From Yahoo Finance: 2025-06-27 16:41:00

Core Scientific (CORZ) shares surged after reports of CoreWeave’s interest in acquiring the company. Financial terms are still undisclosed. The stock is up 160% from its April low. A potential buyout could boost Core Scientific’s position in AI infrastructure. Shares rose over 40% on Thursday.

Both companies have not confirmed buyout talks. Investors face risks if the deal falls through. The stock has already surged 40%, potentially pricing in the benefits of a deal. Core Scientific’s revenue dropped 56% year-on-year, raising concerns. Wall Street is optimistic about the stock, predicting more gains.

Caution is advised in buying CORZ shares. Wall Street forecasts further upside in the second half of 2025. The consensus rating is “Strong Buy” with a target price of around $18, indicating a potential 7% gain. Stay informed as the situation develops.

Read more: CoreWeave Could Buy Core Scientific. How Should You Play CORZ Stock Here?