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How to Buy Core Scientific Stock

Core Scientific Inc

Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services.

Core Scientific stock last closed at $3.35, up 4.69% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Software - Infrastructure industry by N/A percentage points. Core Scientific stock is currently +28.35% from its 52-week low of $2.61, and -45.08% from its 52-week high of $6.10.

As of May 3, 2024, there are 177.6M shares of CORZ outstanding. The market capitalization of CORZ is $594.95M. In the last 24 hours, 1.74M CORZ shares were traded.

How to Buy Core Scientific Stock

Not sure how to invest in Core Scientific stock? Here's how.
  1. Figure out where to buy Core Scientific stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Core Scientific stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your payment method and add your details.
  4. Research Core Scientific stock: The Core Scientific ticker symbol is CORZ. Is Core Scientific stock a good investment? Should you buy shares of CORZ? How do CORZ's underlying business fundamentals look? Do top analysts think Core Scientific is a good buy? Why has CORZ's stock price moved recently? (Hint: Our stock research website can help you evaluate if CORZ is a good stock to buy).
  5. Make your CORZ buy order: Decide if you will purchase CORZ shares at the current market price or use a limit order to buy CORZ stock at a specific price.
  6. Keep an eye on your CORZ position: Create a watchlist to keep track of your new investment in Core Scientific shares.

Step 1: Figure out where to buy Core Scientific stock

You will need an online brokerage account in order to access the NASDAQ market and buy CORZ stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, you need to fill out some personal information so you are able to buy CORZ today.

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Step 3: Put funds into your brokerage account

Now that you have filled out your info on a good online stock trading app, your next step is to transfer the money for your investment:

Check out this video walkthrough to see the process of depositing funds into your new investment account.

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Step 4: Research Core Scientific stock

After you have chosen the best place to buy Core Scientific stock, it's very important to analyze their stock before you buy, so you truly comprehend the risk as well as the opportunity.

Core Scientific Numbers

CORZ Price
$3.35
1w %
-3.74%
1y %
N/A
5y %
N/A
P/E
-5.15x
P/B
-1x
P/S
2.53x
PEG
N/A
Revenue
$502.40M
Earnings
-$246.49M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$594.95M
Next Earnings
May 6, 2024
Next Dividend
N/A

Core Scientific Overview

WallStreetZen was built to help average investors do more accurate fundamental analysis.

You can view all of the due diligence checks on CORZ's stock page.

Is CORZ stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge CORZ's true value.

You can do additional valuation research on CORZ's stock here.

Is CORZ a healthy company?

Negative Health Checks:

  • CORZ profit margin has gone up by 2.86 percentage points in the past year, but the company is still unprofitable.
  • CORZ earnings of -$159.57M is not enough to cover its interest payments.
  • CORZ debt to equity ratio of -2.19 is negative.
  • CORZ's operating cash flow of $65.11M allows it to safely service it's debt of $964.88M.
  • There are more short-term liabilities than short-term assets on the CORZ balance sheet.
  • Total CORZ debt is still negative.
  • There are more long-term liabilities than short-term assets on the CORZ balance sheet.

Is CORZ stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 sell side analysts who monitor CORZ, the consensus analyst rating on CORZ is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Core Scientific stock forecast page.

CORZ Technicals

SMA10
3.28
SMA20
3.14
SMA50
3.36
SMA100
N/A
SMA200
N/A
MACD
-0.03
MACD Signal
-0.04
MACD Histogram
0.02
RSI
53.24
Stochastic %K
63
Stochastic %D
52.38
StochRSI %K
64.98
StochRSI %D
53.72

CORZ Performance Numbers

Last year, CORZ revenue was $502.40M. Over the last 3 year, CORZ's revenue has increased by 194.24% per year. This was faster than the Software - Infrastructure industry average of 17.33%.

You can research CORZ's earnings and revenue performance here.

Latest Insiders Trades at CORZ

Over the last year, executives and large shareholders at CORZ have bought more shares than they have sold.

Todd A. Becker, Director of CORZ, was the latest CORZ insider to buy. They bought $410,150.00 worth of CORZ stock on Mar 15, 2024.

Get more info about who owns CORZ stock here.

Can I rely on CORZ as an income stream?

No, Core Scientific doesn't provide an income stream by paying out dividends.

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Step 5: Make your CORZ buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, place a limit order.

Press the Open button and eToro will place your order.

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Step 6: Keep an eye on your CORZ position

Now that you own some CORZ shares, you'll want to keep up with your investment.

Make a watchlist to monitor your CORZ stock.

CORZ Feed

How to Buy Stock in Core Scientific

To reiterate, here are the 6 steps to buy Core Scientific stock:

  1. Figure out where to buy Core Scientific stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Research Core Scientific stock
  5. Make your CORZ buy order
  6. Keep an eye on your CORZ position

If you require a brokerage account, eToro is our recommended venue.

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If you would like to keep tabs on your new investment in Core Scientific, add CORZ to your watchlist by clicking the button below.

NASDAQ: CORZ
$3.35+0.15 (+4.69%)
Updated May 3, 2024
Open eToro Account
NASDAQ: CORZ
$3.35+0.15 (+4.69%)
Updated May 3, 2024
Open eToro Account

FAQ

How much does it cost to buy one Core Scientific share?

As of May 3, 2024, it costs $3.35 to buy one share of Core Scientific stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.299 shares of CORZ.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Core Scientific stock?

According to 2 Wall Street analysts who monitor Core Scientific, their consensus recommendation is to buy Core Scientific stock.

What is the best way to buy Core Scientific stock?

One way to place an order for Core Scientific stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.