Roth Capital Brokers Boost Earnings Estimates for TeraWulf

TeraWulf Inc. (NASDAQ:WULF) – Roth Capital boosted their Q1 2025 EPS estimates for shares of TeraWulf in a research note issued to investors on Monday, December 16th. Roth Capital analyst D. Aftahi now forecasts that the company will earn $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.

A number of other research analysts also recently commented on the company. B. Riley restated a “buy” rating and issued a $6.00 target price on shares of TeraWulf in a research note on Monday, October 7th. Cantor Fitzgerald reissued an “overweight” rating and issued a $11.00 price target on shares of TeraWulf in a research note on Wednesday, December 4th. Rosenblatt Securities restated a “buy” rating and issued a $10.00 price objective on shares of TeraWulf in a report on Thursday, December 5th. Stifel Canada cut shares of TeraWulf from a “strong-buy” rating to a “moderate buy” rating in a research note on Tuesday, October 29th. Finally, Needham & Company LLC boosted their target price on shares of TeraWulf from $6.00 to $9.50 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $8.07.

TeraWulf Trading Up 1.7 %

Shares of NASDAQ WULF traded up $0.12 during mid-day trading on Thursday, reaching $7.10. The company had a trading volume of 2,755,241 shares, compared to its average volume of 21,407,652. TeraWulf has a twelve month low of $1.24 and a twelve month high of $9.30. The stock’s 50 day moving average is $6.85 and its 200-day moving average is $5.24.

Hedge Funds Weigh In On TeraWulf

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its stake in shares of TeraWulf by 97.8% in the second quarter. Bank of New York Mellon Corp now owns 844,292 shares of the company’s stock worth $3,757,000 after buying an additional 417,369 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in TeraWulf in the 2nd quarter worth $250,000. Principal Financial Group Inc. lifted its position in TeraWulf by 75.6% during the 2nd quarter. Principal Financial Group Inc. now owns 30,529 shares of the company’s stock worth $136,000 after acquiring an additional 13,142 shares during the last quarter. Rhumbline Advisers boosted its holdings in TeraWulf by 66.8% during the second quarter. Rhumbline Advisers now owns 299,545 shares of the company’s stock valued at $1,333,000 after acquiring an additional 119,911 shares during the period. Finally, Arizona State Retirement System bought a new stake in TeraWulf during the second quarter valued at about $282,000. Institutional investors and hedge funds own 62.49% of the company’s stock.

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.