TeraWulf (NASDAQ:WULF – Free Report) had its target price raised by Cantor Fitzgerald from $24.00 to $30.00 in a research report released on Thursday morning,Benzinga reports. They currently have an overweight rating on the stock.
Several other equities research analysts have also commented on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $23.00 price target on shares of TeraWulf in a report on Thursday, March 19th. Keefe, Bruyette & Woods lowered their price target on shares of TeraWulf from $24.00 to $23.00 and set an “outperform” rating on the stock in a report on Wednesday, March 11th. Arete Research started coverage on shares of TeraWulf in a research note on Monday, March 23rd. They set a “buy” rating and a $30.00 target price on the stock. Morgan Stanley started coverage on shares of TeraWulf in a research note on Monday, February 9th. They set an “overweight” rating and a $37.00 target price on the stock. Finally, Needham & Company LLC reissued a “buy” rating and set a $21.00 target price on shares of TeraWulf in a research note on Tuesday, February 3rd. Twelve research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, TeraWulf has an average rating of “Moderate Buy” and a consensus price target of $23.08.
View Our Latest Stock Analysis on WULF
TeraWulf Price Performance
Insider Buying and Selling
In related news, CEO Paul B. Prager sold 137,500 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $16.10, for a total transaction of $2,213,750.00. Following the completion of the transaction, the chief executive officer owned 354,200 shares in the company, valued at $5,702,620. This represents a 27.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Patrick Fleury sold 573,586 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $16.14, for a total transaction of $9,257,678.04. Following the transaction, the chief financial officer owned 3,205,000 shares of the company’s stock, valued at approximately $51,728,700. This trade represents a 15.18% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders purchased 13,094 shares of company stock worth $200,392 and sold 737,500 shares worth $11,897,750. Insiders own 19.90% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of WULF. Advisory Services Network LLC acquired a new position in shares of TeraWulf during the 3rd quarter worth about $29,000. Vermillion Wealth Management Inc. raised its position in shares of TeraWulf by 1,191.0% during the 4th quarter. Vermillion Wealth Management Inc. now owns 2,595 shares of the company’s stock worth $30,000 after purchasing an additional 2,394 shares during the last quarter. Solstein Capital LLC acquired a new position in shares of TeraWulf during the 4th quarter worth about $34,000. Comerica Bank raised its position in shares of TeraWulf by 3,748.5% during the 1st quarter. Comerica Bank now owns 12,700 shares of the company’s stock worth $35,000 after purchasing an additional 12,370 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC raised its position in shares of TeraWulf by 366.2% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 3,590 shares of the company’s stock worth $41,000 after purchasing an additional 2,820 shares during the last quarter. Institutional investors and hedge funds own 62.49% of the company’s stock.
TeraWulf News Summary
Here are the key news stories impacting TeraWulf this week:
- Positive Sentiment: Cantor Fitzgerald raised its price target to $30 and kept an Overweight rating, signaling stronger upside expectations from a major sell‑side shop. Cantor Fitzgerald raises PT to $30 (Benzinga)
- Positive Sentiment: Analyst notes and coverage emphasize TeraWulf’s pivot into AI/HPC infrastructure and its growing contracted capacity (reported ~522 critical IT MW and $12.8B in long‑term contracts), which supports long‑term revenue visibility. A recent research lift and commentary on buildout momentum helped sentiment. QuiverQuant coverage of AI/HPC momentum
- Positive Sentiment: Company disclosed a 364‑day, $500M delayed‑draw senior secured bridge facility to finance its Hawesville data center project, which reduces near‑term funding uncertainty and likely reassured investors about capacity buildout. (Covered in the Quiver/analysis pieces above.)
- Positive Sentiment: Operational progress: heavy electrical equipment for the Lake Mariner data center (massive transformer) has arrived, indicating physical buildout milestones are being met. Transformer arrival at Lake Mariner (Lockport Journal)
- Neutral Sentiment: Media coverage highlights TeraWulf’s positioning in the AI infrastructure wave and a new 52‑week high, helping attract attention from momentum and thematic investors. Yahoo Finance: AI infrastructure wave
- Neutral Sentiment: Additional valuation and analyst roundups are circulating that may drive further attention but contain mixed takeaways about valuation versus growth opportunity. Valuation assessment (Yahoo Finance)
- Negative Sentiment: Insider selling activity has been notable recently (including sales by the CEO and CFO per aggregated reporting), which some investors view as a cautionary signal about near‑term insider conviction. QuiverQuant insider activity
- Negative Sentiment: Stock remains volatile (high beta) and carries leverage/financial risks investors should monitor (debt metrics and reliance on continued financings and contract deployments). Rapid option and volume spikes can amplify short‑term moves and risk.
About TeraWulf
TeraWulf, Inc (NASDAQ: WULF) is a digital asset infrastructure company focused on the development and operation of zero-carbon bitcoin mining facilities. The company integrates sustainable power generation with high-density data center technologies to deliver environmentally responsible digital asset mining services. Its core business revolves around designing, building and operating large-scale mining projects powered exclusively by renewable or emissions-free energy sources.
One of TeraWulf’s flagship projects is “Project Nautilus,” located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.
Further Reading
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