Core Scientific Inc (CORZ)

Core Scientific's stock has seen a significant increase over the last six months. A major event was the termination of a proposed merger with CoreWeave, but analysts indicate that the situation has stabilized. The company's strategic pivot towards AI and HPC colocation has been a significant positive driver. Multiple analysts have issued "Buy" or "Outperform" ratings and price targets for CORZ. In Q3 2025, Core Scientific reported revenues of $81.1 million and a net loss of $146.7 million. Insider trading activity includes one purchase by ERIC STANTON WEISS for 5,000 shares. In Q3 2025, 197 institutional investors increased their positions, while 202 decreased theirs. In January 2026, the stock saw increased trading activity following the expansion of its greener hosting services.

Core Scientific's demand seasonality is influenced by its Bitcoin mining operations and its growing high-density computing (HPC) for AI services. Bitcoin mining demand and profitability can fluctuate with seasonal changes, with higher temperatures leading to increased cooling demands and electricity costs. The demand for Core Scientific's HPC/AI hosting services is driven by the accelerating need for high-density computing for AI and enterprise workloads and is generally less seasonal.

Core Scientific, Inc. is a digital infrastructure and blockchain services provider that operates in the Software sector, specifically within the Application Software industry, and is also a key player in the datacenter and cloud computing industries. The company's business model revolves around digital asset self-mining and providing high-density colocation services. Core Scientific is transitioning from primarily digital asset self-mining to becoming a premier provider of high-density colocation services for advanced computing workloads, particularly AI.

Core Scientific operates a network of high-performance data centers across the United States. The company has 9 listed data centers, with 8 currently operational and 1 under development, located in seven U.S. states: Alabama, Georgia, Kentucky, North Carolina, North Dakota, Oklahoma, and Texas. Core Scientific has over 1,300 MW of contracted power capacity across its U.S. data centers.

Core Scientific's brand reputation has been shaped by its emergence from Chapter 11 bankruptcy and its strategic pivot to high-density colocation for AI workloads. The continued execution of HPC contracts with CoreWeave has reinforced Core Scientific's reputation. The company's emphasis on expanding greener hosting services contributes positively to its brand image. No major controversies or negative events directly impacting its brand reputation, beyond the initial market reaction to the failed merger, have been widely reported in the past year.

Core Scientific's ownership is predominantly institutional, accounting for a substantial percentage of the company's shares. Major institutional holders include Vanguard Group Inc., Blackrock Inc., Pentwater Capital Management LP, Situational Awareness LP, Valiant Capital Management, L.P., Two Seas Capital LP, Citadel Securities LLC, and Jericho Capital Asset Management L.P. Adam Taylor Sullivan is identified as the largest individual shareholder.