TeraWulf (NASDAQ:WULF) Stock Price Target Cut by Morgan Stanley

TeraWulf (NASDAQ:WULF) had its target price reduced by Morgan Stanley from $65.00 to $47.00 in a research report issued on Tuesday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Morgan Stanley‘s price objective would suggest a potential upside of 287.88% from the stock’s previous close.

Several other research firms also recently weighed in on WULF. Zacks Research downgraded TeraWulf from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 13th. Needham & Company LLC reduced their price objective on TeraWulf from $33.00 to $25.00 and set a “buy” rating on the stock in a research report on Monday. Cantor Fitzgerald decreased their price objective on TeraWulf from $37.00 to $30.00 and set an “overweight” rating on the stock in a research note on Friday, October 16th. Northland Securities set a $22.50 price objective on TeraWulf in a research report on Friday. Finally, Keefe, Bruyette & Woods cut their target price on shares of TeraWulf from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $28.48.

TeraWulf Price Performance

NASDAQ:WULF traded down $0.26 during mid-day trading on Tuesday, hitting $12.12. 26,967,830 shares of the company’s stock traded hands, compared to its average volume of 33,410,418. The company has a debt-to-equity ratio of 27.25, a quick ratio of 0.75 and a current ratio of 0.75. The company has a market cap of $6.05 billion, a PE ratio of -3.74 and a beta of 4.00. The firm’s 50 day simple moving average is $14.15 and its 200 day simple moving average is $17.94. TeraWulf has a 1 year low of $9.51 and a 1 year high of $29.84.

TeraWulf (NASDAQ:WULF) last released its quarterly earnings results on Friday, November 6th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.15. TeraWulf had a negative net margin of 1,179.94% and a negative return on equity of 458.62%. The business had revenue of $76.23 million for the quarter, compared to analyst estimates of $62.49 million. During the same period in the prior year, the business earned ($1.13) earnings per share. The company’s quarterly revenue was up 50.7% on a year-over-year basis. Sell-side analysts expect that TeraWulf will post -1.09 EPS for the current year.

Insider Buying and Selling at TeraWulf

In other TeraWulf news, Director Michael Bucella purchased 6,085 shares of TeraWulf stock in a transaction on Tuesday, September 15th. The shares were bought at an average price of $14.79 per share, with a total value of $89,997.15. Following the purchase, the director directly owned 350,789 shares in the company, valued at $5,188,169.31. This trade represents a 1.77% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Walter Carter sold 130,626 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $15.14, for a total value of $1,977,677.64. Following the transaction, the director directly owned 229,090 shares in the company, valued at approximately $3,468,422.60. This represents a 36.31% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders acquired 11,968 shares of company stock worth $189,962. Insiders own 15.90% of the company’s stock.

Hedge Funds Weigh In On TeraWulf

Several large investors have recently added to or reduced their stakes in WULF. CoreCap Advisors LLC raised its stake in shares of TeraWulf by 106.7% during the second quarter. CoreCap Advisors LLC now owns 1,447 shares of the company’s stock valued at $36,000 after purchasing an additional 747 shares during the period. Jacobi Capital Management LLC purchased a new position in shares of TeraWulf in the third quarter valued at $37,000. Ameritas Advisory Services LLC purchased a new position in shares of TeraWulf in the second quarter valued at $41,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of TeraWulf in the third quarter valued at $45,000. Finally, Solstein Capital LLC acquired a new position in TeraWulf in the 2nd quarter worth $74,000. 62.49% of the stock is currently owned by hedge funds and other institutional investors.

More TeraWulf News

Here are the key news stories impacting TeraWulf this week:

• Positive Sentiment: TeraWulf is targeting $700 million in annualized lease revenue by Q1 2027 as it expands AI infrastructure. Its earnings-call discussion also cited Google credit support and disciplined funding plans, which could help address investor concerns about financing growth. Zacks earnings-call highlights
• Neutral Sentiment: Wells Fargo cut its price target from $30 to $22 but maintained an Overweight rating. Rosenblatt lowered its target from $30 to $20, and Needham cut its target from $33 to $25; both retained Buy ratings. The target reductions may weigh on sentiment, while the continued positive ratings signal that the firms still see upside. Wells Fargo price-target report
• Neutral Sentiment: A report said Core Scientific and TeraWulf posted $1.89 billion in combined third-quarter profit, driven by revaluation gains. Because the figure is combined and largely reflects valuation changes, it may say less about TeraWulf’s recurring operating performance. Report on combined Q3 profit
• Negative Sentiment: TeraWulf is suing Lansing over records requests as a proposed data-center ban advances. The dispute adds uncertainty around local approvals and the company’s ability to develop data-center capacity. Lansing records-request dispute
• Negative Sentiment: Broader concerns about lending to AI data-center developers have surfaced among former crypto miners. That financing concern could weigh on the sector, although the cited report noted TeraWulf shares rose during that session. Report on AI lending concerns

TeraWulf Company Profile

TeraWulf, Inc. develops and operates digital infrastructure, including facilities for Bitcoin mining and high-performance computing (HPC). The company focuses on locating its operations near sources of low-carbon energy and offers data center capacity designed for energy-intensive computing. Its Lake Mariner facility in New York is a key site for its mining and data center activities. TeraWulf has also operated in Pennsylvania through the Nautilus Cryptomine facility, reflecting its history of developing energy-intensive operations in the northeastern United States.