WULF — TeraWulf Inc. - Common Stock
Session close: $12.38. Regular-session share volume: 53,395,407. Change from previous close: +8.88%.
Key developments
TeraWulf drew a wave of analyst updates after its third-quarter report. Northland Securities reiterated a Buy rating while lowering its price target, and Needham and Rosenblatt each maintained Buy ratings with reduced targets. Needham noted a revenue beat but an adjusted EBITDA loss, while Rosenblatt highlighted strong HPC lease revenue and said Google's credit backstop and an EPC contract clear the runway for project financing on the large Anthropic lease.
Company news Northland Securities Maintains Buy Rating on TeraWulf, Adjusts Price Target to $22.50 · Company news TeraWulf Analysts Stay Bullish After Google Backstops $19 Billion Anthropic Lease · Company news Needham Maintains Buy Rating on TeraWulf, Adjusts Price Target
News sources
Company news Northland Securities Maintains Buy Rating on TeraWulf, Adjusts Price Target to $22.50 · Company news WULF Q3 Earnings Call Highlights AI Expansion and Funding Plans · Company news TeraWulf Analysts Stay Bullish After Google Backstops $19 Billion Anthropic Lease · Company news Rosenblatt Maintains Buy on TeraWulf, Lowers Price Target to $20 · Company news Needham Maintains Buy Rating on TeraWulf, Adjusts Price Target · Company news Needham Maintains Buy on TeraWulf, Lowers Price Target to $25