Core Scientific, Common Stock Analysis

CORZ Stock  USD 17.88  0.17  0.96%   
Core Scientific, Common is overvalued with Real Value of 10.08 and Target Price of 6.75. The main objective of Core Scientific, stock analysis is to determine its intrinsic value, which is an estimate of what Core Scientific, Common is worth, separate from its market price. There are two main types of Core Scientific,'s stock analysis: fundamental analysis and technical analysis.
The Core Scientific, stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Core Scientific, is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Core Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Scientific, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Core Stock Analysis Notes

About 56.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 3.49. Core Scientific, Common had not issued any dividends in recent years. Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It also develops blockchain-based platforms and applications, including infrastructure management, security technologies, mining optimization, and recordkeeping. Core Scientific operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 205 people. For more info on Core Scientific, Common please contact Adam Sullivan at 512 402 5233 or go to https://corescientific.com.

Core Scientific, Quarterly Total Revenue

95.35 Million

Core Scientific, Common Investment Alerts

Core Scientific, appears to be risky and price may revert if volatility continues
Core Scientific, has high likelihood to experience some financial distress in the next 2 years
Core Scientific, Common currently holds 865.54 M in liabilities. Core Scientific, Common has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Core Scientific,'s use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 502.4 M. Net Loss for the year was (246.49 M) with profit before overhead, payroll, taxes, and interest of 0.
Core Scientific, has a frail financial position based on the latest SEC disclosures
About 56.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Core Scientific, Inc. Hedge Funds Are Bullish on This Promising New Technology Stock

Core Largest EPS Surprises

Earnings surprises can significantly impact Core Scientific,'s stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-05-08
2024-03-310.130.160.0323 
2022-03-29
2021-12-310.330.410.0824 
2022-11-28
2022-09-30-0.17-1.23-1.06623 
View All Earnings Estimates

Core Scientific, Environmental, Social, and Governance (ESG) Scores

Core Scientific,'s ESG score is a quantitative measure that evaluates Core Scientific,'s performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Core Scientific,'s operations that may have significant financial implications and affect Core Scientific,'s stock price as well as guide investors towards more socially responsible investments.

Core Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.89 B.

Core Profitablity

The company has Profit Margin (PM) of (1.44) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.35)(0.36)
Return On Capital Employed 0.04  0.04 
Return On Assets(0.35)(0.36)
Return On Equity 0.41  0.39 

Management Efficiency

Core Scientific, Common has return on total asset (ROA) of 0.052 % which means that it generated a profit of $0.052 on every $100 spent on assets. This is way below average. Core Scientific,'s management efficiency ratios could be used to measure how well Core Scientific, manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.04 in 2024, whereas Return On Tangible Assets are likely to drop (0.36) in 2024. At this time, Core Scientific,'s Intangible Assets are fairly stable compared to the past year. Total Assets is likely to rise to about 836.9 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 14.2 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share(1.57)(1.49)
Tangible Book Value Per Share(1.58)(1.50)
Enterprise Value Over EBITDA(33.62)(35.30)
Price Book Value Ratio(2.19)(2.08)
Enterprise Value Multiple(33.62)(35.30)
Price Fair Value(2.19)(2.08)
The strategic initiatives led by Core Scientific,'s management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Operating Margin
0.0447
Profit Margin
(1.44)
Return On Assets
0.052

Technical Drivers

As of the 1st of December, Core Scientific, shows the Mean Deviation of 3.23, downside deviation of 3.73, and Risk Adjusted Performance of 0.1791. Core Scientific, Common technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Core Scientific, Common Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Core Scientific, middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Core Scientific, Common. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Core Scientific, Common Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Core Scientific, insiders, such as employees or executives, is commonly permitted as long as it does not rely on Core Scientific,'s material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Core Scientific, insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Levitt Michael J over a month ago
Acquisition by Levitt Michael J of 86911 shares of Core Scientific, at 1.0E-4 subject to Rule 16b-3
 
Patten Jarrod M over two months ago
Acquisition by Patten Jarrod M of 2240 shares of Core Scientific, at 11.05 subject to Rule 16b-3
 
Levitt Michael J over two months ago
Acquisition by Levitt Michael J of 1062967 shares of Core Scientific, at 1.0E-4 subject to Rule 16b-3
 
Patten Jarrod M over two months ago
Acquisition by Patten Jarrod M of 5021 shares of Core Scientific, at 9.6786 subject to Rule 16b-3
 
Todd DuChene over three months ago
Disposition of 11582 shares by Todd DuChene of Core Scientific, at 9.412 subject to Rule 16b-3
 
Levitt Michael J over three months ago
Acquisition by Levitt Michael J of 85355 shares of Core Scientific subject to Rule 16b-3
 
Todd DuChene over three months ago
Disposition of 26230 shares by Todd DuChene of Core Scientific at 9.8957 subject to Rule 16b-3
 
Todd DuChene over three months ago
Disposition of 3770 shares by Todd DuChene of Core Scientific at 9.9923 subject to Rule 16b-3
 
Booth Jeffrey David over six months ago
Acquisition by Booth Jeffrey David of 127446 shares of Core Scientific subject to Rule 16b-3
 
Youngblood Dr Kneeland over six months ago
Acquisition by Youngblood Dr Kneeland of 40004 shares of Core Scientific at 1.0E-4 subject to Rule 16b-3
 
Levitt Michael J over six months ago
Acquisition by Levitt Michael J of 183414 shares of Core Scientific, at 0.01 subject to Rule 16b-3
 
Darin Feinstein over six months ago
Acquisition by Darin Feinstein of 7719787 shares of Core Scientific, at 6.81 subject to Rule 16b-3

Core Scientific, Predictive Daily Indicators

Core Scientific, intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Core Scientific, stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Core Scientific, Corporate Filings

8K
25th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
22nd of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
20th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
12th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
8th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
8K
6th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
5th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
24th of October 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify

Core Scientific, Forecast Models

Core Scientific,'s time-series forecasting models are one of many Core Scientific,'s stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Core Scientific,'s historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Core Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Core Scientific, prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Core shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Core Scientific,. By using and applying Core Stock analysis, traders can create a robust methodology for identifying Core entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.49)(0.51)
Operating Profit Margin 0.02  0.02 
Net Loss(0.49)(0.52)
Gross Profit Margin 0.25  0.23 

Current Core Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Core analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Core analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
6.75Strong Buy13Odds
Core Scientific, Common current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Core analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Core stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Core Scientific, Common, talking to its executives and customers, or listening to Core conference calls.
Core Analyst Advice Details

Core Stock Analysis Indicators

Core Scientific, Common stock analysis indicators help investors evaluate how Core Scientific, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Core Scientific, shares will generate the highest return on investment. By understating and applying Core Scientific, stock analysis, traders can identify Core Scientific, position entry and exit signals to maximize returns.
Begin Period Cash Flow52.2 M
Long Term Debt684.1 M
Common Stock Shares Outstanding379.9 M
Total Stockholder Equity-596.9 M
Tax Provision683 K
Property Plant And Equipment Net593.3 M
Cash And Short Term Investments50.4 M
Cash50.4 M
Accounts Payable154.8 M
Net Debt815.1 M
50 Day M A10.0111
Total Current Liabilities488.4 M
Other Operating Expenses487.1 M
Non Current Assets Total615.1 M
Forward Price Earnings10.0705
Non Currrent Assets Other19.6 M
Stock Based Compensation58.9 M

Additional Tools for Core Stock Analysis

When running Core Scientific,'s price analysis, check to measure Core Scientific,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Core Scientific, is operating at the current time. Most of Core Scientific,'s value examination focuses on studying past and present price action to predict the probability of Core Scientific,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Scientific,'s price. Additionally, you may evaluate how the addition of Core Scientific, to your portfolios can decrease your overall portfolio volatility.