CoreWeave to Acquire Core Scientific
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/21/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- Fed: Nine Of 18 FOMC Participants Pencil In 2026 Rate Hike
- Delta Air Lines (DAL) Raises Quarterly Dividend 14.7% to $0.2150; 1% Yield
- ICC sets July 24 vote on whether to remove chief prosecutor Karim Khan, WSJ reports
Mizuho Downgrades CoreWeave (CRWV) to Neutral
July 8, 2025 5:56 AM EDTMizuho analyst Gregg Moskowitz downgraded CoreWeave (NASDAQ: CRWV) from Outperform to Neutral with a price target of $150.00 (from $70.00).
The analyst comments "CRWV yesterday announced that it has agreed to acquire Core Scientific (CORZ, NC) for ~$9B in an all-stock transaction. We believe... More
DA Davidson Reiterates Underperform Rating on CoreWeave (CRWV), PT $36, 'More Financial Engineering'
July 7, 2025 2:21 PM EDTDA Davidson analyst Gil Luria reiterated an Underperform rating and $36.00 price target on CoreWeave (NASDAQ: CRWV).
The analyst comments "Earlier this morning, it was officially announced that CoreWeave has agreed to acquire former crypto miner Core Scientific (CORZ) in an all-stock transaction valued at ~$9B or $20.40 per share. We see this transaction as more financial engineering as CoreWeave leverages a high valuation to vertically integrate into owning land, buildings and power contracts, and maintain our UNDERPERFORM rating and $36 PT.... More
Macquarie Reiterates Neutral Rating on CoreWeave (CRWV), PT $65
July 7, 2025 1:14 PM EDTMacquarie analyst Paul Golding reiterated a Neutral rating and $65.00 price target on CoreWeave (NASDAQ: CRWV).
The analyst comments "Why it matters The deal expands CoreWeave's footprint, seeing it own ~1.3 GW of gross power across Core Scientific's US data center network, consisting of ~840 existing gross MW for Core Scientific's HPC contracts and ~500 gross MW crypto mining-allocated power capacity, plus an additional 1+ GW of potential gross power available for expansion. CoreWeave sees the vertical integration unlock from this deal as expected to boost operating efficiency while... More
