TeraWulf (NASDAQ:WULF) Stock Gets Price Target Reduction from Rosenblatt Securities

TeraWulf (NASDAQ:WULF) had its price objective trimmed by Rosenblatt Securities from $30.00 to $20.00 in a research report released on Monday,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also recently commented on WULF. Zacks Research cut shares of TeraWulf from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 13th. Northland Securities set a $22.50 price objective on TeraWulf in a report on Friday, November 6th. UBS Group initiated coverage on TeraWulf in a research note on Wednesday, September 23rd. They issued a “buy” rating and a $24.00 price objective on the stock. Needham & Company LLC dropped their target price on TeraWulf from $33.00 to $25.00 and set a “buy” rating for the company in a report on Monday. Finally, TD Cowen started coverage on TeraWulf in a research report on Monday, October 12th. They set a “buy” rating and a $21.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, TeraWulf presently has an average rating of “Moderate Buy” and an average target price of $27.18.

TeraWulf Stock Performance

Shares of NASDAQ WULF opened at $13.36 on Monday. The firm has a market capitalization of $6.70 billion, a price-to-earnings ratio of -4.09 and a beta of 4.00. TeraWulf has a one year low of $9.51 and a one year high of $29.84. The business has a fifty day simple moving average of $14.08 and a 200 day simple moving average of $17.94. The company has a current ratio of 0.97, a quick ratio of 0.75 and a debt-to-equity ratio of 5.35.

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

Insider Activity at TeraWulf

In related news, Director Walter Carter sold 130,626 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Paul Prager sold 137,500 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 3,807,552 shares of the company’s stock, valued at $64,956,837.12. This trade represents a 3.49% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders purchased a total of 11,968 shares of company stock valued at $189,962 over the last quarter. Corporate insiders own 15.90% of the company’s stock.

Institutional Investors Weigh In On TeraWulf

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC increased its position in TeraWulf by 25.2% in the second quarter. GAMMA Investing LLC now owns 3,387 shares of the company’s stock worth $84,000 after purchasing an additional 681 shares during the period. CoreCap Advisors LLC boosted its stake in shares of TeraWulf by 106.7% in the 2nd quarter. CoreCap Advisors LLC now owns 1,447 shares of the company’s stock valued at $36,000 after purchasing an additional 747 shares during the last quarter. Thoroughbred Financial Services LLC grew its position in shares of TeraWulf by 0.5% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 162,925 shares of the company’s stock worth $2,411,000 after buying an additional 850 shares during the period. State of Wyoming grew its position in shares of TeraWulf by 13.5% during the 3rd quarter. State of Wyoming now owns 7,331 shares of the company’s stock worth $108,000 after buying an additional 870 shares during the period. Finally, Vima LLC grew its position in shares of TeraWulf by 0.7% during the 3rd quarter. Vima LLC now owns 145,545 shares of the company’s stock worth $2,154,000 after buying an additional 1,034 shares during the period. 62.49% of the stock is owned by institutional investors and hedge funds.

Recent TeraWulf Headlines

Investors following WULF have been watching these headlines:

• 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
• 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
• Negative Sentiment: A Motley Fool analysis argued that Nebius may have better economics than colocation providers such as TeraWulf, citing higher per-megawatt pricing on shorter-term deals. That comparison raises questions about the revenue potential of TeraWulf’s long-term lease commitments. Article: Neoclouds Like Nebius Are Much Better Investments Than Colocation Companies Like 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.