TeraWulf (WULF) to Release Earnings on Friday

TeraWulf (NASDAQ:WULF - Get Free Report) is expected to be announcing its Q1 2025 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 released its earnings results on Friday, February 28th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.04). The business had revenue of $35.00 million for the quarter, compared to analysts' expectations of $37.43 million. TeraWulf had a negative net margin of 41.88% and a negative return on equity of 15.91%. The company's quarterly revenue 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 Price Performance

Shares of NASDAQ:WULF traded down $0.07 during midday trading on Wednesday, reaching $3.05. The company had a trading volume of 27,008,263 shares, compared to its average volume of 28,956,512. TeraWulf has a one year low of $1.91 and a one year high of $9.30. The stock has a market capitalization of $1.17 billion, a P/E ratio of -15.25 and a beta of 3.00. The stock's fifty day moving average price is $2.91 and its 200-day moving average price is $5.04.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on WULF shares. Needham & Company LLC restated a "buy" rating and issued a $9.50 target price on shares of TeraWulf in a research note on Monday, January 13th. Jones Trading started coverage on TeraWulf in a research report on Monday, March 31st. They issued a "buy" rating and a $4.00 target price for the company. Rosenblatt Securities dropped their price target on TeraWulf from $10.00 to $4.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. Finally, Keefe, Bruyette & Woods began coverage on shares of TeraWulf in a report on Wednesday, January 8th. They issued a "market perform" rating for the company. One analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and an average target price of $7.86.

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.