Rosenblatt Securities Reaffirms Buy Rating for TeraWulf (NASDAQ:WULF)

Key Points

• Rosenblatt Securities reaffirmed its Buy rating on TeraWulf and maintained a $30 price target, implying approximately 66% upside from the stock’s recent price. Analysts overall rate the stock “Moderate Buy,” with a consensus target of $34.74.
• TeraWulf’s shares fell 4.3% to open at $18.07, while the company’s latest quarterly results missed expectations: it reported a $1.94 per-share loss and $44.77 million in revenue, down 6% year over year.
• The company is expanding its AI and high-performance computing infrastructure, with 102 megawatts of revenue-generating capacity online at Lake Mariner and another 336 MW under construction; however, CEO Paul Prager recently sold shares worth about $4.1 million.

TeraWulf (NASDAQ:WULF - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Rosenblatt Securities in a report released on Thursday,Benzinga reports. They presently have a $30.00 target price on the stock. Rosenblatt Securities' price objective would suggest a potential upside of 66.02% from the company's current price.

Several other brokerages have also recently commented on WULF. Sanford C. Bernstein started coverage on shares of TeraWulf in a research report on Wednesday, June 3rd. They set an "outperform" rating and a $46.00 target price for the company. Oppenheimer reaffirmed an "outperform" rating and issued a $35.00 price target on shares of TeraWulf in a research note on Wednesday, May 27th. Northland Securities set a $30.00 price objective on shares of TeraWulf in a research note on Monday, May 4th. Chardan Capital restated a "buy" rating and set a $32.00 price objective on shares of TeraWulf in a report on Wednesday. Finally, Compass Point set a $40.00 target price on shares of TeraWulf in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, TeraWulf presently has an average rating of "Moderate Buy" and a consensus price target of $34.74.

TeraWulf Trading Down 4.3%

WULF opened at $18.07 on Thursday. TeraWulf has a 1-year low of $4.67 and a 1-year high of $29.84. The stock has a market capitalization of $8.95 billion, a PE ratio of -7.29 and a beta of 3.76. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 33.00. The firm has a 50-day moving average price of $22.89 and a two-hundred day moving average price of $19.44.

TeraWulf (NASDAQ:WULF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($1.94) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($1.70). The company had revenue of $44.77 million during the quarter, compared to the consensus estimate of $45.32 million. TeraWulf had a negative return on equity of 305.07% and a negative net margin of 611.46%.The business's revenue for the quarter was down 6.0% on a year-over-year basis. During the same quarter last year, the firm earned ($0.05) EPS. As a group, equities analysts anticipate that TeraWulf will post -1.06 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other TeraWulf news, CEO Paul B. Prager sold 166,650 shares of TeraWulf stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $24.43, for a total value of $4,071,259.50. Following the transaction, the chief executive officer owned 4,249,202 shares of the company's stock, valued at approximately $103,808,004.86. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 15.90% of the company's stock.

Institutional Investors Weigh In On TeraWulf

A number of hedge funds and other institutional investors have recently made changes to their positions in WULF. Advisory Services Network LLC acquired a new position in TeraWulf in the 3rd quarter worth $29,000. Vermillion Wealth Management Inc. boosted 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 worth $30,000 after buying an additional 2,394 shares during the period. Solstein Capital LLC acquired a new position in shares of TeraWulf during the fourth quarter worth about $34,000. Comerica Bank grew its holdings in shares of TeraWulf by 3,748.5% during the first quarter. Comerica Bank now owns 12,700 shares of the company's stock worth $35,000 after buying an additional 12,370 shares in the last quarter. Finally, CoreCap Advisors LLC grew its holdings in shares of TeraWulf by 106.7% during the second quarter. CoreCap Advisors LLC now owns 1,447 shares of the company's stock worth $36,000 after buying an additional 747 shares in the last quarter. 62.49% of the stock is currently owned by institutional investors and hedge funds.

Key TeraWulf News

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: Chardan Capital reaffirmed its Buy rating and set a $32 price target, implying significant upside from the recent trading level. The bullish view reflects confidence in TeraWulf’s growth prospects in AI and HPC data centers. Benzinga analyst rating report
• Positive Sentiment: TeraWulf reported 102 megawatts of revenue-generating critical IT capacity online at its Lake Mariner facility, with another 336 MW under construction. The company said deliveries remain within its cost and schedule guidance, supporting its transition toward larger-scale AI infrastructure. TeraWulf second-quarter results
• Positive Sentiment: The company received federal approval for its Morgantown plant, removing an important regulatory hurdle for future capacity expansion amid broader debate over data-center development. Morgantown plant federal approval
• Neutral Sentiment: Management said TeraWulf is moving into “scaled execution,” with access to power becoming increasingly important in the AI infrastructure race. The earnings call and presentation emphasized HPC leasing opportunities, though investors are looking for more evidence of financial execution. TeraWulf CEO comments
• Negative Sentiment: Second-quarter results missed expectations on profitability. TeraWulf reported a loss of $1.94 per share on a GAAP basis, versus the $0.24 consensus estimate; an adjusted-loss measure cited by Zacks was $0.37 per share versus expectations of $0.20. Revenue of $44.77 million also narrowly missed estimates and declined 6% year over year, while losses and negative margins remained substantial. TeraWulf earnings report

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.

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