In the last trading session, 53.57 million TeraWulf Inc (NASDAQ:WULF) shares changed hands as the company’s beta touched 2.61. With the company’s per share price at $5.01 changed hands at $0.24 or 5.03% during last session, the market valuation stood at $1.93B. WULF’s last price was a discount, traded about -85.63% off its 52-week high of $9.30. The share price had its 52-week low at $1.55, which suggests the last value was 69.06% up since then. When we look at TeraWulf Inc’s average trading volume, we note the 10-day average is 61.38 million shares, with the 3-month average coming to 33.24 million.
Analysts gave the TeraWulf Inc (WULF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.18. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended WULF as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. TeraWulf Inc’s EPS for the current quarter is expected to be -0.03.
TeraWulf Inc (NASDAQ:WULF) trade information
Instantly WULF was in green as seen at the end of in last trading. With action 13.09%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -11.48%, with the 5-day performance at 13.09% in the green. However, in the 30-day time frame, TeraWulf Inc (NASDAQ:WULF) is -11.48% down. Looking at the short shares, we see there were 66.76 million shares sold at short interest cover period of 2.21 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need an upside of 49.9% from its current market value. According to analyst projections, WULF’s forecast low is 6 with 11 as the target high. To hit the forecast high, the stock’s price needs a -119.56% plunge from its current level, while the stock would need to soar -19.76% for it to hit the projected low.
TeraWulf Inc (WULF) estimates and forecasts
Data shows that the TeraWulf Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 21.90% over the past 6 months, a 54.29% in annual growth rate that is considerably higher than the industry average of 12.00%. Year-over-year growth is forecast to reach 106.06% up from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 37.39M. 7 analysts are of the opinion that TeraWulf Inc’s revenue for the current quarter will be 56.39M. The company’s revenue for the corresponding quarters a year ago was 23.29M and 42.43M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 60.59%. The estimates for the next quarter sales put growth at 32.90%.
The 2025 estimates are for TeraWulf Inc earnings to increase by 63.50%.
WULF Dividends
TeraWulf Inc is expected to release its next quarterly earnings report in March.
TeraWulf Inc (NASDAQ:WULF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 28.19% of TeraWulf Inc shares while 46.54% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 64.81%. There are 46.54% institutions holding the TeraWulf Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 6.7196% of the shares, roughly 19.53 million WULF shares worth $86.9 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.2628% or 18.2 million shares worth $80.99 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 10.34 shares estimated at $51.81 million under it, the former controlled 2.68% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.72% of the shares, roughly 6.65 shares worth around $33.33 million.
