Keefe, Bruyette & Woods Cuts TeraWulf (NASDAQ:WULF) Price Target to $30.00

TeraWulf (NASDAQ:WULF) had its price objective cut by Keefe, Bruyette & Woods from $33.00 to $30.00 in a report released on Tuesday,Benzinga reports. They currently have an outperform rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Cantor Fitzgerald restated an “overweight” rating and issued a $37.00 price target on shares of TeraWulf in a research note on Wednesday, July 15th. Chardan Capital assumed coverage on shares of TeraWulf in a research report on Monday. They issued a “buy” rating and a $32.00 price objective on the stock. Jefferies Financial Group began coverage on shares of TeraWulf in a research note on Thursday, May 14th. They set a “buy” rating and a $28.00 target price for the company. Oppenheimer reaffirmed an “outperform” rating and set a $35.00 target price on shares of TeraWulf in a report on Wednesday, May 27th. Finally, Needham & Company LLC upped their price target on shares of TeraWulf from $28.00 to $33.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, TeraWulf presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.29.

TeraWulf Stock Up 18.1%

Shares of WULF stock opened at $17.82 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 33.00. TeraWulf has a 1 year low of $4.64 and a 1 year high of $29.84. The firm’s fifty day moving average price is $23.38 and its two-hundred day moving average price is $19.31. The firm has a market capitalization of $8.83 billion, a P/E ratio of -7.19 and a beta of 3.73.

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

Insider Activity

In other news, CEO Paul B. Prager sold 166,650 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $24.43, for a total transaction of $4,071,259.50. Following the transaction, the chief executive officer directly owned 4,249,202 shares of the company’s stock, valued at approximately $103,808,004.86. This trade represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 15.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TeraWulf

Several institutional investors have recently made changes to their positions in WULF. CoreCap Advisors LLC increased its stake in TeraWulf by 106.7% during the 2nd quarter. CoreCap Advisors LLC now owns 1,447 shares of the company’s stock worth $36,000 after acquiring an additional 747 shares during the period. Advisory Services Network LLC bought a new stake in shares of TeraWulf during the 3rd quarter valued at $29,000. First United Bank & Trust bought a new stake in shares of TeraWulf during the 1st quarter valued at $37,000. Vermillion Wealth Management Inc. lifted its position in shares of TeraWulf by 1,191.0% during the 4th quarter. Vermillion Wealth Management Inc. now owns 2,595 shares of the company’s stock valued at $30,000 after acquiring an additional 2,394 shares during the period. Finally, Solstein Capital LLC acquired a new stake in shares of TeraWulf during the 4th quarter worth $34,000. 62.49% of the stock is currently owned by institutional investors.

Key Headlines Impacting TeraWulf

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: The Federal Energy Regulatory Commission approved TeraWulf’s subsidiary purchase of Morgantown Power, a former Maryland power plant. The acquisition is expected to provide power capacity for a planned AI campus and removes an important regulatory hurdle for the company’s data-center pivot. FERC approves TeraWulf purchase of former Maryland power plant for AI campus
• Positive Sentiment: The approval drove a sharp intraday rally in WULF, with trading volume above its recent average, as investors focused on the potential value of its power assets and AI data-center development pipeline. Why Is TeraWulf Stock Surging on Thursday?
• Positive Sentiment: Chardan Capital initiated coverage with a Buy rating and a $32 price target, implying substantial upside based on expectations for TeraWulf’s AI-infrastructure opportunity. Chardan Capital coverage of TeraWulf
• Neutral Sentiment: TeraWulf’s rally is part of a broader rebound in Bitcoin-miner companies repositioning themselves as AI and high-performance-computing infrastructure providers. The sector trend may support sentiment, but it also leaves the stock exposed to shifts in investor appetite for speculative data-center names. TeraWulf and Cipher Digital are up 50% in 2026
• Negative Sentiment: Analysts cautioned that WULF looks expensive relative to sales, while Keefe, Bruyette & Woods issued a pessimistic forecast. These concerns highlight the gap between the stock’s growth expectations and its current financial performance. TeraWulf Stock Looks Strong On Returns But Rich On Sales
• Negative Sentiment: Ahead of the upcoming quarterly report, Zacks expects earnings to decline and sees limited indicators for a likely earnings beat. TeraWulf’s previous quarter included a significant EPS miss and sharply negative margins, keeping execution and financing risks in focus. Earnings Preview: TeraWulf Q2 Earnings Expected to Decline

TeraWulf Company Profile

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.