Core Scientific, Inc. (CORZ) is up 6.5% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver appears to be continued investor interest in Core Scientific’s AI infrastructure story after the company’s recent Texas policy update reinforced that it already pays its own power and infrastructure costs and supports a predictable framework for data-center growth. The move may also reflect lingering momentum from late-July announcements tied to stronger second-quarter operating results and a large infrastructure partnership with AMD.
Details:
On August 10, the company said it supports Texas efforts to improve transparency and accountability for data-center development, a notable point because Texas is an important market for its expansion plans.In that same update, Core Scientific said it has operated data centers in Texas since 2022, pays its own electric and infrastructure costs, and uses cooling technology designed for low water consumption.On July 28, the company posted second-quarter 2026 revenue of $164.2 million, gross profit of $70.0 million, adjusted EBITDA of $41.1 million, and liquidity of $1.82 billion, showing sharp growth from the prior year.Also on July 28, Core Scientific announced an AMD partnership covering more than 500 megawatts of U.S. capacity beginning in 2027, with room to scale up to 2.5 gigawatts, which strengthened the long-term AI data-center narrative around the stock.Sources:
Core Scientific Investor Relations, SEC
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$CORZ Insider Trading Activity
$CORZ insiders have traded $CORZ stock on the open market 36 times in the past 6 months. Of those trades, 1 have been purchases and 35 have been sales.
Here’s a breakdown of recent trading of $CORZ stock by insiders over the last 6 months:
- TODD M DUCHENE (See remarks) has made 0 purchases and 35 sales selling 190,000 shares for an estimated $4,340,172.
- ERIC STANTON WEISS purchased 7,000 shares for an estimated $101,699
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$CORZ Hedge Fund Activity
We have seen 208 institutional investors add shares of $CORZ stock to their portfolio, and 171 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 5,716,683 shares (+28.8%) to their portfolio in Q1 2026, for an estimated $85,521,577
- JPMORGAN CHASE & CO added 5,452,208 shares (+inf%) to their portfolio in Q2 2026, for an estimated $139,522,002
- CITADEL ADVISORS LLC removed 4,196,411 shares (-40.6%) from their portfolio in Q1 2026, for an estimated $62,778,308
- TWO SIGMA INVESTMENTS, LP added 4,189,143 shares (+299.9%) to their portfolio in Q1 2026, for an estimated $62,669,579
- BANK OF AMERICA CORP /DE/ added 3,868,535 shares (+412.5%) to their portfolio in Q1 2026, for an estimated $57,873,283
- BLACKROCK, INC. added 3,492,391 shares (+14.2%) to their portfolio in Q2 2026, for an estimated $89,370,285
- CLEARLINE CAPITAL LP added 3,449,873 shares (+73.6%) to their portfolio in Q1 2026, for an estimated $51,610,100
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CORZ Analyst Ratings
Wall Street analysts have issued reports on $CORZ in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 05/13/2026
To track analyst ratings and price targets for $CORZ, check out Quiver Quantitative's $CORZ forecast page.
$CORZ Price Targets
Multiple analysts have issued price targets for $CORZ recently. We have seen 10 analysts offer price targets for $CORZ in the last 6 months, with a median target of $31.0.
Here are some recent targets:
- Gregory Lewis from BTIG set a target price of $38.0 on 06/25/2026
- Paul Meeks from Freedom Broker set a target price of $33.0 on 06/16/2026
- Lucas Pipes from B. Riley Securities set a target price of $33.0 on 05/27/2026
- Jonathan Petersen from Jefferies set a target price of $37.0 on 05/14/2026
- John Todaro from Needham set a target price of $29.0 on 05/07/2026
- Paul Golding from Macquarie set a target price of $35.0 on 05/07/2026
- Brett Knoblauch from Cantor Fitzgerald set a target price of $29.0 on 04/09/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Core Scientific Rises as Investors Weigh Texas Policy Update, AMD Tie-Up, and Strong Q2 Momentum
Core Scientific, Inc. (CORZ) is up 6.5% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver appears to be continued investor interest in Core Scientific’s AI infrastructure story after the company’s recent Texas policy update reinforced that it already pays its own power and infrastructure costs and supports a predictable framework for data-center growth. The move may also reflect lingering momentum from late-July announcements tied to stronger second-quarter operating results and a large infrastructure partnership with AMD.
Details:
Sources:
Core Scientific Investor Relations, SEC
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$CORZ Insider Trading Activity
$CORZ insiders have traded $CORZ stock on the open market 36 times in the past 6 months. Of those trades, 1 have been purchases and 35 have been sales.
Here’s a breakdown of recent trading of $CORZ stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CORZ Hedge Fund Activity
We have seen 208 institutional investors add shares of $CORZ stock to their portfolio, and 171 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CORZ Analyst Ratings
Wall Street analysts have issued reports on $CORZ in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $CORZ, check out Quiver Quantitative's $CORZ forecast page.
$CORZ Price Targets
Multiple analysts have issued price targets for $CORZ recently. We have seen 10 analysts offer price targets for $CORZ in the last 6 months, with a median target of $31.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »