Bernstein Maintains a Buy on Core Scientific (CORZ), Sets a $17 PT

Core Scientific, Inc. (NASDAQ:CORZ) is one of the best stocks to invest in right now. In a report released on September 15, Gautam Chhugani from Bernstein maintained a Buy rating on Core Scientific, Inc. (NASDAQ:CORZ) and set a price target of $17.00.

Why Is Core Scientific Inc (CORZ) Plunging In 2025?

Core Scientific, Inc. reported total revenue of $78.6 million in fiscal Q2 2025 compared to $141.1 million in the same quarter last year.

Adjusted EBITDA for the quarter reached $21.5 million compared to $46.0 million for the prior year period.

Core Scientific, Inc. operates digital Bitcoin mining and high-performance computing infrastructure. The company leverages its own fleet of computers, called miners, to earn Bitcoin for its own account and also provides hosting services for Bitcoin mining and high-performance computing customers at eight US-based operational data centers.

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This article is originally published at Insider Monkey.