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Core Scientific Inc ( (CORZ) ) has provided an announcement.
On July 7, 2025, CoreWeave and Core Scientific announced a merger agreement where CoreWeave will acquire Core Scientific in an all-stock transaction. This acquisition aims to enhance CoreWeave’s data center capabilities, improve operational efficiency, and expand their power footprint, ultimately solidifying their growth trajectory in AI and HPC workloads. The transaction, expected to close in the fourth quarter of 2025, will result in significant cost savings and strategic benefits, including greater financing flexibility and expanded expertise. Core Scientific’s stockholders will receive shares of CoreWeave Class A common stock, with the merger valued at approximately $9 billion.
The most recent analyst rating on (CORZ) stock is a Buy with a $24.00 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 faces significant financial challenges, with poor financial health as the most critical factor. Technical analysis shows positive momentum, but overbought signals require caution. Valuation metrics are weak due to negative earnings. Corporate events provide some positive outlook, but the overall score reflects a need for substantial improvement in financial and operational performance.
To see Spark’s full report on CORZ stock, click here.
More about Core Scientific Inc
Core Scientific is a leader in digital infrastructure, specializing in high-density colocation services and digital asset mining. They operate purpose-built facilities for digital asset mining and provide digital infrastructure, software solutions, and services to third-party customers. CoreWeave, known as the AI Hyperscaler, offers a cloud platform with advanced software for AI, serving enterprises and AI labs with accelerated computing solutions.
Average Trading Volume: 14,203,410
Technical Sentiment Signal: Buy
Current Market Cap: $5.36B
For a thorough assessment of CORZ stock, go to TipRanks’ Stock Analysis page.