Is Core Scientific, Inc. (NASDAQ:CORZ) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Core Scientific, Inc. at current levels.
The CoreWeave merger turned a recovering bitcoin miner into one of America's largest dedicated AI hosting operators, and the market still trades it like the old story.
Where CORZ is headed
By the back half of 2027, Core Scientific will not be described as a bitcoin miner that pivoted to AI. It will be described as the largest pure-play HPC colocation operator in North America that happens to have a legacy bitcoin business throwing off cash on the side. The 12-year, 590MW contract with CoreWeave (announced in 2024, expanded through 2025) is the spine of this. Once the Denton and Muskogee sites are fully energised, contracted HPC revenue alone runs at roughly $1.1 billion annually at gross margins north of 75%, a different financial creature from the 20% gross margin mining business that defines today's reported numbers.
Read the full Compass Direction on CORZ
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $27.01).
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Frequently asked questions
Is Core Scientific, Inc. (NASDAQ:CORZ) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Core Scientific, Inc. at current levels. The CoreWeave merger turned a recovering bitcoin miner into one of America's largest dedicated AI hosting operators, and the market still trades it like the old story.
What is CORZ's Compass Score?
Core Scientific, Inc. scores 90/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for CORZ?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the CORZ page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.