Core Scientific, Inc. (NASDAQ:CORZ) is one of the 10 Bitcoin Miners That Are Now Data Center Companies.
Based on the research report released on June 24, BTIG analyst Gregory Lewis raised the firm’s price target on Core Scientific, Inc. (NASDAQ:CORZ) from $33 to $38 while keeping a Buy rating
The revised price target offers an additional 46% upside from the current levels. However, not all analysts share the same level of optimism. On June 16, Freedom Capital initiated coverage on Core Scientific, Inc. (NASDAQ:CORZ) with a Hold rating and assigned a price target of $33.
The firm believes that the company has strong long-term potential as a colocation provider, especially given that AI data center capacity is currently limited. The firm’s neutral stance on the stock reflects its belief that much of its expected future growth in 2027 and even 2028 is already reflected in the stock price. Similarly, on June 12, Lucid Capital reinitiated its coverage of Core Scientific, Inc. (NASDAQ:CORZ) stock with a Buy rating and set a price target of $40.