Brokerages Set TeraWulf Inc. (NASDAQ:WULF) Target Price at $7.86
2025-04-26T05:28:52Z
TeraWulf Inc. (NASDAQ:WULF – Get Free Report) has been given an average recommendation of “Buy” by the ten research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, seven have assign…
TeraWulf Inc. (NASDAQ:WULF – Get Free Report) has been given an average recommendation of “Buy” by the ten research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $7.86.
A number of research analysts have recently weighed in on WULF shares. Atb Cap Markets upgraded shares of TeraWulf to a “strong-buy” rating in a report on Sunday, January 5th. Jones Trading initiated coverage on TeraWulf in a report on Monday, March 31st. They set a “buy” rating and a $4.00 target price on the stock. Needham & Company LLC reiterated a “buy” rating and set a $9.50 price target on shares of TeraWulf in a research note on Monday, January 13th. Rosenblatt Securities cut their price objective on TeraWulf from $10.00 to $4.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Finally, Keefe, Bruyette & Woods assumed coverage on TeraWulf in a research report on Wednesday, January 8th. They set a “market perform” rating for the company.
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Institutional Investors Weigh In On TeraWulf
TeraWulf Price Performance
Several hedge funds have recently modified their holdings of the business. Senator Investment Group LP bought a new position in TeraWulf during the fourth quarter worth $24,371,000. Science & Technology Partners L.P. acquired a new stake in TeraWulf in the 4th quarter worth $18,606,000. BIT Capital GmbH increased its holdings in shares of TeraWulf by 169.4% during the 4th quarter. BIT Capital GmbH now owns 3,975,768 shares of the company’s stock worth $22,503,000 after purchasing an additional 2,499,865 shares during the period. Van ECK Associates Corp raised its position in shares of TeraWulf by 74.2% during the fourth quarter. Van ECK Associates Corp now owns 4,763,831 shares of the company’s stock valued at $26,964,000 after buying an additional 2,028,383 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in shares of TeraWulf in the fourth quarter valued at about $10,970,000. 62.49% of the stock is owned by institutional investors.
Shares of WULF stock opened at $3.00 on Wednesday. TeraWulf has a fifty-two week low of $1.91 and a fifty-two week high of $9.30. The stock’s 50-day moving average is $3.07 and its two-hundred day moving average is $5.13. The firm has a market cap of $1.15 billion, a P/E ratio of -15.00 and a beta of 2.76.
TeraWulf (NASDAQ:WULF – Get Free Report) last released its quarterly earnings data on Friday, February 28th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). The firm had revenue of $35.00 million during the quarter, compared to analyst estimates of $37.43 million. TeraWulf had a negative return on equity of 15.91% and a negative net margin of 41.88%. The business’s quarterly revenue was up 50.2% compared to the same quarter last year. As a group, research analysts expect that TeraWulf will post -0.17 EPS for the current year.
TeraWulf Company Profile
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TeraWulf Inc, together with its subsidiaries, operates as a digital asset technology company in the United States. The company develops, owns, and operates bitcoin mining facilities in New York and Pennsylvania. It is also involved in the provision of miner hosting services to third-party entities. The company was founded in 2021 and is headquartered in Easton, Maryland.
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