TeraWulf (NASDAQ:WULF – Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $37.43 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
TeraWulf Trading Down 6.8 %
NASDAQ:WULF opened at $3.68 on Wednesday. TeraWulf has a 12 month low of $1.57 and a 12 month high of $9.30. The business’s 50-day moving average is $5.43 and its 200 day moving average is $5.58.
Wall Street Analysts Forecast Growth
WULF has been the topic of a number of research analyst reports. Cantor Fitzgerald reiterated an “overweight” rating and issued a $11.00 target price on shares of TeraWulf in a research report on Monday, January 6th. Rosenblatt Securities reiterated a “buy” rating and issued a $10.00 target price on shares of TeraWulf in a research report on Monday, January 13th. Atb Cap Markets upgraded TeraWulf to a “strong-buy” rating in a research report on Sunday, January 5th. Needham & Company LLC reiterated a “buy” rating and issued a $9.50 target price on shares of TeraWulf in a research report on Monday, January 13th. Finally, Stifel Canada downgraded TeraWulf from a “strong-buy” rating to a “moderate buy” rating in a research report on Tuesday, October 29th. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $8.64.
TeraWulf Company Profile
TeraWulf Inc, together with its subsidiaries, operates as a digital asset technology company in the United States. The company develops, owns, and operates bitcoin mining facilities in New York and Pennsylvania. It is also involved in the provision of miner hosting services to third-party entities. The company was founded in 2021 and is headquartered in Easton, Maryland.
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