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

Roth MKM analyst Darren Aftahi initiated coverage on TeraWulf Inc. (NASDAQ:WULF) with a Buy rating and a price target of $6.50, citing the company's efficient BTC mining operations and potential for substantial value creation. The analyst expects significant revenue and EBITDA growth by FY25. Investors can also gain exposure through Global X Blockchain ETF (NASDAQ:BKCH) and Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI).

Portfolio Pulse from Lekha Gupta

July 02, 2024 | 5:47 pm

The article highlights unusual options activity in the Information Technology sector, focusing on call and put options for various companies. Notable mentions include NVDA, AMD, SMCI, AAPL, MARA, PLTR, MSFT, AVGO, INTC, and WULF, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 5:35 pm

Roth MKM has initiated coverage on TeraWulf (NASDAQ:WULF) with a Buy rating and set a price target of $6.5.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 12:12 pm

Deep-pocketed investors have shown unusual options activity in TeraWulf (NASDAQ:WULF), with a mix of bullish and bearish sentiments. The options activity suggests a potential price movement between $4.0 and $7.0. Analysts have mixed ratings, with price targets ranging from $6 to $9.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:16 pm

Six analysts have provided ratings for TeraWulf (NASDAQ:WULF), showing a mix of bullish and somewhat bullish perspectives. The average 12-month price target is $5.53, with a high of $9.00 and a low of $3.00. Recent analyst actions include rating adjustments and price target changes, reflecting evolving market conditions and company performance.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 5:01 pm

B. Riley Securities has maintained its Buy rating on TeraWulf (NASDAQ:WULF) and raised the price target from $5 to $6.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 4:05 pm

TeraWulf's (NYSE:WULF) short interest has fallen by 6.4%, with 23.53 million shares sold short, representing 9.06% of its float. This decrease in short interest could indicate a shift in market sentiment towards a more bullish outlook.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 4:15 pm

Shares of crypto stocks are trading higher amid a rebound in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:45 pm

Several major stocks, including Smith & Wesson Brands, Abacus Life, and others, are experiencing declines in Friday's pre-market session. Despite Smith & Wesson beating earnings and sales estimates, its shares fell 4%. Other notable declines include Molecular Partners, NANO Nuclear Energy, VinFast Auto, Bitdeer Technologies, Abacus Life, TeraWulf, Iris Energy, and GameStop.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 9:42 am

Streamline Health Solutions (NASDAQ:STRM) shares fell 23.3% after reporting worse-than-expected Q1 EPS results. Other notable stock movements include DDC Enterprise (NYSE:DDC) surging 101% after acquiring Omsom, and Beamr Imaging (NASDAQ:BMR) gaining 39.3% following the announcement of its Beamr Cloud solution's availability in the Oracle Cloud Marketplace.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 5:25 pm

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