TeraWulf (NASDAQ:WULF) Receives Buy Rating from Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of TeraWulf (NASDAQ:WULF) in a research note published on Tuesday morning,Benzinga reports. They currently have a $21.00 price target on the stock.

Several other research analysts have also recently weighed in on the stock. B. Riley boosted their price objective on shares of TeraWulf from $22.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Cantor Fitzgerald reissued an “overweight” rating and issued a $18.00 target price on shares of TeraWulf in a research note on Tuesday, December 23rd. Rosenblatt Securities reaffirmed a “buy” rating and set a $24.00 price target on shares of TeraWulf in a research note on Tuesday, November 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of TeraWulf in a report on Monday, December 29th. Finally, Wall Street Zen cut TeraWulf from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. 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 stock. Based on data from MarketBeat.com, TeraWulf currently has an average rating of “Moderate Buy” and an average target price of $19.15.

TeraWulf Stock Performance

TeraWulf stock opened at $14.80 on Tuesday. The stock has a 50-day simple moving average of $13.57 and a 200 day simple moving average of $11.59. The stock has a market capitalization of $6.20 billion, a price-to-earnings ratio of -10.42 and a beta of 3.69. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.45. TeraWulf has a 12-month low of $2.06 and a 12-month high of $17.05.

TeraWulf (NASDAQ:WULF) last posted its quarterly earnings data on Monday, November 10th. The company reported ($1.13) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($1.09). TeraWulf had a negative net margin of 336.53% and a negative return on equity of 69.75%. The company had revenue of $50.58 million during the quarter, compared to analyst estimates of $56.27 million. The business’s revenue was up 86.9% on a year-over-year basis. On average, research analysts anticipate that TeraWulf will post -0.17 earnings per share for the current fiscal year.

Insider Transactions at TeraWulf

In related news, Director Michael C. Bucella bought 4,178 shares of the firm’s stock in a transaction dated Thursday, November 13th. The stock was bought at an average cost of $12.01 per share, for a total transaction of $50,177.78. Following the transaction, the director owned 266,958 shares of the company’s stock, valued at $3,206,165.58. This represents a 1.59% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 19.90% of the company’s stock.

Institutional Investors Weigh In On TeraWulf

Large investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC increased its position in shares of 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 in the last quarter. Steward Partners Investment Advisory LLC grew its stake in TeraWulf by 265.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 6,609 shares of the company’s stock valued at $29,000 after acquiring an additional 4,800 shares during the period. Advisory Services Network LLC bought a new stake in shares of TeraWulf in the third quarter worth about $29,000. Advisors Asset Management Inc. raised its position in shares of TeraWulf by 68.4% during the second quarter. Advisors Asset Management Inc. now owns 6,767 shares of the company’s stock worth $30,000 after purchasing an additional 2,748 shares during the period. Finally, Comerica Bank raised its position in shares of TeraWulf by 3,748.5% during the first 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 period. Institutional investors own 62.49% of the company’s stock.

Key TeraWulf News

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: Acquisitions add ~1.5 GW and double platform to 2.8 GW — expands energy-advantaged pipeline, gives immediate power at Hawesville and generation at Morgantown, and supports the company’s target of 250–500 MW new contracted capacity annually. GlobeNewswire: TeraWulf Expands Digital and Power Infrastructure Portfolio
• Positive Sentiment: Hawesville (KY) offers immediate, scalable access to robust transmission and ~480 MW of existing availability; Morgantown (MD) brings ~210 MW online today with potential to expand near DC/PJM — both are attractive for hyperscalers and low-latency HPC customers. QuiverQuant: TeraWulf Expands Power Infrastructure
• Positive Sentiment: Needham reaffirmed a Buy and set a $21 price target, signaling analyst conviction that the expansion can drive revenue/contract growth. Benzinga: Needham Reaffirms Buy on TeraWulf
• Neutral Sentiment: CEO Paul Prager discussed the deals on CNBC’s Power Lunch, framing the transactions as a response to hyperscaler energy demand and an acceleration of the company’s AI/HPC strategy — useful color but largely management commentary. YouTube: Terawulf CEO on recent deals
• Neutral Sentiment: The Morgantown acquisition requires third‑party consents and regulatory approvals (including FERC), which could delay deployment or add contingencies to value realization. GlobeNewswire: Regulatory note on Morgantown
• Negative Sentiment: Valuation concerns: a Seeking Alpha piece warns TeraWulf may be “priced for perfection,” highlighting execution risk, customer ramp uncertainty, and lofty expectations that could amplify downside on any slowdown. Seeking Alpha: TeraWulf: Priced For Perfection
• Negative Sentiment: Financing risk: the company announced a large notes offering ($3.2B reported), which could increase leverage and refinancing risk or market concern about dilution/credit terms if used for development. MSN: TeraWulf Announces $3.2 Billion Notes Offering

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.