TeraWulf Inc (NASDAQ: WULF) Gain Of 80.18% Compared To 52-Week Low; YTD Rise 87.29% – What Should You Do Now?

TeraWulf Inc (NASDAQ:WULF)’s traded shares stood at 4.28 million during the latest session, with the company’s beta value hitting 2.57. At the last check today, the stock’s price was $4.49, to imply an increase of 1.70% or $0.07 in intraday trading. The WULF share’s 52-week high remains $6.51, putting it -44.99% down since that peak but still an impressive 80.18% since price per share fell to its 52-week low of $0.89. The company has a valuation of $1.72B, with an average of 15.42 million shares in intraday trading volume over the past 10 days and average of 21.41 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for TeraWulf Inc (WULF), translating to a mean rating of 1.00. Of 4 analyst(s) looking at the stock, 0 analyst(s) give WULF a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.03.

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TeraWulf Inc (NASDAQ:WULF) trade information

After registering a 1.70% upside in the latest session, TeraWulf Inc (WULF) has traded red over the past five days. The 5-day price performance for the stock is 6.77%, and 35.80% over 30 days. With these gigs, the year-to-date price performance is 87.29%. Short interest in TeraWulf Inc (NASDAQ:WULF) saw shorts transact 44.54 million shares and set a 2.3 days time to cover.

The extremes give us $3 and $10 for target low and target high price respectively. As such, WULF has been trading -122.72% off suggested target high and 33.18% from its likely low.

TeraWulf Inc (WULF) estimates and forecasts

Looking at statistics comparing TeraWulf Inc share performance against respective industry, we note that the company has outperformed competitors. TeraWulf Inc (WULF) shares are 158.33% up over the last 6 months, with its year-to-date growth rate higher than industry average at 68.57% against 8.70%. Revenue is forecast to grow 66.70% this quarter before jumping 66.70% for the next one. The rating firms project that company’s revenue will grow 127.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 34.88M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 44.66M.

WULF Dividends

TeraWulf Inc has its next earnings report out on 2024-Nov-11. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

TeraWulf Inc (NASDAQ:WULF)’s Major holders

TeraWulf Inc insiders hold 26.47% of total outstanding shares, with institutional holders owning 45.23% of the shares at 61.52% float percentage. In total, 45.23% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 19.53 million shares (or 6.7196% of shares), all amounting to roughly $86.9 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 18.2 million shares, or about 6.2628% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $80.99 million.