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CoreWeave Acquires Core Scientific to Boost Growth

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CoreWeave Acquires Core Scientific to Boost Growth

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An update from CoreWeave, Inc. Class A ( (CRWV) ) is now available.

On July 7, 2025, CoreWeave announced its acquisition of Core Scientific in an all-stock transaction, aiming to enhance its data center capabilities and future-proof revenue growth. The merger, expected to close in the fourth quarter of 2025, will allow CoreWeave to streamline operations, reduce costs, and expand its power capacity, ultimately enhancing its market position in AI and high-performance computing sectors.

The most recent analyst rating on (CRWV) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on CoreWeave, Inc. Class A stock, see the CRWV Stock Forecast page.

More about CoreWeave, Inc. Class A

CoreWeave, known as the AI Hyperscaler™, provides a cloud platform with advanced software solutions for accelerated computing, serving enterprises and AI labs with data centers across the US and Europe. Core Scientific is a leader in digital infrastructure, offering high-density colocation services and digital asset mining, with facilities across several US states.

Average Trading Volume: 20,555,733

Current Market Cap: $79.29B

Learn more about CRWV stock on TipRanks’ Stock Analysis page.

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