How to Buy Core Scientific Stock
Core Scientific Inc
Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services.
Core Scientific stock last closed at $6.63, up 0.61% from the previous day, and has increased 145.56% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 1.96 percentage points. Core Scientific stock is currently +130.21% from its 52-week low of $2.88, and -64.41% from its 52-week high of $18.63.
At the moment, there are 294.12M shares of CORZ outstanding. The market cap of CORZ is $1.95B. In the past 24 hours, 9.75M CORZ shares were traded.
How to Buy Core Scientific Stock
Wondering how to invest in Core Scientific stock? Here's how.
- Figure out where to buy Core Scientific stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Core Scientific stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your details.
- Research Core Scientific stock: The Core Scientific ticker symbol is CORZ. Is Core Scientific stock a good investment? Should you buy shares of CORZ? How do CORZ's underlying business fundamentals look? Do top analysts think Core Scientific is a good buy? Why has CORZ's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if CORZ is a good stock to buy).
- Make your CORZ buy order: Decide if you will purchase CORZ shares at the current market price or use a limit order to purchase CORZ stock at a specific price.
- Keep an eye on your CORZ position: Create a watchlist to keep tabs on your investment in Core Scientific shares.
Step 1: Figure out where to buy Core Scientific stock
You will need an online brokerage account to access the NASDAQ market and buy CORZ stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy CORZ today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on mobile trading apps, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Research Core Scientific stock
After you have figured out the best place to buy Core Scientific stock, it's crucial to evaluate their stock prior to investing, so you actually comprehend the risk as well as the upside.
Core Scientific stock at a glance
Fundamentals of CORZ
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on CORZ's stock page.
Is CORZ stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge CORZ's fair value.
You can access more valuation research on CORZ's stock here.
CORZ Financials at a glance
Positive Health Checks:
- CORZ has $860.87M in cash and short term investments. This is sufficient to cover its annual cash burn of $52.30M.
- CORZ has cash burn of 52296000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the CORZ balance sheet.
Negative Health Checks:
- CORZ profit margin has gone down from -49.1% to -257.5% in the past year.
- There are more long-term liabilities than short-term assets on the CORZ balance sheet.
- CORZ debt to equity ratio of -2.95 is negative.
- Total CORZ debt is still negative.
Do Wall Street analysts think it's a good time to buy CORZ stock
Out of 12 Wall Street analysts who track CORZ, the consensus analyst rating on CORZ is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent CORZ Analyst Ratings
George Sutton, a top 14% analyst from Craig-Hallum initiates coverage on CORZ with a buy rating and announces their CORZ price target of $24.00, on Jan 21, 2025.
Gregory Lewis, a top 8% analyst from BTIG maintains CORZ with a strong buy rating and raises their CORZ price target from $19.00 to $20.00, on Dec 16, 2024.
BTIG's Gregory Lewis raised their price target on Core Scientific (NASDAQ: CORZ) by 5.3% from $19 to $20 on 2024/12/16. The analyst maintained their Strong Buy rating on the stock.
Lewis said a deep dive into their Energy Transition and Maritime portfolio catalyzed their price target hike on Core Scientific.
Data centers are playing a significant role in the largest grid shift in the U.S. since the 1920s when utilities began to connect across state lines, the analyst told investors.
Lewis predicted a 10% annual increase in the U.S. data center capacity for the next five years, contributing to a 2% annual growth in the U.S. power demand.
Core Scientific is already reaping the benefits of grid power because of the long connection periods and urgent need for electricity, the analyst pointed out.
Lewis noted that Bloom Energy customers can use their natural gas fuel cells behind the meter.
Darren Aftahi, a bottom 2% analyst from Roth MKM initiates coverage on CORZ with a strong buy rating and announces their CORZ price target of $25.50, on Nov 15, 2024.
Paul Golding, a bottom 8% analyst from Macquarie maintains CORZ with a buy rating and raises their CORZ price target from $16.00 to $19.00, on Nov 14, 2024.
Lucas Pipes, a bottom 8% analyst from B. Riley Securities maintains CORZ with a strong buy rating and raises their CORZ price target from $16.00 to $17.00, on Nov 7, 2024.
You can dive deeper into what analysts are forecasting on the Core Scientific stock forecast page.
CORZ Momentum
How is CORZ performing as a company?
Last year, CORZ revenue was $510.67M. During the last 4 year, CORZ's revenue has gone up by 70.58% per year. This was faster than the Software - Infrastructure industry average of 17.45%.
You can analyze CORZ's earnings and revenue performance here.
Who is buying/selling CORZ?
Over the past 12 months, executives and large shareholders at CORZ have sold more shares than they have bought.
Todd M. Duchene, Chief Legal and Administrative Officer of CORZ, was the latest CORZ insider to sell. They sold $59,581.76 worth of CORZ stock on Apr 1, 2025.
Get more info about who owns CORZ stock here.
Does CORZ stock generate passive income?
No, Core Scientific doesn't provide an income stream by paying out dividends.
What others are saying about CORZ
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your CORZ buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Press the Open Trade button and eToro will place your order.
If you want additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your CORZ position
Now that you own some CORZ shares, you'll want to stay up-to-date on your new investment.
Add CORZ to a watchlist to get notified of important updates regarding your CORZ stock.
CORZ Feed
How to Buy Stock in Core Scientific
To reiterate, here are the 6 steps to buy stock in Core Scientific:
- Figure out where to buy Core Scientific stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Core Scientific stock
- Make your CORZ buy order
- Keep an eye on your CORZ position
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in Core Scientific, add CORZ to your watchlist below.
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