Roth Capital Issues Optimistic Outlook for TeraWulf Earnings

Key Points

• Roth Capital has raised its earnings per share estimates for TeraWulf for Q3 2025 to ($0.04), indicating positive sentiment with a "Buy" rating and a price target of $12.50.
• TeraWulf's recent quarterly earnings missed consensus estimates, reporting a ($0.05) EPS and a 91.42% negative net margin, although revenue increased by 33.9% year-over-year.
• Multiple analysts have recently upgraded TeraWulf's stock rating, with price targets ranging from $7.00 to $14.00, reflecting strong investor confidence.

TeraWulf Inc. (NASDAQ:WULF - Free Report) - Investment analysts at Roth Capital boosted their Q3 2025 earnings estimates for shares of TeraWulf in a report issued on Thursday, August 21st. Roth Capital analyst D. Aftahi now forecasts that the company will earn ($0.04) per share for the quarter, up from their prior estimate of ($0.05). Roth Capital has a "Buy" rating and a $12.50 price objective on the stock. The consensus estimate for TeraWulf's current full-year earnings is ($0.17) per share. Roth Capital also issued estimates for TeraWulf's Q4 2025 earnings at ($0.03) EPS, FY2025 earnings at ($0.27) EPS, Q1 2026 earnings at ($0.04) EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at ($0.05) EPS and FY2027 earnings at $0.82 EPS.

TeraWulf (NASDAQ:WULF - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.01). The firm had revenue of $47.64 million during the quarter, compared to analyst estimates of $46.30 million. TeraWulf had a negative net margin of 91.42% and a negative return on equity of 54.98%. The business's revenue was up 33.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.03) earnings per share.

Other equities analysts have also recently issued reports about the stock. Northland Securities raised their price target on shares of TeraWulf from $12.00 to $15.00 and gave the stock an "outperform" rating in a research note on Tuesday. Cantor Fitzgerald boosted their target price on shares of TeraWulf from $11.00 to $14.00 and gave the company an "overweight" rating in a research report on Thursday, August 14th. Citizens Jmp raised TeraWulf to a "strong-buy" rating and set a $7.00 price target for the company in a research note on Thursday, May 22nd. JMP Securities boosted their price target on TeraWulf from $7.00 to $13.00 and gave the company a "market outperform" rating in a research note on Friday, August 15th. Finally, Wall Street Zen downgraded TeraWulf from a "hold" rating to a "sell" rating in a research note on Sunday. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, TeraWulf presently has an average rating of "Buy" and a consensus target price of $11.22.

TeraWulf Stock Up 4.0%

WULF stock traded up $0.37 during mid-day trading on Monday, hitting $9.50. 30,492,795 shares of the company were exchanged, compared to its average volume of 45,939,137. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market cap of $3.72 billion, a P/E ratio of -27.04 and a beta of 3.17. The firm's 50 day simple moving average is $5.70 and its 200 day simple moving average is $4.24. TeraWulf has a 1-year low of $2.06 and a 1-year high of $10.71.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of TeraWulf by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 23,880,134 shares of the company's stock worth $65,193,000 after acquiring an additional 534,315 shares during the period. Bank of America Corp DE raised its holdings in shares of TeraWulf by 22.2% during the 2nd quarter. Bank of America Corp DE now owns 14,392,299 shares of the company's stock valued at $63,038,000 after buying an additional 2,617,617 shares in the last quarter. Driehaus Capital Management LLC grew its position in shares of TeraWulf by 3.4% in the 4th quarter. Driehaus Capital Management LLC now owns 12,733,291 shares of the company's stock worth $72,070,000 after buying an additional 412,877 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of TeraWulf by 21.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,369,381 shares of the company's stock worth $30,387,000 after buying an additional 955,795 shares during the last quarter. Finally, Hodges Capital Management Inc. grew its position in shares of TeraWulf by 13.8% in the 2nd quarter. Hodges Capital Management Inc. now owns 4,062,480 shares of the company's stock worth $17,794,000 after buying an additional 493,001 shares during the last quarter. Institutional investors own 62.49% of the company's stock.

Insider Activity

In other news, Director Amanda Fabiano sold 4,600 shares of the firm's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $8.64, for a total transaction of $39,744.00. Following the completion of the sale, the director directly owned 40,769 shares of the company's stock, valued at $352,244.16. This trade represents a 10.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 24.88% of the stock is currently owned by corporate insiders.

TeraWulf Company Profile

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.