TeraWulf Inc. (WULF)

NASDAQ: WULF · IEX Real-Time Price · USD
2.630
-0.070 (-2.59%)
At close: Mar 28, 2024, 4:00 PM
2.560
-0.070 (-2.66%)
After-hours: Mar 28, 2024, 7:59 PM EDT
-2.59%
Market Cap 794.88M
Revenue (ttm) 69.23M
Net Income (ttm) -74.50M
Shares Out 302.24M
EPS (ttm) -0.35
PE Ratio n/a
Forward PE 138.11
Dividend n/a
Ex-Dividend Date n/a
Volume 33,127,294
Open 2.770
Previous Close 2.700
Day's Range 2.590 - 2.930
52-Week Range 0.750 - 4.040
Beta 3.86
Analysts Strong Buy
Price Target 3.75 (+42.59%)
Earnings Date Mar 19, 2024

About WULF

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. [Read more]

Industry Capital Markets
Sector Financials
IPO Date Jul 24, 1995
Employees 10
Stock Exchange NASDAQ
Ticker Symbol WULF
Full Company Profile

Financial Performance

In 2023, TeraWulf's revenue was $69.23 million, an increase of 360.51% compared to the previous year's $15.03 million. Losses were -$74.50 million, -18.65% less than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for WULF stock is "Strong Buy." The 12-month stock price forecast is $3.75, which is an increase of 42.59% from the latest price.

Price Target
$3.75
(42.59% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

TeraWulf Reports Fourth Quarter and Full Year 2023 Results

Annual Revenue Grows 360% Year-Over-Year; Annual BTC Self-Mined Increases 550% to 3,407 Reports Realized Cost of Power of 3.2 Cents Per Kilowatt Hour in 2023, Outperforming Company Guidance of 3.5 Cen...

9 days ago - GlobeNewsWire

TeraWulf Schedules Conference Call for Fourth Quarter and Full Year 2023 Financial Results

EASTON, Md., March 14, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by...

14 days ago - GlobeNewsWire

TeraWulf Reaffirms Business as Usual at the Nautilus Facility Amid Talen's Sale of Data Center Campus

Announces Exercise of Option to Expand at Nautilus Highlights Value of Over 300 MW of Available Digital Infrastructure Capacity at Lake Mariner Facility EASTON, Md., March 04, 2024 (GLOBE NEWSWIRE) --...

24 days ago - GlobeNewsWire

TeraWulf Announces February 2024 “Leap Month” Production and Operations Update

7.9 EH/s of installed and operational self-mining capacity Building 4 (35 MW) at Lake Mariner advancing construction, providing path to 10 EH/s by mid-2024 EASTON, Md., March 04, 2024 (GLOBE NEWSWIRE)...

24 days ago - GlobeNewsWire

TeraWulf Announces January 2024 Production and Operations Update: 7.1 EH/s and Counting

Achieved 7.1 EH/s of self-mining in January with Building 3 (45 MW) at Lake Mariner fully energized Expected to reach 7.9 EH/s of owned hashrate in early February as additional S19j XPs are deployed B...

7 weeks ago - GlobeNewsWire

TeraWulf Announces Appointment of New Independent Directors to the Board

EASTON, Md., Jan. 12, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by ...

2 months ago - GlobeNewsWire

TeraWulf Announces December 2023 Production and Operations Updates

Self-mined 334 BTC in December for a total of 3,401 BTC mined year-to-date Building 3 at Lake Mariner operationally ready with deployment of 18,500 S19j XP miners expected in February 2024 Planning fo...

3 months ago - GlobeNewsWire

TeraWulf Reports Fully Funded 7.9 EH/s and Future Expansion Plans

Fully funded 7.9 EH/s, increasing self-mining capacity by 58% Building 3 at the Lake Mariner facility now fully operational Planning for additional growth with construction of Building 4 already under...

3 months ago - GlobeNewsWire

TeraWulf Announces November 2023 Production and Operations Updates

Self-mined 323 BTC in November for a total of 3,067 BTC self-mined year-to-date. Increased total capacity participating in demand response programs at the Lake Mariner facility.

4 months ago - GlobeNewsWire

TeraWulf Reports Third Quarter 2023 Financial Results

Revenue of $19.0 million in  Q3 2023, an increase of 22.6% over Q2 2023, on a total installed hashrate of 5.5 EH/s.

4 months ago - GlobeNewsWire

TeraWulf Announces October 2023 Production and Operations Updates

Self-mined 314 BTC in October for a total of 2,744 BTC mined year-to-date. Continued to participate in multiple demand response programs at the Lake Mariner facility.

5 months ago - GlobeNewsWire

TeraWulf Schedules Conference Call for Third Quarter 2023 Financial Results

EASTON, Md., Nov. 01, 2023 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a U.S.-based, vertically integrated bitcoin mining company powered by more than 91% zero-carb...

5 months ago - GlobeNewsWire

TeraWulf Announces September 2023 Production and Operations Updates

Self-mined 329 BTC in September for total of 989 BTC in Q3 2023 and 2,430 BTC mined year-to-date. Generated approx.

6 months ago - GlobeNewsWire

TeraWulf Announces Participation in Upcoming Industry Events

EASTON, Md., Sept. 20, 2023 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by...

6 months ago - GlobeNewsWire

TeraWulf Announces August 2023 Production and Operations Updates

Self-mined 330 BTC in August for a total of 2,101 BTC mined year to date. Continued to participate in multiple demand response programs at the Lake Mariner facility.

7 months ago - GlobeNewsWire

TeraWulf Reports Second Quarter 2023 Results Financial Results

Increased hashrate capacity by 67% in Q2 2023 to 5.5 EH/s as of June 30, 2023. Self-mined 908 Bitcoin in Q2 2023, an increase of 70% over the Bitcoin self-mined in Q1 2023.

8 months ago - GlobeNewsWire

TeraWulf Schedules Conference Call for Second Quarter 2023 Financial Results

Earnings Conference Call and Webcast Set for August 14, 2023, at 8:30 a.m. ET Earnings Conference Call and Webcast Set for August 14, 2023, at 8:30 a.m. ET

8 months ago - GlobeNewsWire

TeraWulf Announces July 2023 Production and Operations Updates

- Delivered the highest monthly self-mining revenue in WULF history -Self-mined 330 BTC in July for a total of 1,771 BTC mined year to date -Strategically participated in several demand response event...

8 months ago - GlobeNewsWire

TeraWulf Announces 7.9 EH/s Expansion Plan and Associated Purchase of 18,500 S19j XP Bitcoin Miners from BITMAIN

Increases self-mining by 58% to 7.9 EH/s and over 200 MW of capacity by year end 2023 Creates one of the most efficient and profitable mining fleets in the sector by combining a fleet efficiency of 25...

9 months ago - GlobeNewsWire

TeraWulf Announces June 2023 Production and Operations Updates

Increased hashrate capacity by 25% month-over-month to 5.5 EH/s as of June 30, 2023 Self-mined 347 BTC in June, an 8% increase over May, for a total of 909 BTC mined in 2Q 2023 and 1,441 BTC year to d...

9 months ago - GlobeNewsWire

TeraWulf Achieves 5.5 EH/s and 160 MW of Bitcoin Mining Capacity

Industry-leading power cost of approximately $6.2k per bitcoin produced in May 2023 Near-term ability to expand capacity by up to 150 MW at existing sites Proprietary Bitcoin mining fleet powered by m...

10 months ago - GlobeNewsWire

TeraWulf Announces May 2023 Production and Operations Updates

Self-mined 323 BTC in May, a 35% increase over April, for a total of 1,094 BTC mined year to date. Increased hash rate capacity by over 13% month-over-month to 4.4 EH/s as of May 31, 2023.

10 months ago - GlobeNewsWire

TeraWulf to Present at LD Micro Invitational XIII Conference on June 6, 2023

EASTON, Md., May 31, 2023 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), owner and operator of vertically integrated, domestic Bitcoin mining facilities powered by mor...

10 months ago - GlobeNewsWire

TeraWulf Announces First Quarter 2023 Results and Provides Operational Updates

Increased hashrate capacity by 65% in Q1 2023 to 3.3 EH/s as of March 31, 2023. Self-mined 533 Bitcoin in Q1 2023, an increase of 38% over the Bitcoin self-mined in Q4 2022.

11 months ago - GlobeNewsWire

TeraWulf Announces April 2023 Production and Operations Updates

EASTON, Md.--(BUSINESS WIRE)--TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), owners and operators of vertically integrated, domestic bitcoin mining facilities powered by more than 91% zer...

11 months ago - Business Wire