Core Scientific Inc Holds Annual Stockholders Meeting

Core Scientific Inc ( (CORZ) ) just unveiled an announcement.

On May 12, 2025, Core Scientific, Inc. held its Annual Meeting of Stockholders, where key proposals were voted on, including the election of a board nominee and the approval of executive compensation. The meeting also addressed the frequency of advisory votes on executive compensation, with stockholders opting for annual votes. Additionally, the meeting was adjourned to May 23, 2025, to consider amendments to the company’s Certificate of Incorporation, aimed at eliminating board classification and supermajority vote requirements, as well as removing certain creditor consent rights.

The most recent analyst rating on (CORZ) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Core Scientific Inc stock, see the CORZ Stock Forecast page.

Spark’s Take on CORZ Stock

According to Spark, TipRanks’ AI Analyst, CORZ is a Neutral.

Core Scientific Inc.’s overall score reflects significant financial challenges, including persistent losses and financial instability, which weigh heavily on the stock’s prospects. Technical indicators suggest bearish momentum, and the negative P/E ratio highlights valuation concerns. Recent strategic initiatives provide some optimism, but the company must overcome substantial transitional hurdles to achieve sustainable growth.

To see Spark’s full report on CORZ stock, click here.

More about Core Scientific Inc

Core Scientific, Inc. operates in the technology industry, specializing in blockchain and digital asset mining. The company focuses on providing infrastructure and software solutions for blockchain networks, catering to the growing demand for cryptocurrency mining and related services.

Average Trading Volume: 17,066,808

Technical Sentiment Signal: Hold

Current Market Cap: $2.94B

Learn more about CORZ stock on TipRanks’ Stock Analysis page.