CoreWeave Partner Core Scientific Momentum Surges As Keefe, Bruyette & Woods Cheer AI Infrastructure Transition

Core Scientific Inc. (NASDAQ:CORZ) has signaled a definitive reversal in market sentiment this week, as its momentum score underwent a massive week-on-week transformation, jumping from 78.59 to a bullish 87.83.

Bullish Momentum And Price Trends

This quantitative surge follows an optimistic update from Keefe, Bruyette & Woods, which raised its price target for the company to $25 from $19, according to an Insider Monkey report.

KBW's ‘Outperform’ rating highlights Core Scientific's strategic execution of a full pivot from Bitcoin mining to high-performance computing (HPC) leasing for partners like CoreWeave Inc. (NASDAQ:CRWV).

According to Benzinga Edge’s Stock Ranking data, Core Scientific's momentum is currently ranked as a percentile against other stocks based on its price movement patterns and volatility across multiple timeframes.

This triple-green status indicates that the stock is in an upward trend over the short term, medium term, and long term.

Strategic Pivot To AI Infrastructure

The technical breakout aligns with fundamental shifts as the company transitions its power infrastructure from cryptocurrency mining to AI-focused HPC hosting.

While shares remain largely valued on existing CoreWeave leases, analysts see an attractive setup ahead of expected pipeline updates and new colocation deals.

Earlier this month, BTIG analyst Gregory Lewis also upgraded CORZ to “Buy,” stating the "dust settled" following a rejected merger with CoreWeave, positioning the firm to hit the ground running in 2026.

CORZ Gaines Nearly 13% In 2026

Shares of CORZ rose 12.51% in 2026 so far. It gained 31.79% over the last six months and 45.90% over the year.

On Friday, the stock closed 4.51% lower at $17.99 apiece, and it was down 2.95% in premarket on Monday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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