TeraWulf (WULF) Expected to Announce Quarterly Earnings on Friday

TeraWulf (NASDAQ:WULF - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Friday, May 9th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $45.72 million for the quarter.

TeraWulf (NASDAQ:WULF - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.04). The company had revenue of $35.00 million for the quarter, compared to analyst estimates of $37.43 million. TeraWulf had a negative return on equity of 15.91% and a negative net margin of 41.88%. The company's revenue for the quarter was up 50.2% on a year-over-year basis. On average, analysts expect TeraWulf to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TeraWulf Trading Up 16.5 %

WULF opened at $3.24 on Friday. TeraWulf has a 1-year low of $1.91 and a 1-year high of $9.30. The firm has a 50-day moving average price of $2.96 and a two-hundred day moving average price of $5.10. The stock has a market capitalization of $1.24 billion, a PE ratio of -16.20 and a beta of 2.76.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on WULF shares. Jones Trading began coverage on shares of TeraWulf in a research report on Monday, March 31st. They issued a "buy" rating and a $4.00 price objective for the company. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $11.00 price target on shares of TeraWulf in a research note on Monday, January 6th. Rosenblatt Securities lowered their price objective on TeraWulf from $10.00 to $4.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Keefe, Bruyette & Woods started coverage on shares of TeraWulf in a research report on Wednesday, January 8th. They set a "market perform" rating on the stock. Finally, Needham & Company LLC reiterated a "buy" rating and set a $9.50 price target on shares of TeraWulf in a research report on Monday, January 13th. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $7.86.

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.

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