TeraWulf (NASDAQ:WULF) Stock Rating Raised to Hold at Zacks Research

TeraWulf (NASDAQ:WULF) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Wednesday, Zacks reports.

Other research analysts also recently issued research reports about the company. Weiss Ratings raised TeraWulf from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, October 26th. Freedom Capital upgraded TeraWulf to a “strong-buy” rating in a report on Tuesday, September 8th. Morgan Stanley cut their price objective on TeraWulf from $65.00 to $47.00 and set an “overweight” rating on the stock in a research report on Tuesday. Chardan Capital reissued a “buy” rating and set a $32.00 target price on shares of TeraWulf in a research note on Wednesday, August 5th. Finally, UBS Group initiated coverage on TeraWulf in a report on Wednesday, September 23rd. They set a “buy” rating and a $24.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $27.18.

TeraWulf Price Performance

WULF stock opened at $13.04 on Wednesday. The stock has a market capitalization of $6.54 billion, a price-to-earnings ratio of -3.99 and a beta of 4.00. The firm’s 50-day moving average price is $14.04 and its two-hundred day moving average price is $17.93. The company has a current ratio of 0.97, a quick ratio of 0.75 and a debt-to-equity ratio of 5.35. TeraWulf has a 12-month low of $9.51 and a 12-month high of $29.84.

TeraWulf (NASDAQ:WULF) last posted its earnings results on Friday, November 6th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.15. The company had revenue of $76.23 million during the quarter, compared to analyst estimates of $62.49 million. TeraWulf had a negative net margin of 410.92% and a positive return on equity of 87.30%. TeraWulf’s revenue for the quarter was up 50.7% on a year-over-year basis. During the same period in the prior year, the business posted ($1.13) earnings per share. As a group, equities analysts predict that TeraWulf will post -0.48 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Michael C. Bucella bought 6,085 shares of TeraWulf stock in a transaction on Tuesday, September 15th. The shares were purchased at an average price of $14.79 per share, for a total transaction of $89,997.15. Following the acquisition, the director owned 350,789 shares of the company’s stock, valued at approximately $5,188,169.31. The trade was a 1.77% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Walter E. Carter sold 130,626 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $15.14, for a total value of $1,977,677.64. Following the completion of the transaction, the director directly owned 229,090 shares of the company’s stock, valued at $3,468,422.60. This represents a 36.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 15.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On TeraWulf

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of TeraWulf during the 2nd quarter valued at $577,805,000. Bank of America Corp DE purchased a new stake in shares of TeraWulf in the 2nd quarter worth about $140,057,000. Jennison Associates LLC bought a new position in shares of TeraWulf in the 1st quarter worth about $53,418,000. Engle Capital Management L.P. increased its stake in shares of TeraWulf by 574.3% in the 1st quarter. Engle Capital Management L.P. now owns 2,950,100 shares of the company’s stock worth $42,570,000 after acquiring an additional 2,512,600 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of TeraWulf in the 2nd quarter worth about $61,962,000. Hedge funds and other institutional investors own 62.49% of the company’s stock.

TeraWulf News Summary

These are some of the WULF news items that stood out recently:

• Positive Sentiment: Shares benefited Wednesday from strength across AI-infrastructure stocks after CoreWeave reported earnings, giving WULF a sector-wide tailwind. TeraWulf Stock Rises With AI Infrastructure Stocks After CoreWeave Earnings
• Positive Sentiment: Recent results and project updates provide fundamental support: third-quarter revenue was $76.2 million, including about $63 million from high-performance computing leases. The company also highlighted its 20-year Anthropic lease, expected to generate about $19 billion in contracted revenue, Google credit support connected to project financing, and roughly $2.4 billion in cash and restricted cash at quarter-end. Why TeraWulf (WULF) Stock Is Up Today
• Negative Sentiment: Northland Securities reduced its Q4 and FY2026 earnings estimates, reflecting a less favorable near-term earnings outlook. Northland lowers TeraWulf earnings estimates

About TeraWulf

TeraWulf, Inc. develops and operates digital infrastructure, including facilities for Bitcoin mining and high-performance computing (HPC). The company focuses on locating its operations near sources of low-carbon energy and offers data center capacity designed for energy-intensive computing. Its Lake Mariner facility in New York is a key site for its mining and data center activities. TeraWulf has also operated in Pennsylvania through the Nautilus Cryptomine facility, reflecting its history of developing energy-intensive operations in the northeastern United States.