TeraWulf Inc. (NASDAQ:WULF) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• TeraWulf has an average analyst rating of “Moderate Buy” from 15 brokerages, with 13 buy ratings and a consensus 12-month target price of about $28.95.
• The company’s latest earnings report showed a wider-than-expected loss, with EPS of ($1.01) versus estimates of ($0.19), while revenue came in at $34.01 million, slightly below forecasts.
• Recent insider activity has been notable, including CEO Paul B. Prager selling 79,200 shares and CFO Patrick Fleury selling 26,414 shares, even as institutional investors remain heavily involved.

TeraWulf Inc. (NASDAQ:WULF - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the fifteen brokerages that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and thirteen have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $28.9464.

Several research firms recently commented on WULF. Citigroup reiterated an "outperform" rating on shares of TeraWulf in a research note on Thursday, May 7th. Northland Securities set a $30.00 target price on TeraWulf in a research report on Monday, May 4th. Keefe, Bruyette & Woods increased their target price on TeraWulf from $25.00 to $33.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 12th. Cantor Fitzgerald increased their target price on TeraWulf from $30.00 to $31.00 and gave the stock an "overweight" rating in a research report on Monday, May 11th. Finally, Jefferies Financial Group began coverage on TeraWulf in a research report on Thursday, May 14th. They set a "buy" rating and a $28.00 target price on the stock.

TeraWulf Stock Performance

WULF stock opened at $26.74 on Thursday. The firm has a market cap of $13.25 billion, a PE ratio of -10.78 and a beta of 3.84. 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 business has a 50 day moving average of $19.69 and a 200-day moving average of $16.01. TeraWulf has a 12-month low of $3.39 and a 12-month high of $26.86.

TeraWulf (NASDAQ:WULF - Get Free Report) last released its earnings results on Friday, May 8th. The company reported ($1.01) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.82). TeraWulf had a negative net margin of 611.46% and a negative return on equity of 305.07%. The business had revenue of $34.01 million during the quarter, compared to the consensus estimate of $34.69 million. During the same period in the prior year, the company earned ($0.16) earnings per share. The business's revenue was down 1.1% on a year-over-year basis. As a group, sell-side analysts expect that TeraWulf will post -0.64 earnings per share for the current year.

Insiders Place Their Bets

In other TeraWulf news, CEO Paul B. Prager sold 79,200 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $20.62, for a total transaction of $1,633,104.00. Following the sale, the chief executive officer owned 884,320 shares in the company, valued at $18,234,678.40. This represents a 8.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Patrick Fleury sold 26,414 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $16.14, for a total value of $426,321.96. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have purchased 13,094 shares of company stock worth $200,392 and have sold 954,200 shares worth $16,390,854. Company insiders own 15.90% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Kraematon Investment Advisors Inc. increased its holdings in shares of TeraWulf by 2.3% in the fourth quarter. Kraematon Investment Advisors Inc. now owns 42,452 shares of the company's stock worth $488,000 after purchasing an additional 952 shares during the period. R Squared Ltd increased its holdings in shares of TeraWulf by 5.0% in the fourth quarter. R Squared Ltd now owns 22,207 shares of the company's stock worth $255,000 after purchasing an additional 1,056 shares during the period. Franklin Resources Inc. increased its holdings in shares of TeraWulf by 2.0% in the fourth quarter. Franklin Resources Inc. now owns 63,005 shares of the company's stock worth $724,000 after purchasing an additional 1,259 shares during the period. Rafferty Asset Management LLC increased its holdings in shares of TeraWulf by 10.7% in the third quarter. Rafferty Asset Management LLC now owns 13,325 shares of the company's stock worth $152,000 after purchasing an additional 1,293 shares during the period. Finally, Xponance Inc. increased its holdings in shares of TeraWulf by 7.3% in the third quarter. Xponance Inc. now owns 22,215 shares of the company's stock worth $254,000 after purchasing an additional 1,503 shares during the period. Institutional investors own 62.49% of the company's stock.

More TeraWulf News

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: TeraWulf acquired a hyperscale Kentucky site with more than 1 GW of potential capacity, strengthening its position in the AI infrastructure build-out. Article Title
• Positive Sentiment: The company also secured utility and transmission agreements that could help it bypass long U.S. data-center power delays, which is seen as a competitive advantage. Article Title
• Positive Sentiment: Management says demand for AI infrastructure and electricity is strong, reinforcing the view that TeraWulf’s power assets could become increasingly valuable. Article Title
• Positive Sentiment: Analysts and market commentary note that the company’s first-quarter HPC lease revenue showed the AI-hosting strategy is already generating some income, not just future promise. Article Title

TeraWulf Company Profile

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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