In the last trading session, 47.38 million TeraWulf Inc (NASDAQ:WULF) shares changed hands as the company’s beta touched 2.71. With the company’s per share price at $4.08 changed hands at -$0.42 or -9.33% during last session, the market valuation stood at $1.57B. WULF’s last price was a discount, traded about -127.94% off its 52-week high of $9.30. The share price had its 52-week low at $1.57, which suggests the last value was 61.52% up since then.
Analysts gave the TeraWulf Inc (WULF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.20. 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 red as seen at the end of in last trading. With action -16.56%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -27.92%, with the 5-day performance at -16.56% in the red. However, in the 30-day time frame, TeraWulf Inc (NASDAQ:WULF) is -34.51% down.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need an upside of 59.2% 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 -169.61% plunge from its current level, while the stock would need to soar -47.06% for it to hit the projected low.
TeraWulf Inc (WULF) estimates and forecasts
Year-over-year growth is forecast to reach 106.22% 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 37.43M. 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 60.76%. The estimates for the next quarter sales put growth at 32.90%.
The 2025 estimates are for TeraWulf Inc earnings to increase by 56.27%.
TeraWulf Inc (NASDAQ:WULF)’s Major holders
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 $42.2 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 $27.14 million.
