Core Scientific Inc. Common Stock (CORZ)

FairStock Score: 24/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable earnings, honest accounting, and a margin of safety. Core Scientific fails the first test. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $164.2M, but net income was -$1.2B and diluted EPS was -$3.32. In fiscal Q1 2026, revenue was $115.2M and net income was -$347.2M. For FY2025, revenue was $319.0M with a net loss of $288.6M; FY2024 revenue was $510.7M with a net loss of $1.4B. These are not temporary hiccups. Free cash flow is -$957.8M on a trailing basis, a -19.3% FCF yield, and FairStock's Piotroski score is 3/9 while Altman Z is -1.16. At the 2026-10-13 close of $15.43, FairStock's P/E is -3.63, meaning there are no earnings to value. Revenue is growing: fiscal Q2 2026 revenue of $164.2M compares with $78.6M in fiscal Q2 2025. But growth without profits and with heavy cash burn is not a margin of safety. The company may benefit from AI and high-density colocation demand, but I see no proven moat in this capital-intensive, cyclical business. FairStock's Lynch category is none because it lost money in each of the last four years. Its beta is 5.48, and the 52-week range is $13.35-$30.46. Until it shows durable positive earnings and free cash flow, the price is not supported by the numbers; it is a hope-based valuation.

In plain English: Core Scientific provides data center space and power for cryptocurrency mining and high-density computing such as AI. The business is growing revenue quickly, but it has been losing large amounts of money and burning cash. At the 2026-10-13 close of $15.43, the price looks expensive relative to those losses and cash burn, though the market may be paying for future growth.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K/A (period ended 2024-12-31) · FY2023 10-K/A (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer