TeraWulf Inc. (NASDAQ:WULF – Get Free Report) has received a consensus rating of “Buy” from the seven research firms that are covering the stock, Marketbeat reports. Seven analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $3.66.
Several equities analysts recently weighed in on WULF shares. Rosenblatt Securities assumed coverage on shares of TeraWulf in a research report on Tuesday, April 9th. They set a “buy” rating and a $4.20 price target for the company. Cantor Fitzgerald restated an “overweight” rating and set a $4.00 price target on shares of TeraWulf in a research note on Thursday, March 28th. Compass Point lowered their price target on shares of TeraWulf from $4.50 to $3.50 and set a “buy” rating on the stock in a report on Thursday, March 21st. Finally, B. Riley reduced their price objective on TeraWulf from $4.00 to $3.00 and set a “buy” rating for the company in a report on Friday, April 5th.
Check Out Our Latest Analysis on WULF
Institutional Inflows and Outflows
TeraWulf Stock Up 4.5 %
Shares of TeraWulf stock opened at $1.96 on Friday. TeraWulf has a 1 year low of $0.89 and a 1 year high of $4.04. The stock has a fifty day moving average price of $2.16 and a 200-day moving average price of $1.73.
About TeraWulf
TeraWulf Inc, together with its subsidiaries, operates as a digital asset technology company in the United States. The company develops, owns, and operates bitcoin mining facilities in New York and Pennsylvania. It is also involved in the provision of miner hosting services to third-party entities. The company was founded in 2021 and is headquartered in Easton, Maryland.
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