B. Riley Issues Pessimistic Estimate for TeraWulf Earnings

TeraWulf Inc. (NASDAQ:WULF - Free Report) - Investment analysts at B. Riley dropped their Q2 2025 earnings per share (EPS) estimates for shares of TeraWulf in a report released on Thursday, May 15th. B. Riley analyst N. Giles now anticipates that the company will post earnings per share of ($0.03) for the quarter, down from their previous estimate of ($0.02). The consensus estimate for TeraWulf's current full-year earnings is ($0.17) per share. B. Riley also issued estimates for TeraWulf's FY2025 earnings at ($0.20) EPS, Q1 2026 earnings at $0.02 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.06 EPS, Q4 2026 earnings at $0.08 EPS, FY2026 earnings at $0.20 EPS and FY2027 earnings at $0.54 EPS.

Several other research firms have also commented on WULF. Citizens Jmp upgraded shares of TeraWulf to a "strong-buy" rating and set a $7.00 price target on the stock in a research report on Thursday. JMP Securities initiated coverage on TeraWulf in a research report on Thursday. They set a "market outperform" rating and a $7.00 target price on the stock. Rosenblatt Securities dropped their target price on TeraWulf from $4.50 to $4.00 and set a "buy" rating on the stock in a research report on Monday, May 12th. Finally, Jones Trading assumed coverage on TeraWulf in a research report on Monday, March 31st. They set a "buy" rating and a $4.00 target price on the stock. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $7.67.

TeraWulf Stock Down 3.9%

Shares of NASDAQ WULF traded down $0.16 during midday trading on Monday, reaching $3.93. 42,857,340 shares of the stock were exchanged, compared to its average volume of 30,485,423. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of -11.91 and a beta of 3.00. TeraWulf has a twelve month low of $1.96 and a twelve month high of $9.30. The firm has a 50-day simple moving average of $3.00 and a two-hundred day simple moving average of $4.82.

TeraWulf (NASDAQ:WULF - Get Free Report) last posted its earnings results on Friday, May 9th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.09). The company had revenue of $34.41 million for the quarter, compared to analyst estimates of $45.72 million. TeraWulf had a negative return on equity of 15.91% and a negative net margin of 41.88%. The firm's revenue for the quarter was down 18.9% compared to the same quarter last year.

Institutional Trading of TeraWulf

Institutional investors have recently modified their holdings of the stock. CoreCap Advisors LLC boosted its holdings in TeraWulf by 67.9% in the 4th quarter. CoreCap Advisors LLC now owns 7,554 shares of the company's stock worth $43,000 after buying an additional 3,054 shares during the last quarter. Perigon Wealth Management LLC acquired a new stake in shares of TeraWulf in the fourth quarter worth approximately $59,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of TeraWulf in the first quarter worth approximately $29,000. R Squared Ltd acquired a new stake in shares of TeraWulf in the fourth quarter worth approximately $61,000. Finally, Calamos Advisors LLC acquired a new stake in shares of TeraWulf in the first quarter worth approximately $33,000. Institutional investors and hedge funds own 62.49% of the company's stock.

About TeraWulf

TeraWulf Inc, together with its subsidiaries, operates as a digital asset technology company in the United States. The company develops, owns, and operates bitcoin mining facilities in New York and Pennsylvania. It is also involved in the provision of miner hosting services to third-party entities. The company was founded in 2021 and is headquartered in Easton, Maryland.