11 stories mentioning WULF
Every FINWIRES story that references WULF, newest first.
TeraWulf (WULF) has an average rating of buy and mean price target of $35.42, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
TeraWulf (WULF) has an average rating of buy and mean price target of $35.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Paul B. Prager, Director, Chief Executive Officer, on May 26, 2026, sold 333,300 shares in Terawulf (WULF) for $8,389,969. Following the Form 4 filing with the SEC, Prager has control over a total of 40,645,445 common shares of the company, with 1,761,479 shares held directly and 38,883,966 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1083301/000108330126000112/xslF345X05/wk-form4_1780017502.xml
TeraWulf (WULF) acquisition of a 1-gigawatt data-center site in eastern Kentucky lifts its total development inventory to 3.8GW and reflects a creative structure backed by American Electric Power (AEP) that introduces regulatory and construction complexity, Oppenheimer said Tuesday in a report.A new customer for TeraWulf's 400-megawatt western Kentucky site is expected to be announced soon, with that location potentially expanding by another 1GW, the report said. At 3.8GW of capacity, TeraWulf trades at about $4 million per megawatt versus peers at roughly $5 million, and Oppenheimer estimates each megawatt could generate $10 million in equity value once completed.TeraWulf is targeting 500MW by H2 2028 and the remaining 500MW by H2 2030 at the new eastern Kentucky site, with AEP guaranteeing power delivery, Oppenheimer said. Capital needs and construction execution remain the primary risks, the report said.Oppenheimer maintained its outperform rating on TeraWulf stock with a $35 price target.Price: $25.63, Change: $+0.45, Percent Change: +1.79%
Bitcoin mining companies are benefiting from growing demand from artificial intelligence firms that are willing to pay higher premiums for quick access to power infrastructure, particularly for data center development, Morgan Stanley said in a note emailed Tuesday.The bank said it maintained a positive view of TeraWulf's (WULF) Bitcoin-to-data-center conversion strategy, and that its valuation update was driven by stronger operating margin assumptions and updated loan-to-cost financing data. The company also continues to meet operational milestones, including delivering 60 megawatts of Core42 IT capacity at Lake Mariner, the firm added.Cipher Mining (CIFR) continues to be viewed as one of the stronger Bitcoin-to-data-center conversion companies, supported by signed leases, visible development progress, and expanding power capacity, Morgan Stanley said, adding that the $2.06 billion Stingray contract was incorporated into the valuation.While MARA (MARA) continues to make strategic progress through initiatives like the Starwood joint venture and the Long Ridge acquisition, its valuation remains more sensitive to Bitcoin price movements and mining economics than peers such as TeraWulf or Cipher Mining, the bank added."We are seeing signs of increasing willingness among key AI players to pay higher 'time to power' premia in the form of increasingly rich economics to Bitcoin companies to utilize their power access to serve [data center] developers," the bank said.Morgan Stanley raised its price targets for TeraWulf to $42 from $41.50 and Cipher Mining to $42.50 from $40.50, while lowering the price target for MARA to $7 from $8.50.Price: $18.11, Change: $-1.02, Percent Change: -5.31%
TeraWulf (WULF) has an average rating of buy and mean price target of $30.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
TeraWulf (WULF) has an average rating of buy and mean price target of $30.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Paul B. Prager, Director, Chief Executive Officer, on April 27, 2026, sold 216,700 shares in Terawulf (WULF) for $4,492,945. Following the Form 4 filing with the SEC, Prager has control over a total of 40,101,586 common shares of the company, with 884,320 shares held directly and 39,217,266 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1083301/000108330126000079/xslF345X05/wk-form4_1777424338.xml
TeraWulf (WULF) and Cipher (CIFR) have significant base case upside as bitcoin-to-data-center conversion valuations are looking "increasingly attractive," Morgan Stanley said in a Monday note on Bitcoin mining companies.TeraWulf is set to drive growth upside as its expanded power volumes in its Maryland and Kentucky sites enable it to further develop data center capacity for artificial intelligence firms, Morgan Stanley analysts said. They noted that the company continues to close deals for building and leasing powered facilities for big AI players, including Alphabet's (GOOG, GOOGL) Google.The company's Q1 financial results show the significant progress in its conversion plans, with over half of its revenue coming from high-performance computing hosting, with more compute capacity expected to come online in Q2 and throughout the rest of the year, according to the note.The upward revision in TeraWulf's valuation comes from about $4 billion in extra value generated by the acquisition of additional megawatts of power capacity, partially offset by around a $600 million reduction in cash committed to building out new sites, the note said.Morgan Stanley kept the company's stock rating at overweight and raised the price target to $41.50 from $37.Price: $20.23, Change: $+0.23, Percent Change: +1.15%
US equity futures were mostly unchanged pre-bell Wednesday as traders continue to be optimistic on the possibility of a US-Iran agreement being finalized soon.Dow Jones Industrial Average futures were up 0.1%, S&P 500 futures were flat, while Nasdaq futures were down 0.1%.Negotiations between the US and Iran could resume as early as this week, with the New York Post quoting President Donald Trump as saying it could happen "over the next two days."Traders digested earnings from Bank of America (BAC) and Morgan Stanley (MS), which posted higher Q1 earnings and revenue. Progressive (PGR) also reported higher Q1 net income and net premiums earned.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.6% at $95.39 per barrel and US West Texas Intermediate crude 0.4% higher at $91.64 per barrel.The April Empire State manufacturing index, released at 8:30 am ET, came in at 11.0, up from negative 0.2 in March and above estimates compiled by Bloomberg for a reading of 0.0.The March import price index, released at 8:30 am ET, showed a 0.8% month-over-month increase, falling short of estimates compiled by Bloomberg for a 2.3% gain. Export prices increased 1.6%, slightly higher than expectations for a 1.5% gain.The April US housing market index, slated for 10 am ET, is seen coming in at 37 versus 38 previously.In other world markets, Japan's Nikkei closed 0.4% higher, Hong Kong's Hang Seng ended 0.3% higher, and China's Shanghai Composite finished flat. Meanwhile, the UK's FTSE 100 was up 0.1%, and Germany's DAX index was also 0.1% higher in Europe's early afternoon session.In equities, Bank of America shares were up 1.6%, while Morgan Stanley stock was 2.8% higher. Snap (SNAP) shares were up 7.6% after the company said it planned to cut around 16% of its global workforce, or roughly 1,000 employees.On the losing side, Terawulf (WULF) shares were down 4.7% after the company said late Tuesday that it priced a public offering of 47.4 million shares at $19 each for gross proceeds of about $900 million. BRP (DOO) stock was 26% lower after the company overnight said it suspended its fiscal 2027 guidance following a recent amendment to US rules for tariffs on steel, aluminum, and copper imports.
TeraWulf (WULF) reported preliminary Q1 revenue late Tuesday of $30 million to $35 million and adjusted EBITDA of breakeven to $3 million.Analysts polled by FactSet expect revenue of $37.5 million and EBITDA of $7.6 million.Separately, the company announced an $800 million offering of common shares with underwriters granted a 30-day option to buy up to an additional $120 million in stock.Net proceeds will be used in part to finance a portion of the construction of a data center at its site in Hawesville, Kentucky.TeraWulf shares fell 7.3% in after-hours trading.