TeraWulf’s (WULF) “Buy” Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of TeraWulf (NASDAQ:WULF) in a research note released on Thursday morning,Benzinga reports. They currently have a $23.00 price target on the stock.

Several other equities research analysts have also commented on the stock. Morgan Stanley started coverage on shares of TeraWulf in a research note on Monday, February 9th. They issued an “overweight” rating and a $37.00 price target on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of TeraWulf in a report on Monday, December 29th. Needham & Company LLC restated a “buy” rating and issued a $21.00 target price on shares of TeraWulf in a research report on Tuesday, February 3rd. Keefe, Bruyette & Woods reduced their price target on TeraWulf from $24.00 to $23.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th. Finally, Cantor Fitzgerald increased their price target on TeraWulf from $18.00 to $24.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Twelve research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.62.

TeraWulf Stock Down 4.1%

WULF stock opened at $15.10 on Thursday. The stock has a market cap of $6.40 billion, a PE ratio of -9.26 and a beta of 3.67. The firm’s 50-day simple moving average is $14.99 and its 200 day simple moving average is $13.54. TeraWulf has a fifty-two week low of $2.06 and a fifty-two week high of $18.51. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 33.00.

Insider Activity at TeraWulf

In other TeraWulf news, CFO Patrick Fleury sold 573,586 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $16.14, for a total value of $9,257,678.04. Following the completion of the sale, the chief financial officer directly owned 3,205,000 shares in the company, valued at $51,728,700. This represents a 15.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael C. Bucella purchased 3,171 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were purchased at an average cost of $15.78 per share, with a total value of $50,038.38. Following the completion of the purchase, the director owned 270,129 shares in the company, valued at $4,262,635.62. This represents a 1.19% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 13,094 shares of company stock valued at $200,392 over the last quarter. Insiders own 19.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Purpose Unlimited Inc. bought a new stake in TeraWulf in the fourth quarter worth about $1,129,000. Spear Advisors LLC bought a new position in shares of TeraWulf during the 4th quarter valued at about $6,625,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of TeraWulf during the 4th quarter valued at about $62,000. Caitong International Asset Management Co. Ltd grew its stake in shares of TeraWulf by 421.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 81,632 shares of the company’s stock worth $938,000 after purchasing an additional 65,986 shares during the last quarter. Finally, Hamilton Wealth LLC raised its holdings in shares of TeraWulf by 14.1% in the 4th quarter. Hamilton Wealth LLC now owns 15,750 shares of the company’s stock worth $181,000 after purchasing an additional 1,950 shares in the last quarter. 62.49% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting TeraWulf

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: Rosenblatt reaffirmed a “buy” rating and $23 price target, supporting upside expectations and institutional interest. Read More.
• Positive Sentiment: Company disclosures and coverage highlight large commercial wins — long‑term lease agreements for ~522 MW of IT capacity and reported ~$12.8B in contracted revenue tied to its AI/HPC pivot — which underpin future revenue visibility. Read More.
• Positive Sentiment: TeraWulf engaged Fluor for preconstruction on a planned ~$3B Kentucky data center, a material infrastructure step that advances capacity to service AI/HPC customers. Read More.
• Positive Sentiment: Director Michael C. Bucella made repeated small open‑market purchases (mid‑March), signaling insider confidence despite recent volatility. Read More.
• Neutral Sentiment: Analyst coverage is broadly constructive (consensus “moderate buy”; average target ≈ $20.62) with several firms issuing overweight/buy ratings — supportive but not unanimous. Read More.
• Neutral Sentiment: Independent coverage frames the AI pivot as promising but cautions that execution and market risks may be underestimated — useful context for balancing enthusiasm. Read More.
• Negative Sentiment: A Seeking Alpha piece flagged that an outsized rally prompted a downgrade to Hold, which can pressure sentiment and trigger short‑term profit taking. Read More.
• Negative Sentiment: CFO Patrick Fleury sold a large block of shares (combined filings show ~600,000 shares sold mid‑March for proceeds >$9M), a material reduction in his stake that may raise governance or liquidity concerns for some investors. Read More.

About TeraWulf

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.