TeraWulf Inc. (WULF)

US — Financial Services Sector
Peers: PIPR  MKTX  HUT  CIFR  RIOT  PFSI  SNEX  VIRT  RJF  MC 

Automate Your Wheel Strategy on WULF

With Tiblio's Option Bot, you can configure your own wheel strategy including WULF - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol WULF
  • Rev/Share 0.3724
  • Book/Share 0.4506
  • PB 35.3756
  • Debt/Equity 2.8731
  • CurrentRatio 0.6551
  • ROIC -0.1033

 

  • MktCap 6236906173.0
  • FreeCF/Share -0.4553
  • PFCF -35.4064
  • PE -46.8209
  • Debt/Assets 0.5761
  • DivYield 0
  • ROE -0.5478

 

  • Rating D+
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation WULF Oppenheimer -- Outperform -- $20 Oct. 28, 2025
Resumed WULF Compass Point -- Buy -- -- Sept. 15, 2025
Initiation WULF Citizens JMP -- Mkt Outperform -- $7 May 22, 2025
Resumed WULF Rosenblatt -- Buy -- $4 April 9, 2025
Initiation WULF Keefe Bruyette -- Market Perform -- -- Jan. 8, 2025

News

WULF Expands HPC Footprint With Fluidstack Pact: What's Ahead?
WULF
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Positive

TeraWulf's new JV with Fluidstack boosts its HPC reach to 510 MW, improving long-term revenue visibility and prospects.

Read More
image for news WULF Expands HPC Footprint With Fluidstack Pact: What's Ahead?
CRCL vs. WULF: Which Crypto-Infrastructure Stock Has an Edge Now?
CRCL, WULF
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Neutral

Circle's expanding USDC network and narrowing losses position it ahead of TeraWulf, which faces rising costs and bitcoin-linked volatility.

Read More
image for news CRCL vs. WULF: Which Crypto-Infrastructure Stock Has an Edge Now?
TeraWulf Inc. Announces Proposed Private Offering of $500 million of Convertible Notes
WULF
Published: October 29, 2025 by: GlobeNewsWire
Sentiment: Neutral

EASTON, Md., Oct. 29, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, low-carbon digital infrastructure, today announced that it intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of convertible senior notes due 2032 (the “Convertible Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

Read More
image for news TeraWulf Inc. Announces Proposed Private Offering of $500 million of Convertible Notes
Is TeraWulf Stock's 31.18X PB Still Worth it? Buy, Sell, or Hold?
WULF
Published: October 23, 2025 by: Zacks Investment Research
Sentiment: Neutral

WULF's lofty valuation and widening losses overshadow gains from new AI and HPC deals, leaving investors wary.

Read More
image for news Is TeraWulf Stock's 31.18X PB Still Worth it? Buy, Sell, or Hold?
Bitfarms, Standard Lithium, Terawulf And Other Big Stocks Moving Lower In Friday's Pre-Market Session
BITF, SLI, WULF
Published: October 17, 2025 by: Benzinga
Sentiment: Negative

U.S. stock futures were lower this morning, with the Dow futures falling more than 200 points on Friday.

Read More
image for news Bitfarms, Standard Lithium, Terawulf And Other Big Stocks Moving Lower In Friday's Pre-Market Session
TeraWulf: High-Impact Business Pivot
WULF
Published: October 15, 2025 by: Seeking Alpha
Sentiment: Positive

TeraWulf is rapidly transitioning into a high-performance computing Data Center provider, benefiting from surging AI-driven CapEx investments. WULF's landmark deal with Fluidstack in August, backed by Google, significantly boosts its revenue backlog and cements its role with Tier 1 hyperscalers. The total value (based off of contracted value) of the Fluidstack deal now sits at $6.7B, following an option exercise shortly after the initial deal.

Read More
image for news TeraWulf: High-Impact Business Pivot
TeraWulf: From Bitcoin Dust To AI Gold
WULF
Published: October 14, 2025 by: Seeking Alpha
Sentiment: Positive

Q2 2025 revenue hit $47.6M (+34% YoY) with $14.5M EBITDA, signaling a shift beyond Bitcoin mining. Fluidstack–Google deal secures $3.7B over 10 years, expandable to $8.7B with added capacity. Google's $3.2B backstop and 14% stake strengthen credit profile and unlock cheaper capital.

Read More
image for news TeraWulf: From Bitcoin Dust To AI Gold
TeraWulf's 'Google Put' Is Groundbreaking
WULF
Published: October 13, 2025 by: Seeking Alpha
Sentiment: Positive

TeraWulf is pivoting from crypto mining to AI/HPC data center infrastructure, securing major deals with Core42 and Google/Fluidstack. TeraWulf's partnerships could generate up to $15.7B in revenue over a decade, with Google backstopping $3.2B in lease obligations and taking a 14% equity stake. Aggressive buildout targets and innovative deal structures position TeraWulf for rapid growth, with analysts forecasting near 100% CAGR in revenue over two years.

Read More
image for news TeraWulf's 'Google Put' Is Groundbreaking
TeraWulf: Bitcoin Miner To HPC Powerhouse - Dip Buying Opportunity Ahead
WULF
Published: October 13, 2025 by: Seeking Alpha
Sentiment: Positive

WULF's timely transition to HPC opportunities has been backed by the insatiable cloud demand and the higher data center related capex trends. This is especially since bitcoin miners face increasingly expensive operations from the April 2024 halving, the volatility arising from cryptocurrency trade, and the reduced supply moving forward. WULF has strategically leveraged its existing infrastructure across low-cost, predominantly zero-carbon power, racks, and cooling systems, along with veteran energy infrastructure management team.

Read More
image for news TeraWulf: Bitcoin Miner To HPC Powerhouse - Dip Buying Opportunity Ahead
The Big 3: WULF, APLD, UUUU
APLD, UUUU, WULF
Published: October 10, 2025 by: Schwab Network
Sentiment: Positive

"Nothing's going to stop this train" when it comes to the A.I. trade, says @Stockstotrade's Tim Bohen.

Read More
image for news The Big 3: WULF, APLD, UUUU
TeraWulf: Riding The AI Wave
WULF
Published: October 09, 2025 by: Seeking Alpha
Sentiment: Neutral

TeraWulf is quickly transitioning from bitcoin mining to a digital infrastructure provider, securing major AI hosting contracts and Google backing. WULF's expanded deal with Fluidstack and a $3.2 billion Google commitment position the company for $760 million in annual revenue and strong cash flow. The company plans to scale power capacity to 1,150 MW by 2030, potentially doubling revenue to $1.5 billion annually as AI infrastructure demand grows.

Read More
image for news TeraWulf: Riding The AI Wave
Can an Expanding Clientele Push WULF Stock's Top-Line Growth?
WULF
Published: September 23, 2025 by: Zacks Investment Research
Sentiment: Positive

TeraWulf secures a $6.7B deal with Fluidstack, backed by Alphabet, as it scales data center capacity and eyes HPC growth.

Read More
image for news Can an Expanding Clientele Push WULF Stock's Top-Line Growth?
Strategy vs. TeraWulf: Which Bitcoin-Focused Stock Has an Edge?
MSTR, WULF
Published: September 19, 2025 by: Zacks Investment Research
Sentiment: Positive

MSTR's bitcoin treasury strength faces off against WULF's mining and HPC growth, two stocks with very different edges.

Read More
image for news Strategy vs. TeraWulf: Which Bitcoin-Focused Stock Has an Edge?
TeraWulf Jumps 90% Year to Date: Buy, Sell, or Hold the Stock?
WULF
Published: September 15, 2025 by: Zacks Investment Research
Sentiment: Positive

WULF gains momentum with a $6.7B Fluidstack deal backed by Alphabet, but high costs and widening losses weigh on the stock's outlook.

Read More
image for news TeraWulf Jumps 90% Year to Date: Buy, Sell, or Hold the Stock?
The Big 4: OPEN, RKT, WULF, IREN
IREN, OPEN, RKT, WULF
Published: September 12, 2025 by: Schwab Network
Sentiment: Neutral

@Stockstotrade's Tim Bohen breaks the format of the Big 3 and gives us four stocks he believes investors need to watch. He says Opendoor (OPEN) still holds potential on a pullback despite its parabolic rally Thursday.

Read More
image for news The Big 4: OPEN, RKT, WULF, IREN
TeraWulf's Bold Moves Transform It Into Top US Data Center Player
WULF
Published: August 22, 2025 by: Benzinga
Sentiment: Positive

As the tech industry continues to evolve, companies like TeraWulf Inc. WULF are strategically positioning themselves to capitalize on emerging opportunities in high-performance computing. This shift is drawing significant attention from investors eager to participate in the expansion of data center capabilities.

Read More
image for news TeraWulf's Bold Moves Transform It Into Top US Data Center Player
What's Next For TeraWulf Stock?
WULF
Published: August 21, 2025 by: Forbes
Sentiment: Positive

TeraWulf (NASDAQ: WULF), a firm previously characterized by the volatile nature of Bitcoin mining, has recently made an impressive shift that has propelled its stock upwards. On August 14, 2025, the company revealed a significant 10-year agreement with AI cloud service provider Fluidstack, a contract that immediately altered its course and investor outlook.

Read More
image for news What's Next For TeraWulf Stock?
TeraWulf Inc. Announces Proposed Private Offering of $400 Million of Convertible Notes
WULF
Published: August 18, 2025 by: GlobeNewsWire
Sentiment: Neutral

EASTON, Md., Aug. 18, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, predominantly zero-carbon digital infrastructure, today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of convertible senior notes due 2031 (the “Convertible Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

Read More
image for news TeraWulf Inc. Announces Proposed Private Offering of $400 Million of Convertible Notes
TeraWulf Announces Fluidstack Expansion with 160 MW CB-5 Lease at Lake Mariner
WULF
Published: August 18, 2025 by: GlobeNewsWire
Sentiment: Neutral

Total Contracted Capacity Increases to Over 360 MW of Critical IT Load Represents $6.7 Billion in Contracted Revenue, with Potential to Reach $16 Billion with Lease Extensions Google Increases Backstop to $3.2 Billion and Stake in TeraWulf to 14% TeraWulf and Fluidstack Engaged in Discussions Regarding Additional Capacity EASTON, Md., Aug. 18, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, predominantly zero-carbon digital infrastructure, today announced that Fluidstack, a premier AI cloud platform, has exercised its option to expand at the Company's Lake Mariner data center campus in …

Read More
image for news TeraWulf Announces Fluidstack Expansion with 160 MW CB-5 Lease at Lake Mariner
TeraWulf Inc. (WULF) Q2 2025 Earnings Call Transcript
WULF
Published: August 17, 2025 by: Seeking Alpha
Sentiment: Neutral

TeraWulf Inc. (NASDAQ:WULF ) Q2 2025 Earnings Conference Call August 14, 2025 8:00 AM ET Company Participants John Paul Larkin - Senior VP & Director of Investor Relations Kerri M. Langlais - Chief Strategy Officer & Executive Director Nazar M.

Read More
image for news TeraWulf Inc. (WULF) Q2 2025 Earnings Call Transcript
TeraWulf: Google-Backed HPC Contract Drives Momentum (Rating Upgrade)
GOOG, GOOGL, WULF
Published: August 15, 2025 by: Seeking Alpha
Sentiment: Positive

TeraWulf's pivot to HPC hosting is proving successful, securing a $3.7B contract with Fluidstack, backed by Google, and building a strong backlog. TeraWulf's asset-light strategy focuses on infrastructure rather than GPU ownership, minimizing depreciation risk and ensuring predictable, high-margin revenue streams. Signed contracts, clear unit economics, and secured power capacity provide strong visibility into future cash flows and support a Buy rating upgrade.

Read More
image for news TeraWulf: Google-Backed HPC Contract Drives Momentum (Rating Upgrade)
TeraWulf Stock Soars 43% on Google-Backed AI Hosting Deal
GOOG, GOOGL, WULF
Published: August 14, 2025 by: Barrons
Sentiment: Positive

As part of the $3.7 billion deal, Google will take a stake in the Bitcoin mining company.

Read More
image for news TeraWulf Stock Soars 43% on Google-Backed AI Hosting Deal
TeraWulf Inc. (WULF) Reports Q2 Loss, Tops Revenue Estimates
WULF
Published: August 08, 2025 by: Zacks Investment Research
Sentiment: Negative

TeraWulf Inc. (WULF) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to a loss of $0.03 per share a year ago.

Read More
image for news TeraWulf Inc. (WULF) Reports Q2 Loss, Tops Revenue Estimates
TeraWulf Inc. (WULF) Expected to Beat Earnings Estimates: Should You Buy?
WULF
Published: August 01, 2025 by: Zacks Investment Research
Sentiment: Positive

TeraWulf (WULF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read More
image for news TeraWulf Inc. (WULF) Expected to Beat Earnings Estimates: Should You Buy?
Wall Street Analysts Believe TeraWulf (WULF) Could Rally 43.25%: Here's is How to Trade
WULF
Published: July 15, 2025 by: Zacks Investment Research
Sentiment: Positive

The average of price targets set by Wall Street analysts indicates a potential upside of 43.3% in TeraWulf (WULF). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Read More
image for news Wall Street Analysts Believe TeraWulf (WULF) Could Rally 43.25%: Here's is How to Trade
Q1-25 Earnings: TeraWulf's Laughably Bad Quarter
WULF
Published: May 09, 2025 by: Seeking Alpha
Sentiment: Negative

TeraWulf's Q1 2025 report shows a 19% YoY revenue decline and a staggering $59.6 million operating loss, driven by excessive stock-based compensation. The company's break-even Bitcoin price soared to an unrealistic $277k per coin, highlighting severe operational inefficiencies and unsustainable cost structures. Despite a 2.7x price to forward sales multiple at $100k BTC, ongoing dilution and poor capital management make TeraWulf a poor investment choice.

Read More
image for news Q1-25 Earnings: TeraWulf's Laughably Bad Quarter
TeraWulf Inc. (WULF) Q1 2025 Earnings Call Transcript
WULF
Published: May 09, 2025 by: Seeking Alpha
Sentiment: Neutral

TeraWulf Inc. (NASDAQ:WULF ) Q1 2025 Earnings Conference Call May 9, 2025 8:00 AM ET Company Participants John Larkin - Senior Vice President, Director of Investor Relations Paul Prager - Co-Founder, Chairman and Chief Executive Officer Patrick Fleury - Chief Financial Officer Nazar Khan - Co-Founder and Chief Technology Officer Conference Call Participants Nick Giles - B. Riley Securities Darren Aftahi - ROTH Capital Partners Mike Grondahl - Northland Capital Markets Brett Knoblauch - Cantor Fitzgerald Brian Dobson - Clear Street Stephen Glagola - JonesTrading John Todaro - Needham & Company Chris Brendler - Rosenblatt Securities Martin Toner - ATB …

Read More
image for news TeraWulf Inc. (WULF) Q1 2025 Earnings Call Transcript
TeraWulf Inc. (WULF) Reports Q1 Loss, Lags Revenue Estimates
WULF
Published: May 09, 2025 by: Zacks Investment Research
Sentiment: Negative

TeraWulf Inc. (WULF) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.02 per share a year ago.

Read More
image for news TeraWulf Inc. (WULF) Reports Q1 Loss, Lags Revenue Estimates
TeraWulf Reports First Quarter 2025 Results
WULF
Published: May 09, 2025 by: GlobeNewsWire
Sentiment: Neutral

Commenced buildout of dedicated HPC data halls and remain on track to deliver 72.5 MW of gross HPC hosting infrastructure to Core42 in 2025.

Read More
image for news TeraWulf Reports First Quarter 2025 Results
TeraWulf: A High-Stakes Q1 For A Miner Evolving Into HPC Hosting
WULF
Published: May 07, 2025 by: Seeking Alpha
Sentiment: Positive

TeraWulf's Q1 earnings report and fiscal year outlook should focus on their strategic shift to hybrid mining, combining Bitcoin mining with HPC hosting for AI hyperscaling. TeraWulf's asset-light approach to HPC hosting, avoiding GPU CapEx and market risks, positions it as a flexible and attractive infrastructure partner. The company's financial flexibility has improved, with significant debt repayment and new funding.

Read More
image for news TeraWulf: A High-Stakes Q1 For A Miner Evolving Into HPC Hosting

About TeraWulf Inc. (WULF)

  • IPO Date 1994-04-05
  • Website https://www.terawulf.com
  • Industry Financial - Capital Markets
  • CEO Paul B. Prager
  • Employees 12

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites located in New York and Pennsylvania. TeraWulf Inc. is based in Easton, Maryland.