Northland Securities Predicts TeraWulf Q2 Earnings

TeraWulf Inc. (NASDAQ:WULF) – Northland Securities issued their Q2 2026 earnings estimates for shares of TeraWulf in a note issued to investors on Friday, February 27th. Northland Securities analyst M. Grondahl forecasts that the company will earn ($0.31) per share for the quarter. The consensus estimate for TeraWulf’s current full-year earnings is ($0.17) per share. Northland Securities also issued estimates for TeraWulf’s Q4 2026 earnings at ($0.23) EPS.

A number of other brokerages have also recently commented on WULF. Keefe, Bruyette & Woods raised TeraWulf from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $9.50 to $24.00 in a research note on Wednesday, December 31st. Cantor Fitzgerald increased their target price on TeraWulf from $18.00 to $24.00 and gave the stock an “overweight” rating in a report on Friday. B. Riley Financial upped their price objective on shares of TeraWulf from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Rosenblatt Securities raised their price objective on shares of TeraWulf from $20.00 to $23.00 and gave the company a “buy” rating in a research note on Friday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of TeraWulf in a research report on Monday, December 29th. Twelve research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $20.69.

TeraWulf Stock Performance

Shares of TeraWulf stock opened at $16.22 on Monday. The business has a 50-day simple moving average of $14.15 and a 200 day simple moving average of $12.94. TeraWulf has a one year low of $2.06 and a one year high of $18.51. The company has a debt-to-equity ratio of 4.45, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $6.79 billion, a price-to-earnings ratio of -9.95 and a beta of 3.66.

Hedge Funds Weigh In On TeraWulf

A number of hedge funds and other institutional investors have recently made changes to their positions in WULF. Nisa Investment Advisors LLC increased its holdings in TeraWulf by 135.6% during the second quarter. Nisa Investment Advisors LLC now owns 6,575 shares of the company’s stock worth $29,000 after buying an additional 3,784 shares during the last quarter. Steward Partners Investment Advisory LLC boosted 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 last quarter. Advisory Services Network LLC bought a new position in shares of TeraWulf during the 3rd quarter valued at approximately $29,000. Advisors Asset Management Inc. increased its stake in shares of TeraWulf by 68.4% during the 2nd 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 last quarter. Finally, Vermillion Wealth Management Inc. increased its stake 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. 62.49% of the stock is owned by hedge funds and other institutional investors.

Key TeraWulf News

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: Analysts raised targets and reiterated bullish ratings — Rosenblatt raised its target to $23 with a “buy” rating, implying meaningful upside, and Cantor Fitzgerald raised its target to $24 with an “overweight” rating. These upgrades signal continued analyst confidence in the company’s pivot to HPC. Benzinga
• Positive Sentiment: Management has secured very large long‑term HPC leases (reported as $12.8B), providing a visible revenue backlog to support the AI/data‑center pivot. This contract visibility is a major potential revenue driver if execution continues. Zacks
• Positive Sentiment: Underlying HPC economics look strong — analysts highlighted ~77% HPC segment margins and valuation upside versus peers (CoreWeave), suggesting TeraWulf could materially re‑rate if growth and margin execution hold. Seeking Alpha
• Neutral Sentiment: Company scheduled a lender construction update call for its WULF Compute subsidiary, which will provide more detail on build timing and financing — useful for assessing execution risk but not an immediate earnings driver. GlobeNewswire
• Neutral Sentiment: Market writeups and earnings‑call highlights summarize the strategic AI/data‑center pivot — helpful context for longer‑term investors but do not change near‑term cash flow. Investing.com
• Negative Sentiment: Q4 results disappointed: EPS missed materially (company reported a larger loss than expected) and revenue came in below consensus — the headline miss triggered negative near‑term sentiment and selling pressure. Zacks
• Negative Sentiment: Reported results were distorted by a large non‑cash warrant revaluation (~$429.8M), which widened the reported loss — this reduces reported earnings clarity and drove short‑term headline risk even if cash operations look better. Seeking Alpha
• Negative Sentiment: Multiple outlets flagged the company “missed big” on Q4 and the stock reacted to the combination of misses, high leverage metrics, and execution risk during the transition away from legacy Bitcoin mining. 247WallStreet

TeraWulf Company Profile

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.