
Terawulf (WULF) Stock Forecast & Price Target
Terawulf (WULF) Analyst Ratings
Bulls say
TeraWulf Inc has demonstrated a robust financial trajectory, reporting a fiscal year 2024 revenue of $140.1 million, which marks a substantial 102% increase from $69.2 million in fiscal year 2023. The company has effectively increased its bitcoin mining capacity, expanding from 110 MW in 2023 to a projected 195 MW by year-end 2024, while achieving a notable hash rate improvement from 9.7 EH/s to an anticipated 13.1 EH/s as new miners are deployed. Additionally, the year saw TeraWulf successfully self-mine 2,728 Bitcoin, reflecting a 94% year-over-year growth in installed self-mining capacity, positioning the company favorably within the sustainable energy-driven segment of the digital asset market.
Bears say
TeraWulf's recent financial performance has demonstrated significant declines, as the company mined 423 Bitcoin in the fourth quarter, reflecting a 24% drop from the previous quarter's 555 Bitcoin, which is attributed to rising network difficulty and energy pricing dynamics. Furthermore, the company's revenue forecast for Q1 has been reduced to $45 million, down from an initial estimate of $60 million, while the reported non-GAAP EPS for the fourth quarter significantly missed consensus estimates, resulting in a negative EPS of ($0.14). These factors, combined with the company's reliance on maintaining efficiency through advanced mining technology and vulnerability to energy price fluctuations, contribute to a challenging outlook for TeraWulf's financial stability and growth prospects.
This aggregate rating is based on analysts' research of Terawulf and is not a guaranteed prediction by Public.com or investment advice.
Terawulf (WULF) Analyst Forecast & Price Prediction
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