Core Scientific, Inc. (CORZ)
Core Scientific: A Bullish Bet On AI Power Scarcity
Core Scientific is transitioning from a volatile Bitcoin miner to a high-density AI colocation provider with long-duration, contracted revenue streams. Q1 2026 results show colocation revenue surged to $77.5M, now the dominant segment, with gross profit margins of 57% and a multi-gigawatt power pipeline. The expanded CoreWeave partnership validates CORZ's AI infrastructure pivot, supporting $10B+ in contracted revenue and 590MW leased, with further upside from pipeline conversion.
These 3 Bitcoin Miner Stocks Are Riding the AI Data Center Boom
"A rising tide lifts all boats" is a popular piece of market jargon, but you can see why it sticks during rallies like the AI gold rush. Anyone and everyone is trying to get into the data center game today, including some former Bitcoin miners strategically pivoting to the next big thing.
Core Scientific Targets AI Data Center Deals as Build Costs Climb
Core Scientific NASDAQ: CORZ is focused on expanding five new data center sites under development, diversifying its customer base and positioning itself to win long-term artificial intelligence infrastructure contracts, CEO Adam Sullivan said at the 54th Annual TD Cowen TMT Conference.
Core Scientific: AI Beneficiary Status Is Proven, But Shares Retest Prior Highs
CORZ has executed a brilliant reversal from the prior bankruptcy in 2022, as they deliver a successful diversification across bitcoin mining and HPC operations. Their FQ1 '26 results show colocation revenue up +801% YoY with notable gross margin expansion, and further top/bottom-line outperformance is likely as they ramp up their power capacity. Despite the recent rally and the elevated EV/Sales of 13.55x, CORZ's expanding power capacity of up to 3 GW supports their compelling high-growth prospects, pending new customer agreements.
Core Scientific, Inc. (CORZ) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Core Scientific, Inc. (CORZ) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Core Scientific, Inc. (CORZ) Reports Q1 Loss, Lags Revenue Estimates
Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to a loss of $0.1 per share a year ago.
Investor Makes $30 Million Bet on Another Bitcoin Miner Pivoting Toward AI Data Centers
Covalis (Gibraltar) Ltd initiated a new position in Core Scientific, buying 2,080,550 shares in the fourth quarter. The quarter-end position value increased by $30.29 million due to the new purchase.
Core Scientific Hints At Outsized FY2026/FY2027 Prospects - Maintain Buy
CORZ is positioned for significant margin expansion and top-line growth from FQ1'26 onwards, based on the guidance of ~$850M annual revenue and 75–80% gross margins from CRWV contracts. Despite the cooling AI sentiment, the capex-light model and strong industry tailwinds support the Bitcoin miner turned HPC provider's growth prospects. CORZ's growth-to-valuation profile is attractive post-correction, with FY2026 EV/Sales at 7.91x and projected 3Y revenue growth CAGR of +62.9% outpacing most peers.
Core Scientific, Inc. (CORZ) Q4 2025 Earnings Call Transcript
Core Scientific, Inc. (CORZ) Q4 2025 Earnings Call Transcript
Core Scientific, Inc. (CORZ) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Core Scientific, Inc. (CORZ) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Core Scientific, Inc. (CORZ) Reports Q4 Loss, Misses Revenue Estimates
Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to a loss of $0.01 per share a year ago.
Core Scientific: Buying This AI Data Center Winner Into Recent Weakness
Core Scientific is undergoing a strategic pivot from BTC mining to AI and HPC infrastructure, targeting higher-margin colocation revenue. The terminated CoreWeave acquisition leaves CORZ with a lucrative 12-year, $10B+ contract, providing high revenue visibility and strong margins. Despite high customer concentration and legacy digital asset exposure, I am bullish on CORZ given its aggressive growth ambitions and undervalued status.
