B. Riley Forecasts TeraWulf's FY2026 Earnings (NASDAQ:WULF)

TeraWulf Inc. (NASDAQ:WULF - Free Report) - Equities researchers at B. Riley raised their FY2026 earnings per share (EPS) estimates for TeraWulf in a research note issued to investors on Wednesday, February 12th. B. Riley analyst N. Giles now forecasts that the company will earn $0.10 per share for the year, up from their previous forecast of $0.08. B. Riley has a "Buy" rating and a $10.00 price target on the stock. The consensus estimate for TeraWulf's current full-year earnings is ($0.16) per share.

Several other research firms have also recently weighed in on WULF. Rosenblatt Securities restated a "buy" rating and set a $10.00 target price on shares of TeraWulf in a research note on Monday, January 13th. Northland Securities restated an "outperform" rating and set a $10.00 price objective on shares of TeraWulf in a research report on Tuesday, December 24th. Needham & Company LLC restated a "buy" rating and issued a $9.50 target price on shares of TeraWulf in a report on Monday, January 13th. Atb Cap Markets raised shares of TeraWulf to a "strong-buy" rating in a research report on Sunday, January 5th. Finally, Keefe, Bruyette & Woods began coverage on shares of TeraWulf in a research report on Wednesday, January 8th. They issued a "market perform" rating for the company. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $8.64.

TeraWulf Trading Down 0.4 %

Shares of NASDAQ:WULF traded down $0.02 on Thursday, hitting $4.87. 28,203,579 shares of the company's stock were exchanged, compared to its average volume of 47,135,196. TeraWulf has a 1-year low of $1.57 and a 1-year high of $9.30. The firm's 50-day moving average is $5.87 and its 200 day moving average is $5.55.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of WULF. Rosenberg Matthew Hamilton purchased a new position in shares of TeraWulf during the fourth quarter worth about $32,000. CoreCap Advisors LLC lifted its position in TeraWulf by 67.9% during the 4th quarter. CoreCap Advisors LLC now owns 7,554 shares of the company's stock worth $43,000 after acquiring an additional 3,054 shares during the period. FMR LLC grew its stake in shares of TeraWulf by 22.0% in the 3rd quarter. FMR LLC now owns 7,803 shares of the company's stock valued at $37,000 after purchasing an additional 1,408 shares during the last quarter. KBC Group NV purchased a new stake in shares of TeraWulf during the third quarter worth approximately $39,000. Finally, Hodges Capital Management Inc. acquired a new stake in shares of TeraWulf during the third quarter worth $47,000. 62.49% of the stock is currently owned by institutional investors and hedge funds.

About TeraWulf

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.