TeraWulf (NASDAQ:WULF) Earns Buy Rating from Needham & Company LLC

TeraWulf (NASDAQ:WULF)‘s stock had its “buy” rating reiterated by equities researchers at Needham & Company LLC in a report released on Tuesday,Benzinga reports. They presently have a $21.00 price target on the stock. Needham & Company LLC’s price target points to a potential upside of 51.30% from the stock’s current price.

A number of other research firms also recently issued reports on WULF. Keefe, Bruyette & Woods raised TeraWulf from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $9.50 to $24.00 in a research report on Wednesday, December 31st. Citigroup restated a “market outperform” rating on shares of TeraWulf in a report on Tuesday, November 11th. Northland Securities set a $23.25 price objective on shares of TeraWulf in a research note on Wednesday, October 29th. JMP Securities set a $22.00 price objective on shares of TeraWulf in a report on Wednesday, October 29th. Finally, Citizens Jmp upped their target price on TeraWulf from $18.00 to $22.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 29th. Twelve equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $19.15.

TeraWulf Price Performance

WULF stock opened at $13.88 on Tuesday. TeraWulf has a 12 month low of $2.06 and a 12 month high of $17.05. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 4.45. The company has a 50-day moving average price of $13.56 and a 200 day moving average price of $11.60. The stock has a market cap of $5.81 billion, a PE ratio of -9.77 and a beta of 3.69.

TeraWulf (NASDAQ:WULF) last issued its quarterly earnings results on Monday, November 10th. The company reported ($1.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($1.09). TeraWulf had a negative return on equity of 69.75% and a negative net margin of 336.53%.The business had revenue of $50.58 million for the quarter, compared to the consensus estimate of $56.27 million. TeraWulf’s quarterly revenue was up 86.9% on a year-over-year basis. Equities research analysts anticipate that TeraWulf will post -0.17 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Michael C. Bucella purchased 4,178 shares of the business’s stock in a transaction on Thursday, November 13th. The shares were acquired at an average cost of $12.01 per share, with a total value of $50,177.78. Following the completion of the acquisition, the director owned 266,958 shares of the company’s stock, valued at $3,206,165.58. This trade represents a 1.59% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 19.90% of the stock is currently owned by company insiders.

Institutional Trading of TeraWulf

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Comerica Bank increased its position in TeraWulf by 3,748.5% during the 1st quarter. Comerica Bank now owns 12,700 shares of the company’s stock valued at $35,000 after buying an additional 12,370 shares in the last quarter. Millennium Management LLC grew its stake in shares of TeraWulf by 47.8% during the first quarter. Millennium Management LLC now owns 2,456,045 shares of the company’s stock worth $6,705,000 after acquiring an additional 793,832 shares during the last quarter. 111 Capital acquired a new position in shares of TeraWulf during the second quarter valued at about $129,000. Sax Wealth Advisors LLC acquired a new position in shares of TeraWulf during the second quarter valued at about $49,000. Finally, Johnson Investment Counsel Inc. purchased a new position in shares of TeraWulf in the 2nd quarter valued at approximately $110,000. Hedge funds and other institutional investors own 62.49% of the company’s stock.

Key TeraWulf News

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: TeraWulf bought the former Century Aluminum Hawesville campus and plans to convert it for data-center use, giving the company physical sites to build out AI/HPC and hyperscaler-focused capacity. Century Aluminum Sale to TeraWulf Brings New Data Center Plans to Hancock County
• Positive Sentiment: Company announced acquisitions (Hawesville and Morgantown) adding about 1.5 GW of potential power capacity, which market participants are interpreting as a game-changing capacity expansion that supports both mining and AI/HPC hosting. TeraWulf surges 10% after 1.5 GW Hawesville, Morgantown acquisitions
• Positive Sentiment: Outlets frame the moves as transforming TeraWulf from a bitcoin miner into a utility-scale energy/hosting player, fueling bullish sentiment around AI and hyperscaler demand. How The Bitcoin Miner TeraWulf Is Now A Utility Giant
• Positive Sentiment: Analysts at Needham reaffirmed a “buy” and a $21 price target, giving bullish fundamental support to the acquisition-driven thesis. Benzinga
• Neutral Sentiment: CEO Paul Prager discussed the deals on TV, emphasizing the intent to serve hyperscalers and convert legacy industrial sites — helpful for clarity but not new material guidance. Terawulf CEO on recent deals: Represents chance to meet energy demand needs from hyperscalers
• Neutral Sentiment: Market commentary (Zacks) flagged the big volume surge but noted that recent downward revisions in earnings estimates could limit follow-through gains. TeraWulf (WULF) Surges 10.1%: Is This an Indication of Further Gains?
• Negative Sentiment: Critical pieces warn the rally may have priced in perfection (Seeking Alpha), which can prompt profit-taking and raise downside risk if execution or margins disappoint. TeraWulf: Priced For Perfection
• Negative Sentiment: Underlying fundamentals remain a concern: recent quarterly EPS missed estimates, the company shows large negative margins and high leverage — factors that make the stock sensitive to sentiment reversals. MarketBeat WULF profile and recent earnings summary

TeraWulf Company Profile

TeraWulf, Inc (NASDAQ: WULF) is a digital asset infrastructure company focused on the development and operation of zero-carbon bitcoin mining facilities. The company integrates sustainable power generation with high-density data center technologies to deliver environmentally responsible digital asset mining services. Its core business revolves around designing, building and operating large-scale mining projects powered exclusively by renewable or emissions-free energy sources.

One of TeraWulf’s flagship projects is “Project Nautilus,” located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.