Needham analyst John Todaro has maintained their neutral stance on CORZ stock, giving a Hold rating on August 9.
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John Todaro’s rating is based on several factors surrounding Core Scientific Inc’s recent financial performance and strategic developments. The company reported a modest miss in adjusted EBITDA for the second quarter of 2025, primarily due to lower-than-expected high-performance computing margins and increased selling, general, and administrative expenses. Despite better-than-anticipated mining margins, these factors contributed to the overall financial miss.
Furthermore, the ongoing acquisition by Coreweave introduces an element of uncertainty, as it is still pending shareholder approval. The lack of additional transaction details and the absence of a Q2’25 earnings call add to the ambiguity surrounding the company’s future. As a result, John Todaro has opted for a Hold rating, reflecting a cautious stance until more clarity is provided on the acquisition and its potential impact on Core Scientific Inc’s financial trajectory.
In another report released on August 9, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $14.50 price target.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CORZ in relation to earlier this year.