Rosenblatt Securities Reaffirms “Buy” Rating for TeraWulf (NASDAQ:WULF)

TeraWulf (NASDAQ:WULF)‘s stock had its “buy” rating reiterated by stock analysts at Rosenblatt Securities in a report released on Thursday,Benzinga reports. They currently have a $23.00 price objective on the stock. Rosenblatt Securities’ target price indicates a potential upside of 52.32% from the stock’s previous close.

WULF has been the topic of several other research reports. Morgan Stanley began coverage on shares of TeraWulf in a research report on Monday, February 9th. They issued an “overweight” rating and a $37.00 price target on the stock. Keefe, Bruyette & Woods cut their price objective on shares of TeraWulf from $24.00 to $23.00 and set an “outperform” rating for the company in a report on Wednesday, March 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of TeraWulf in a research note on Monday, December 29th. Needham & Company LLC reissued a “buy” rating and set a $21.00 target price on shares of TeraWulf in a report on Tuesday, February 3rd. Finally, Cantor Fitzgerald increased their target price on TeraWulf from $18.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Twelve analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $20.62.

TeraWulf Trading Down 4.1%

Shares of TeraWulf stock opened at $15.10 on Thursday. The stock has a market capitalization of $6.40 billion, a P/E ratio of -9.26 and a beta of 3.67. TeraWulf has a 52-week low of $2.06 and a 52-week high of $18.51. The company has a debt-to-equity ratio of 33.00, a quick ratio of 2.00 and a current ratio of 2.00. The stock’s 50-day simple moving average is $14.99 and its 200 day simple moving average is $13.51.

Insider Buying and Selling

In other news, Director Michael C. Bucella purchased 1,665 shares of the business’s stock in a transaction on Friday, March 20th. The stock was purchased at an average cost of $15.04 per share, with a total value of $25,041.60. Following the acquisition, the director directly owned 280,052 shares in the company, valued at approximately $4,211,982.08. This trade represents a 0.60% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Patrick Fleury sold 26,414 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $16.14, for a total transaction of $426,321.96. Additional details regarding this sale are available in the official SEC disclosure. Insiders have purchased a total of 13,094 shares of company stock worth $200,392 in the last ninety days. 19.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TeraWulf

A number of institutional investors and hedge funds have recently made changes to their positions in WULF. Steward Partners Investment Advisory LLC grew its position in TeraWulf by 265.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 6,609 shares of the company’s stock worth $29,000 after buying an additional 4,800 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of TeraWulf in the 3rd quarter valued at about $29,000. Advisors Asset Management Inc. raised its holdings in shares of TeraWulf by 68.4% in the 2nd quarter. Advisors Asset Management Inc. now owns 6,767 shares of the company’s stock valued at $30,000 after acquiring an additional 2,748 shares in the last quarter. Vermillion Wealth Management Inc. boosted its position in shares of TeraWulf by 1,191.0% during the 4th quarter. Vermillion Wealth Management Inc. now owns 2,595 shares of the company’s stock valued at $30,000 after acquiring an additional 2,394 shares during the last quarter. Finally, Solstein Capital LLC purchased a new position in shares of TeraWulf during the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 62.49% of the company’s stock.

TeraWulf News Summary

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: Rosenblatt reaffirmed a “buy” rating and $23 price target, supporting upside expectations and institutional interest. Read More.
• Positive Sentiment: Company disclosures and coverage highlight large commercial wins — long‑term lease agreements for ~522 MW of IT capacity and reported ~$12.8B in contracted revenue tied to its AI/HPC pivot — which underpin future revenue visibility. Read More.
• Positive Sentiment: TeraWulf engaged Fluor for preconstruction on a planned ~$3B Kentucky data center, a material infrastructure step that advances capacity to service AI/HPC customers. Read More.
• Positive Sentiment: Director Michael C. Bucella made repeated small open‑market purchases (mid‑March), signaling insider confidence despite recent volatility. Read More.
• Neutral Sentiment: Analyst coverage is broadly constructive (consensus “moderate buy”; average target ≈ $20.62) with several firms issuing overweight/buy ratings — supportive but not unanimous. Read More.
• Neutral Sentiment: Independent coverage frames the AI pivot as promising but cautions that execution and market risks may be underestimated — useful context for balancing enthusiasm. Read More.
• Negative Sentiment: A Seeking Alpha piece flagged that an outsized rally prompted a downgrade to Hold, which can pressure sentiment and trigger short‑term profit taking. Read More.
• Negative Sentiment: CFO Patrick Fleury sold a large block of shares (combined filings show ~600,000 shares sold mid‑March for proceeds >$9M), a material reduction in his stake that may raise governance or liquidity concerns for some investors. Read More.

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.