Core Scientific (CORZ) Projected to Post Quarterly Earnings on Thursday

Key Points

• Core Scientific is expected to report Q3 2026 results before the market opens on November 5. Analysts forecast a loss of $0.0419 per share and revenue of $196.85 million.
• The company’s previous quarter showed a substantial EPS miss, reporting a $3.32 loss per share versus the $0.06 consensus estimate, although revenue exceeded expectations at $164.20 million.
• Analyst sentiment remains positive, with the stock carrying a “Moderate Buy” consensus rating and a $31.78 average price target, compared with its recent $15.00 opening price.

Core Scientific (NASDAQ:CORZ - Get Free Report) is projected to post its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of ($0.0419) per share and revenue of $196.85 million for the quarter. Parties are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Core Scientific (NASDAQ:CORZ - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported ($3.32) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($3.26). The firm had revenue of $164.20 million for the quarter, compared to the consensus estimate of $144.83 million. On average, analysts expect Core Scientific to post ($1.36) EPS for the current fiscal year and $0.38 EPS for the next fiscal year.

Core Scientific Price Performance

Shares of NASDAQ:CORZ opened at $15.00 on Thursday. The business's 50 day simple moving average is $16.38 and its 200-day simple moving average is $19.66. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of -3.39 and a beta of 5.49. Core Scientific has a 12 month low of $12.31 and a 12 month high of $30.46.

Insider Activity

In related news, insider Todd DuChene sold 10,000 shares of the company's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $19.97, for a total value of $199,700.00. Following the sale, the insider owned 1,969,101 shares of the company's stock, valued at approximately $39,322,946.97. This represents a 0.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders purchased 19,000 shares of company stock worth $342,290 and sold 100,000 shares worth $1,723,100. 1.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on CORZ shares. Wolfe Research reaffirmed a "buy" rating on shares of Core Scientific in a report on Wednesday, July 29th. Keefe, Bruyette & Woods raised Core Scientific from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $25.00 to $28.00 in a research note on Thursday, July 30th. B. Riley Financial boosted their price objective on shares of Core Scientific from $33.00 to $42.00 and gave the stock a "buy" rating in a research report on Monday, August 3rd. Freedom Capital raised shares of Core Scientific from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 30th. Finally, Citigroup reissued a "market outperform" rating on shares of Core Scientific in a research note on Wednesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $31.78.

About Core Scientific

Core Scientific, Inc is a digital infrastructure company that develops and operates data centers for high-performance computing. The company has historically focused on bitcoin mining, using specialized computing equipment and supporting infrastructure to validate transactions on the Bitcoin network. It also provides hosting and infrastructure services for other digital asset miners.

Core Scientific is expanding its business toward hosting high-performance computing and artificial intelligence workloads.

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