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

Core Sentiment Shift - Core Scientific Inc. has experienced a significant shift in market sentiment, with its momentum score increasing from 78.59 to 87.83 [1] Bullish Momentum And Price Trends - Keefe, Bruyette & Woods raised its price target for Core Scientific from $19 to $25, indicating a positive outlook [2] - The 'Outperform' rating reflects the company's strategic shift from Bitcoin mining to high-performance computing (HPC) leasing [2] - Core Scientific's momentum is ranked favorably against other stocks, showing an upward trend across short, medium, and long-term timeframes [3] Strategic Pivot To AI Infrastructure - The company is transitioning its power infrastructure from cryptocurrency mining to AI-focused HPC hosting, aligning with fundamental market shifts [4] - Analysts anticipate an attractive setup for the company ahead of expected pipeline updates and new colocation deals [4] Analyst Upgrades - BTIG analyst Gregory Lewis upgraded Core Scientific to "Buy," suggesting the company is well-positioned following a rejected merger with CoreWeave [5] Stock Performance - Shares of Core Scientific have risen 12.51% in 2026, with a 31.79% increase over the last six months and a 45.90% rise over the past year [6] - The stock closed at $17.99, down 4.51% on Friday, and saw a premarket decline of 2.95% on Monday [6]