On June 10, 2025, Needham analyst John Todaro announced a maintained "Buy" rating for Core Scientific (CORZ, Financial). This decision reinforces the firm's positive outlook on the company's future performance.
In addition to maintaining the rating, Needham raised its price target for Core Scientific (CORZ, Financial) from $16.00 to $18.00 USD. This adjustment represents a 12.50% increase in the stock's price target, suggesting an anticipated rise in CORZ's market value.
Core Scientific (CORZ, Financial) has thus remained a recommended buy for investors, with Needham's increased price target indicating continued confidence in the company's financial prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Core Scientific Inc (CORZ, Financial) is $17.97 with a high estimate of $23.00 and a low estimate of $15.00. The average target implies an upside of 41.39% from the current price of $12.71. More detailed estimate data can be found on the Core Scientific Inc (CORZ) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, Core Scientific Inc's (CORZ, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
