What Are Analyst Opinions Regarding Core Scientific Inc (CORZ)?

Core Scientific Inc (CORZ) saw an uptrend of 0.87% in the recent trading with $3.49 being its most recent. The current price level -42.79% lower than the highest price of $6.10 marked by the stock while trading over the past 52-weeks, whereas it is 33.72% higher than the lowest price of $2.61 the company dropped to over past 52-weeks. The latest news story on CORZ appeared in (GuruFocus.com) under the title “Director Yadin Rozov Acquires 80,000 Shares of Core Scientific Inc (CORZ)”.

Squeezing the time span to 30 day period shows us the stock is currently trading -17.30% below one month high and is +18.31% above of the lowest during that time.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.67 for the stock.

Core Scientific Inc Earnings – What Happened With CORZ

Coming around sales and income figures on CORZ Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

CORZ – Core Scientific Inc Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 386.88 million.

Core Scientific Inc – Insider Activity and Holdings

As on Sep 29, 2022, Blackrock Inc. was the top most holder in Core Scientific Inc (NASDAQ:CORZ) with an ownership of 16.54 million shares of the company or 4.63% of the stake worth $21.5 million. The filing also reveals Invesco Ltd. as the second largest holder in the company with a control over 3.51% of the outstanding shares. Its stake is worth $16.32 million for having 12.55 million shares in hand.

Vanguard Group, Inc. (The) also came holding a key position in the company during the recent quarter and it now holds 3.44% of the outstanding shares. With this there are now 7 institutions which have possession in CORZ’s shares.

Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.67 for the stock.

Technical Analysis of Core Scientific Inc (NASDAQ:CORZ) stock