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Core Scientific Inc ( (CORZ) ) just unveiled an announcement.
On July 7, 2025, Core Scientific, Inc. announced a merger with CoreWeave, Inc., where Core Scientific will become a wholly owned subsidiary of CoreWeave. This merger has led to legal challenges from some stockholders who allege disclosure deficiencies in the merger’s proxy statement/prospectus. Despite these allegations, Core Scientific and CoreWeave plan to supplement their disclosures to address these concerns, although they deny any legal necessity for additional disclosures.
The most recent analyst rating on (CORZ) stock is a Buy with a $30.00 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 on blockchain and cryptocurrency services. It specializes in providing infrastructure and software solutions for blockchain networks, with a market focus on cryptocurrency mining and hosting services.
Average Trading Volume: 15,475,080
Technical Sentiment Signal: Buy
Current Market Cap: $5.78B
For an in-depth examination of CORZ stock, go to TipRanks’ Overview page.