FY2026 EPS Estimates for Core Scientific Lowered by B. Riley

Core Scientific, Inc. (NASDAQ:CORZ) – Research analysts at B. Riley lowered their FY2026 EPS estimates for shares of Core Scientific in a report released on Wednesday, February 12th. B. Riley analyst N. Giles now forecasts that the company will post earnings per share of $0.07 for the year, down from their previous estimate of $0.11. B. Riley currently has a “Buy” rating and a $17.00 target price on the stock. The consensus estimate for Core Scientific’s current full-year earnings is $0.50 per share.

CORZ has been the topic of several other research reports. Jefferies Financial Group initiated coverage on shares of Core Scientific in a research note on Monday, October 28th. They set a “buy” rating and a $19.00 price objective on the stock. Macquarie lifted their price objective on shares of Core Scientific from $16.00 to $19.00 and gave the stock an “outperform” rating in a research note on Thursday, November 14th. Keefe, Bruyette & Woods initiated coverage on shares of Core Scientific in a research note on Monday, January 27th. They set an “outperform” rating and a $22.00 price objective on the stock. HC Wainwright lifted their price objective on shares of Core Scientific from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, BTIG Research lifted their price objective on shares of Core Scientific from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Fifteen equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $19.07.

Core Scientific Trading Down 0.2 %

Shares of NASDAQ CORZ opened at $12.51 on Thursday. The firm has a market capitalization of $3.49 billion and a PE ratio of -2.31. Core Scientific has a 1 year low of $2.61 and a 1 year high of $18.63. The firm’s 50-day moving average is $14.16 and its 200-day moving average is $13.14.

Insider Activity

In other news, Director Yadin Rozov sold 105,000 shares of Core Scientific stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $18.11, for a total value of $1,901,550.00. Following the sale, the director now directly owns 345,239 shares in the company, valued at $6,252,278.29. This trade represents a 23.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Adam Taylor Sullivan sold 369,712 shares of Core Scientific stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $16.24, for a total transaction of $6,004,122.88. Following the completion of the sale, the chief executive officer now owns 3,758,793 shares in the company, valued at $61,042,798.32. This trade represents a 8.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 744,032 shares of company stock worth $11,863,966 over the last ninety days. Insiders own 32.00% of the company’s stock.

Hedge Funds Weigh In On Core Scientific

Institutional investors have recently added to or reduced their stakes in the company. Wellington Shields & Co. LLC acquired a new position in Core Scientific during the fourth quarter worth $26,000. First Horizon Advisors Inc. acquired a new position in Core Scientific during the fourth quarter worth $34,000. Newbridge Financial Services Group Inc. acquired a new position in Core Scientific during the fourth quarter worth $42,000. Vestcor Inc acquired a new position in Core Scientific during the fourth quarter worth $66,000. Finally, US Bancorp DE acquired a new position in Core Scientific during the fourth quarter worth $99,000.

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.