TeraWulf (NASDAQ:WULF) Earns Buy Rating from Analysts at Arete Research

Arete Research assumed coverage on shares of TeraWulf (NASDAQ:WULF) in a research note published on Monday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $30.00 target price on the stock.

Several other equities analysts have also issued reports on the company. Needham & Company LLC restated a “buy” rating and set a $21.00 price target on shares of TeraWulf in a research report on Tuesday, February 3rd. Cantor Fitzgerald increased their price objective on TeraWulf from $18.00 to $24.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Keefe, Bruyette & Woods cut their target price on shares of TeraWulf from $24.00 to $23.00 and set an “outperform” rating on the stock in a report on Wednesday, March 11th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $23.00 target price on shares of TeraWulf in a research note on Thursday, March 19th. Finally, Morgan Stanley started coverage on shares of TeraWulf in a research report on Monday, February 9th. They set an “overweight” rating and a $37.00 price target for the company. Thirteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.29.

TeraWulf Stock Up 3.9%

WULF opened at $16.86 on Monday. TeraWulf has a 12 month low of $2.06 and a 12 month high of $18.51. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 33.00. The business’s 50-day moving average price is $15.13 and its 200-day moving average price is $13.69. The company has a market cap of $7.15 billion, a P/E ratio of -10.34 and a beta of 3.67.

Insiders Place Their Bets

In other TeraWulf news, CEO Paul B. Prager sold 137,500 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $16.10, for a total value of $2,213,750.00. Following the completion of the sale, the chief executive officer owned 354,200 shares in the company, valued at approximately $5,702,620. This trade represents a 27.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Michael C. Bucella acquired 1,665 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was acquired at an average price of $15.04 per share, for a total transaction of $25,041.60. Following the completion of the transaction, the director owned 280,052 shares in the company, valued at approximately $4,211,982.08. The trade was a 0.60% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 13,094 shares of company stock worth $200,392 and sold 737,500 shares worth $11,897,750. Company insiders own 19.90% of the company’s stock.

Institutional Trading of TeraWulf

Large investors have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC raised its holdings in TeraWulf by 265.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 6,609 shares of the company’s stock worth $29,000 after purchasing an additional 4,800 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of TeraWulf in the 3rd quarter worth about $29,000. Advisors Asset Management Inc. boosted its stake in shares of TeraWulf by 68.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 6,767 shares of the company’s stock valued at $30,000 after purchasing an additional 2,748 shares in the last quarter. Vermillion Wealth Management Inc. increased its position in shares of TeraWulf by 1,191.0% during the fourth quarter. Vermillion Wealth Management Inc. now owns 2,595 shares of the company’s stock valued at $30,000 after buying an additional 2,394 shares during the period. Finally, Solstein Capital LLC purchased a new position in shares of TeraWulf during the fourth quarter valued at about $34,000. Institutional investors own 62.49% of the company’s stock.

Key Stories Impacting TeraWulf

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: Arete Research initiated coverage with a Buy rating, providing a fresh buy-side catalyst and research coverage that can attract new institutional interest. Arete Research Begins Coverage on TeraWulf
• Positive Sentiment: A Morgan Stanley-backed publication highlighted an 86% upside target for a crypto-related stock narrative that included TeraWulf, supporting bullish analyst sentiment and potential upside re-ratings. Morgan Stanley-backed crypto stock gets 86% upside rating
• Positive Sentiment: Company messaging on a strategic pivot — positioning TeraWulf as an AI data-center supplier beyond pure crypto mining — gives investors a higher-growth narrative that could justify multiple expansion if execution follows. Terawulf CEO on pivoting the business from crypto mining to AI data center supplier
• Positive Sentiment: Coverage noting recent insider buying activity helped lift sentiment earlier in the session, suggesting some management/director-level confidence from other insiders. TeraWulf Shares Up 12% After Insider Buying Activity
• Neutral Sentiment: Short-interest reports in reports appear inconsistent/zeroed out (likely data/reporting issue), so there’s no clear short-squeeze signal to read into from recent filings.
• Neutral Sentiment: Regional energy policy shifts — e.g., Maryland supporting coal-to-gas plant conversions — change local generation mixes but have an indirect and uncertain impact on TeraWulf’s energy-sourcing strategy. Maryland governor backs retired coal plant’s conversion to gas
• Negative Sentiment: CEO Paul B. Prager sold 137,500 shares (about $2.2M at the transaction price), reducing his stake by roughly 28% — a material insider sale that can spook investors and raises questions about timing/intent. SEC Form 4 – Paul B. Prager

TeraWulf Company Profile

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.