TeraWulf (NASDAQ:WULF) Sets New 1-Year High – Time to Buy?

Shares of TeraWulf Inc. (NASDAQ:WULF) hit a new 52-week high on Wednesday . The stock traded as high as $18.03 and last traded at $17.54, with a volume of 46301667 shares traded. The stock had previously closed at $15.68.

TeraWulf News Roundup

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: Management says AI/HPC buildouts are accelerating and full‑year 2025 revenue was $168.5M, showing top‑line growth as the company shifts into higher‑demand compute markets. TeraWulf 2025 earnings: WULF reports $168.5 million in 2025 revenue as AI/HPC buildouts accelerate
• Positive Sentiment: The strategic pivot toward AI data centers positions TeraWulf to address larger TAM and potential higher‑margin enterprise contracts vs. standalone Bitcoin mining, making the story attractive if margins and utilization scale. Terawulf faces earnings test on AI data center pivot from Bitcoin mining
• Positive Sentiment: TeraWulf scheduled a lender construction update for WULF Compute, which could reduce execution uncertainty if management demonstrates progress and financing clarity. TeraWulf Announces WULF Compute Lender Construction Update Call
• Neutral Sentiment: Earnings materials and the full call presentation are available for investors to review guidance, cash‑flow outlook and capital needs. Review the slide deck and transcript for specifics on timing and margins. TeraWulf Inc. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Q4 results missed expectations: EPS loss (~$0.28–$0.29) was worse than consensus (~$0.12 loss) and revenue of $35.8M missed estimates (~$44.1M). Missed estimates and a wider loss drove the immediate selloff. TeraWulf released quarterly results showing EPS and revenue misses
• Negative Sentiment: Profitability and leverage remain concerns: negative net margin and a high debt load increase execution and refinancing risk as the company ramps capex for AI/HPC. Analysts and outlets flagged the Q4 miss and rising costs as drivers of the stock drop. TeraWulf Inc. (WULF) Reports Q4 Loss, Lags Revenue Estimates
• Negative Sentiment: Media noted the post‑earnings slump and elevated execution risk during the pivot, which pressured the stock despite the longer‑term AI narrative. TeraWulf Stock Slumps After Q4 Earnings: Here’s Why

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on WULF. Morgan Stanley initiated coverage on shares of TeraWulf in a research note on Monday, February 9th. They issued an “overweight” rating and a $37.00 price target on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of TeraWulf in a research report on Monday, December 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $18.00 target price on shares of TeraWulf in a research note on Tuesday, December 23rd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $24.00 price target on shares of TeraWulf in a research note on Tuesday, November 11th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $21.00 price objective on shares of TeraWulf in a report on Tuesday, February 3rd. Twelve analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $20.31.

TeraWulf Stock Performance

The company has a market cap of $7.49 billion, a PE ratio of -12.59 and a beta of 3.69. The company has a debt-to-equity ratio of 4.45, a quick ratio of 1.03 and a current ratio of 1.03. The firm’s 50 day moving average is $14.07 and its 200-day moving average is $12.76.

Hedge Funds Weigh In On TeraWulf

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in TeraWulf by 37.4% during the fourth quarter. Vanguard Group Inc. now owns 33,643,009 shares of the company’s stock worth $386,558,000 after buying an additional 9,162,958 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of TeraWulf by 22.2% during the 2nd quarter. Bank of America Corp DE now owns 14,392,299 shares of the company’s stock worth $63,038,000 after acquiring an additional 2,617,617 shares during the period. Morgan Stanley boosted its position in shares of TeraWulf by 8.1% during the 4th quarter. Morgan Stanley now owns 9,641,209 shares of the company’s stock valued at $110,778,000 after acquiring an additional 724,286 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of TeraWulf by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 8,377,589 shares of the company’s stock valued at $96,274,000 after acquiring an additional 318,842 shares during the last quarter. Finally, State Street Corp increased its position in TeraWulf by 4.2% during the fourth quarter. State Street Corp now owns 7,349,508 shares of the company’s stock worth $84,446,000 after purchasing an additional 298,645 shares during the last quarter. Hedge funds and other institutional investors own 62.49% of the company’s stock.

About TeraWulf

TeraWulf, Inc (NASDAQ: WULF) is a digital asset infrastructure company focused on the development and operation of zero-carbon bitcoin mining facilities. The company integrates sustainable power generation with high-density data center technologies to deliver environmentally responsible digital asset mining services. Its core business revolves around designing, building and operating large-scale mining projects powered exclusively by renewable or emissions-free energy sources.

One of TeraWulf’s flagship projects is “Project Nautilus,” located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.