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2029 revenue projection

Company: Core Scientific

Subject kind
guidance
Statement date
2026-09-01
Promised by
2029-12-31
Promised amount
2200.0 million USD
Current status
stated

The claim, verbatim

Core Scientific projects $2.2 billion in revenue 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 $2.2 billion 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:

We could not confirm this from the cited source:

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.”

View cached copy (2026-09-02)Live source ↗Archive.org ↗

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.”

View cached copy (2026-09-04)Live source ↗Archive.org ↗