TeraWulf (NASDAQ:WULF) Raised to Hold at Zacks Research

TeraWulf (NASDAQ:WULF) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Wednesday, Zacks reports.

Other analysts also recently issued research reports about the stock. Rosenblatt Securities dropped their target price on shares of TeraWulf from $30.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday. Weiss Ratings raised shares of TeraWulf from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, October 26th. Sanford C. Bernstein lowered their price objective on shares of TeraWulf from $36.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, November 4th. Chardan Capital reiterated a “buy” rating and set a $32.00 price objective on shares of TeraWulf in a research note on Wednesday, August 5th. Finally, B. Riley Financial dropped their price objective on shares of TeraWulf from $40.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, October 30th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $27.18.

TeraWulf Price Performance

Shares of NASDAQ WULF opened at $13.04 on Wednesday. TeraWulf has a fifty-two week low of $9.51 and a fifty-two week high of $29.84. The company has a market cap of $6.54 billion, a PE ratio of -3.99 and a beta of 4.00. The company has a debt-to-equity ratio of 5.35, a quick ratio of 0.75 and a current ratio of 0.97. The business has a 50-day simple moving average of $14.04 and a two-hundred day simple moving average of $17.93.

TeraWulf (NASDAQ:WULF) last posted its quarterly earnings data on Friday, November 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.15. The firm had revenue of $76.23 million for the quarter, compared to the consensus estimate of $62.49 million. TeraWulf had a negative net margin of 410.92% and a positive return on equity of 87.30%. The company’s revenue for the quarter was up 50.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($1.13) earnings per share. As a group, equities analysts expect that TeraWulf will post -0.48 EPS for the current fiscal year.

Insider Buying and Selling

In other TeraWulf news, Director Michael C. Bucella purchased 6,085 shares of TeraWulf stock in a transaction on Tuesday, September 15th. The stock was bought at an average cost of $14.79 per share, with a total value of $89,997.15. Following the transaction, the director owned 350,789 shares of the company’s stock, valued at $5,188,169.31. This represents a 1.77% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Walter E. Carter sold 130,626 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $15.14, for a total transaction of $1,977,677.64. Following the transaction, the director directly owned 229,090 shares of the company’s stock, valued at $3,468,422.60. This represents a 36.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 15.90% of the company’s stock.

Institutional Trading of TeraWulf

Several large investors have recently made changes to their positions in the business. Engle Capital Management L.P. boosted its holdings in TeraWulf by 574.3% in the first quarter. Engle Capital Management L.P. now owns 2,950,100 shares of the company’s stock valued at $42,570,000 after purchasing an additional 2,512,600 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in TeraWulf during the 2nd quarter worth about $3,534,000. Jennison Associates LLC purchased a new position in shares of TeraWulf during the 1st quarter valued at about $53,418,000. Troluce Capital Advisors LLC purchased a new position in shares of TeraWulf during the 1st quarter valued at about $33,189,000. Finally, Alyeska Investment Group L.P. purchased a new position in shares of TeraWulf during the 2nd quarter valued at about $14,223,000. 62.49% of the stock is owned by hedge funds and other institutional investors.

Top TeraWulf Stories

Investors following WULF have been watching these stories:

• Positive Sentiment: Shares benefited Wednesday from strength across AI-infrastructure stocks after CoreWeave reported earnings, giving WULF a sector-wide tailwind. TeraWulf Stock Rises With AI Infrastructure Stocks After CoreWeave Earnings
• Negative Sentiment: Wells Fargo, Morgan Stanley, Citigroup and Jefferies lowered their WULF price targets, adding to recent cuts from Rosenblatt and Needham. The reports signal more cautious analyst expectations, though the provided articles do not specify the revised targets. Wells Fargo cuts TeraWulf price target Morgan Stanley lowers expectations Citigroup lowers expectations Jefferies cuts TeraWulf price target
• Negative Sentiment: Northland Securities reduced its Q4 and FY2026 earnings estimates, reflecting a less favorable near-term earnings outlook. Northland lowers TeraWulf earnings estimates

TeraWulf Company Profile

TeraWulf, Inc. develops and operates digital infrastructure, including facilities for Bitcoin mining and high-performance computing (HPC). The company focuses on locating its operations near sources of low-carbon energy and offers data center capacity designed for energy-intensive computing. Its Lake Mariner facility in New York is a key site for its mining and data center activities. TeraWulf has also operated in Pennsylvania through the Nautilus Cryptomine facility, reflecting its history of developing energy-intensive operations in the northeastern United States.