Streetbeat News

WULF

TeraWulf Inc.

https://www.terawulf.com

Industry

Financial - Capital Markets

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites located in New York and Pennsylvania. TeraWulf Inc. is based in Easton, Maryland.

Open

7.10

Mkt cap

2.8B

Volume

23M

High

7.25

P/E Ratio

-42.24

52-wk high

9.30

Low

6.74

Div yield

N/A

52-wk low

1.01

TeraWulf Inc. has sold its 25% equity interest in the Nautilus Cryptomine joint venture for approximately $92 million, achieving a 3.4x return on investment. The proceeds will be used to expand its Lake Mariner facility, focusing on HPC/AI and Bitcoin mining, with a target of 13 EH/s operating capacity by Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:05 pm

TeraWulf (NASDAQ:WULF) has been analyzed by six analysts, showing a range of opinions from bullish to somewhat bullish. The average 12-month price target is $7.25, with a high of $10.00 and a low of $5.00. Recent analyst actions include maintaining or raising ratings, with price targets reflecting positive sentiment. TeraWulf's financials show strong revenue growth and effective debt management, despite negative net margins and returns.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 7:00 pm

Cantor Fitzgerald analyst Brett Knoblauch has reiterated an Overweight rating on TeraWulf (NASDAQ:WULF) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 4:06 pm

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 4:28 pm

A significant option activity was observed for TeraWulf, with 5,000 October 4 $5.5 call options swept near the ask price at $0.25, indicating bullish sentiment. The stock is currently priced at $5.22, and earnings are expected on November 11.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:06 pm

The article highlights unusual options activity in the Information Technology sector, focusing on whale alerts for several stocks. Notable mentions include NVDA, AAPL, CSCO, WULF, INTC, ORCL, MSTR, TSM, U, and MSFT, with varying bullish and bearish sentiments.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 5:35 pm

Biohaven Ltd. shares surged 18.4% after positive study results for Troriluzole. Other stocks like BitFuFu, TeraWulf, and Tesla also saw gains, with Tesla's rise linked to a reiterated Neutral rating by Cantor Fitzgerald.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 1:53 pm

Darden Restaurants' shares rose 7.4% despite missing Q1 earnings and sales estimates. Other stocks like Rezolve AI, Edgewise Therapeutics, and Mobileye Global also saw significant gains. The Dow Jones index surged around 400 points.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 1:57 pm

Crypto-linked stocks are experiencing a rise in share prices following the Federal Reserve's decision to cut interest rates by 50 basis points.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:46 pm

Crypto-linked stocks are experiencing a rise in share prices following the Federal Reserve's decision to cut interest rates by 50 basis points.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 6:42 pm

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