<div id="readability-page-1"><p>Core Scientific, Inc. (NASDAQ:CORZ - Get Free Report) was the target of unusually large options trading on Friday. Stock traders purchased 445,716 call options on the company. This is an increase of approximately 204% compared to the typical daily volume of 146,799 call options.</p><div><p><span></span><span>Get <strong>Core Scientific</strong> alerts:</span></p></div><h2>Core Scientific Stock Down 0.1%</h2><ul><li>CoreWeave: Why the New King of AI Infrastructure Has Room to Run</li></ul><p>Shares of CORZ opened at $20.74 on Friday. Core Scientific has a 12 month low of $6.20 and a 12 month high of $22.12. The company has a 50-day moving average price of $16.92 and a two-hundred day moving average price of $13.68. The stock has a market cap of $6.43 billion, a price-to-earnings ratio of 138.28 and a beta of 6.58. </p><p>Core Scientific (NASDAQ:CORZ - Get Free Report) last posted its earnings results on Friday, October 24th. The company reported ($0.46) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.85) by $0.39. The firm had revenue of $81.10 million during the quarter, compared to the consensus estimate of $107.18 million.  Equities research analysts expect that  Core Scientific will post 0.52 EPS for the current fiscal year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>CoreWeave's $9 Billion Power Play for Core Scientific</li></ul><p>A number of institutional investors have recently modified their holdings of the company. HHM Wealth Advisors LLC raised its stake in shares of  Core Scientific by 96.5% in the second quarter. HHM Wealth Advisors LLC now owns 1,926 shares of the company's stock valued at $33,000 after acquiring an additional 946 shares during the last quarter.  Osaic Holdings Inc. raised its stake in shares of  Core Scientific by 112.1% in the second quarter. Osaic Holdings Inc. now owns 2,017 shares of the company's stock valued at $34,000 after acquiring an additional 1,066 shares during the last quarter.  Advisors Asset Management Inc. raised its stake in shares of  Core Scientific by 68.3% in the second quarter. Advisors Asset Management Inc. now owns 2,690 shares of the company's stock valued at $46,000 after acquiring an additional 1,092 shares during the last quarter.  Wellington Management Group LLP raised its stake in shares of  Core Scientific by 11.7% in the first quarter. Wellington Management Group LLP now owns 11,967 shares of the company's stock valued at $87,000 after acquiring an additional 1,256 shares during the last quarter.  Finally, Main Management ETF Advisors LLC raised its stake in shares of  Core Scientific by 1.6% in the second quarter. Main Management ETF Advisors LLC now owns 82,075 shares of the company's stock valued at $1,401,000 after acquiring an additional 1,332 shares during the last quarter. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of analysts have issued reports on the company. Macquarie lifted their price objective on Core Scientific from $15.00 to $18.00 and gave the stock a &#34;neutral&#34; rating in a research note on Monday, September 29th. Needham &amp; Company LLC downgraded Core Scientific from a &#34;moderate buy&#34; rating to a &#34;hold&#34; rating and set a $18.00 price objective on the stock. in a research note on Thursday, July 10th. Jefferies Financial Group  set a $24.00 price objective on Core Scientific and gave the stock a &#34;buy&#34; rating in a research note on Tuesday. Citigroup downgraded Core Scientific from an &#34;outperform&#34; rating to a &#34;market perform&#34; rating in a research note on Monday, July 14th. Finally, Citizens Jmp downgraded Core Scientific from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Monday, July 14th. One analyst  has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock  has an average rating of &#34;Hold&#34; and a consensus price target of $21.25.</p><ul><li>3 Stocks With Near-Unanimous Buys That Could Rally Higher</li></ul><p><b>Get Our Latest Research Report on Core Scientific</b></p><h2>About Core Scientific</h2> (Get Free Report)<p>Core Scientific, Inc provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.</p><h2>Read More</h2><ul><li>Five stocks we like better than Core Scientific</li><li>The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number</li><li>Why Microsoft's Post-Earnings Dip Is a Buy-the-Pause Moment</li><li>Trading Stocks: RSI and Why it's Useful</li><li>NVIDIA’s Billion-Dollar Bet Puts Nokia Back in the Growth Game</li><li>What is a buyback in stocks? A comprehensive guide for investors</li><li>Hold Ratings, High Rewards? 3 Stocks That Could Defy Expectations</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Core Scientific Right Now?</h2><p>Before you consider Core Scientific, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Core Scientific wasn't on the list.</p><p>While Core Scientific currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CORZ

<p>Core Scientific, Inc. (NASDAQ:CORZ) experienced a significant surge in options trading, with traders purchasing 445,716 call options, marking a 204% increase from the average volume. The stock opened at $20.74, with a market cap of $6.43 billion and a P/E ratio of 138.28. Recently, the company reported earnings of ($0.46) EPS, surpassing estimates. Analysts have mixed ratings on the stock, with a consensus price target of $21.25. Core Scientific specializes in digital asset mining services in North America.</p>

Traders Purchase Large Volume of Core Scientific Call Options (NASDAQ:CORZ)