Core Scientific, Inc. (CORZ)
Core Scientific: A Growth Story Behind Colocation Moat
Core Scientific is rated Buy, driven by robust colocation revenue and strong execution in a rapidly expanding AI-driven market. The company's colocation business, accounting for over 80% of revenue, is underpinned by long-term contracts like AMD and CoreWeave, offering diversification and high profit margins. Revenue and EBITDA trends are positive, with FY2026 revenue estimated at $671.63 million (110.53% YoY growth) and EBITDA projected to reach $194.08 million by FY2028.
Core Scientific Q2 Earnings Call Highlights
Core Scientific NASDAQ: CORZ said it has entered a commercial partnership with AMD covering up to 2.5 gigawatts of data center capacity, beginning with approximately 530 megawatts across five campuses under 15-year agreements.
Core Scientific, Inc. (CORZ) Surpasses Q2 Earnings and Revenue Estimates
Core Scientific, Inc. (CORZ) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to a loss of $0.04 per share a year ago.
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
