11 Stocks That Will Bounce Back According to Analysts

9. Core Scientific, Inc. (NASDAQ:CORZ)

Year-to-Date Performance: -39.57%

Average Price Target Upside Potential According to Analysts: 105.71%

Number of Hedge Fund Holders: 66

Core Scientific, Inc. (NASDAQ:CORZ) is a leading company in digital infrastructure for digital assets mining and high-performance computing. The company provides digital infrastructure to third-party customers and also owns a large fleet of computers to earn digital assets for its own account. The company is allocating and converting a significant portion of its operational data centers to support AI-related workloads and deliver hosting services for high-performance computing. According to analysts, Core Scientific, Inc. (NASDAQ:CORZ) is one of the top stocks that will bounce back.

In February 2025, Core Scientific, Inc. (NASDAQ:CORZ) expanded its partnership with CoreWeave, an AI Hyperscaler, with a new agreement that brings an additional $1.2 billion in contracted revenue at Core Scientific’s Denton TX location. This deal adds 70 megawatts (MW) of contracted power at the Denton site to bring its full critical IT load to about 260 MW. This also increases CoreWeave’s total contracted high-performance computing (HPC) infrastructure contracted with Core Scientific, Inc. (NASDAQ:CORZ) to about 590 MW across six sites. The company is actively looking for sites to expand its HPC hosting capacity, and it could see over $10 billion in potential cumulative revenue with CoreWeave.

On April 8, Jefferies analysts reduced the price target on Core Scientific, Inc. (NASDAQ:CORZ) to $14 from $18 but maintained a “Buy” rating. The analysts noted the company’s potential to benefit from the growing demand for data center infrastructure needed for AI. According to Jefferies analysts, the market has not yet fully recognized the value of Core Scientific, Inc.’s (NASDAQ:CORZ) collaboration with CoreWeave, which places the company in a favorable position to capitalize on significant revenue growth.