TeraWulf (WULF) Projected to Post Earnings on Friday

TeraWulf (NASDAQ:WULF) is expected to be releasing its earnings data before the market opens on Friday, February 28th. Analysts expect TeraWulf to post earnings of ($0.04) per share and revenue of $37.43 million for the quarter.

TeraWulf Stock Performance

NASDAQ WULF opened at $4.50 on Friday. TeraWulf has a one year low of $1.57 and a one year high of $9.30. The company’s 50 day moving average price is $5.67 and its 200 day moving average price is $5.55.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $11.00 target price on shares of TeraWulf in a report on Monday, January 6th. Atb Cap Markets upgraded TeraWulf to a “strong-buy” rating in a research note on Sunday, January 5th. Keefe, Bruyette & Woods assumed coverage on shares of TeraWulf in a report on Wednesday, January 8th. They issued a “market perform” rating for the company. Needham & Company LLC restated a “buy” rating and set a $9.50 price objective on shares of TeraWulf in a research note on Monday, January 13th. Finally, Stifel Canada lowered shares of TeraWulf from a “strong-buy” rating to a “moderate buy” rating in a research note on Tuesday, October 29th. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, TeraWulf currently has a consensus rating of “Buy” and a consensus target price of $8.64.

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.