Wedbush Issues Negative Estimate for TMC the metals Earnings

TMC the metals company Inc. (NASDAQ:TMCFree Report) – Stock analysts at Wedbush reduced their Q2 2025 EPS estimates for TMC the metals in a research note issued on Wednesday, June 25th. Wedbush analyst D. Ives now anticipates that the company will post earnings per share of ($0.06) for the quarter, down from their previous forecast of ($0.05). Wedbush currently has a “Outperform” rating and a $11.00 target price on the stock. The consensus estimate for TMC the metals’ current full-year earnings is ($0.22) per share. Wedbush also issued estimates for TMC the metals’ Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.07) EPS, FY2025 earnings at ($0.26) EPS, Q1 2026 earnings at ($0.07) EPS, Q2 2026 earnings at ($0.07) EPS, Q3 2026 earnings at ($0.07) EPS, Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.29) EPS.

Separately, HC Wainwright assumed coverage on shares of TMC the metals in a report on Tuesday, May 20th. They issued a “buy” rating and a $5.50 target price for the company.

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TMC the metals Stock Performance

TMC stock opened at $6.81 on Friday. The firm has a fifty day moving average price of $4.29 and a 200 day moving average price of $2.54. TMC the metals has a fifty-two week low of $0.72 and a fifty-two week high of $8.12. The firm has a market cap of $2.47 billion, a PE ratio of -29.61 and a beta of 1.46.

TMC the metals (NASDAQ:TMCGet Free Report) last released its quarterly earnings data on Wednesday, May 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.03).

Institutional Trading of TMC the metals

A number of large investors have recently made changes to their positions in the stock. First Manhattan CO. LLC. raised its holdings in shares of TMC the metals by 115.2% in the fourth quarter. First Manhattan CO. LLC. now owns 18,726,800 shares of the company’s stock valued at $20,974,000 after acquiring an additional 10,025,000 shares in the last quarter. Old West Investment Management LLC raised its holdings in shares of TMC the metals by 100.0% in the first quarter. Old West Investment Management LLC now owns 4,270,076 shares of the company’s stock valued at $7,345,000 after acquiring an additional 2,135,038 shares in the last quarter. Jane Street Group LLC raised its holdings in TMC the metals by 7,330.9% in the fourth quarter. Jane Street Group LLC now owns 1,345,812 shares of the company’s stock worth $1,507,000 after purchasing an additional 1,364,424 shares in the last quarter. Shay Capital LLC raised its holdings in TMC the metals by 965.6% in the fourth quarter. Shay Capital LLC now owns 932,404 shares of the company’s stock worth $1,044,000 after purchasing an additional 844,904 shares in the last quarter. Finally, Baird Financial Group Inc. raised its holdings in TMC the metals by 35.1% in the first quarter. Baird Financial Group Inc. now owns 2,946,027 shares of the company’s stock worth $5,067,000 after purchasing an additional 766,167 shares in the last quarter. 4.39% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other TMC the metals news, insider Anthony O’sullivan sold 164,317 shares of TMC the metals stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $4.49, for a total transaction of $737,783.33. Following the completion of the transaction, the insider now directly owns 1,125,667 shares of the company’s stock, valued at $5,054,244.83. The trade was a 12.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Craig Shesky sold 353,702 shares of TMC the metals stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $1.66, for a total transaction of $587,145.32. Following the transaction, the chief financial officer now directly owns 1,145,717 shares of the company’s stock, valued at $1,901,890.22. The trade was a 23.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 587,223 shares of company stock valued at $1,846,154 over the last three months. 28.50% of the stock is owned by company insiders.

TMC the metals Company Profile

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TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.

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Earnings History and Estimates for TMC the metals (NASDAQ:TMC)

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