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

Company Fundamentals
14 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

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.

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