Roth Capital Issues Positive Outlook for TeraWulf Earnings

TeraWulf Inc. (NASDAQ:WULF) – Analysts at Roth Capital raised their Q3 2025 EPS estimates for TeraWulf in a research report issued to clients and investors on Thursday, August 21st. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings of ($0.04) per share for the quarter, up from their previous forecast of ($0.05). Roth Capital currently has a “Buy” rating and a $12.50 price objective on the stock. The consensus estimate for TeraWulf’s current full-year earnings is ($0.17) per share. Roth Capital also issued estimates for TeraWulf’s Q4 2025 earnings at ($0.03) EPS, FY2025 earnings at ($0.27) EPS, Q1 2026 earnings at ($0.04) EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at ($0.05) EPS and FY2027 earnings at $0.82 EPS.

TeraWulf (NASDAQ:WULF) last released its quarterly earnings results on Friday, August 8th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.01). TeraWulf had a negative net margin of 91.42% and a negative return on equity of 54.98%. The business had revenue of $47.64 million during the quarter, compared to analyst estimates of $46.30 million. During the same quarter last year, the company posted ($0.03) earnings per share. The company’s revenue was up 33.9% on a year-over-year basis.

Several other research firms also recently commented on WULF. Citizens Jmp upgraded shares of TeraWulf to a “strong-buy” rating and set a $7.00 price target on the stock in a research note on Thursday, May 22nd. B. Riley upped their price target on shares of TeraWulf from $8.00 to $14.00 and gave the company a “buy” rating in a research note on Monday, August 18th. Rosenblatt Securities upped their price target on shares of TeraWulf from $10.50 to $12.00 and gave the company a “buy” rating in a research note on Friday. Cantor Fitzgerald upped their price target on shares of TeraWulf from $11.00 to $14.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Finally, Northland Securities set a $12.00 price target on shares of TeraWulf in a research note on Thursday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, TeraWulf presently has a consensus rating of “Buy” and a consensus price target of $10.89.

TeraWulf Trading Down 0.3%

WULF stock opened at $9.16 on Monday. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.66 and a current ratio of 0.66. The company’s 50-day simple moving average is $5.40 and its 200 day simple moving average is $4.14. TeraWulf has a 52 week low of $2.06 and a 52 week high of $10.71. The company has a market capitalization of $3.59 billion, a PE ratio of -26.17 and a beta of 3.17.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC raised its holdings in TeraWulf by 135.6% in the 2nd quarter. Nisa Investment Advisors LLC now owns 6,575 shares of the company’s stock valued at $29,000 after buying an additional 3,784 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in TeraWulf by 265.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 6,609 shares of the company’s stock valued at $29,000 after purchasing an additional 4,800 shares during the period. Advisors Asset Management Inc. increased its position in TeraWulf by 68.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 6,767 shares of the company’s stock valued at $30,000 after purchasing an additional 2,748 shares during the period. CoreCap Advisors LLC increased its position in TeraWulf by 67.9% during the 4th quarter. CoreCap Advisors LLC now owns 7,554 shares of the company’s stock valued at $43,000 after purchasing an additional 3,054 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new stake in TeraWulf during the 2nd quarter valued at approximately $41,000. Institutional investors own 62.49% of the company’s stock.

Insider Activity at TeraWulf

In other news, Director Amanda Fabiano sold 4,600 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $8.64, for a total value of $39,744.00. Following the completion of the transaction, the director owned 40,769 shares of the company’s stock, valued at approximately $352,244.16. This represents a 10.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 16.48% 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.