Janus Henderson Group PLC Has $2.04 Million Position in TeraWulf Inc. $WULF

Janus Henderson Group PLC lessened its stake in TeraWulf Inc. (NASDAQ:WULF) by 68.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 141,382 shares of the company’s stock after selling 310,450 shares during the period. Janus Henderson Group PLC’s holdings in TeraWulf were worth $2,041,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in TeraWulf by 37.4% in the fourth quarter. Vanguard Group Inc. now owns 33,643,009 shares of the company’s stock valued at $386,558,000 after acquiring an additional 9,162,958 shares during the last quarter. Voloridge Investment Management LLC bought a new position in TeraWulf during the 3rd quarter worth approximately $69,006,000. Wellington Management Group LLP lifted its position in shares of TeraWulf by 36,193.2% in the 3rd quarter. Wellington Management Group LLP now owns 3,901,878 shares of the company’s stock worth $44,559,000 after purchasing an additional 3,891,127 shares during the period. Jennison Associates LLC acquired a new position in shares of TeraWulf in the 1st quarter worth approximately $53,418,000. Finally, Marshall Wace LLP boosted its stake in shares of TeraWulf by 574.2% in the 4th quarter. Marshall Wace LLP now owns 3,186,200 shares of the company’s stock valued at $36,609,000 after purchasing an additional 2,713,587 shares during the last quarter. Institutional investors and hedge funds own 62.49% of the company’s stock.

TeraWulf Price Performance

Shares of NASDAQ:WULF opened at $17.08 on Friday. TeraWulf Inc. has a twelve month low of $4.67 and a twelve month high of $29.84. The stock’s 50 day moving average is $22.55 and its 200-day moving average is $19.45. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 33.00. The firm has a market capitalization of $8.52 billion, a price-to-earnings ratio of -3.91 and a beta of 3.76.

TeraWulf (NASDAQ:WULF) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($1.94) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($1.70). TeraWulf had a negative net margin of 1,179.94% and a negative return on equity of 512.60%. The business had revenue of $44.77 million for the quarter, compared to the consensus estimate of $46.00 million. During the same quarter last year, the firm posted ($0.05) EPS. The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. Sell-side analysts forecast that TeraWulf Inc. will post -1 EPS for the current fiscal year.

TeraWulf News Summary

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: AI expansion remains a key catalyst: TeraWulf reaffirmed its goal of contracting 250 to 500 megawatts annually, following a reported $19 billion Anthropic lease and the $530 million Abernathy sale. The developments support the company’s pivot from cryptocurrency mining toward AI infrastructure. TeraWulf reaffirms annual contracting target
• Positive Sentiment: Analysts remain bullish: Rosenblatt Securities reaffirmed a “Buy” rating with a $30 price target, while Chardan Capital maintained its “Buy” rating and a $32 target. Bernstein also reportedly maintained an upside view tied to TeraWulf’s AI pivot. Rosenblatt rating update Bernstein AI pivot view
• Positive Sentiment: Forecast revisions were modestly favorable: Northland Securities reduced the expected size of TeraWulf’s Q3 and Q4 2026 losses to $0.24 and $0.21 per share, respectively, from prior estimates of $0.26 and $0.23. Northland earnings estimates
• Negative Sentiment: Quarterly results overshadowed the positive catalysts: TeraWulf reported a second-quarter loss of $1.94 per share, substantially worse than the $0.24 analyst consensus, while revenue of $44.77 million fell short of the $46 million estimate and declined year over year. The disappointing results pressured the stock even as Bitcoin moved toward $65,000. TeraWulf shares fall after Q2 losses

Insider Activity at TeraWulf

In other news, CEO Paul B. Prager sold 137,500 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $26.60, for a total value of $3,657,500.00. Following the transaction, the chief executive officer owned 3,945,052 shares in the company, valued at $104,938,383.20. This trade represents a 3.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 15.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Zacks Research downgraded shares of TeraWulf from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 9th. Roth Capital reiterated a “buy” rating and set a $32.00 price target on shares of TeraWulf in a report on Friday, April 17th. Compass Point set a $40.00 price objective on TeraWulf in a research report on Monday, July 6th. Jefferies Financial Group began coverage on TeraWulf in a research note on Thursday, May 14th. They issued a “buy” rating and a $28.00 price objective on the stock. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $37.00 target price on shares of TeraWulf in a research report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, TeraWulf presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.74.

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.