TeraWulf Inc. (NASDAQ:WULF – Free Report) – Stock analysts at B. Riley upped their FY2026 earnings estimates for TeraWulf in a report issued on Wednesday, February 12th. B. Riley analyst N. Giles now anticipates that the company will post earnings per share of $0.10 for the year, up from their prior forecast of $0.08. B. Riley currently has a “Buy” rating and a $10.00 target price on the stock. The consensus estimate for TeraWulf’s current full-year earnings is ($0.16) per share.
A number of other equities research analysts have also recently issued reports on WULF. Atb Cap Markets upgraded TeraWulf to a “strong-buy” rating in a research note on Sunday, January 5th. Keefe, Bruyette & Woods initiated coverage on TeraWulf in a research report on Wednesday, January 8th. They issued a “market perform” rating on the stock. Northland Securities reiterated an “outperform” rating and set a $10.00 target price on shares of TeraWulf in a research report on Tuesday, December 24th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $11.00 price objective on shares of TeraWulf in a report on Monday, January 6th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $10.00 target price on shares of TeraWulf in a report on Monday, January 13th. One research 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $8.64.
TeraWulf Stock Performance
Shares of NASDAQ:WULF opened at $4.71 on Thursday. TeraWulf has a 1 year low of $1.57 and a 1 year high of $9.30. The business has a fifty day moving average price of $5.99 and a two-hundred day moving average price of $5.53.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. BIT Capital GmbH grew its position in shares of TeraWulf by 169.4% in the 4th quarter. BIT Capital GmbH now owns 3,975,768 shares of the company’s stock worth $22,503,000 after buying an additional 2,499,865 shares during the period. Van ECK Associates Corp increased its position in 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 acquiring an additional 2,028,383 shares during the last quarter. Zweig DiMenna Associates LLC purchased a new position in TeraWulf in the third quarter worth about $9,489,000. Charles Schwab Investment Management Inc. boosted its position in TeraWulf by 258.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,363,951 shares of the company’s stock worth $11,063,000 after purchasing an additional 1,704,013 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of TeraWulf by 1,760.0% during the 4th quarter. Wellington Management Group LLP now owns 1,178,593 shares of the company’s stock valued at $6,671,000 after purchasing an additional 1,115,228 shares during the period. Hedge funds and other institutional investors own 62.49% of the company’s stock.
TeraWulf Company Profile
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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