Research Analysts’ Recent Ratings Updates for TeraWulf (WULF)

Several brokerages have updated their recommendations and price targets on shares of TeraWulf (NASDAQ: WULF) in the last few weeks:

• 1/13/2025 – TeraWulf had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $9.50 price target on the stock.
• 1/13/2025 – TeraWulf had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $10.00 price target on the stock.
• 1/8/2025 – TeraWulf is now covered by analysts at Keefe, Bruyette & Woods. They set a “market perform” rating on the stock.
• 1/6/2025 – TeraWulf had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $11.00 price target on the stock.
• 1/5/2025 – TeraWulf was upgraded by analysts at Atb Cap Markets to a “strong-buy” rating.
• 12/24/2024 – TeraWulf had its “outperform” rating reaffirmed by analysts at Northland Securities. They now have a $10.00 price target on the stock.
• 12/19/2024 – TeraWulf had its price target raised by analysts at B. Riley from $8.00 to $10.00. They now have a “buy” rating on the stock.
• 12/5/2024 – TeraWulf had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $10.00 price target on the stock.
• 12/4/2024 – TeraWulf had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $11.00 price target on the stock.

TeraWulf Stock Performance

WULF stock opened at $5.96 on Wednesday. The stock’s fifty day simple moving average is $6.72 and its 200-day simple moving average is $5.55. TeraWulf Inc. has a 52-week low of $1.29 and a 52-week high of $9.30.

Institutional Trading of TeraWulf

Institutional investors and hedge funds have recently made changes to their positions in the company. Exchange Traded Concepts LLC grew its holdings in TeraWulf by 6.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 1,316,786 shares of the company’s stock valued at $7,453,000 after purchasing an additional 83,008 shares in the last quarter. Zweig DiMenna Associates LLC lifted its position in shares of TeraWulf by 8.8% in the 4th quarter. Zweig DiMenna Associates LLC now owns 2,206,120 shares of the company’s stock worth $12,487,000 after buying an additional 178,620 shares during the last quarter. GoalVest Advisory LLC bought a new position in TeraWulf in the fourth quarter worth about $651,000. SG Americas Securities LLC boosted its position in TeraWulf by 51.7% during the 4th quarter. SG Americas Securities LLC now owns 122,725 shares of the company’s stock valued at $695,000 after purchasing an additional 41,826 shares during the period. Finally, Evolution Wealth Advisors LLC acquired a new position in shares of TeraWulf during the fourth quarter valued at $95,000. 62.49% of the stock is currently owned by institutional investors and hedge funds.

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.