Core Scientific Target of Unusually High Options Trading (NASDAQ:CORZ)

Posted by Francis Steltz on Aug 30th, 2026

Core Scientific, Inc. (NASDAQ:CORZ – Get Free Report) was the target of unusually large options trading activity on Friday. Stock investors acquired 182,991 call options on the stock. This represents an increase of approximately 117% compared to the typical daily volume of 84,411 call options.

Wall Street Analysts Forecast Growth

CORZ has been the topic of several analyst reports. Keefe, Bruyette & Woods upgraded Core Scientific from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $25.00 to $28.00 in a research report on Thursday, July 30th. Capital One Financial set a $33.00 price target on Core Scientific in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Core Scientific in a research note on Friday, July 17th. B. Riley Financial lifted their price objective on Core Scientific from $33.00 to $42.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, Wolfe Research reiterated a “buy” rating on shares of Core Scientific in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $32.18.

Get Our Latest Analysis on CORZ

Core Scientific Stock Performance

CORZ opened at $16.51 on Friday. Core Scientific has a fifty-two week low of $13.14 and a fifty-two week high of $30.46. The firm’s fifty day moving average is $21.85 and its 200 day moving average is $21.02. The stock has a market cap of $5.31 billion, a price-to-earnings ratio of -3.74 and a beta of 5.59.

Core Scientific (NASDAQ:CORZ – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported ($3.32) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($3.26). The company had revenue of $164.20 million for the quarter, compared to the consensus estimate of $144.83 million. On average, equities research analysts predict that Core Scientific will post -1.36 earnings per share for the current year.

Insider Buying and Selling at Core Scientific

In other news, insider Todd M. Duchene sold 10,000 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $19.97, for a total transaction of $199,700.00. Following the completion of the sale, the insider owned 1,969,101 shares of the company’s stock, valued at $39,322,946.97. The trade was a 0.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders have sold 100,000 shares of company stock worth $2,360,300. Company insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Core Scientific

Hedge funds have recently made changes to their positions in the business. Corient Private Wealth LP purchased a new stake in shares of Core Scientific during the second quarter worth about $353,000. Amundi lifted its holdings in Core Scientific by 62.2% in the 2nd quarter. Amundi now owns 16,572 shares of the company’s stock worth $424,000 after purchasing an additional 6,358 shares in the last quarter. California State Teachers Retirement System lifted its holdings in Core Scientific by 2,488.6% in the 2nd quarter. California State Teachers Retirement System now owns 7,479,420 shares of the company’s stock worth $191,398,000 after purchasing an additional 7,190,484 shares in the last quarter. Rose Capital Advisors LLC bought a new position in Core Scientific in the 2nd quarter worth approximately $324,000. Finally, AlphaGrep UK Ltd bought a new position in Core Scientific in the 2nd quarter worth approximately $223,000.

Core Scientific Company Profile

(Get Free Report)

Core Scientific, Inc (NASDAQ: CORZ) is a leading provider of large-scale blockchain infrastructure and digital asset mining services. The company develops, owns and operates high-performance data centers optimized for the mining of Bitcoin and other proof-of-work cryptocurrencies. In addition to its core mining operations, Core Scientific offers colocation, hosting and managed services designed to support institutional clients and enterprise users in deploying and scaling blockchain nodes and computing hardware.

Core Scientific’s service portfolio includes hardware procurement, deployment and maintenance, real-time monitoring, power management and network connectivity.