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Needham Keeps Their Buy Rating on Core Scientific Inc (CORZ)

Tipranks - Fri May 8, 6:05AM CDT

Needham analyst John Todaro reiterated a Buy rating on Core Scientific Inc today and set a price target of $29.00.

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Todaro covers the Financial sector, focusing on stocks such as Robinhood, TeraWulf Inc, and Riot Platforms. According to TipRanks, Todaro has an average return of 62.5% and a 62.61% success rate on recommended stocks.

Currently, the analyst consensus on Core Scientific Inc is a Strong Buy with an average price target of $27.38.

Based on Core Scientific Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $79.76 million and a net profit of $214.15 million. In comparison, last year the company earned a revenue of $94.93 million and had a GAAP net loss of $265.54 million

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CORZ in relation to earlier this year. Most recently, in March 2026, Eric Stanton Weiss, a Director at CORZ bought 7,000.00 shares for a total of $101,640.00.

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