TeraWulf (NASDAQ:WULF) Stock Gets Price Target Trim from Needham & Company LLC

TeraWulf (NASDAQ:WULF) had its price objective lowered by Needham & Company LLC from $33.00 to $25.00 in a report published on Monday morning, MarketBeat Ratings reports. Needham & Company LLC currently has a buy rating on the stock.

Several other equities research analysts have also issued reports on WULF. Zacks Research lowered TeraWulf from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 13th. TD Cowen started coverage on shares of TeraWulf in a report on Monday, October 12th. They issued a “buy” rating and a $21.00 price objective for the company. Morgan Stanley boosted their target price on shares of TeraWulf from $62.50 to $65.00 and gave the company an “overweight” rating in a research note on Friday, October 9th. HC Wainwright reiterated a “buy” rating on shares of TeraWulf in a research note on Friday, August 21st. Finally, Cantor Fitzgerald dropped their target price on shares of TeraWulf from $37.00 to $30.00 and set an “overweight” rating on the stock in a report on Friday, October 16th. Three analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, TeraWulf has a consensus rating of “Moderate Buy” and a consensus target price of $27.18.

TeraWulf Stock Up 6.4%

Shares of TeraWulf stock opened at $13.36 on Monday. The business has a 50-day moving average price of $14.08 and a 200 day moving average price of $17.94. TeraWulf has a fifty-two week low of $9.51 and a fifty-two week high of $29.84. The firm has a market cap of $6.70 billion, a P/E ratio of -4.09 and a beta of 4.00. The company has a quick ratio of 0.75, a current ratio of 0.97 and a debt-to-equity ratio of 5.35.

TeraWulf (NASDAQ:WULF) last released its earnings results on Friday, November 6th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.15. The company had revenue of $76.23 million for the quarter, compared to the consensus estimate of $62.49 million. TeraWulf had a positive return on equity of 87.30% and a negative net margin of 410.92%. TeraWulf’s quarterly revenue was up 50.7% compared to the same quarter last year. During the same quarter last year, the business posted ($1.13) EPS. On average, sell-side analysts forecast that TeraWulf will post -0.48 earnings per share 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 price of $14.79 per share, for a total transaction of $89,997.15. Following the transaction, the director owned 350,789 shares of the company’s stock, valued at $5,188,169.31. The trade was a 1.77% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 value of $2,345,750.00. Following the completion of the transaction, the chief executive officer directly owned 3,807,552 shares of the company’s stock, valued at approximately $64,956,837.12. The trade was a 3.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders acquired 11,968 shares of company stock valued at $189,962 in the last three months. 15.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TeraWulf

Several large investors have recently bought and sold shares of WULF. Private Advisor Group LLC increased its stake in shares of TeraWulf by 7.7% during the third quarter. Private Advisor Group LLC now owns 19,754 shares of the company’s stock valued at $292,000 after acquiring an additional 1,411 shares during the period. Ieq Capital LLC raised its stake in shares of TeraWulf by 156.6% in the 3rd quarter. Ieq Capital LLC now owns 24,792 shares of the company’s stock worth $367,000 after buying an additional 15,129 shares in the last quarter. Banco Santander S.A. acquired a new stake in shares of TeraWulf in the third quarter valued at $1,210,000. HighTower Advisors LLC lifted its holdings in shares of TeraWulf by 19.8% in the third quarter. HighTower Advisors LLC now owns 102,532 shares of the company’s stock valued at $1,517,000 after buying an additional 16,959 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its stake in TeraWulf by 0.5% during the third quarter. Thoroughbred Financial Services LLC now owns 162,925 shares of the company’s stock valued at $2,411,000 after buying an additional 850 shares in the last quarter. Institutional investors and hedge funds own 62.49% of the company’s stock.

Top TeraWulf Stories

These are some of the WULF stories that stood out recently:

• Positive Sentiment: Broader AI-infrastructure shares gained after CoreWeave’s earnings, providing a sector tailwind for TeraWulf. Article: TeraWulf Stock Rises With AI Infrastructure Stocks After CoreWeave Earnings
• Positive Sentiment: The company’s recent third-quarter results showed $76.2 million in revenue, including about $63 million from high-performance-computing leases. Its 20-year Anthropic lease covers approximately 401 MW and is expected to generate about $19 billion in contracted revenue; Google credit support and expanded revolving credit commitments also bolster the project’s financing outlook. Article: Why TeraWulf Stock Is Up Today
• Negative Sentiment: Several analysts have lowered earnings estimates or price targets. Northland cut its 2026 EPS forecast to a loss of $1.52 per share from a loss of $1.23, while Jefferies, Citi, Morgan Stanley, and Wells Fargo also reduced targets; some nevertheless retained positive ratings. Article: Rosenblatt Securities Issues Pessimistic Forecast for TeraWulf

About TeraWulf

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.