During the last session, TeraWulf Inc (NASDAQ:WULF)’s traded shares were 37.83 million, with the beta value of the company hitting 3.13. At the end of the trading day, the stock’s price was $3.84, reflecting an intraday loss of -2.78% or -$0.11. The 52-week high for the WULF share is $9.30, that puts it down -142.19 from that peak though still a striking 46.35% gain since the share price plummeted to a 52-week low of $2.06. The company’s market capitalization is $1.48B, and the average intraday trading volume over the past 10 days was 44.94 million shares, and the average trade volume was 38.49 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 1.17. 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 -0.07.
TeraWulf Inc (NASDAQ:WULF) trade information
TeraWulf Inc (WULF) registered a -2.78% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.78% in intraday trading to $3.84, hitting a weekly high. The stock’s 5-day price performance is -12.93%, and it has moved by -4.00% in 30 days. Based on these gigs, the overall price performance for the year is -2.04%. The short interest in TeraWulf Inc (NASDAQ:WULF) is 95.12 million shares and it means that shorts have 2.4 day(s) to cover.
The consensus price target of analysts on Wall Street is $9, which implies an increase of 57.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $9 respectively. As a result, WULF is trading at a discount of -134.38% off the target high and -134.38% off the low.
TeraWulf Inc (WULF) estimates and forecasts
In the rating firms’ projections, revenue will increase 43.65% 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 46.3M as predicted by 10 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 53.21M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 35.57M and 27.06M respectively. In this case, analysts expect current quarter sales to grow by 30.15% and then jump by 96.64% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 12.89%. While earnings are projected to return -60.85% in 2025.
WULF Dividends
TeraWulf Inc is due to release its next quarterly earnings on 2025-May-09. 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 26.82% of total outstanding shares while institutional holders control 53.89%, with the float percentage being 73.65%. VANGUARD GROUP INC is the largest shareholder of the company, while 363.0 institutions own stock in it. As of 2024-06-30, the company held over 19.53 million shares (or 5.7322% 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 5.3425% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $80.99 million.
