Jefferies Financial Group Issues Pessimistic Forecast for TeraWulf (NASDAQ:WULF) Stock Price

Key Points

• Jefferies cut its TeraWulf price target to $14 from $15 but maintained a Buy rating, implying about 11.5% upside from the stock’s $12.56 trading price.
• Analyst sentiment remains broadly positive: TeraWulf has a “Moderate Buy” consensus rating and an average price target of $27.18, despite several firms recently lowering their targets.
• TeraWulf beat quarterly estimates, reporting a loss of $0.03 per share versus expectations of $0.18 and revenue of $76.23 million, up 50.7% year over year.

TeraWulf (NASDAQ:WULF - Get Free Report) had its price objective lowered by research analysts at Jefferies Financial Group from $15.00 to $14.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. Jefferies Financial Group's target price points to a potential upside of 11.46% from the stock's current price.

Other equities research analysts also recently issued research reports about the company. HC Wainwright reaffirmed a "buy" rating on shares of TeraWulf in a report on Friday, August 21st. Chardan Capital reiterated a "buy" rating and issued a $32.00 price objective on shares of TeraWulf in a report on Wednesday, August 5th. Cantor Fitzgerald dropped their price objective on shares of TeraWulf from $37.00 to $30.00 and set an "overweight" rating on the stock in a research report on Friday, October 16th. Northland Securities set a $22.50 target price on shares of TeraWulf in a research note on Friday. Finally, Rosenblatt Securities reduced their target price on shares of TeraWulf from $30.00 to $20.00 and set a "buy" rating for the company in a report on Monday. Three analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $27.18.

TeraWulf Stock Performance

NASDAQ WULF traded up $0.18 during trading on Tuesday, reaching $12.56. 44,536,508 shares of the company's stock were exchanged, compared to its average volume of 33,494,527. The business has a 50 day moving average price of $14.15 and a 200-day moving average price of $17.94. The stock has a market capitalization of $6.27 billion, a P/E ratio of -3.84 and a beta of 4.00. The company has a debt-to-equity ratio of 27.25, a current ratio of 0.75 and a quick ratio of 0.75. TeraWulf has a fifty-two week low of $9.51 and a fifty-two week high of $29.84.

TeraWulf (NASDAQ:WULF - Get Free Report) last released 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. TeraWulf had a negative return on equity of 458.62% and a negative net margin of 1,179.94%. The company had revenue of $76.23 million during the quarter, compared to analysts' expectations of $62.49 million. During the same period last year, the firm posted ($1.13) earnings per share. The business's revenue was up 50.7% on a year-over-year basis. Sell-side analysts forecast that TeraWulf will post -1.09 earnings per share for the current fiscal year.

Insider Activity at TeraWulf

In related news, CEO Paul Prager sold 137,500 shares of the business's 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 sale, the chief executive officer directly owned 3,807,552 shares in the company, valued at $64,956,837.12. The trade was a 3.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Bucella acquired 6,085 shares of the firm's stock in a transaction on Tuesday, September 15th. The stock was purchased at an average cost of $14.79 per share, for a total transaction of $89,997.15. Following the completion of the acquisition, the director owned 350,789 shares in the company, valued at approximately $5,188,169.31. This represents a 1.77% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 11,968 shares of company stock worth $189,962 in the last ninety days. 15.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On TeraWulf

A number of hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in TeraWulf in the 2nd quarter worth about $577,805,000. Bank of America Corp DE grew its position in shares of TeraWulf by 9.2% during the 1st quarter. Bank of America Corp DE now owns 5,777,458 shares of the company's stock worth $83,369,000 after purchasing an additional 488,184 shares in the last quarter. Jennison Associates LLC bought a new position in shares of TeraWulf during the first quarter worth approximately $53,418,000. Engle Capital Management L.P. increased its holdings in shares of TeraWulf by 574.3% during the first quarter. Engle Capital Management L.P. now owns 2,950,100 shares of the company's stock worth $42,570,000 after purchasing an additional 2,512,600 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in shares of TeraWulf by 325.9% in the third quarter. Assenagon Asset Management S.A. now owns 2,845,156 shares of the company's stock valued at $42,108,000 after buying an additional 2,177,134 shares in the last quarter. 62.49% of the stock is owned by institutional investors.

TeraWulf News Roundup

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: TeraWulf says it is targeting $700 million in annualized lease revenue by Q1 2027, supported by AI infrastructure expansion and Google’s credit support. Its stated funding discipline may also help address investor concerns about financing growth. Article: WULF Q3 Earnings Call Highlights AI Expansion and Funding Plans
• Neutral Sentiment: Core Scientific and TeraWulf reported a combined $1.89 billion in Q3 profit, but the figure was driven by revaluation gains, making it less indicative of recurring operating performance. Article: Core Scientific and TeraWulf Report Combined Q3 Profit
• Negative Sentiment: Morgan Stanley lowered its WULF price target to $47 from $65, while Wells Fargo cut its target to $22 from $30. Both firms retained Overweight ratings, but the reductions signal lower expectations. Read More. · Read More.
• Negative Sentiment: Earlier cuts add to the pressure: Rosenblatt reduced its target to $20 from $30 and Needham to $25 from $33, though both kept Buy ratings. Read More. · Read More.
• Negative Sentiment: TeraWulf is suing Lansing over records requests as a proposed data-center ban advances, adding regulatory and project uncertainty. Article: TeraWulf Takes Lansing to Court

TeraWulf Company Profile

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.

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