2029 earnings projection
Company: Core Scientific
The claim, verbatim
Core Scientific projects $501.1 million in earnings by 2029
Source (primary)
Core Scientific (CORZ) Is Down 5.6% After Securing $600M In New Credit Facilities And Liquidity Release - simplywall.st (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “Core Scientific's narrative projects $2.2 billion revenue and $501.1 million earnings by 2029.”
How we checked this
Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.
The $501.1 million figure comes from Simply Wall St's own narrative model. The article does not present it as a forecast issued by Core Scientific.
Confirmed in the source:
- A projection of $501.1 million in earnings for Core Scientific by 2029 exists
We could not confirm this from the cited source:
- That Core Scientific itself made this $501.1 million earnings projection (the article attributes it to Simply Wall St's narrative for the company, not to company guidance)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-corz/core-scientific/news/core-scientific-corz-is-down-56-after-securing-600m-in-new-c/amp) in full (7,754 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific (CORZ) Is Down 5.6% After Securing $600M In New Credit Facilities And Liquidity Release - simplywall.st
Quote: “Core Scientific's narrative projects $2.2 billion revenue and $501.1 million earnings by 2029.”
confirms Core Scientific (CORZ) Is Down 5.6% After Securing $600M In New Credit Facilities And Liquidity Release - simplywall.st
Quote: “Core Scientific's narrative projects $2.2 billion revenue and $501.1 million earnings by 2029.”