TeraWulf (NASDAQ:WULF) Upgraded by Chardan Capital to Strong-Buy Rating

Posted by George Bondi on Jul 29th, 2026

Chardan Capital upgraded shares of TeraWulf (NASDAQ:WULF – Free Report) to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

Other analysts have also recently issued reports about the company. Citigroup assumed coverage on TeraWulf in a report on Monday, June 29th. They set a “buy” rating and a $36.00 price target for the company. Morgan Stanley upped their price objective on TeraWulf from $66.50 to $72.00 and gave the company an “overweight” rating in a report on Wednesday, July 8th. Northland Securities set a $30.00 price objective on TeraWulf in a research report on Monday, May 4th. Cantor Fitzgerald reissued an “overweight” rating and set a $37.00 target price on shares of TeraWulf in a report on Wednesday, July 15th. Finally, Oppenheimer reissued an “outperform” rating and issued a $35.00 target price on shares of TeraWulf in a research report on Wednesday, May 27th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, TeraWulf currently has an average rating of “Moderate Buy” and a consensus price target of $34.29.

View Our Latest Research Report on WULF

TeraWulf Trading Down 4.9%

Shares of WULF stock opened at $17.09 on Monday. The firm has a 50 day moving average price of $23.61 and a two-hundred day moving average price of $19.27. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 33.00. The company has a market capitalization of $8.47 billion, a PE ratio of -6.89 and a beta of 3.73. TeraWulf has a 12-month low of $4.64 and a 12-month high of $29.84.

TeraWulf (NASDAQ:WULF – Get Free Report) last issued its quarterly earnings data on Friday, May 8th. The company reported ($1.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.82). TeraWulf had a negative return on equity of 305.07% and a negative net margin of 611.46%.The firm had revenue of $34.01 million for the quarter, compared to the consensus estimate of $34.69 million. During the same quarter in the prior year, the firm earned ($0.16) EPS. The company’s revenue was down 1.1% on a year-over-year basis. As a group, analysts predict that TeraWulf will post -1.09 earnings per share for the current year.

Insider Transactions at TeraWulf

In other TeraWulf news, CEO Paul B. Prager sold 137,500 shares of the firm’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $26.60, for a total transaction of $3,657,500.00. Following the transaction, the chief executive officer owned 3,945,052 shares in the company, valued at $104,938,383.20. This trade represents a 3.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 15.90% of the stock is owned by corporate insiders.

Institutional Trading of TeraWulf

Large investors have recently modified their holdings of the stock. Advisory Services Network LLC bought a new stake in TeraWulf during the third quarter worth about $29,000. Vermillion Wealth Management Inc. increased its holdings in TeraWulf by 1,191.0% in the 4th quarter. Vermillion Wealth Management Inc. now owns 2,595 shares of the company’s stock valued at $30,000 after buying an additional 2,394 shares during the period. Solstein Capital LLC bought a new position in TeraWulf in the 4th quarter valued at about $34,000. Comerica Bank raised its position in shares of TeraWulf by 3,748.5% in the 1st quarter. Comerica Bank now owns 12,700 shares of the company’s stock valued at $35,000 after buying an additional 12,370 shares in the last quarter. Finally, CoreCap Advisors LLC raised its position in shares of TeraWulf by 106.7% in the 2nd quarter. CoreCap Advisors LLC now owns 1,447 shares of the company’s stock valued at $36,000 after buying an additional 747 shares in the last quarter. 62.49% of the stock is owned by institutional investors and hedge funds.

About TeraWulf

(Get Free Report)

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.