Equities Analysts Issue Forecasts for TeraWulf Q1 Earnings

TeraWulf Inc. (NASDAQ:WULF) – Analysts at Roth Capital raised their Q1 2025 earnings per share (EPS) estimates for TeraWulf in a report issued on Monday, December 16th. Roth Capital analyst D. Aftahi now expects that the company will post earnings of $0.02 per share for the quarter, up from their previous estimate of ($0.01). The consensus estimate for TeraWulf’s current full-year earnings is ($0.17) per share. Roth Capital also issued estimates for TeraWulf’s Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.04 EPS, FY2025 earnings at $0.16 EPS and FY2026 earnings at $0.25 EPS.

Other analysts have also recently issued reports about the stock. Stifel Canada cut shares of TeraWulf from a “strong-buy” rating to a “moderate buy” rating in a research note on Tuesday, October 29th. Needham & Company LLC upped their price objective on shares of TeraWulf from $6.00 to $9.50 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Cantor Fitzgerald reissued an “overweight” rating and set a $11.00 target price on shares of TeraWulf in a research report on Wednesday, December 4th. B. Riley upped their price target on TeraWulf from $8.00 to $10.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Northland Securities raised their price objective on TeraWulf from $8.00 to $10.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $8.64.

TeraWulf Stock Down 6.9 %

NASDAQ WULF opened at $6.49 on Thursday. TeraWulf has a 1-year low of $1.24 and a 1-year high of $9.30. The firm’s fifty day simple moving average is $6.90 and its 200-day simple moving average is $5.25.

Institutional Trading of TeraWulf

Institutional investors have recently made changes to their positions in the business. FMR LLC lifted its holdings in shares of TeraWulf by 22.0% during the third quarter. FMR LLC now owns 7,803 shares of the company’s stock valued at $37,000 after acquiring an additional 1,408 shares during the period. Chesapeake Capital Corp IL lifted its holdings in TeraWulf by 6.6% during the 3rd quarter. Chesapeake Capital Corp IL now owns 27,500 shares of the company’s stock valued at $136,000 after purchasing an additional 1,700 shares during the last quarter. Amalgamated Bank lifted its holdings in TeraWulf by 57.7% during the 2nd quarter. Amalgamated Bank now owns 7,963 shares of the company’s stock valued at $35,000 after purchasing an additional 2,912 shares during the last quarter. Victory Capital Management Inc. boosted its position in TeraWulf by 13.3% in the third quarter. Victory Capital Management Inc. now owns 34,866 shares of the company’s stock valued at $163,000 after buying an additional 4,093 shares in the last quarter. Finally, Aspect Partners LLC bought a new stake in TeraWulf during the third quarter worth about $26,000. 62.49% of the stock is currently owned by institutional investors and hedge funds.

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.