Bernstein Maintains a Buy on Core Scientific (CORZ), Sets a $17 PT

Core Scientific, Inc. (NASDAQ:CORZ) is one of the best stocks to invest in right now. In a report released on September 15, Gautam Chhugani from Bernstein maintained a Buy rating on Core Scientific, Inc. (NASDAQ:CORZ) and set a price target of $17.00.

Core Scientific, Inc. (NASDAQ:CORZ) reported total revenue of $78.6 million in fiscal Q2 2025 compared to $141.1 million in the same quarter last year.

Adjusted EBITDA for the quarter reached $21.5 million compared to $46.0 million for the prior year period.

Core Scientific, Inc. (NASDAQ:CORZ) operates digital Bitcoin mining and high-performance computing infrastructure. The company leverages its own fleet of computers, called miners, to earn Bitcoin for its own account and also provides hosting services for Bitcoin mining and high-performance computing customers at eight US-based operational data centers.

While we acknowledge the potential of CORZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.