TeraWulf (WULF) Set to Announce Earnings on Monday

TeraWulf (NASDAQ:WULF) will be issuing its quarterly earnings data after the market closes on Monday, May 13th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

TeraWulf Price Performance

Shares of NASDAQ WULF opened at $2.40 on Monday. The business has a 50 day simple moving average of $2.18 and a 200 day simple moving average of $1.84. TeraWulf has a 52 week low of $0.89 and a 52 week high of $4.04.

Analysts Set New Price Targets

Several analysts have commented on the stock. Compass Point decreased their target price on shares of TeraWulf from $4.50 to $3.50 and set a “buy” rating for the company in a research report on Thursday, March 21st. Rosenblatt Securities began coverage on shares of TeraWulf in a report on Tuesday, April 9th. They issued a “buy” rating and a $4.20 price objective for the company. Cantor Fitzgerald restated an “overweight” rating and set a $4.00 target price on shares of TeraWulf in a report on Thursday, March 28th. Finally, B. Riley decreased their price target on TeraWulf from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Friday, April 5th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, TeraWulf has a consensus rating of “Buy” and a consensus price target of $3.66.

About TeraWulf

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.