B. Riley Has Positive Outlook for TeraWulf FY2026 Earnings

TeraWulf Inc. (NASDAQ:WULF) – B. Riley raised their FY2026 earnings per share (EPS) estimates for TeraWulf in a note issued to investors on Wednesday, February 12th. B. Riley analyst N. Giles now forecasts that the company will post earnings per share of $0.10 for the year, up from their prior forecast of $0.08. B. Riley has a “Buy” rating and a $10.00 price objective on the stock. The consensus estimate for TeraWulf’s current full-year earnings is ($0.16) per share.

Several other research firms have also recently weighed in on WULF. Needham & Company LLC reaffirmed a “buy” rating and set a $9.50 target price on shares of TeraWulf in a research note on Monday, January 13th. Atb Cap Markets upgraded TeraWulf to a “strong-buy” rating in a research report on Sunday, January 5th. Northland Securities restated an “outperform” rating and set a $10.00 price objective on shares of TeraWulf in a research report on Tuesday, December 24th. Keefe, Bruyette & Woods started coverage on TeraWulf in a research note on Wednesday, January 8th. They issued a “market perform” rating for the company. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $11.00 price target on shares of TeraWulf in a report on Monday, January 6th. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, TeraWulf currently has a consensus rating of “Buy” and a consensus target price of $8.64.

TeraWulf Price Performance

Shares of WULF opened at $4.71 on Thursday. TeraWulf has a 12-month low of $1.57 and a 12-month high of $9.30. The business’s 50 day moving average is $5.99 and its 200 day moving average is $5.53.

Institutional Investors Weigh In On TeraWulf

A number of institutional investors and hedge funds have recently bought and sold shares of the company. FMR LLC lifted its stake in TeraWulf by 22.0% in the third quarter. FMR LLC now owns 7,803 shares of the company’s stock worth $37,000 after acquiring an additional 1,408 shares during the period. Chesapeake Capital Corp IL boosted its position in TeraWulf by 6.6% during the third quarter. Chesapeake Capital Corp IL now owns 27,500 shares of the company’s stock valued at $136,000 after purchasing an additional 1,700 shares in the last quarter. ARS Investment Partners LLC increased its position in TeraWulf by 20.0% during the 4th quarter. ARS Investment Partners LLC now owns 12,000 shares of the company’s stock valued at $68,000 after buying an additional 2,000 shares in the last quarter. Truist Financial Corp boosted its stake in TeraWulf by 5.0% in the 4th quarter. Truist Financial Corp now owns 52,500 shares of the company’s stock worth $297,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Xponance Inc. grew its holdings in shares of TeraWulf by 22.7% during the fourth quarter. Xponance Inc. now owns 19,156 shares of the company’s stock valued at $108,000 after buying an additional 3,545 shares during the last quarter. 62.49% of the stock is owned by institutional investors.

TeraWulf Company Profile

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.