Roth Capital Forecasts TeraWulf’s Q1 Earnings (NASDAQ:WULF)

TeraWulf Inc. (NASDAQ:WULF) – Equities researchers at Roth Capital lifted their Q1 2025 earnings per share (EPS) estimates for shares of TeraWulf in a research report issued to clients and investors on Monday, December 16th. Roth Capital analyst D. Aftahi now expects that the company will earn $0.02 per share for the quarter, up from their prior forecast of ($0.01). The consensus estimate for TeraWulf’s current full-year earnings is ($0.17) per share. Roth Capital also issued estimates for TeraWulf’s Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.04 EPS, FY2025 earnings at $0.16 EPS and FY2026 earnings at $0.25 EPS.

Several other analysts have also recently weighed in on WULF. Needham & Company LLC lifted their price objective on TeraWulf from $6.00 to $9.50 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Cantor Fitzgerald reissued an “overweight” rating and set a $11.00 price objective on shares of TeraWulf in a research report on Wednesday, December 4th. B. Riley increased their price target on shares of TeraWulf from $8.00 to $10.00 and gave the stock a “buy” rating in a research note on Thursday. Rosenblatt Securities reissued a “buy” rating and set a $10.00 price objective on shares of TeraWulf in a research note on Thursday, December 5th. Finally, Stifel Canada lowered shares of TeraWulf from a “strong-buy” rating to a “moderate buy” rating in a report on Tuesday, October 29th. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $8.64.

TeraWulf Stock Up 1.8 %

Shares of WULF opened at $6.61 on Thursday. TeraWulf has a 1-year low of $1.24 and a 1-year high of $9.30. The firm’s 50-day moving average price is $6.95 and its 200-day moving average price is $5.28.

Hedge Funds Weigh In On TeraWulf

A number of hedge funds have recently bought and sold shares of WULF. Bank of New York Mellon Corp raised its holdings in shares of TeraWulf by 97.8% during the second quarter. Bank of New York Mellon Corp now owns 844,292 shares of the company’s stock valued at $3,757,000 after purchasing an additional 417,369 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of TeraWulf in the 2nd quarter worth $250,000. Principal Financial Group Inc. increased its position in shares of TeraWulf by 75.6% during the 2nd quarter. Principal Financial Group Inc. now owns 30,529 shares of the company’s stock valued at $136,000 after purchasing an additional 13,142 shares during the last quarter. Rhumbline Advisers raised its position in TeraWulf by 66.8% in the second quarter. Rhumbline Advisers now owns 299,545 shares of the company’s stock worth $1,333,000 after acquiring an additional 119,911 shares during the period. Finally, Arizona State Retirement System bought a new stake in shares of TeraWulf during the 2nd quarter valued at $282,000. Hedge funds and other institutional investors own 62.49% 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.