Core Scientific Inc (NASDAQ:CORZ) has a beta value of 6.82 and has seen 0.75 million shares traded in the recent trading session. The company, currently valued at $3.47B, closed the recent trade at $12.43 per share which meant it gained $0.04 on the day or 0.32% during that session. The CORZ stock price is -49.88% off its 52-week high price of $18.63 and 79.0% above the 52-week low of $2.61.
The consensus among analysts is that Core Scientific Inc (CORZ) is Buy stock at the moment, with a recommendation rating of 1.20. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 6 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.03.
Core Scientific Inc (NASDAQ:CORZ) trade information
Sporting 0.32% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CORZ stock price touched $12.43 or saw a rise of 3.94%. Year-to-date, Core Scientific Inc shares have moved -11.53%, while the 5-day performance has seen it change 1.39%. Over the past 30 days, the shares of Core Scientific Inc (NASDAQ:CORZ) have changed -17.13%.
Wall Street analysts have a consensus price target for the stock at $16.5, which means that the shares’ value could jump 24.67% from the levels at last check today. The projected low price target is $14.0 while the price target rests at a high of $24.0. In that case, then, we find that the latest price level in today’s session is -93.08% off the targeted high while a plunge would see the stock gain -12.63% from the levels at last check today.
Core Scientific Inc (CORZ) estimates and forecasts
The company’s shares have gained 23.19% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 1.63%.
13 analysts offering their estimates for the company have set an average revenue estimate of 97.06M for the current quarter. 8 have an estimated revenue figure of 107.16M for the next ending quarter. Year-ago sales stood 141.93M and 179.29M respectively for this quarter and the next, and analysts expect sales will shrink by -31.62% for the current quarter and 1.63% for the next.
CORZ Dividends
Core Scientific Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Core Scientific Inc (NASDAQ:CORZ)’s Major holders
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 30, 2024, the former fund manager holds about 2.50% shares in the company for having 6.99 shares of worth $86.52 million while later fund manager owns 5.0 shares of worth $61.87 million as of Nov 30, 2024, which makes it owner of about 1.79% of company’s outstanding stock.
