TeraWulf (NASDAQ:WULF) Price Target Raised to $24.00

TeraWulf (NASDAQ:WULF) had its price target boosted by Cantor Fitzgerald from $18.00 to $24.00 in a research report sent to investors on Friday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research analysts have also weighed in on the stock. Needham & Company LLC reissued a “buy” rating and issued a $21.00 target price on shares of TeraWulf in a report on Tuesday, February 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of TeraWulf in a research note on Monday, December 29th. Morgan Stanley assumed coverage on shares of TeraWulf in a report on Monday, February 9th. They issued an “overweight” rating and a $37.00 target price on the stock. Citigroup restated a “market outperform” rating on shares of TeraWulf in a research report on Tuesday, November 11th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $24.00 price target on shares of TeraWulf in a research report on Tuesday, November 11th. Twelve research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.69.

TeraWulf Stock Performance

NASDAQ WULF opened at $16.22 on Friday. The company has a debt-to-equity ratio of 4.45, a current ratio of 1.03 and a quick ratio of 1.03. TeraWulf has a 1-year low of $2.06 and a 1-year high of $18.51. The business has a 50 day simple moving average of $14.15 and a two-hundred day simple moving average of $12.94. The stock has a market capitalization of $6.79 billion, a PE ratio of -9.95 and a beta of 3.66.

Hedge Funds Weigh In On TeraWulf

A number of institutional investors have recently modified their holdings of WULF. Vanguard Group Inc. boosted its holdings in shares of TeraWulf by 37.4% in the fourth quarter. Vanguard Group Inc. now owns 33,643,009 shares of the company’s stock valued at $386,558,000 after purchasing an additional 9,162,958 shares during the period. Bank of America Corp DE increased its holdings in TeraWulf by 22.2% during the 2nd quarter. Bank of America Corp DE now owns 14,392,299 shares of the company’s stock worth $63,038,000 after purchasing an additional 2,617,617 shares during the period. Morgan Stanley raised its position in TeraWulf by 8.1% during the 4th quarter. Morgan Stanley now owns 9,641,209 shares of the company’s stock valued at $110,778,000 after purchasing an additional 724,286 shares in the last quarter. Geode Capital Management LLC raised its position in TeraWulf by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 8,377,589 shares of the company’s stock valued at $96,274,000 after purchasing an additional 318,842 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of TeraWulf by 4.2% in the 4th quarter. State Street Corp now owns 7,349,508 shares of the company’s stock worth $84,446,000 after buying an additional 298,645 shares during the period. 62.49% of the stock is owned by hedge funds and other institutional investors.

Key TeraWulf News

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: Analysts raised targets and reiterated bullish ratings — Rosenblatt raised its target to $23 with a “buy” rating, implying meaningful upside, and Cantor Fitzgerald raised its target to $24 with an “overweight” rating. These upgrades signal continued analyst confidence in the company’s pivot to HPC. Benzinga
• Positive Sentiment: Management has secured very large long‑term HPC leases (reported as $12.8B), providing a visible revenue backlog to support the AI/data‑center pivot. This contract visibility is a major potential revenue driver if execution continues. Zacks
• Positive Sentiment: Underlying HPC economics look strong — analysts highlighted ~77% HPC segment margins and valuation upside versus peers (CoreWeave), suggesting TeraWulf could materially re‑rate if growth and margin execution hold. Seeking Alpha
• Neutral Sentiment: Company scheduled a lender construction update call for its WULF Compute subsidiary, which will provide more detail on build timing and financing — useful for assessing execution risk but not an immediate earnings driver. GlobeNewswire
• Neutral Sentiment: Market writeups and earnings‑call highlights summarize the strategic AI/data‑center pivot — helpful context for longer‑term investors but do not change near‑term cash flow. Investing.com
• Negative Sentiment: Q4 results disappointed: EPS missed materially (company reported a larger loss than expected) and revenue came in below consensus — the headline miss triggered negative near‑term sentiment and selling pressure. Zacks
• Negative Sentiment: Reported results were distorted by a large non‑cash warrant revaluation (~$429.8M), which widened the reported loss — this reduces reported earnings clarity and drove short‑term headline risk even if cash operations look better. Seeking Alpha
• Negative Sentiment: Multiple outlets flagged the company “missed big” on Q4 and the stock reacted to the combination of misses, high leverage metrics, and execution risk during the transition away from legacy Bitcoin mining. 247WallStreet

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.