Harvest Portfolios Group Inc. Decreases Stock Position in TeraWulf Inc. $WULF
Harvest Portfolios Group Inc. reduced its stake in TeraWulf Inc. by 26.7% in the fourth quarter, selling 74,645 shares and ending with 204,533 shares valued at approximately $2.35 million. This reduction comes as TeraWulf reported weaker-than-expected quarterly results, with an EPS loss of $1.01 against estimates of a $0.19 loss and revenues slightly below forecasts. Despite this, analyst sentiment remains largely positive, with a "Moderate Buy" consensus rating and an average price target of $27.59.
TeraWulf (NASDAQ: WULF) CSO nets 327,054 shares after PSU vesting and tax withholding
TeraWulf's Chief Strategy Officer, Kerri M. Langlais, acquired 327,054 shares of common stock after performance-based restricted stock units (PSUs) vested. Of these, 180,860 shares were withheld to cover tax obligations through a net settlement. Following these transactions, Langlais directly holds 4,337,741 shares of TeraWulf common stock.
TERAWULF (WULF) CFO nets 327K PSUs, withholds 128K shares for taxes
TERAWULF's CFO, Patrick Fleury, reported compensation-related stock transactions involving the vesting and exercise of 327,054 performance-based restricted stock units (PSUs). To cover tax obligations, 128,695 shares were disposed of through net settlement. Following these transactions, Fleury directly owns 4,134,214 shares of TERAWULF common stock, with no open-market trading involved in these events.
When Can We Expect A Profit From TeraWulf Inc. (NASDAQ:WULF)?
This article examines the financial prospects of TeraWulf Inc. (NASDAQ:WULF), a Bitcoin mining company, focusing on when it might achieve profitability. It highlights the company's significant losses, its cash runway, and the importance of analysts' forecasts for revenue and earnings growth. The article also touches on shareholder dilution risks and the current analyst sentiment regarding the stock.
WULF Stock Rises Despite Sharply Wider Quarterly Loss
TeraWulf Inc. (NASDAQ: WULF) reported a significantly wider Q1 net loss of $1.01 per share, missing analyst expectations, with revenue remaining flat at $34M. Despite these weak fundamentals, the stock traded over 2% higher in premarket, indicating high volatility and speculative interest. Active traders are focusing on price action and short-term catalysts rather than the company's challenging financial situation, which includes substantial debt and negative equity.
What TeraWulf (WULF)'s Q1 Loss and AI Pivot Plans Mean For Shareholders
TeraWulf Inc. reported a significant Q1 2026 net loss of US$427.63 million, primarily due to an impairment charge, while generating US$34.01 million in revenue. The company is actively shifting its focus from pure Bitcoin mining to low-carbon energy solutions and potential AI data center development, attracting institutional interest, including a 3.7% stake by Citadel-related entities. This pivot aims to leverage its low-emission power footprint for hyperscale hosting agreements, though investors are cautioned about the financial strain from capital-intensive growth and ongoing dilution.
TeraWulf Inc. Trade Ideas — BOATS:WULF
This article compiles various trade ideas for TeraWulf Inc. (NASDAQ: WULF), primarily focusing on Elliott Wave analysis from "ElliottChart." The analyses frequently predict further declines for WULF, identifying specific retracement targets often around $3.20 to $2.90, within the context of ongoing corrective waves. One post also suggests an options strategy, recommending purchasing put options with a $2 strike price ahead of earnings.
TeraWulf Recasts Bitcoin Mining Assets As AI Powerhouse Under Grid Scrutiny
TeraWulf (NasdaqCM:WULF) is transitioning its business focus from bitcoin mining to AI-focused, high-performance computing data centers, leveraging its nuclear and hydro-powered sites. This strategic shift positions the company as a beneficiary of the AI infrastructure build-out, attracting positive market reaction and driving significant stock performance. However, investors are advised to monitor the speed of AI/HPC capacity contracts, capital spending, and regulatory treatment of its digital infrastructure.
Spear Advisors LLC Takes Position in TeraWulf Inc. $WULF
Spear Advisors LLC has acquired a significant new position in TeraWulf Inc. (NASDAQ:WULF), purchasing 576,598 shares valued at approximately $6.6 million, making it their 9th largest holding. Despite TeraWulf missing recent earnings expectations, Wall Street analysts maintain a "Moderate Buy" consensus with an average target price of $27.55, and several other hedge funds also increased their stakes in the company. Insiders, however, have shown mixed activity with the CEO selling shares while a director acquired more.
Citadel entities hold 3.7% of Terawulf (NASDAQ: WULF)
Entities related to Citadel and Kenneth Griffin have disclosed a beneficial ownership of 3.7% in Terawulf Inc. (NASDAQ: WULF), totaling 15,840,234 shares. Citadel Securities LLC specifically owns 2.8% of the company, or 11,731,728 shares. This information comes from an amended Schedule 13G/A filing, indicating shared voting and dispositive power over these holdings based on 424,068,125 shares outstanding as of February 24, 2026.
435,381,960 Common Stock of TeraWulf Inc. are subject to a Lock-Up Agreement Ending on 15-MAY-2026.
435,381,960 shares of TeraWulf Inc. common stock are under a lock-up agreement set to expire on May 15, 2026. This lock-up period, initiated on April 14, 2026, restricts directors and officers from selling or transferring their shares for 31 days following a prospectus supplement, without prior consent from Morgan Stanley & Co. LLC. The agreement aims to stabilize the market price of the stock after an offering.
Assessing TeraWulf (WULF) Valuation After Strong Multi‑Period Share Price Momentum
TeraWulf (WULF) has seen significant share price momentum, with a 15.4% gain over the past month and an 89.7% year-to-date return. Analysts project an average price target of US$31.04 against its current price of US$24.17, with the stock being framed as "modestly undervalued" at a narrative fair value of $26.17. The company's shift towards diversified, contracted revenue streams in digital infrastructure, including hyperscale hosting agreements, supports higher revenue visibility, though execution and funding risks remain.
Jefferies initiates Terawulf stock with buy rating on AI data center growth
Jefferies has initiated coverage on Terawulf Inc. (NASDAQ:WULF) with a "buy" rating and a $28.00 price target, signaling confidence in the company's AI data center growth potential. The firm highlights Terawulf's strategy of converting brownfield industrial sites into AI data centers, which is generating recurring high-performance computing lease revenue and reducing its correlation to Bitcoin. This positive outlook comes despite Terawulf reporting a Q1 2026 earnings and revenue shortfall, though its stock saw positive premarket movement.
WULF Stock Climbs on $31 Target as TeraWulf Bets Big on Low-Carbon, Nuclear-Powered Bitcoin Mining
TeraWulf (NASDAQ: WULF) has received a new $31 price target from Cantor Fitzgerald due to its low-carbon bitcoin mining strategy, which utilizes nuclear and hydro power. The company's focus on sustainable energy, particularly its nuclear-powered Nautilus Cryptomine facility, positions it favorably amidst increasing ESG scrutiny and investor demand for clean crypto infrastructure. This approach offers a competitive advantage in the energy-intensive bitcoin mining sector, which is facing growing pressure over its environmental impact.
TeraWulf Inc (WULF) Receives a New Rating from Northland Securities
Northland Securities initiated coverage on TeraWulf Inc (WULF) with a Buy rating and a $30.00 price target. This aligns with a Strong Buy analyst consensus and an average price target of $31.42. The company recently reported Q1 revenue of $34.01 million and a GAAP net loss of $427.63 million, while insider sentiment is neutral following a sale of shares by the CEO.
New data center offering pros, cons for Hancock County residents
A new data center project by TeraWulf in Hancock County is expected to involve an investment of up to $14 billion. The article discusses the potential advantages and disadvantages this development could bring to the county's residents, indicating a mixed impact.
Analysts Offer Insights on Financial Companies: TeraWulf Inc (WULF) and Ridgepost Capital (RPC)
Two analysts have issued bullish sentiments on financial companies TeraWulf Inc (WULF) and Ridgepost Capital (RPC). Stephen Glagola of KBW maintained a Buy rating on TeraWulf with a $33.00 price target, while J.P. Morgan's Ken Worthington maintained a Buy rating on Ridgepost Capital with a $14.00 price target. Both companies show strong buy consensus from analysts, with significant upside potential.
Keefe, Bruyette & Woods Issues Positive Forecast for TeraWulf (NASDAQ:WULF) Stock Price
Keefe, Bruyette & Woods raised its price target for TeraWulf (NASDAQ:WULF) to $33 from $25, maintaining an "outperform" rating and implying a significant upside. Despite this positive analyst forecast, TeraWulf's shares dropped 5% in Tuesday trading, and the company reported a wider-than-expected loss in its latest earnings, signaling ongoing profitability challenges amidst its focus on sustainable bitcoin mining and AI/HPC leasing. Multiple other firms have also issued positive ratings and price targets, contributing to a "Moderate Buy" consensus.
A $14 billion data center looms in a Kentucky county of 9,000 people
A new TeraWulf data center project in Hancock County, Kentucky, is expected to involve an investment of up to $14 billion, making it one of the largest single investments in Kentucky. The sum includes site development and future hardware investment by an unnamed tenant. Construction is slated to begin this year, with operations starting in late 2027.
TeraWulf (NASDAQ:WULF) Given New $31.00 Price Target at Cantor Fitzgerald
Cantor Fitzgerald has increased its price target for TeraWulf (NASDAQ:WULF) from $30.00 to $31.00, maintaining an "overweight" rating and suggesting a 31% upside. This follows the company's recent quarterly results, which missed EPS and revenue estimates, reporting -$1.01 EPS against a -$0.19 consensus and $34.01 million in revenue. Despite mixed insider trading activity, analyst sentiment remains largely positive, with a "Moderate Buy" consensus and an average target price of $26.75 from 14 analysts.
Needham raises Terawulf stock price target to $28 on HPC growth
Needham has increased its price target for Terawulf Inc. (NASDAQ:WULF) to $28 from $22, maintaining a Buy rating due to anticipated HPC lease growth, despite the company's recent Q1 2026 earnings missing market expectations. Terawulf's revenue was $34 million, reflecting a significant rise in HPC lease revenue but a decline in bitcoin mining revenue, and the company remains unprofitable. Needham's revised target is based on the expectation of a lease agreement at Terawulf's Kentucky site.
TeraWulf: Entering the Execution Phase
TeraWulf Inc. is transitioning from bitcoin mining to AI-focused data center operations, holding substantial contracted infrastructure capacity. Despite mixed Q1 2026 results and a recent stock rally, the long-term investment outlook is bullish, driven by anticipated revenue acceleration through 2027, especially from a new Kentucky facility. The company faces execution risks related to converting contracts to cash flow, managing debt for large capital expenditures, and potential overbuilding of capacity if AI infrastructure demand slows.
State of New Jersey Common Pension Fund D Makes New Investment in TeraWulf Inc. $WULF
State of New Jersey Common Pension Fund D has bought a new position in TeraWulf Inc. (NASDAQ:WULF), acquiring 179,738 shares valued at approximately $2.1 million during the fourth quarter. This comes as TeraWulf pivots towards AI/HPC infrastructure, reporting $21 million in HPC lease revenue, despite significant Q1 losses that missed analyst expectations. Analysts generally rate WULF as a "Moderate Buy" with an average target price of $25.83, noting its strategic direction in AI could offset current financial setbacks.
TeraWulf (WULF) CSO settles performance stock units, shares withheld for tax
TeraWulf's Chief Strategy Officer, Kerri M. Langlais, reported the vesting of 327,054 performance stock units, which converted into common shares. Concurrently, 180,860 common shares were disposed of to the issuer to cover tax obligations through a net settlement election. Following these transactions, Langlais directly holds 4,191,547 shares of TeraWulf common stock, with additional performance units set to vest upon future goal achievement.
TERAWULF (WULF) CFO logs 327,054 PSU vesting and tax-share disposition
TERAWULF CFO Patrick Fleury reported the vesting of 327,054 performance-based restricted stock units (PSUs) on May 6, 2026. In connection with this, 128,695 shares were disposed of to cover tax withholding obligations. Following these transactions, Fleury directly holds 3,807,160 shares of TERAWULF common stock.
Income Statement
TeraWulf Inc. (WULF) released its unaudited condensed consolidated statements of comprehensive loss operations for the three months ended March 31, 2026, and March 31, 2025. The company reported a net loss attributable to TeraWulf Inc. of $(427,634,000) for Q1 2026, significantly increased from $(61,418,000) in Q1 2025, primarily due to higher interest expense, a significant change in the fair value of warrants, and increased impairment of property, plant, and equipment. Total revenue decreased slightly from $34,405,000 in Q1 2025 to $34,012,000 in Q1 2026, despite the introduction of HPC lease revenue.
TeraWulf Reports Q1 2026 Results and New Revolving Credit Facility
TeraWulf Inc. reported a total revenue of $34.0 million for Q1 2026, including digital asset and HPC lease revenue, but incurred a significant net loss of $427.6 million due to increased operating expenses, depreciation, impairment charges, and interest expenses. The company's total liabilities exceeded assets, resulting in a deficit equity of $77.6 million. Additionally, TeraWulf secured a new revolving credit agreement on May 7, 2026, with a syndicate of major banks led by Morgan Stanley Senior Funding, Inc.
Compass Point reiterates Terawulf stock rating on HPC revenue growth
Compass Point has reiterated a Buy rating and a $28.00 price target for Terawulf Inc. (NASDAQ:WULF) following the company's Q1 2026 results. While bitcoin mining revenue declined, High-Performance Computing (HPC) lease revenue saw a significant 117% sequential increase, representing over 60% of total revenue with healthy profit margins. Despite strong segment margins, analysts anticipate the company to remain unprofitable this year with an EPS forecast of -$0.62 for fiscal 2026.
TeraWulf (NASDAQ: WULF) posts big Q1 2026 loss while building HPC and power assets
TeraWulf (NASDAQ: WULF) reported a significant net loss of $427.6 million in Q1 2026, primarily due to increased operating costs, warrant revaluation losses, and higher interest expenses, despite its revenue remaining flat year-over-year. The company is strategically shifting its business focus from bitcoin mining towards high-performance computing (HPC) datacenters, evidenced by $21.0 million in HPC lease revenue from long-term agreements. TeraWulf is aggressively investing in HPC infrastructure, including a $301.9 million Hawesville site acquisition and continued expansion at its Lake Mariner campus, funded by substantial debt and supported by $3.09 billion in cash and restricted cash.
TeraWulf’s Money-Losing Pivot: High Costs, But the Stock Market Buys the AI Vision
TeraWulf reported significant quarterly losses as it undergoes a transition from a Bitcoin mining operation to a data-center operator. Despite these financial losses, the stock market appears to be responding positively to the company's new focus on AI infrastructure. This article suggests that investors are buying into TeraWulf's vision for artificial intelligence, even as it navigates a costly pivot.
TeraWulf Inc. (WULF) Reports Q1 Loss, Tops Revenue Estimates
TeraWulf Inc. (WULF) reported a Q1 loss of $0.44 per share, significantly missing the Zacks Consensus Estimate of a $0.16 loss. However, the company's revenue for the quarter reached $34.01 million, slightly exceeding analyst estimates but down from $34.4 million in the prior year. Despite the earnings miss, TeraWulf shares have seen a substantial increase of 109.1% year-to-date, contrasting with the S&P 500's 7.2% gain.
TeraWulf Inc. (WULF) Reports Q1 Loss, Tops Revenue Estimates
TeraWulf Inc. (WULF) reported a Q1 loss of $0.44 per share, significantly missing the Zacks Consensus Estimate of a $0.16 loss, but exceeded revenue expectations with $34.01 million. Despite the earnings surprise of -169.44%, the company has seen its shares increase by 109.1% year-to-date. The Zacks Rank for WULF is currently #3 (Hold), indicating it is expected to perform in line with the market.
TeraWulf Inc. 2026 Q1 - Results - Earnings Call Presentation (NASDAQ:WULF) 2026-05-08
TeraWulf Inc. has released its Q1 2026 earnings call presentation. The company reported an EPS of -$0.20, beating estimates by $0.02, and revenue of $34.01M, which was a beat by $1.27M despite a 1.14% year-over-year decrease. This information was published by SA Transcripts, who are responsible for developing transcript-related projects on Seeking Alpha.
Cash Flow
This document presents TeraWulf Inc.'s condensed consolidated statements of cash flows for the three months ended March 31, 2026, and March 31, 2025. It details cash flows from operating, investing, and financing activities, showing a significant increase in net loss and net cash used in investing activities in 2026 compared to 2025. The report also includes definitions for various financial metrics used in the statements.
Balance Sheet
This document presents the condensed consolidated balance sheets for TeraWulf Inc. (WULF) as of March 31, 2026, and December 31, 2025. It details the company's assets, liabilities, and equity, offering a financial snapshot at two specific points in time. The balance sheet shows key financial figures such as cash and cash equivalents, total assets, and total liabilities, along with various categories of current and non-current financial obligations.
Terawulf faces earnings test as AI pivot takes center stage
Terawulf (WULF) is facing an important earnings test as it transitions from bitcoin mining to an AI infrastructure provider. Investors will scrutinize its first-quarter results for the success of its high-performance computing (HPC) pivot, particularly examining margin quality, utilization rates, and progress on massive contracted revenues. The company's path to profitability after a $900 million equity raise and its ability to convert commitments into operating capacity and cash flow will be key factors determining market reaction.
Vanguard Group Inc. Purchases 9,162,958 Shares of TeraWulf Inc. $WULF
Vanguard Group Inc. increased its stake in TeraWulf Inc. by 37.4% in the fourth quarter, acquiring an additional 9,162,958 shares and bringing its total holdings to 33,643,009 shares, valued at approximately $386.6 million. This move makes Vanguard own about 8.04% of the zero-carbon bitcoin mining operator, which has a market cap of $11.21 billion. The stock, which recently traded near its 12-month high, holds a consensus "Moderate Buy" rating from analysts, despite recent net selling by insiders.
Stock Traders Purchase High Volume of Call Options on TeraWulf (NASDAQ:WULF)
TeraWulf (NASDAQ:WULF) experienced unusual options trading activity with traders purchasing 226,533 call options, a 58% increase over the daily average, leading to an 8% stock jump. Analysts maintain a "Moderate Buy" rating with a consensus target price of $25.83, while insiders have recently been net sellers. Institutional investors, led by Vanguard, hold a significant portion of the company's stock.
TeraWulf Inc. $WULF Shares Acquired by Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. significantly increased its stake in TeraWulf Inc. (NASDAQ:WULF) by 45.1% in Q4, acquiring 140,101 shares valued at $1.61 million, indicating growing institutional interest. While institutional ownership has risen, insider activity shows a trend of selling, with CEO Paul B. Prager selling a large number of shares, though insiders still hold a notable 19.9% of the stock. Shares are trading near their 12-month high, and analysts maintain a "Moderate Buy" consensus with an average target price of $25.83.
TeraWulf (WULF) Is Up 12.9% After Funding AI-Focused Hawesville Pivot With $1B Equity Raise
TeraWulf Inc. (WULF) recently completed a public offering raising $1 billion through the issuance of 54,510,000 common shares at US$19.00 each. This funding will support its Hawesville, Kentucky data center campus, repay debt, and facilitate a strategic pivot from bitcoin mining to AI and high-performance computing colocation services. This move signifies TeraWulf's repositioning as a diversified digital infrastructure provider, with current forecasts projecting $1.2 billion in revenue and $138.5 million in earnings by 2029, suggesting an 11% upside to its current price.
WULF Stock Draws Bullish Targets As AI Power Story Builds
TeraWulf Inc. (WULF) stock is experiencing a bullish sentiment, trading up 5.38% as it shifts its focus from Bitcoin mining to AI and high-performance computing hosting. Major financial institutions like Morgan Stanley, Northland, and Keefe Bruyette have raised their price targets for WULF, highlighting its expanded power capacity and growing involvement with AI customers. While the company is in a build-out phase with significant capital spending and negative margins, analysts view it as a vertically integrated data center and power platform, attracting attention from both algorithmic and discretionary traders.
Why did WULF stock dive in extended trading after hitting 52-week high?
The article discusses why the stock for WULF (Terawulf Inc.) experienced a significant dip in extended trading after reaching a 52-week high. This drop occurred after the company announced a convertible notes offering and an underwritten public offering of common stock and warrants, which are dilutionary events. The article also touches on the company's recent operational report highlighting increased production and efficiency, which contributed to the earlier stock rise.
Pictet Asset Management Holding SA Acquires 96,843 Shares of TeraWulf Inc. $WULF
Pictet Asset Management Holding SA significantly increased its stake in TeraWulf Inc. (NASDAQ:WULF) by 178.8% in Q4, purchasing an additional 96,843 shares to own a total of 151,005 shares valued at approximately $1.735 million. Institutional investors now hold 62.49% of the company's stock. Analysts generally have a "Moderate Buy" rating for TeraWulf, with an average target price of $25.83.
TeraWulf Stock Surges as Analysts Lift Target
TeraWulf Inc. (WULF) shares increased after analysts noted the company's 480 MW Kentucky Bitcoin mining site is nearing operation. This development comes ahead of its first-quarter earnings report on May 8. Northland Securities responded by raising its price target on TeraWulf from $23.25 to $30 and reiterating an Outperform rating.
TeraWulf executives head to four investor conferences in May
TeraWulf (Nasdaq: WULF) announced that its senior management will participate in four investor and industry conferences throughout May 2026. These events include the Needham Tech, Media, Consumer Conference, AIM Summit, B Riley 26th Annual Institutional Investor Conference, and the TD Cowen TMT Conference. The conferences will provide opportunities for TeraWulf to engage with investors and discuss its vertically integrated digital infrastructure, high-performance computing hosting, and bitcoin mining operations.
Jane Street group holds 5.8% of Terawulf (NASDAQ: WULF)
Jane Street Group and its affiliated entities have reported a 5.8% beneficial ownership stake in Terawulf Inc. (NASDAQ: WULF), totaling 27,751,813 shares. This disclosure, made via a Schedule 13G filing on May 4, 2026, indicates a passive investment with shared voting and dispositive power among Jane Street Capital, LLC, Jane Street Global Trading, LLC, Leonard Street Holdings, LP, and Jane Street Singapore Pte. Limited. The filing provides transparent information about the significant ownership position held by the Jane Street group in the company.
TeraWulf Announces Participation in Upcoming Investor and Industry Conferences
TeraWulf Inc. announced that its senior management will participate in several upcoming investor and industry conferences in May 2026, including events in New York, London, and Marina Del Ray. The company, which focuses on sustainable data center infrastructure for high-performance computing and bitcoin mining, highlighted its commitment to delivering scalable compute capacity for AI and HPC customers. The press release also included important forward-looking statements and risk factors for investors.
TeraWulf Announces Participation in Upcoming Investor and Industry Conferences
TeraWulf Inc. (Nasdaq: WULF) announced that its senior management will participate in several investor and industry conferences throughout May 2026, including events with Needham, AIM Summit, B Riley, and TD Cowen. The company, which specializes in sustainable data center infrastructure for high-performance computing and bitcoin mining, aims to engage with investors and industry leaders at these events.
TeraWulf Inc. (NASDAQ:WULF) Receives Consensus Recommendation of "Moderate Buy" from Analysts
TeraWulf Inc. (NASDAQ:WULF) has received a "Moderate Buy" consensus recommendation from analysts, with an average one-year target price of $25.31. Despite this positive outlook, the company has seen significant insider selling, including transactions by the CEO and CFO, totaling over $16 million in the last 90 days. TeraWulf operates as a zero-carbon bitcoin miner with high stock volatility and a market capitalization of $9.28 billion.
TeraWulf (Nasdaq:WULF) - Stock Analysis
This report provides a detailed stock analysis of TeraWulf (WULF), an operator of digital infrastructure focusing on Bitcoin mining and high-performance computing. The company is currently unprofitable but forecasts revenue growth of 39.25% per year, transitioning towards AI/HPC. Analysts have varying price targets, with a consensus indicating it is undervalued by 18.6%, and the stock has shown significant volatility and growth over the past year.
