TeraWulf (NASDAQ:WULF) Stock Price Target Lowered at Jefferies Financial Group

Posted by Francis Steltz on Nov 10th, 2026

TeraWulf (NASDAQ:WULF – Get Free Report) had its price target lowered by investment analysts at Jefferies Financial Group from $15.00 to $14.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group‘s target price suggests a potential upside of 11.46% from the company’s current price.

Several other equities research analysts have also recently weighed in on WULF. Morgan Stanley cut their price objective on shares of TeraWulf from $65.00 to $47.00 and set an “overweight” rating for the company in a research report on Tuesday. Sanford C. Bernstein decreased their target price on shares of TeraWulf from $36.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, November 4th. Cantor Fitzgerald dropped their target price on shares of TeraWulf from $37.00 to $30.00 and set an “overweight” rating for the company in a research report on Friday, October 16th. UBS Group began coverage on shares of TeraWulf in a report on Wednesday, September 23rd. They set a “buy” rating and a $24.00 price target for the company. Finally, William Blair initiated coverage on shares of TeraWulf in a research report on Friday, August 28th. They set an “outperform” rating on the stock. Three analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $27.18.

Check Out Our Latest Stock Report on WULF

TeraWulf Price Performance

Shares of NASDAQ:WULF traded up $0.18 during trading on Tuesday, reaching $12.56. 44,536,508 shares of the company traded hands, compared to its average volume of 33,494,527. The company’s 50 day moving average is $14.15 and its two-hundred day moving average is $17.94. The firm has a market capitalization of $6.27 billion, a PE ratio of -3.84 and a beta of 4.00. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 27.25. TeraWulf has a 52 week low of $9.51 and a 52 week high of $29.84.

TeraWulf (NASDAQ:WULF – Get Free Report) last released its earnings results on Friday, November 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.15. TeraWulf had a negative return on equity of 458.62% and a negative net margin of 1,179.94%. The company had revenue of $76.23 million for the quarter, compared to analyst estimates of $62.49 million. During the same period in the prior year, the firm posted ($1.13) EPS. TeraWulf’s quarterly revenue was up 50.7% on a year-over-year basis. As a group, sell-side analysts predict that TeraWulf will post -1.09 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Walter Carter sold 130,626 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $15.14, for a total value of $1,977,677.64. Following the sale, the director directly owned 229,090 shares of the company’s stock, valued at $3,468,422.60. This trade represents a 36.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Michael Bucella acquired 6,085 shares of TeraWulf stock in a transaction that occurred on Tuesday, September 15th. The stock was acquired at an average cost of $14.79 per share, for a total transaction of $89,997.15. Following the completion of the purchase, the director directly owned 350,789 shares of the company’s stock, valued at $5,188,169.31. This represents a 1.77% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 11,968 shares of company stock worth $189,962 in the last ninety days. 15.90% of the stock is owned by insiders.

Institutional Investors Weigh In On TeraWulf

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of TeraWulf during the 2nd quarter valued at approximately $577,805,000. Bank of America Corp DE lifted its stake in TeraWulf by 9.2% in the 1st quarter. Bank of America Corp DE now owns 5,777,458 shares of the company’s stock valued at $83,369,000 after purchasing an additional 488,184 shares during the last quarter. Jennison Associates LLC bought a new position in TeraWulf in the 1st quarter valued at approximately $53,418,000. Engle Capital Management L.P. lifted its stake in TeraWulf by 574.3% in the 1st quarter. Engle Capital Management L.P. now owns 2,950,100 shares of the company’s stock valued at $42,570,000 after purchasing an additional 2,512,600 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in TeraWulf by 325.9% in the third quarter. Assenagon Asset Management S.A. now owns 2,845,156 shares of the company’s stock valued at $42,108,000 after buying an additional 2,177,134 shares in the last quarter. 62.49% of the stock is currently owned by institutional investors and hedge funds.

TeraWulf News Roundup

Here are the key news stories impacting TeraWulf this week:

Positive Sentiment: TeraWulf says it is targeting $700 million in annualized lease revenue by Q1 2027, supported by AI infrastructure expansion and Google’s credit support. Its stated funding discipline may also help address investor concerns about financing growth. Article: WULF Q3 Earnings Call Highlights AI Expansion and Funding Plans
Neutral Sentiment: Core Scientific and TeraWulf reported a combined $1.89 billion in Q3 profit, but the figure was driven by revaluation gains, making it less indicative of recurring operating performance. Article: Core Scientific and TeraWulf Report Combined Q3 Profit
Negative Sentiment: Morgan Stanley lowered its WULF price target to $47 from $65, while Wells Fargo cut its target to $22 from $30. Both firms retained Overweight ratings, but the reductions signal lower expectations. Read More. · Read More.
Negative Sentiment: Earlier cuts add to the pressure: Rosenblatt reduced its target to $20 from $30 and Needham to $25 from $33, though both kept Buy ratings. Read More. · Read More.
Negative Sentiment: TeraWulf is suing Lansing over records requests as a proposed data-center ban advances, adding regulatory and project uncertainty. Article: TeraWulf Takes Lansing to Court

About TeraWulf

(Get Free Report)

TeraWulf, Inc. develops and operates digital infrastructure, including facilities for Bitcoin mining and high-performance computing (HPC). The company focuses on locating its operations near sources of low-carbon energy and offers data center capacity designed for energy-intensive computing. Its Lake Mariner facility in New York is a key site for its mining and data center activities. TeraWulf has also operated in Pennsylvania through the Nautilus Cryptomine facility, reflecting its history of developing energy-intensive operations in the northeastern United States.