
Terawulf (WULF) Stock Forecast & Price Target
Terawulf (WULF) Analyst Ratings
Bulls say
TeraWulf Inc. has shown impressive growth, with FY24 projected revenues of $140.1 million, representing a significant 102% increase from $69.2 million in FY23, underscoring a strong upward trajectory. The company also achieved a remarkable 94% year-over-year increase in self-mining capacity, producing 2,728 Bitcoin and reaching a hash rate of 9.7 EH/s while anticipating further growth to 13.1 EH/s. Additionally, TeraWulf's strategic expansion into high-performance computing (HPC) hosting, highlighted by securing over 70 MW in data center lease agreements, positions the company favorably within the digital asset infrastructure sector.
Bears say
TeraWulf Inc. reported a significant 24% decline in bitcoin production in the fourth quarter, translating to only 423 bitcoins mined compared to 555 in the previous quarter, which raises concerns regarding the company's operational efficiency amid rising network difficulty and energy pricing dynamics. The company also revised its revenue expectations for the upcoming quarter to $45 million, down from a prior estimate of $60 million, and it reported a Non-GAAP EPS of ($0.14), which missed the consensus estimate of ($0.03). Furthermore, reliance on advanced mining technology and equipment, coupled with potential energy price fluctuations, poses additional risks to TeraWulf's profitability and overall financial performance.
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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