Reported 1 day ago
Core Scientific, Inc. (NASDAQ:CORZ), despite reporting a 44.3% year-over-year drop in revenue to $78.63 million and a decrease in bitcoin mining, maintains a positive outlook with a potential upside of 5.07%. While mixed analyst sentiments exist, with some affirming a Buy rating and others leaning toward Hold, the company's growth since its IPO in January 2024 remains significant at over 371%. Core Scientific is shifting focus towards AI-related workloads, aiming to enhance its position in the digital infrastructure sector.
Source: YAHOO