TeraWulf’s (WULF) “Buy” Rating Reiterated at Chardan Capital

Posted by Brenda Bartman on Aug 8th, 2026

Chardan Capital reiterated their buy rating on shares of TeraWulf (NASDAQ:WULF – Free Report) in a report issued on Wednesday,Benzinga reports. The firm currently has a $32.00 price objective on the stock.

WULF has been the topic of several other research reports. Zacks Research cut TeraWulf from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 9th. Citigroup initiated coverage on shares of TeraWulf in a research report on Monday, June 29th. They issued a “buy” rating and a $36.00 price target for the company. Needham & Company LLC raised their price target on shares of TeraWulf from $28.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Lucid Cap Mkts raised shares of TeraWulf to a “strong-buy” rating in a research report on Wednesday, May 27th. Finally, Bank of America initiated coverage on shares of TeraWulf in a research note on Monday, June 15th. They issued a “buy” rating and a $34.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $34.74.

View Our Latest Report on WULF

TeraWulf Price Performance

WULF opened at $17.08 on Wednesday. The firm has a market capitalization of $8.52 billion, a P/E ratio of -3.91 and a beta of 3.76. The stock has a fifty day moving average of $22.55 and a 200-day moving average of $19.45. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 33.00. TeraWulf has a 12-month low of $4.67 and a 12-month high of $29.84.

TeraWulf (NASDAQ:WULF – Get Free Report) last posted 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 business had revenue of $44.77 million for the quarter, compared to analyst estimates of $46.00 million. TeraWulf had a negative net margin of 1,179.94% and a negative return on equity of 512.60%. The firm’s quarterly revenue was down 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.05) earnings per share. Equities analysts forecast that TeraWulf will post -1.06 EPS for the current fiscal year.

Insider Transactions at TeraWulf

In other TeraWulf news, CEO Paul B. Prager sold 137,500 shares of the stock in a transaction on Monday, June 29th. The shares were sold at an average price of $26.60, for a total transaction of $3,657,500.00. Following the transaction, the chief executive officer directly owned 3,945,052 shares of the company’s stock, valued at $104,938,383.20. This represents a 3.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 institutional investors have recently modified their holdings of the company. Advisory Services Network LLC acquired a new stake in shares of TeraWulf in the third quarter valued at about $29,000. Vermillion Wealth Management Inc. grew 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 last quarter. Solstein Capital LLC acquired a new stake in TeraWulf in the 4th quarter valued at approximately $34,000. Comerica Bank increased its position in TeraWulf by 3,748.5% in the 1st quarter. Comerica Bank now owns 12,700 shares of the company’s stock worth $35,000 after buying an additional 12,370 shares during the period. Finally, CoreCap Advisors LLC increased its position in TeraWulf by 106.7% in the 2nd quarter. CoreCap Advisors LLC now owns 1,447 shares of the company’s stock worth $36,000 after buying an additional 747 shares during the period. Institutional investors own 62.49% of the company’s stock.

Key Headlines Impacting TeraWulf

Here are the key news stories impacting TeraWulf this week:

Positive Sentiment: AI expansion remains a key catalyst: TeraWulf reaffirmed its goal of contracting 250 to 500 megawatts annually, following a reported $19 billion Anthropic lease and the $530 million Abernathy sale. The developments support the company’s pivot from cryptocurrency mining toward AI infrastructure. TeraWulf reaffirms annual contracting target
Positive Sentiment: Analysts remain bullish: Rosenblatt Securities reaffirmed a “Buy” rating with a $30 price target, while Chardan Capital maintained its “Buy” rating and a $32 target. Bernstein also reportedly maintained an upside view tied to TeraWulf’s AI pivot. Rosenblatt rating update Bernstein AI pivot view
Positive Sentiment: Forecast revisions were modestly favorable: Northland Securities reduced the expected size of TeraWulf’s Q3 and Q4 2026 losses to $0.24 and $0.21 per share, respectively, from prior estimates of $0.26 and $0.23. Northland earnings estimates
Negative Sentiment: Quarterly results overshadowed the positive catalysts: TeraWulf reported a second-quarter loss of $1.94 per share, substantially worse than the $0.24 analyst consensus, while revenue of $44.77 million fell short of the $46 million estimate and declined year over year. The disappointing results pressured the stock even as Bitcoin moved toward $65,000. TeraWulf shares fall after Q2 losses

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.