TeraWulf (NASDAQ:WULF - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Friday, February 28th. Analysts expect TeraWulf to post earnings of ($0.04) per share and revenue of $37.43 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
TeraWulf Trading Down 9.3 %
NASDAQ WULF traded down $0.42 during trading on Friday, reaching $4.08. The company's stock had a trading volume of 47,399,271 shares, compared to its average volume of 42,491,301. TeraWulf has a twelve month low of $1.57 and a twelve month high of $9.30. The business's fifty day moving average price is $5.67 and its 200-day moving average price is $5.55.
Wall Street Analyst Weigh In
Several research firms have issued reports on WULF. Rosenblatt Securities reiterated a "buy" rating and set a $10.00 target price on shares of TeraWulf in a research report on Monday, January 13th. Stifel Canada cut shares of TeraWulf from a "strong-buy" rating to a "moderate buy" rating in a report on Tuesday, October 29th. Northland Securities reissued an "outperform" rating and set a $10.00 price target on shares of TeraWulf in a research note on Tuesday, December 24th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $11.00 price objective on shares of TeraWulf in a research note on Monday, January 6th. Finally, B. Riley increased their price target on shares of TeraWulf from $8.00 to $10.00 and gave the company a "buy" rating in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $8.64.
View Our Latest Analysis on WULF
About TeraWulf
(
Get Free Report)
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.
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