TeraWulf Inc. to Post Q1 2025 Earnings of $0.01 Per Share, Roth Capital Forecasts (NASDAQ:WULF)

TeraWulf Inc. (NASDAQ:WULF) – Roth Capital issued their Q1 2025 earnings per share (EPS) estimates for TeraWulf in a note issued to investors on Tuesday, July 9th. Roth Capital analyst D. Aftahi forecasts that the company will post earnings of $0.01 per share for the quarter. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for TeraWulf’s current full-year earnings is ($0.08) per share. Roth Capital also issued estimates for TeraWulf’s FY2025 earnings at $0.14 EPS and FY2026 earnings at $0.31 EPS.

Several other analysts have also recently weighed in on WULF. Cantor Fitzgerald boosted their price target on TeraWulf from $9.00 to $10.00 and gave the stock an “overweight” rating in a report on Friday, July 5th. Roth Mkm reaffirmed a “buy” rating and set a $6.50 target price on shares of TeraWulf in a research report on Monday. Compass Point cut their price objective on TeraWulf from $4.50 to $3.50 and set a “buy” rating on the stock in a research note on Thursday, March 21st. Rosenblatt Securities assumed coverage on shares of TeraWulf in a report on Tuesday, April 9th. They set a “buy” rating and a $4.20 price target for the company. Finally, B. Riley increased their price objective on shares of TeraWulf from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Friday, June 28th. Seven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $5.53.

TeraWulf Stock Down 2.7 %

Shares of WULF opened at $4.75 on Wednesday. TeraWulf has a 12-month low of $0.89 and a 12-month high of $6.05. The business has a 50-day simple moving average of $3.37 and a two-hundred day simple moving average of $2.54.

TeraWulf (NASDAQ:WULF) last posted its earnings results on Monday, May 13th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07). TeraWulf had a negative return on equity of 30.00% and a negative net margin of 56.70%. The company had revenue of $42.43 million for the quarter, compared to the consensus estimate of $41.86 million.

Insider Activity at TeraWulf

In other news, Treasurer Kenneth J. Deane sold 69,996 shares of the company’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $3.25, for a total transaction of $227,487.00. Following the transaction, the treasurer now owns 337,245 shares in the company, valued at $1,096,046.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 24.88% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On TeraWulf

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in TeraWulf by 17.7% during the 1st quarter. Vanguard Group Inc. now owns 11,722,320 shares of the company’s stock worth $30,830,000 after purchasing an additional 1,764,115 shares in the last quarter. Van ECK Associates Corp increased its position in shares of TeraWulf by 50.8% during the first quarter. Van ECK Associates Corp now owns 6,733,179 shares of the company’s stock valued at $17,708,000 after acquiring an additional 2,268,870 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in TeraWulf by 126.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,457,169 shares of the company’s stock worth $5,897,000 after purchasing an additional 1,372,195 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in TeraWulf by 37.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,672,844 shares of the company’s stock valued at $4,015,000 after purchasing an additional 459,997 shares during the period. Finally, GM Advisory Group LLC increased its position in shares of TeraWulf by 3.3% during the 4th quarter. GM Advisory Group LLC now owns 1,237,912 shares of the company’s stock valued at $2,971,000 after purchasing an additional 39,617 shares during the last quarter. 62.49% of the stock is owned by institutional investors and hedge funds.

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.