Added to YB: 2024-06-05
Pitch date: 2024-06-05
CORZ [bullish]
Core Scientific, Inc.
+145.29%
current return
Author Info
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Company Info
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.
Market Cap
$5.3B
Pitch Price
$7.33
Price Target
30.00 (+67%)
Dividend
N/A
EV/EBITDA
-111.94
P/E
-8.01
EV/Sales
18.11
Sector
Software
Category
value
Show full summary:
Core Scientific Positioned for Significant Upside with HPC Capacity Deals and Expansion Options
CORZ: Coreweave took 200MW of 500MW HPC capacity for $300M/yr. Likely to take remaining 300MW at same or higher rate. $15-$30 price target based on 200MW contracted & 300MW at 66% rate. Undervalued due to confusing $5.75 take-under deal.
Read full article (1 min)