TeraWulf Inc (NASDAQ:WULF) has a beta value of 3.13 and has seen 40.92 million shares traded in the last trading session. The company, currently valued at $1.37B, closed the last trade at $3.57 per share which meant it lost -$0.17 on the day or -4.55%% during that session. The WULF stock price is -160.5% off its 52-week high price of $9.30 and 42.3% above the 52-week low of $2.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 41.07 million shares traded. The 3-month trading volume is 38.80 million shares.
The consensus among analysts is that TeraWulf Inc (WULF) is Buy stock at the moment, with a recommendation rating of 1.17. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.07.
TeraWulf Inc (NASDAQ:WULF) trade information
Sporting -4.55%% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the WULF stock price touched $3.57 or saw a rise of 18.86%. Year-to-date, TeraWulf Inc shares have moved -20.84%, while the 5-day performance has seen it change -11.19%. Over the past 30 days, the shares of TeraWulf Inc (NASDAQ:WULF) have changed -8.70%. Short interest in the company has seen 95.12 million shares shorted with days to cover at 2.4.
Wall Street analysts have a consensus price target for the stock at $9, which means that the shares’ value could jump 60.33% from current levels. The projected low price target is $9.0 while the price target rests at a high of $9.0. In that case, then, we find that the current price level is -152.1% off the targeted high while a plunge would see the stock gain -152.1% from current levels.
TeraWulf Inc (WULF) estimates and forecasts
The company’s shares have lost -56.46% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 43.65%.
10 analysts offering their estimates for the company have set an average revenue estimate of 46.3M for the current quarter. 10 have an estimated revenue figure of 53.21M for the next ending quarter. Year-ago sales stood 35.57M and 27.06M respectively for this quarter and the next, and analysts expect sales will grow by 30.15% for the current quarter and 43.65% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 12.89% over the past 5 years.
WULF Dividends
TeraWulf Inc is expected to release its next earnings report on 2025-May-09 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
TeraWulf Inc (NASDAQ:WULF)’s Major holders
Insiders own 26.82% of the company shares, while shares held by institutions stand at 53.89% with a share float percentage of 73.65%. Investors are also buoyed by the number of investors in a company, with TeraWulf Inc having a total of 363.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 19.53 million shares worth more than $86.9 million. As of 2024-06-30, VANGUARD GROUP INC held 5.7322% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 18.2 million shares as of 2024-06-30. The firm’s total holdings are worth over $80.99 million and represent 5.3425% of shares outstanding.
