Core Scientific (CORZ) Expected to Announce Quarterly Earnings on Friday

Core Scientific (NASDAQ:CORZ) will likely be announcing its Q2 2026 results before the market opens on Friday, August 14th. Analysts expect the company to post earnings of ($0.02) per share and revenue of $144.8990 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 8:30 AM ET.

Core Scientific (NASDAQ:CORZ) last announced its earnings results on Tuesday, July 28th. The company reported ($3.32) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($3.26). The business 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 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Core Scientific Price Performance

Shares of CORZ opened at $19.76 on Wednesday. Core Scientific has a 1-year low of $13.14 and a 1-year high of $30.46. The stock has a market cap of $6.35 billion, a PE ratio of -4.47 and a beta of 5.59. The firm has a 50-day simple moving average of $24.22 and a two-hundred day simple moving average of $20.98.

Insider Activity at Core Scientific

In related news, insider Todd M. Duchene sold 10,000 shares of Core Scientific stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $22.23, for a total value of $222,300.00. Following the completion of the transaction, the insider owned 1,979,101 shares in the company, valued at approximately $43,995,415.23. The trade was a 0.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 90,000 shares of company stock valued at $2,248,600 over the last ninety days. Company insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Core Scientific

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Value Aligned Research Advisors LLC purchased a new position in Core Scientific in the fourth quarter valued at $117,786,000. Situational Awareness LP increased its holdings in Core Scientific by 76.8% during the 2nd quarter. Situational Awareness LP now owns 7,994,038 shares of the company’s stock worth $136,458,000 after purchasing an additional 3,472,460 shares during the period. State Street Corp raised its position in Core Scientific by 3.3% in the 4th quarter. State Street Corp now owns 7,156,301 shares of the company’s stock valued at $104,196,000 after purchasing an additional 230,048 shares in the last quarter. Helix Partners Management LP raised its position in Core Scientific by 6.7% in the 4th quarter. Helix Partners Management LP now owns 5,600,000 shares of the company’s stock valued at $81,536,000 after purchasing an additional 350,000 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Core Scientific by 584.2% in the 4th quarter. JPMorgan Chase & Co. now owns 3,689,053 shares of the company’s stock valued at $53,713,000 after buying an additional 3,149,859 shares during the period.

Analyst Ratings Changes

CORZ has been the subject of a number of research analyst reports. Needham & Company LLC increased their price objective on shares of Core Scientific from $29.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Weiss Ratings restated a “sell (d-)” rating on shares of Core Scientific in a research note on Friday, July 17th. Capital One Financial set a $33.00 price target on Core Scientific in a research report on Thursday, July 30th. Wolfe Research reaffirmed a “buy” rating on shares of Core Scientific in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group boosted their price objective on Core Scientific from $24.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $32.18.

Core Scientific Company Profile

Core Scientific, Inc (NASDAQ: CORZ) is a leading provider of large-scale blockchain infrastructure and digital asset mining services. The company develops, owns and operates high-performance data centers optimized for the mining of Bitcoin and other proof-of-work cryptocurrencies. In addition to its core mining operations, Core Scientific offers colocation, hosting and managed services designed to support institutional clients and enterprise users in deploying and scaling blockchain nodes and computing hardware.

Core Scientific’s service portfolio includes hardware procurement, deployment and maintenance, real-time monitoring, power management and network connectivity.