Wedbush Issues Negative Outlook for TMC the metals Earnings

TMC the metals company Inc. (NASDAQ:TMC) – Analysts at Wedbush dropped their Q2 2025 EPS estimates for shares of TMC the metals in a research report issued on Wednesday, June 25th. Wedbush analyst D. Ives now forecasts that the company will earn ($0.06) per share for the quarter, down from their prior estimate of ($0.05). Wedbush has a “Outperform” rating and a $11.00 price target 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 started coverage on shares of TMC the metals in a report on Tuesday, May 20th. They issued a “buy” rating and a $5.50 price objective for the company.

TMC the metals Trading Down 5.2%

Shares of NASDAQ TMC opened at $6.81 on Friday. TMC the metals has a 12 month low of $0.72 and a 12 month high of $8.12. The firm has a market capitalization of $2.47 billion, a PE ratio of -29.61 and a beta of 1.46. The firm has a fifty day simple moving average of $4.29 and a two-hundred day simple moving average of $2.54.

TMC the metals (NASDAQ:TMC) last posted its quarterly earnings results on Wednesday, May 14th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03).

Institutional Trading of TMC the metals

Institutional investors have recently made changes to their positions in the stock. Allworth Financial LP boosted its holdings in shares of TMC the metals by 48.0% in the first quarter. Allworth Financial LP now owns 14,796 shares of the company’s stock worth $25,000 after buying an additional 4,796 shares during the last quarter. Sprott Inc. bought a new stake in TMC the metals during the 1st quarter worth approximately $26,000. Gray Wealth Management Inc. raised its stake in TMC the metals by 59.7% during the 4th quarter. Gray Wealth Management Inc. now owns 23,700 shares of the company’s stock worth $27,000 after acquiring an additional 8,863 shares during the period. Oppenheimer & Co. Inc. bought a new stake in TMC the metals during the 4th quarter worth approximately $28,000. Finally, Raymond James Financial Inc. bought a new stake in TMC the metals during the 4th quarter worth approximately $28,000. Hedge funds and other institutional investors own 4.39% of the company’s stock.

Insider Buying and Selling

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

TMC the metals Company Profile

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.