Core Scientific, Inc. provides infrastructure for high-density colocation services and digital asset mining in the United States. It operates through three segments: Colocation, Digital Asset Self-Mining, and Digital Asset Hosted Mining. The company offers space, power, cooling, facilities operations, security, and other services to third-party customers to support workloads for machine learning and artificial intelligence; deployment, monitoring, troubleshooting, optimization, and maintenance of its customers’ digital asset mining equipment; and electrical power, repair, and other infrastructure services for its customers to operate, maintain, and mine digital assets. It is also involved in the deployment and operation of its fleet of miners within its digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks to receive digital assets in the form of bitcoin. It also deploys and operates its fleet of miners within its 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. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.
HPC Pivot | Core Scientific's strategic shift from Bitcoin mining to High-Performance Computing reshapes its market position and future growth prospects |
Acquisition Dynamics | Explore the implications of CoreWeave's proposed all-stock acquisition, including shareholder opposition and potential market valuation impacts |
Financial Outlook | Delve into Core Scientific's profitability challenges and future projections, with analysts forecasting a return to profitability and EBITDA reaching $280 million by 2027 |
Market Positioning | Learn how Core Scientific aims to capitalize on AI and machine learning trends, with analyst price targets ranging from $15 to $20 per share |
Metrics to compare | CORZ | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCORZPeersSector | |
|---|---|---|---|---|
P/E Ratio | −16.7x | −5.8x | 12.2x | |
PEG Ratio | −0.20 | 0.02 | 0.01 | |
Price/Book | −4.9x | 1.4x | 2.4x | |
Price / LTM Sales | 14.7x | 6.9x | 2.3x | |
Upside (Analyst Target) | 68.2% | 92.4% | 28.2% | |
Fair Value Upside | Unlock | −12.4% | 6.7% | Unlock |