TeraWulf (NASDAQ:WULF) Earns Neutral Rating from Analysts at Rothschild & Co Redburn

Rothschild & Co Redburn started coverage on shares of TeraWulf (NASDAQ:WULF) in a research note released on Monday morning, MarketBeat Ratings reports. The firm issued a neutral rating and a $15.00 price objective on the stock.

Other analysts have also recently issued research reports about the company. B. Riley Financial upped their price objective on TeraWulf from $32.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Compass Point set a $40.00 price target on TeraWulf in a research report on Monday, July 6th. Freedom Capital upgraded TeraWulf to a “strong-buy” rating in a research note on Tuesday, September 8th. Citigroup started coverage on shares of TeraWulf in a report on Monday, June 29th. They issued a “buy” rating and a $36.00 price objective for the company. Finally, Lucid Cap Mkts raised shares of TeraWulf to a “strong-buy” rating in a report on Wednesday, May 27th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.33.

TeraWulf Trading Down 5.7%

NASDAQ WULF opened at $16.35 on Monday. TeraWulf has a 12 month low of $10.43 and a 12 month high of $29.84. The company has a debt-to-equity ratio of 27.25, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of -3.74 and a beta of 3.70. The company’s fifty day moving average price is $16.90 and its two-hundred day moving average price is $19.74.

TeraWulf (NASDAQ:WULF) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($1.94) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($1.70). TeraWulf had a negative return on equity of 458.62% and a negative net margin of 1,179.94%.The company had revenue of $44.77 million for the quarter, compared to analyst estimates of $46.00 million. During the same period in the prior year, the business earned ($0.05) earnings per share. TeraWulf’s revenue was down 6.0% on a year-over-year basis. As a group, research analysts predict that TeraWulf will post -0.95 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Paul B. Prager sold 137,500 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $17.06, for a total transaction of $2,345,750.00. Following the completion of the sale, the chief executive officer owned 3,807,552 shares in the company, valued at approximately $64,956,837.12. This represents a 3.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Walter E. Carter sold 130,626 shares of TeraWulf stock in a transaction on Monday, August 31st. The stock was sold at an average price of $15.14, for a total value of $1,977,677.64. Following the completion of the transaction, the director owned 229,090 shares in the company, valued at $3,468,422.60. The trade was a 36.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have acquired 11,968 shares of company stock worth $189,962 and have sold 405,626 shares worth $7,980,928. Insiders own 15.90% of the company’s stock.

Hedge Funds Weigh In On TeraWulf

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vermillion Wealth Management Inc. grew its position in TeraWulf by 1,191.0% during the 4th quarter. Vermillion Wealth Management Inc. now owns 2,595 shares of the company’s stock worth $30,000 after purchasing an additional 2,394 shares in the last quarter. Solstein Capital LLC acquired a new stake in shares of TeraWulf in the fourth quarter worth $34,000. CoreCap Advisors LLC grew its holdings in shares of TeraWulf by 106.7% during the second quarter. CoreCap Advisors LLC now owns 1,447 shares of the company’s stock valued at $36,000 after buying an additional 747 shares in the last quarter. First United Bank & Trust purchased a new position in shares of TeraWulf during the first quarter valued at $37,000. Finally, Ameritas Advisory Services LLC acquired a new position in TeraWulf during the second quarter valued at $41,000. Institutional investors and hedge funds own 62.49% of the company’s stock.

TeraWulf News Summary

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: TeraWulf reportedly secured a 20-year lease tied to Anthropic’s AI infrastructure needs. The long-term agreement strengthens revenue visibility and supports the company’s strategy of converting its power capacity and data-center assets to high-performance computing. Why TeraWulf Is Up 6.2% After Securing a 20-Year Anthropic AI Lease
• Positive Sentiment: UBS initiated coverage of WULF with a Buy rating, identifying TeraWulf as one of several crypto-mining companies positioned to benefit from strong demand for AI computing and limited available capacity. UBS cited the company’s power access and existing infrastructure as competitive advantages. UBS Turns Bullish on Five AI Data Center Stocks
• Positive Sentiment: Wells Fargo also began coverage with an Overweight rating, adding another favorable institutional view of TeraWulf’s AI data-center transition and growth prospects. Wells Fargo Initiates Coverage of TeraWulf With Overweight Rating
• Neutral Sentiment: Rothschild & Co. Redburn initiated coverage with a Neutral rating and a $15 price target. The call suggests the firm sees meaningful AI potential but believes the current valuation already reflects much of the expected growth. Rothschild Redburn Starts TeraWulf at Neutral

TeraWulf Company Profile

TeraWulf Inc (NASDAQ: WULF) develops and operates digital-asset mining and high-performance computing infrastructure. The company has focused primarily on bitcoin mining while expanding its data-center platform to support artificial intelligence, cloud computing and other high-density computing applications.

TeraWulf emphasizes access to low-cost, predominantly zero-carbon energy and designs, builds and operates energy-intensive data-center facilities. Its operations have included the Lake Mariner facility in New York and the Nautilus Cryptomine facility in Pennsylvania, which was developed in collaboration with Cumulus Coin.