In the last trading session, 30.38 million shares of the TeraWulf Inc (NASDAQ:WULF) were traded, and its beta was 2.74. Most recently the company’s share price was $3.20, and it changed around -$0.01 or -0.31% from the last close, which brings the market valuation of the company to $1.23B. WULF currently trades at a discount to its 52-week high of $9.30, offering almost -190.62% off that amount. The share price’s 52-week low was $1.82, which indicates that the current value has risen by an impressive 43.12% since then. We note from TeraWulf Inc’s average daily trading volume that its 10-day average is 35.91 million shares, with the 3-month average coming to 42.26 million.
TeraWulf Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.20. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 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 -0.06 for the current quarter.
TeraWulf Inc (NASDAQ:WULF) trade information
Instantly WULF has showed a red trend with a performance of -0.31% 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 3.38 on recent trading dayincreased the stock’s daily price by 5.33%. The company’s shares are currently down -43.46% year-to-date, but still down -1.84% over the last five days. On the other hand, TeraWulf Inc (NASDAQ:WULF) is -28.89% down in the 30-day period. We can see from the shorts that 81.85 million shares have been sold at a short interest cover period of 1.64 day(s).
The consensus price target as assigned by Wall Street analysts is $10, which translates to bulls needing to increase their stock price by 68.0% from its current value. Analyst projections state that WULF is forecast to be at a low of $9 and a high of $11.
TeraWulf Inc (WULF) estimates and forecasts
The year-over-year growth rate is expected to be 78.18%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 47.69M in revenue for the current quarter. 7 analysts expect TeraWulf Inc to make 61.17M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 42.43M and 35.57M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 12.39%. Forecasts for the next quarter put sales growth at 71.94%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 12.89%.
WULF Dividends
TeraWulf Inc’s next quarterly earnings report is expected to be released on 2025-Feb-27.
TeraWulf Inc (NASDAQ:WULF)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 28.39% of TeraWulf Inc shares, and 51.19% of them are in the hands of institutional investors. The stock currently has a share float of 71.48%. TeraWulf Inc stock is held by 349.0 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.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 9.58 shares worth $30.65 million, making up 2.50% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 7.25 shares worth around $23.21 million, which represents about 1.89% of the total shares outstanding.
