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.
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 | |
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P/E Ratio | −7.4x | −3.5x | 11.8x | |
PEG Ratio | −0.24 | 0.02 | 0.01 | |
Price/Book | −4.1x | 1.3x | 2.4x | |
Price / LTM Sales | 12.6x | 5.2x | 2.2x | |
Upside (Analyst Target) | 22.3% | 26.8% | 16.3% | |
Fair Value Upside | Unlock | 4.1% | 3.0% | Unlock |