Q1 EPS Estimates for Core Scientific Boosted by Roth Capital

Core Scientific, Inc. (NASDAQ:CORZ) – Stock analysts at Roth Capital upped their Q1 2025 earnings per share estimates for shares of Core Scientific in a research report issued to clients and investors on Monday, December 16th. Roth Capital analyst D. Aftahi now anticipates that the company will earn ($0.13) per share for the quarter, up from their prior estimate of ($0.14). Roth Capital currently 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.

CORZ has been the topic of several other research reports. HC Wainwright increased their price objective on Core Scientific from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Roth Mkm started coverage on Core Scientific in a research report on Friday, November 15th. They set a “buy” rating and a $25.50 price target on the stock. B. Riley raised their price target on Core Scientific from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $17.00 price objective on shares of Core Scientific in a research note on Thursday, November 7th. Finally, Macquarie raised their target price on shares of Core Scientific from $16.00 to $19.00 and gave the company an “outperform” rating in a research report on Thursday, November 14th. Thirteen equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Core Scientific currently has an average rating of “Buy” and an average target price of $18.46.

Core Scientific Price Performance

Shares of NASDAQ:CORZ opened at $16.03 on Wednesday. The business has a 50 day simple moving average of $15.17 and a two-hundred day simple moving average of $11.83. Core Scientific has a 1 year low of $2.61 and a 1 year high of $18.63. The firm has a market capitalization of $4.48 billion and a PE ratio of -2.96.

Institutional Investors Weigh In On Core Scientific

Several hedge funds and other institutional investors have recently made changes to their positions in CORZ. P Schoenfeld Asset Management LP acquired a new position in Core Scientific in the 2nd quarter valued at about $4,185,000. Highland Peak Capital LLC lifted its holdings in Core Scientific by 37.9% in the third quarter. Highland Peak Capital LLC now owns 413,584 shares of the company’s stock valued at $4,905,000 after acquiring an additional 113,584 shares during the last quarter. Mirabella Financial Services LLP purchased a new position in Core Scientific in the third quarter worth approximately $18,383,000. Van ECK Associates Corp increased its stake in Core Scientific by 22.9% during the third quarter. Van ECK Associates Corp now owns 1,616,944 shares of the company’s stock worth $19,177,000 after acquiring an additional 300,942 shares during the last quarter. Finally, DeepCurrents Investment Group LLC raised its position in Core Scientific by 157.7% in the second quarter. DeepCurrents Investment Group LLC now owns 255,162 shares of the company’s stock valued at $2,373,000 after purchasing an additional 156,162 shares during the period.

Insider Activity at Core Scientific

In other news, insider Todd M. Duchene sold 25,000 shares of Core Scientific 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 sale, the insider now directly owns 1,661,474 shares of the company’s stock, valued at $28,411,205.40. The trade was a 1.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Yadin Rozov sold 105,000 shares of Core Scientific stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $18.11, for a total transaction of $1,901,550.00. Following the sale, the director now directly owns 345,239 shares in the company, valued at approximately $6,252,278.29. This trade represents a 23.32 % decrease in their position. The disclosure for this sale can be found here. 32.00% of the stock is owned by company insiders.

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.