During the last session, TeraWulf Inc (NASDAQ:WULF)’s traded shares were 37.21 million, with the beta value of the company hitting 2.72. At the end of the trading day, the stock’s price was $4.85, reflecting an intraday gain of 1.89% or $0.09. The 52-week high for the WULF share is $9.30, that puts it down -91.75 from that peak though still a striking 67.63% gain since the share price plummeted to a 52-week low of $1.57. The company’s market capitalization is $1.87B, and the average intraday trading volume over the past 10 days was 46.18 million shares, and the average trade volume was 34.19 million shares over the past three months.
TeraWulf Inc (WULF) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.18. WULF has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.03.
TeraWulf Inc (NASDAQ:WULF) trade information
TeraWulf Inc (WULF) registered a 1.89% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.89% in intraday trading to $4.85, hitting a weekly high. The stock’s 5-day price performance is -4.34%, and it has moved by -6.73% in 30 days. Based on these gigs, the overall price performance for the year is 120.45%. The short interest in TeraWulf Inc (NASDAQ:WULF) is 71.77 million shares and it means that shorts have 1.52 day(s) to cover.
The consensus price target of analysts on Wall Street is $10, which implies an increase of 51.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $11 respectively. As a result, WULF is trading at a discount of -126.8% off the target high and -23.71% off the low.
TeraWulf Inc (WULF) estimates and forecasts
In the rating firms’ projections, revenue will increase 106.22% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 37.43M as predicted by 8 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 56.39M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 23.29M and 42.43M respectively. In this case, analysts expect current quarter sales to grow by 60.76% and then jump by 32.90% in the coming quarter.
While earnings are projected to return 62.93% in 2025.
WULF Dividends
TeraWulf Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
TeraWulf Inc (NASDAQ:WULF)’s Major holders
TeraWulf Inc insiders own 28.19% of total outstanding shares while institutional holders control 48.35%, with the float percentage being 67.34%. VANGUARD GROUP INC is the largest shareholder of the company, while 317.0 institutions own stock in it. As of 2024-06-30, the company held over 19.53 million shares (or 6.7196% of all shares), a total value of $86.9 million in shares.
The next largest institutional holding, with 18.2 million shares, is of BLACKROCK INC.’s that is approximately 6.2628% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $80.99 million.
Also, the Mutual Funds coming in first place with the largest holdings of TeraWulf Inc (WULF) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 10.34 shares. This amounts to just over 2.68 percent of the company’s overall shares, with a $50.16 million market value. The same data shows that the other fund manager holds slightly less at 6.65, or about 1.72% of the stock, which is worth about $32.26 million.
