Core Scientific’s (CORZ) Data Center Pivot Could See The Stock Gain 50% From Here On
Key takeaways
- Core Scientific’s (CORZ) Data Center Pivot Could See The Stock Gain 50% From Here On Jabran Kundi Thu, July 2, 2026 at 7:48 PM GMT+7 2 min read CORZ BTC-USD CORZZ Core Scientific, Inc.
- However, not all analysts share the same level of optimism.
- Similarly, on June 12, Lucid Capital reinitiated its coverage of Core Scientific, Inc.
Core Scientific’s (CORZ) Data Center Pivot Could See The Stock Gain 50% From Here On Jabran Kundi Thu, July 2, 2026 at 7:48 PM GMT+7 2 min read CORZ BTC-USD CORZZ Core Scientific, Inc. (NASDAQ:CORZ) is one of the 10 Bitcoin Miners That Are Now Data Center Companies. Based on the research report released on June 24, BTIG analyst Gregory Lewis raised the firm's price target on Core Scientific, Inc. (NASDAQ:CORZ) from $33 to $38 while keeping a Buy rating. The revised price target offers an additional 46% upside from the current levels.
However, not all analysts share the same level of optimism. On June 16, Freedom Capital initiated coverage on Core Scientific, Inc. (NASDAQ:CORZ) with a Hold rating and assigned a price target of $33. The firm believes that the company has strong long-term potential as a colocation provider, especially given that AI data center capacity is currently limited. The firm's neutral stance on the stock reflects its belief that much of its expected future growth in 2027 and even 2028 is already reflected in the stock price.
Similarly, on June 12, Lucid Capital reinitiated its coverage of Core Scientific, Inc. (NASDAQ:CORZ) stock with a Buy rating and set a price target of $40. The firm believes that the company is entering its second phase of growth and is proving that it can operate a high-performance computing platform. Moreover, the company has enough financial strength to support the development of about 1 gigawatt of computing capacity across its current and planned sites, the analyst told investors in a research note.