Core Scientific Inc [NASDAQ: CORZ] price plunged by -0.14 percent to reach at -$0.01.
The one-year CORZ stock forecast points to a potential upside of 62.9. The average equity rating for CORZ stock is currently 1.18, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Core Scientific Inc [CORZ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CORZ shares is $19.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CORZ stock is a recommendation set at 1.18. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Core Scientific Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 27, 2025. While these analysts kept the previous recommendation, Craig Hallum raised their target price to Buy. The new note on the price target was released on January 21, 2025, representing the official price target for Core Scientific Inc stock. Previously, the target price had yet another raise to $25.50, while ROTH MKM analysts kept a Buy rating on CORZ stock.
The Average True Range (ATR) for Core Scientific Inc is set at 0.90, with the Price to Sales ratio for CORZ stock in the period of the last 12 months amounting to 4.08.
CORZ Stock Performance Analysis:
Core Scientific Inc [CORZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.57. With this latest performance, CORZ shares dropped by -19.86% in over the last four-week period, additionally sinking by -41.02% over the last 6 months – not to mention a rise of 135.33% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CORZ stock in for the last two-week period is set at 41.32, with the RSI for the last a single of trading hit 42.89, and the three-weeks RSI is set at 40.45 for Core Scientific Inc [CORZ]. The present Moving Average for the last 50 days of trading for this stock 9.49, while it was recorded at 6.99 for the last single week of trading, and 11.92 for the last 200 days.
Insight into Core Scientific Inc Fundamentals:
Core Scientific Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.72 and a Current Ratio set at 6.72.
Core Scientific Inc [CORZ] Institutonal Ownership Details
There are presently around $85.98%, or 94.24%% of CORZ stock, in the hands of institutional investors. The top three institutional holders of CORZ stocks are: BLACKROCK INC. with ownership of 12.58 million shares, which is approximately 7.0476%. DIAMETER CAPITAL PARTNERS LP, holding 8.5 million shares of the stock with an approximate value of $$79.05 million in CORZ stocks shares; and DIAMETER CAPITAL PARTNERS LP, currently with $$78.73 million in CORZ stock with ownership which is approximately 4.7428%.
