Q3 EPS Estimates for Core Scientific Cut by HC Wainwright

Key Points

• HC Wainwright revised its Q3 2025 EPS estimate for Core Scientific from $0.02 to ($0.06), maintaining a "Neutral" rating on the stock.
• Core Scientific's recent earnings report showed a loss of ($0.04) per share, exceeding analysts' expectations, but revenue was down 44.3% year-over-year.
• Institutional trading has been active, with Vanguard increasing its holdings by 6.2%, while other investors have made significant adjustments to their positions in recent quarters.

Core Scientific, Inc. (NASDAQ:CORZ - Free Report) - Equities research analysts at HC Wainwright dropped their Q3 2025 earnings per share (EPS) estimates for shares of Core Scientific in a research note issued on Monday, August 11th. HC Wainwright analyst K. Dede now expects that the company will post earnings of ($0.06) per share for the quarter, down from their prior estimate of $0.02. HC Wainwright currently has a "Neutral" rating on the stock. The consensus estimate for Core Scientific's current full-year earnings is $0.52 per share. HC Wainwright also issued estimates for Core Scientific's Q4 2025 earnings at $0.01 EPS and FY2025 earnings at $2.07 EPS.

A number of other equities analysts have also weighed in on CORZ. Oppenheimer restated a "market perform" rating on shares of Core Scientific in a research note on Monday, July 7th. Canaccord Genuity Group restated a "buy" rating and issued a $17.00 target price on shares of Core Scientific in a research note on Friday, June 27th. BTIG Research lowered Core Scientific from a "strong-buy" rating to a "hold" rating and set a $20.00 price objective on the stock. in a research report on Monday, July 7th. Roth Capital reiterated a "neutral" rating and set a $20.00 price objective on shares of Core Scientific in a research report on Tuesday, July 8th. Finally, Roth Mkm reiterated a "buy" rating and set a $20.00 price objective on shares of Core Scientific in a research report on Thursday, June 26th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $18.32.

Core Scientific Stock Up 4.0%

Shares of NASDAQ CORZ opened at $15.11 on Wednesday. The firm has a market capitalization of $4.61 billion, a P/E ratio of -26.98 and a beta of 6.60. The stock's 50-day simple moving average is $13.70 and its two-hundred day simple moving average is $10.96. Core Scientific has a twelve month low of $6.20 and a twelve month high of $18.63.

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

Institutional Trading of Core Scientific

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Core Scientific by 6.2% in the 1st quarter. Vanguard Group Inc. now owns 20,578,100 shares of the company's stock worth $148,985,000 after purchasing an additional 1,199,448 shares in the last quarter. Beryl Capital Management LLC increased its holdings in shares of Core Scientific by 24.3% in the 4th quarter. Beryl Capital Management LLC now owns 18,179,586 shares of the company's stock worth $255,423,000 after purchasing an additional 3,548,396 shares in the last quarter. Driehaus Capital Management LLC increased its holdings in shares of Core Scientific by 112.1% in the 4th quarter. Driehaus Capital Management LLC now owns 10,264,204 shares of the company's stock worth $144,212,000 after purchasing an additional 5,424,901 shares in the last quarter. FMR LLC increased its holdings in shares of Core Scientific by 2,937.7% in the 4th quarter. FMR LLC now owns 7,436,229 shares of the company's stock worth $104,479,000 after purchasing an additional 7,191,428 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Core Scientific by 26.2% in the 2nd quarter. Geode Capital Management LLC now owns 7,371,211 shares of the company's stock worth $125,842,000 after buying an additional 1,530,466 shares during the last quarter.

Insider Activity at Core Scientific

In other news, Director Yadin Rozov bought 110,000 shares of the stock in a transaction dated Wednesday, May 28th. The stock was bought at an average price of $10.87 per share, for a total transaction of $1,195,700.00. Following the purchase, the director directly owned 475,687 shares in the company, valued at $5,170,717.69. This trade represents a 30.08% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Todd M. Duchene sold 7,759 shares of the firm's stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $12.39, for a total value of $96,134.01. Following the completion of the transaction, the insider owned 2,049,689 shares of the company's stock, valued at approximately $25,395,646.71. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 117,759 shares of company stock valued at $1,391,434. Company insiders own 1.40% of the company's stock.

About Core Scientific

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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