). Both Core Scientific and CoreWeave agreed to the 30-day option extension to accommodate design, supply chain and construction timeline development activities. CoreWeave has contracted a total of 382 megawatts of infrastructure to support HPC hosting operations at multiple Core Scientific data centers. ABOUT CORE SCIENTIFIC Core Scientific is a leader in digital infrastructure for
Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or the "Company"), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced that Denise Sterling has decided to step down from her role as Executive Vice President and Chief Financial Officer effective May 1, 2025 or as soon as a permanent successor has been identified. Core Scientific has commenced a search process with the assistance of an executive search firm to identify Ms. Sterling's successor. "Denise led our Finance team with poise and exceptional dedication through a very transformative and demanding period for our company," said Adam Sullivan, Core Scientific's Chief Executive O
Earned 358 Self-Mined Bitcoin for a Total of 5,275 Bitcoin Year-to-Date and Our Customers Earned an Estimated 90 Bitcoin at Our Data Centers in August Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in digital infrastructure for bitcoin mining and high-performance computing, today released unaudited production and operations updates for August 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240905003243/en/CORZ) is a leader in digital infrastructure for bitcoin mining and high-performance computing. (Photo: Business Wire)">Core Scientific (NASDAQ:CORZ) is a leader in digital infrastructu
Iris Energy (NASDAQ:IREN) is back in the spotlight, with analysts at Canaccord singing its praises for its efficient Bitcoin mining capabilities and potential for future diversification. What Happened: Citing the company’s massive power capacity and ongoing data center construction, Canaccord raised its share price target for Iris Energy to $15, up from $12, Coindesk reported. “The company is building a massive 510 megawatts (MW) of data centers in 2024 alone,” explained lead analyst Joseph Vafi in the report. “On top of that, they’ve secured a staggering 2,160 MW of power capacity and have a 1 gigawatt (GW) plus development pipeline.” This puts Iris Energy in a league of its o
In the run-up to the upcoming 2024 elections, analysts from research and brokerage firm Bernstein have suggested that Bitcoin (CRYPTO: BTC) traders may not have fully considered the possible victory of former President Donald Trump, an event that could significantly shake up the cryptocurrency market. What Happened: The Bernstein team, led by Gautam Chhugani, posits that the market has not accounted for a potential positive shift in cryptocurrency regulations if Trump is reelected in November, a Decrypt report stated Monday. They anticipate significant growth stemming from institutional investors allocating to cryptocurrency and associated stocks. Bernstein analysts are keeping a close
Cantor Fitzgerald analyst Brett Knoblauch initiated coverage on Core Scientific, Inc. (NASDAQ:CORZ), with a price forecast of $20. According to the analyst, Bitcoin miners currently have one of the most coveted assets in the world – access to power. In June 2024, Core Scientific announced a deal with CoreWeave (private), following which shares went up meaningfully. With CoreWeave, Core Scientific was the first Bitcoin miner to sign a meaningful AI/HPC deal. In what has now been extended, CoreWeave will lease 270 MW from Core Scientific for 12 years, and pay the company a total of $4.725 billion over that duration, amounting to ~$1.45 million per MW. Also Read: Block and Core S
424B3 - Core Scientific, Inc./tx (0001839341) (Filer)
8-K - Core Scientific, Inc./tx (0001839341) (Filer)
424B3 - Core Scientific, Inc./tx (0001839341) (Filer)
Fiscal Second Quarter 2024 Highlights Incurred net loss of $804.9 million due primarily to a net $796.0 million non-cash mark-to-market adjustment to our warrants and other contingent value right liabilities required as a result of significant quarter-over-quarter increase in the value of our equity Generated operating income of $6.6 million, a decrease of $2.9 million over second quarter 2023 Produced adjusted EBITDA of $46.0 million Contracted 382 megawatts of infrastructure to host high-performance computing ("HPC"), including latest contract option exercise, for total potential revenue of approximately $6.7 billion over 12 years Achieved mandatory conversion of convertibl
Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced it will issue financial results for the Company's fiscal year 2024 second quarter after financial markets close on Wednesday, August 7, 2024. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the Company's fiscal 2024 second quarter will be Adam Sullivan, Chief Executive Officer, Denise Sterling, Chief Financial Officer, and Steven A. Gitlin, Senior Vice President, Investor Relations. Conference Call an
Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America, today announced it will webcast live its Investor and Analyst presentation on June 12, 2024. The presentation is scheduled to begin at approximately 11:15 am CT and end by approximately 1:15 pm CT, and will feature Chief Executive Officer Adam Sullivan, Chief Financial Officer Denise Sterling, Executive Vice President of Data Center Operations Matt Brown and other members of the management team. Listeners may access the webcast and slide presentation by clicking here or may listen