Q3 Earnings Estimate for Core Scientific Issued By B. Riley

Key Points

• Investment analysts at B. Riley estimate that Core Scientific will post a Q3 2025 earnings per share of ($3.09) with a current price target of $30.00.
• Core Scientific's recent earnings report revealed a loss of ($0.04) EPS, better than expected, but a significant 44.3% decline in revenue year-over-year.
• The company's shares opened at $18.06, with a market cap of $5.55 billion and a consensus rating of "Hold" among analysts.

Core Scientific, Inc. (NASDAQ:CORZ - Free Report) - Investment analysts at B. Riley issued their Q3 2025 earnings per share estimates for Core Scientific in a research report issued to clients and investors on Wednesday, October 22nd. B. Riley analyst N. Giles forecasts that the company will post earnings of ($3.09) per share for the quarter. B. Riley currently has a "Buy" rating and a $30.00 price objective on the stock. The consensus estimate for Core Scientific's current full-year earnings is $0.52 per share. B. Riley also issued estimates for Core Scientific's Q4 2025 earnings at ($3.08) EPS, FY2026 earnings at ($0.22) EPS and FY2027 earnings at $0.16 EPS.

Several other analysts have also issued reports on the company. Oppenheimer restated a "market perform" rating on shares of Core Scientific in a research note on Monday, July 7th. Roth Mkm restated a "buy" rating and issued a $20.00 target price on shares of Core Scientific in a research note on Thursday, June 26th. UBS Group set a $30.00 price target on Core Scientific in a research report on Wednesday. Roth Capital upgraded Core Scientific from a "neutral" rating to a "buy" rating and lifted their price target for the company from $17.00 to $23.50 in a research report on Thursday. Finally, Craig Hallum downgraded Core Scientific from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $20.42.

Core Scientific Price Performance

Shares of CORZ opened at $18.06 on Friday. The firm has a market cap of $5.55 billion, a PE ratio of -32.25 and a beta of 6.58. The stock's fifty day moving average price is $16.32 and its two-hundred day moving average price is $13.18. Core Scientific has a 1 year low of $6.20 and a 1 year high of $20.36.

Core Scientific (NASDAQ:CORZ - Get Free Report) last issued its earnings results on Friday, August 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.03. The firm had revenue of $78.63 million during the quarter, compared to the consensus estimate of $82.09 million. The business's revenue was down 44.3% compared to the same quarter last year.

Hedge Funds Weigh In On Core Scientific

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CORZ. HHM Wealth Advisors LLC grew its position in Core Scientific by 96.5% during the second quarter. HHM Wealth Advisors LLC now owns 1,926 shares of the company's stock worth $33,000 after buying an additional 946 shares in the last quarter. State of Wyoming purchased a new position in Core Scientific during the first quarter worth about $34,000. Osaic Holdings Inc. grew its position in Core Scientific by 112.1% during the second quarter. Osaic Holdings Inc. now owns 2,017 shares of the company's stock worth $34,000 after buying an additional 1,066 shares in the last quarter. Emerald Mutual Fund Advisers Trust purchased a new position in Core Scientific during the first quarter worth about $38,000. Finally, Advisors Asset Management Inc. grew its position in Core Scientific by 68.3% during the second quarter. Advisors Asset Management Inc. now owns 2,690 shares of the company's stock worth $46,000 after buying an additional 1,092 shares in the last quarter.

Core Scientific Company Profile

Core Scientific, Inc provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

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