On July 27, Core Scientific, Inc. fell 5.49% in regular trading, trading at $21.55/share, with turnover of $35.84 million.

On the news front, Keefe, Bruyette & Woods downgraded Core Scientific, Inc. from Outperform to Market Perform, while cutting its price target from $28 to $25, directly triggering selling pressure in the stock. The downgrade reflects a more cautious stance on the company's near-term fundamentals. Despite the downgrade, FactSet polling data shows the stock maintains an average analyst rating of Buy with a mean price target of $32.87, suggesting broader consensus still holds a constructive longer-term view.

Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America, providing blockchain infrastructure, software solutions, and hosting services. The company reported its most recent earnings on May 6 with an EPS of -$0.10.

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