Core Scientific, Inc. (NASDAQ:CORZ) is considered one of the best short squeeze stocks to buy now. Ladenburg Thalmann raised its price target for CORZ from $22.50 to $24.50, citing potential earnings from High-Performance Computing and growth in Core Scientific’s hashrate.
Ladenburg Thalmann projects Core Scientific’s non-GAAP cash earnings to reach $461 million, with calendar 2027 revenues expected to hit $1.055 million. The firm notes that Core Scientific’s break-even mining price remains below current and projected Bitcoin prices, ensuring profitability despite volatility.
Core Scientific, Inc. recently terminated a proposed merger with CoreWeave, Inc. due to shareholder disapproval. The July 2025 merger agreement has been officially dissolved as a result.
Core Scientific, Inc. (NASDAQ:CORZ) operates digital Bitcoin mining and high-performance computing infrastructure in the US. The company mines Bitcoin using its own miners and provides hosting services at eight operational data centers.
While CORZ shows promise, some believe other AI stocks offer better upside potential with lower risk. For those seeking undervalued AI stocks with growth potential, consider exploring alternative investment options.
Read more at Yahoo Finance: Ladenburg Thalmann Raises Core Scientific (CORZ) Price Target as High-Performance Computing and Hashrate Growth Drive Value
