From Yahoo Finance: 2025-06-28 07:45:00

CoreWeave (CRWV) is reportedly in talks to acquire Core Scientific (CORZ), a move that Jefferies analyst Jonathan Petersen believes makes strategic sense. The combination would allow CoreWeave to vertically integrate its infrastructure, reduce operating expenses, and use Core Scientific’s platform to grow its data center development pipeline. Petersen estimates a potential takeout value range of $16-$23 and has Buy ratings on both Core Scientific and CoreWeave, with price targets of $16 and $180 respectively.

Read more: Jefferies sees potential Core Scientific takeout value range of $16-$23