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Core Scientific Inc ( (CORZ) ) has issued an update.
Core Scientific, Inc. announced an updated investor presentation related to a proposed merger with CoreWeave, Inc., scheduled for a stockholder vote on October 30, 2025. The merger is expected to provide significant benefits, including risk reduction in data center delivery, a premium exchange ratio, and a substantial ownership stake in a leading AI platform. The merger aims to enhance Core Scientific’s market position by capitalizing on synergies and cost savings, while also expanding its addressable market in the AI infrastructure sector.
The most recent analyst rating on (CORZ) stock is a Buy with a $17.00 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. is facing significant financial challenges, with declining revenue, negative profitability, and financial instability. While the stock shows some positive technical momentum, the valuation is unattractive due to negative earnings and no dividend yield. The lack of earnings call insights and corporate events further limits the stock’s appeal.
To see Spark’s full report on CORZ stock, click here.
More about Core Scientific Inc
Core Scientific, Inc. operates in the technology industry, focusing primarily on colocation services, Bitcoin mining, and hosting. The company is shifting its business model towards colocation, with a significant portion of its revenue projected to be linked to CoreWeave, a major customer.
Average Trading Volume: 14,969,621
Technical Sentiment Signal: Buy
Current Market Cap: $5.9B
For detailed information about CORZ stock, go to TipRanks’ Stock Analysis page.