Core Scientific Inc’s Top Officer Makes a Significant Stock Sale!

New insider activity at Core Scientific Inc ( (CORZ) ) has taken place on June 27, 2025.

Todd Duchene, the Chief Legal and Administrative Officer of Core Scientific Inc, has recently sold 7,759 shares of the company’s stock, amounting to a total value of $96,134.

Recent Updates on CORZ stock

Core Scientific Inc. (CORZ) experienced significant stock movement following reports from The Wall Street Journal about CoreWeave’s (CRWV) potential acquisition of the company. The news led to a 2.32% increase in Core Scientific’s shares, with options trading volume nearly tripling the daily average. Analysts have varied price targets for Core Scientific, reflecting the strategic benefits of the acquisition. Jefferies highlighted the potential for vertical integration and reduced operating expenses, estimating a takeout value range of $16-$23. Cantor Fitzgerald noted the deal’s ROI potential, suggesting a price north of $30 per share due to the value of data center infrastructure. Roth Capital emphasized the strategic sense of the acquisition, predicting CoreWeave could pay up to $38 per share in an all-stock deal. These developments have led to increased demand for downside protection, as indicated by the steepened put-call skew.

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

YTD Price Performance: 12.98%

Average Trading Volume: 14,563,148

Technical Sentiment Signal: Buy

Current Market Cap: $3.66B