B. Riley Comments on TeraWulf Inc.’s FY2026 Earnings (NASDAQ:WULF)

TeraWulf Inc. (NASDAQ:WULF) – Research analysts at B. Riley lifted their FY2026 earnings per share (EPS) estimates for TeraWulf in a report released on Thursday, June 27th. B. Riley analyst L. Pipes now expects that the company will post earnings of $0.13 per share for the year, up from their prior estimate of $0.09. 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 ($0.09) per share.

A number of other analysts also recently commented on the company. Compass Point decreased their target price on TeraWulf from $4.50 to $3.50 and set a “buy” rating on the stock in a research report on Thursday, March 21st. Cantor Fitzgerald upped their price objective on TeraWulf from $7.00 to $9.00 and gave the company an “overweight” rating in a research report on Wednesday, June 26th. Finally, Rosenblatt Securities initiated coverage on TeraWulf in a research report on Tuesday, April 9th. They issued a “buy” rating and a $4.20 price objective on the stock. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, TeraWulf presently has an average rating of “Buy” and a consensus price target of $4.99.

TeraWulf Trading Up 17.1 %

WULF opened at $5.21 on Monday. The business’s fifty day moving average is $2.93 and its two-hundred day moving average is $2.36. TeraWulf has a one year low of $0.89 and a one year high of $5.22.

TeraWulf (NASDAQ:WULF) last posted its earnings results on Monday, May 13th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.07). The firm had revenue of $42.43 million for the quarter, compared to analysts’ expectations of $41.86 million. TeraWulf had a negative return on equity of 30.00% and a negative net margin of 56.70%.

Hedge Funds Weigh In On TeraWulf

Large investors have recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. lifted its position in TeraWulf by 126.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,457,169 shares of the company’s stock worth $5,897,000 after buying an additional 1,372,195 shares during the period. Quadrature Capital Ltd acquired a new stake in TeraWulf during the third quarter worth about $144,000. Swiss National Bank acquired a new stake in TeraWulf during the third quarter worth about $294,000. Axxcess Wealth Management LLC increased its stake in TeraWulf by 356.2% during the third quarter. Axxcess Wealth Management LLC now owns 1,000,000 shares of the company’s stock worth $1,260,000 after acquiring an additional 780,786 shares during the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in TeraWulf during the fourth quarter worth about $27,000. 62.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Treasurer Kenneth J. Deane sold 69,996 shares of the stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $3.25, for a total transaction of $227,487.00. Following the transaction, the treasurer now directly owns 337,245 shares in the company, valued at $1,096,046.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 24.88% of the company’s stock.

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.