Core Scientific Inc (NASDAQ:CORZ) shares traded 1.73% higher at $8.81 on Wall Street last session.
CORZ stock price is now -27.33% away from the 50-day moving average and -26.13% away from the 200-day moving average. The market capitalization of the company currently stands at $2.59B.
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With the price target of $22, Keefe Bruyette recently initiated with Outperform rating for Core Scientific Inc (NASDAQ: CORZ). On January 21, 2025, Craig Hallum recently initiated its ‘Buy’ rating on the stock quoting a target price of $24, while ‘ROTH MKM’ rates the stock as ‘Buy’
In other news, Weiss Eric Stanton, Director bought 6,000 shares of the company’s stock on Mar 06 ’25. The stock was bought for $50,750 at an average price of $8.46. Upon completion of the transaction, the Director now directly owns 221,687 shares in the company, valued at $1.95 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 06 ’25, Director Levy Jordan bought 62,500 shares of the business’s stock. A total of $500,506 was incurred on buying the stock at an average price of $8.01. This leaves the insider owning 306,887 shares of the company worth $2.7 million. A total of 12.62% of the company’s stock is owned by insiders.
During the past 12 months, Core Scientific Inc has had a low of $2.61 and a high of $18.63. The fifty day moving average price for CORZ is $12.1237 and a two-hundred day moving average price translates $11.92635 for the stock.
The latest earnings results from Core Scientific Inc (NASDAQ: CORZ) was released for 2024-12-31. For the current quarter, analysts expect CORZ to generate $92.77M in revenue.
