In the last trading session, 31.71 million shares of the TeraWulf Inc (NASDAQ:WULF) were traded, and its beta was 2.59. Most recently the company’s share price was $4.03, and it changed around -$0.37 or -8.41% from the last close, which brings the market valuation of the company to $1.54B. WULF currently trades at a discount to its 52-week high of $6.51, offering almost -61.54% off that amount. The share price’s 52-week low was $0.89, which indicates that the current value has risen by an impressive 77.92% since then. We note from TeraWulf Inc’s average daily trading volume that its 10-day average is 21.02 million shares, with the 3-month average coming to 19.82 million.

TeraWulf Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended WULF as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. TeraWulf Inc is expected to report earnings per share of -0.03 for the current quarter.

TeraWulf Inc (NASDAQ:WULF) trade information

Instantly WULF has showed a red trend with a performance of -8.41% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.86 on recent trading dayincreased the stock’s daily price by 17.08%. The company’s shares are currently up 67.92% year-to-date, but still down -13.89% over the last five days. On the other hand, TeraWulf Inc (NASDAQ:WULF) is 8.19% up in the 30-day period. We can see from the shorts that 41.79 million shares have been sold at a short interest cover period of 2.13 day(s).

The consensus price target as assigned by Wall Street analysts is $6, which translates to bulls needing to increase their stock price by 32.83% from its current value. Analyst projections state that WULF is forecast to be at a low of $3 and a high of $10.

TeraWulf Inc (WULF) estimates and forecasts

TeraWulf Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 80.72 percent over the past six months and at a 68.57% annual growth rate that is well above the industry average of 8.00%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 66.70% in revenue this quarter, and will report an increase of 66.70% in the next quarter. The year-over-year growth rate is expected to be 127.60%, up from the previous year.

Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 34.53M in revenue for the current quarter. 7 analysts expect TeraWulf Inc to make 45.04M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 93.40%.

WULF Dividends

TeraWulf Inc’s next quarterly earnings report is expected to be released in November.

TeraWulf Inc (NASDAQ:WULF)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 26.21% of TeraWulf Inc shares, and 45.17% of them are in the hands of institutional investors. The stock currently has a share float of 61.22%. TeraWulf Inc stock is held by 258.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.7196% of the shares, which is about 19.53 million shares worth $86.9 million.

BLACKROCK INC., with 6.2628% or 18.2 million shares worth $80.99 million as of 2024-06-30, holds the second largest percentage of outstanding shares.