FY2025 EPS Estimates for TeraWulf Inc. Increased by Analyst (NASDAQ:WULF)

TeraWulf Inc. (NASDAQ:WULF) – Research analysts at B. Riley lifted their FY2025 EPS estimates for TeraWulf in a research note issued on Friday, October 11th. B. Riley analyst L. Pipes now anticipates that the company will post earnings of $0.08 per share for the year, up from their previous forecast of $0.06. B. Riley has a “Buy” rating and a $6.00 price objective on the stock. The consensus estimate for TeraWulf’s current full-year earnings is ($0.10) per share. B. Riley also issued estimates for TeraWulf’s FY2026 earnings at $0.22 EPS.

WULF has been the subject of a number of other reports. Rosenblatt Securities restated a “buy” rating and set a $5.00 price objective on shares of TeraWulf in a research report on Tuesday, October 8th. Roth Capital raised TeraWulf to a “strong-buy” rating in a research report on Tuesday, July 2nd. Needham & Company LLC assumed coverage on TeraWulf in a research report on Wednesday, September 4th. They issued a “buy” rating and a $6.00 price objective on the stock. Cantor Fitzgerald reissued an “overweight” rating and issued a $10.00 price objective on shares of TeraWulf in a research report on Thursday, October 3rd. Finally, Stifel Canada raised TeraWulf from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, October 4th. Seven equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $5.71.

TeraWulf Price Performance

Shares of WULF stock opened at $4.21 on Monday. TeraWulf has a 1-year low of $0.89 and a 1-year high of $6.51. The stock has a 50-day moving average of $4.24 and a 200-day moving average of $3.66.

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

Institutional Trading of TeraWulf

Hedge funds have recently made changes to their positions in the company. Amalgamated Bank raised its stake in shares of TeraWulf by 57.7% in the second quarter. Amalgamated Bank now owns 7,963 shares of the company’s stock valued at $35,000 after buying an additional 2,912 shares during the period. ARS Investment Partners LLC bought a new stake in shares of TeraWulf during the 2nd quarter valued at $44,000. Pekin Hardy Strauss Inc. bought a new stake in shares of TeraWulf during the 2nd quarter valued at $44,000. Miracle Mile Advisors LLC bought a new stake in shares of TeraWulf during the 1st quarter valued at $29,000. Finally, Creative Planning bought a new stake in shares of TeraWulf during the 3rd quarter valued at $54,000. 62.49% of the stock is currently owned by institutional investors.

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.