CORZ posts 801% YoY revenue jump with strong margin growth, but Hold advised amid high valuation.

Core Scientific (CORZ) has rebounded impressively from its 2022 bankruptcy by diversifying into bitcoin mining and high-performance computing. In its fiscal Q1 2026, CORZ reported an 801% year-over-year increase in colocation revenue alongside significant gross margin expansion. The company plans to further boost its power capacity up to 3 GW, which could drive continued top and bottom-line growth if new customer deals materialize. Despite recent stock gains and a high EV/Sales ratio of 13.55x, the analyst recommends holding the stock and waiting for a potential price pullback to the $18 range for a safer entry point.