Q1 EPS Estimates for Core Scientific Increased by Analyst

Core Scientific, Inc. (NASDAQ:CORZ) – Analysts at Roth Capital upped their Q1 2025 earnings per share (EPS) estimates for shares of Core Scientific in a research note issued on Monday, December 16th. Roth Capital analyst D. Aftahi now expects that the company will post earnings of ($0.13) per share for the quarter, up from their prior forecast of ($0.14). Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for Core Scientific’s current full-year earnings is $0.50 per share. Roth Capital also issued estimates for Core Scientific’s Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at $0.00 EPS, FY2025 earnings at ($0.29) EPS and FY2026 earnings at $0.34 EPS.

Several other research analysts also recently issued reports on the company. Needham & Company LLC lifted their price target on Core Scientific from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. HC Wainwright raised their price objective on Core Scientific from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. BTIG Research boosted their price objective on shares of Core Scientific from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Monday. Cantor Fitzgerald reissued an “overweight” rating and issued a $20.00 price objective on shares of Core Scientific in a research report on Thursday, October 3rd. Finally, Canaccord Genuity Group restated a “buy” rating and set a $17.00 price objective on shares of Core Scientific in a research note on Thursday, November 7th. Thirteen analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $18.46.

Core Scientific Stock Performance

Shares of Core Scientific stock opened at $14.45 on Wednesday. The firm has a fifty day moving average of $15.24 and a two-hundred day moving average of $11.91. The company has a market cap of $4.04 billion and a P/E ratio of -2.67. Core Scientific has a one year low of $2.61 and a one year high of $18.63.

Insider Activity

In other Core Scientific news, insider Todd M. Duchene sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $17.10, for a total value of $427,500.00. Following the completion of the transaction, the insider now directly owns 1,661,474 shares in the company, valued at $28,411,205.40. This trade represents a 1.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Yadin Rozov sold 105,000 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $18.11, for a total value of $1,901,550.00. Following the transaction, the director now directly owns 345,239 shares in the company, valued at $6,252,278.29. The trade was a 23.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 32.00% of the stock is owned by insiders.

Institutional Trading of Core Scientific

Several hedge funds and other institutional investors have recently bought and sold shares of the business. ORG Wealth Partners LLC bought a new stake in shares of Core Scientific during the third quarter worth about $106,266,000. Parsifal Capital Management LP raised its holdings in Core Scientific by 3.9% during the third quarter. Parsifal Capital Management LP now owns 5,412,825 shares of the company’s stock worth $64,196,000 after buying an additional 204,314 shares during the last quarter. Geode Capital Management LLC lifted its position in Core Scientific by 26.7% in the 3rd quarter. Geode Capital Management LLC now owns 5,276,573 shares of the company’s stock valued at $62,594,000 after acquiring an additional 1,113,285 shares in the last quarter. State Street Corp lifted its holdings in shares of Core Scientific by 17.0% in the third quarter. State Street Corp now owns 4,006,922 shares of the company’s stock valued at $47,522,000 after purchasing an additional 583,493 shares in the last quarter. Finally, Taconic Capital Advisors LP boosted its holdings in Core Scientific by 178.7% during the third quarter. Taconic Capital Advisors LP now owns 2,717,462 shares of the company’s stock worth $32,229,000 after purchasing an additional 1,742,462 shares during 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.