TeraWulf Inc. (NASDAQ:WULF) to Post FY2026 Earnings of $0.21 Per Share, B. Riley Forecasts

TeraWulf Inc. (NASDAQ:WULF - Free Report) - Equities research analysts at B. Riley lifted their FY2026 earnings per share (EPS) estimates for TeraWulf in a note issued to investors on Friday, October 4th. B. Riley analyst L. Pipes now forecasts that the company will post earnings per share of $0.21 for the year, up from their previous forecast of $0.15. B. Riley has a "Buy" rating and a $6.00 price target on the stock. The consensus estimate for TeraWulf's current full-year earnings is ($0.11) per share.

TeraWulf (NASDAQ:WULF - Get Free Report) last posted its earnings results on Monday, August 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. TeraWulf had a negative net margin of 41.67% and a negative return on equity of 19.77%. The firm had revenue of $35.57 million for the quarter, compared to analyst estimates of $35.73 million.

A number of other analysts have also weighed in on WULF. Needham & Company LLC began coverage on shares of TeraWulf in a research note on Wednesday, September 4th. They issued a "buy" rating and a $6.00 price target for the company. Roth Mkm reaffirmed a "buy" rating and set a $6.50 price target on shares of TeraWulf in a research note on Monday, July 8th. Roth Capital raised TeraWulf to a "strong-buy" rating in a research note on Tuesday, July 2nd. Cantor Fitzgerald reiterated an "overweight" rating and issued a $10.00 price target on shares of TeraWulf in a research report on Thursday. Finally, Rosenblatt Securities increased their target price on shares of TeraWulf from $4.20 to $5.00 and gave the company a "buy" rating in a research note on Wednesday, August 14th. Eight investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $5.71.

TeraWulf Stock Down 10.5 %

TeraWulf stock traded down $0.46 during mid-day trading on Monday, hitting $3.94. 26,292,619 shares of the company's stock traded hands, compared to its average volume of 20,011,018. The firm has a 50 day moving average price of $4.24 and a 200 day moving average price of $3.61. TeraWulf has a one year low of $0.89 and a one year high of $6.51.

Institutional Investors Weigh In On TeraWulf

Several hedge funds have recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in TeraWulf during the second quarter valued at $353,000. Algert Global LLC bought a new stake in shares of TeraWulf in the 2nd quarter valued at approximately $102,000. Driehaus Capital Management LLC acquired a new position in TeraWulf in the second quarter worth approximately $9,948,000. Scientech Research LLC acquired a new position in TeraWulf in the second quarter worth approximately $1,040,000. Finally, The Manufacturers Life Insurance Company raised its position in TeraWulf by 60.9% during the second quarter. The Manufacturers Life Insurance Company now owns 87,319 shares of the company's stock valued at $389,000 after acquiring an additional 33,058 shares in the last quarter. 62.49% of the stock is owned by hedge funds and other institutional investors.

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.