Equities Analysts Issue Forecasts for TeraWulf Inc.’s FY2025 Earnings (NASDAQ:WULF)

TeraWulf Inc. (NASDAQ:WULF) – Equities research analysts at B. Riley increased their FY2025 earnings per share (EPS) estimates for TeraWulf in a research report issued to clients and investors on Friday, October 11th. B. Riley analyst L. Pipes now forecasts that the company will earn $0.08 per share for the year, up from their prior forecast of $0.06. B. Riley currently has a “Buy” rating and a $6.00 target price 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.

Several other equities analysts also recently weighed in on the company. Rosenblatt Securities reaffirmed a “buy” rating and issued a $5.00 target price on shares of TeraWulf in a research report on Tuesday, October 8th. Needham & Company LLC began coverage on TeraWulf in a research report on Wednesday, September 4th. They set a “buy” rating and a $6.00 price objective for the company. Roth Mkm reissued a “buy” rating and issued a $6.50 price target on shares of TeraWulf in a research report on Monday, July 8th. Stifel Canada upgraded TeraWulf from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, October 4th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $10.00 target price on shares of TeraWulf in a research note on Thursday, October 3rd. Seven analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $5.71.

TeraWulf Price Performance

TeraWulf stock opened at $4.49 on Monday. The company’s 50 day simple moving average is $4.25 and its 200-day simple moving average is $3.67. TeraWulf has a 1 year low of $0.89 and a 1 year high of $6.51.

TeraWulf (NASDAQ:WULF) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $35.57 million during the quarter, compared to analysts’ expectations of $35.73 million. TeraWulf had a negative return on equity of 19.77% and a negative net margin of 41.67%.

Institutional Investors Weigh In On TeraWulf

Several institutional investors have recently made changes to their positions in WULF. Miracle Mile Advisors LLC acquired a new stake in shares of TeraWulf in the first quarter valued at about $29,000. Amalgamated Bank lifted its position in shares of TeraWulf by 57.7% during the 2nd quarter. Amalgamated Bank now owns 7,963 shares of the company’s stock valued at $35,000 after acquiring an additional 2,912 shares during the period. ARS Investment Partners LLC purchased a new stake in shares of TeraWulf during the 2nd quarter worth approximately $44,000. Pekin Hardy Strauss Inc. purchased a new stake in shares of TeraWulf during the 2nd quarter worth approximately $44,000. Finally, Creative Planning acquired a new stake in shares of TeraWulf in the 3rd quarter worth approximately $54,000. 62.49% of the stock is currently owned by hedge funds and other 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.