Brokerages Set TeraWulf Inc. (NASDAQ:WULF) Price Target at $34.74

Posted by Stanley Muller on Aug 16th, 2026

TeraWulf Inc. (NASDAQ:WULF – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the twenty research firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, fifteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $34.2083.

Several research firms have recently commented on WULF. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $37.00 target price on shares of TeraWulf in a research report on Wednesday, July 15th. Morgan Stanley dropped their price target on TeraWulf from $72.00 to $62.50 and set an “overweight” rating for the company in a report on Thursday. Lucid Cap Mkts upgraded TeraWulf to a “strong-buy” rating in a research note on Wednesday, May 27th. Rosenblatt Securities restated a “buy” rating and issued a $30.00 price target on shares of TeraWulf in a research note on Thursday, August 6th. Finally, Sanford C. Bernstein assumed coverage on TeraWulf in a report on Wednesday, June 3rd. They issued an “outperform” rating and a $46.00 price objective on the stock.

Get Our Latest Analysis on TeraWulf

TeraWulf Stock Up 6.6%

Shares of WULF opened at $17.38 on Tuesday. TeraWulf has a 52 week low of $8.14 and a 52 week high of $29.84. The firm has a market cap of $8.67 billion, a P/E ratio of -3.98 and a beta of 3.76. The firm’s 50-day simple moving average is $21.66 and its 200 day simple moving average is $19.56. The company has a debt-to-equity ratio of 27.25, a quick ratio of 1.20 and a current ratio of 0.75.

TeraWulf (NASDAQ:WULF – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($1.94) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($1.70). The company had revenue of $44.77 million during the quarter, compared to the consensus estimate of $46.00 million. TeraWulf had a negative net margin of 1,179.94% and a negative return on equity of 458.62%. The firm’s revenue was down 6.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.05) earnings per share. On average, analysts forecast that TeraWulf will post -0.94 earnings per share for the current year.

Insider Buying and Selling at TeraWulf

In other news, CEO Paul B. Prager sold 137,500 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $26.60, for a total value of $3,657,500.00. Following the completion of the sale, the chief executive officer owned 3,945,052 shares of the company’s stock, valued at approximately $104,938,383.20. The trade was a 3.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 15.90% of the company’s stock.

Hedge Funds Weigh In On TeraWulf

A number of hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC bought a new stake in TeraWulf in the 3rd quarter valued at about $29,000. Vermillion Wealth Management Inc. increased its holdings in shares of TeraWulf by 1,191.0% during the fourth 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 period. Solstein Capital LLC bought a new position in shares of TeraWulf during the fourth quarter worth approximately $34,000. Comerica Bank increased its holdings 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. Finally, CoreCap Advisors LLC raised its position in shares of TeraWulf by 106.7% in the second 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.

TeraWulf Company Profile

(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.