WULFWULFFinancial Services · Capital Markets

WULF Stock Forecast: TeraWulf, Inc. Price Predictions for 2026-2027

Last close, 4 Nov 2026
$12
−6.62% on the day

The 25 Wall Street analysts covering TeraWulf, Inc. hold a median 12-month price target of $30 — +156.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 3 of 100 as at 4 Nov 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$6.3B
Ticker Nerd rank
3/ 100
Median analyst target
$30
Analysts covering
25
Revenue$44.8M−6.0% y/y
Operating income−$140.1M
Net income−$940.8M
Free cash flow−$992.3M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−12.8%
1M
−24.5%
YTD
+1.8%
1Y
−22.1%
From 52W high
−59.6%
From 52W low
+6.9%
$11
$29
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

WULF stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores TeraWulf, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 4 Nov 2026
3/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
57
Growth
31
Revisions
31
Size
22
Volatility
12
Quality
10
Accruals
10
Value
9
Issuance
6

Momentum (57): The shares have been drifting up relative to others.

Issuance (6): The company has been issuing shares or taking on financing, diluting existing holders.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

WULF stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on WULF, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$10$20$30$40$50$60$70Jan 26Apr 26Jul 26Oct 26WULFHigh $65Median $30Low $15

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says25 analysts
24 Buy1 Hold0 Sell
Low $15Median $30High $65

The green dot is the last close — the median target sits +156.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 1 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
30 Oct 2026B. Riley SecuritiesMaintainsBuy$40 → $26
16 Oct 2026Cantor FitzgeraldMaintainsOverweight$37 → $30
16 Oct 2026Cantor FitzgeraldMaintainsOverweight—
12 Oct 2026Morgan StanleyMaintainsOverweight$63 → $65
12 Oct 2026Morgan StanleyMaintainsOverweight—
12 Oct 2026TD CowenInitiatesBuy—
12 Oct 2026TD CowenInitiatesBuy$21
23 Sept 2026UBSInitiatesBuy$24
23 Sept 2026UBSInitiatesBuy—
21 Sept 2026Rothschild & CoInitiatesNeutral—
21 Sept 2026Rothschild & CoInitiatesNeutral$15
17 Sept 2026Wells FargoInitiatesOverweight$30
17 Sept 2026Wells FargoInitiatesOverweight—
8 Sept 2026Freedom Capital MarketsInitiatesBuy$19
8 Sept 2026Freedom Capital MarketsInitiatesBuy—
28 Aug 2026William BlairInitiatesOutperform—
28 Aug 2026William BlairInitiatesOutperform—
21 Aug 2026RosenblattMaintainsBuy—
21 Aug 2026RosenblattMaintainsBuy$30
13 Aug 2026Morgan StanleyMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

The AI build-out map

WULF and 17 other companies make up AI cloud capacity.

The model tests each one against its peers. 1 pass every test this week.

  • All 115 AI build-out companies, part by part, with what each one does.
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The AI build-out map
PDF
  • AI cloud capacity

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  • AI chips

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  • AI networking and serversIn full

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Performance

WULF vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Nov 2026, TeraWulf, Inc. returned −22.1% against +14.8% for the S&P 500, dividends included.

WULF vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160180200Jan 26Apr 26Jul 26Oct 26WULFS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

WULF analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

TeraWulf, Inc. (WULF) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−7.6×

Cheaper than 92% of US stocks

Price / sales
37.8×

Cheaper than 6% of US stocks

Price / book
42.5×

Cheaper than 2% of US stocks

EV / EBITDA
−32.8×

Cheaper than 93% of US stocks

Growth & margins
Revenue growth (YoY)
−6.0%

Higher than 19% of US stocks

Earnings growth (YoY)
−6.0%

Higher than 30% of US stocks

Gross margin
72.3%

Higher than 85% of US stocks

Operating margin
−307.0%

Higher than 9% of US stocks

Net margin
50.9%

Higher than 96% of US stocks

Returns & dividend
Return on equity
−1211.8%

Higher than 1% of US stocks

Return on assets
−4.8%

Higher than 33% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

TeraWulf, Inc. (WULF) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • TeraWulf, Inc. has a market value of $6.3B and an enterprise value of $8.9B.

  • Revenue in the twelve months to 30 June 2026: $165.2M. The latest quarter shrank 6.0% year on year.

  • Net income over the same four quarters: −$2.0B, a −1180.5% net margin.

  • Free cash flow in the twelve months to 30 June 2026: −$2.5B.

  • TeraWulf, Inc. spent $12K on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 498.9M.

  • Trailing P/E: −7.6×; forward P/E: −52.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • TeraWulf, Inc. employs 141 people — $1.2M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 4 Nov 2026

Data provided by Twelve Data

Peers

WULF vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelCapital Markets
CompanyMarket capTKN rank
WULFTeraWulf, Inc.$6.3B3
RIOTRiot Platforms, Inc.$5.8B31
MKTXMarketAxess Holdings, Inc.$5.8B72
GLXYGalaxy Digital, Inc.$5.5B13
BGCBGC Group, Inc.$5.4B95
HUTHut 8 Corp.$6.0B26
FIGRFigure Technology Solutions, Inc.$5.2B14

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own TeraWulf, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest WULF news & analysis

Polen 5Perspectives Small Growth Composite Q3 2026 Portfolio Attribution And Activity

Seeking Alpha · 5 Nov 2026negative

Polen’s Q3 2026 Small Growth Composite report named Terawulf among the portfolio’s most significant relative-performance detractors. The excerpt also notes increased exposure to Health Care and decreased exposure to Industrials.

Why it matters — WULF watchers may note that the report identified Terawulf as a notable drag on this portfolio’s relative performance during the quarter.

TeraWulf Falls 4% Despite Google Backstop for $19 Billion Anthropic Leases; Cipher Digital Plunges 18%, IREN Tumbles 9%

24/7 Wall Street · 4 Nov 2026negative

TeraWulf shares fell 4% to $12.04 in afternoon trading despite news of Google’s backstop for $19 billion in Anthropic leases, amid a broader selloff in AI data center stocks.

Why it matters — The report highlights that WULF declined even as the Google news emerged, with the stock moving alongside weakness in the broader AI data center sector.

Why Is TeraWulf Trending Wednesday?

Benzinga · 4 Nov 2026positive

TeraWulf shares were in the spotlight Wednesday after the company announced Google credit support for project financing tied to roughly $19 billion in Anthropic lease commitments and a definitive construction agreement with Fluor. Earnings are due Friday.

Why it matters — The financing support, construction agreement, and upcoming earnings are relevant developments for investors following WULF.

FAQ

Frequently asked questions about WULF stock

What is the WULF stock price forecast for 2026-2027?

The 25 Wall Street analysts covering TeraWulf, Inc. have a median 12-month price target of $30, with estimates ranging from $15 to $65. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is WULF stock a buy right now?

Of the 25 analysts covering TeraWulf, Inc., 24 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks TeraWulf, Inc. 3 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank WULF?

As at 4 Nov 2026, TeraWulf, Inc. ranks 3 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (57 of 100).

Will WULF stock go up?

No one can know that. What the data says: the median 12-month target from 25 analysts implies +156.4% from the last close, and Ticker Nerd's factor model ranks TeraWulf, Inc. 3 out of 100 as at 4 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the WULF stock forecast for 2030?

No analyst covering TeraWulf, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for WULF are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $15 to $65 over the next 12 months.

How has WULF stock performed over the past year?

TeraWulf, Inc. returned -22.1% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does TeraWulf, Inc. do?

TeraWulf Inc. is a U.S.-based digital infrastructure company focused on bitcoin mining and high-performance computing workloads.

What is the latest news on WULF?

The most recent item we track (Seeking Alpha, 5 Nov 2026): "Polen 5Perspectives Small Growth Composite Q3 2026 Portfolio Attribution And Activity". Polen’s Q3 2026 Small Growth Composite report named Terawulf among the portfolio’s most significant relative-performance detractors. The excerpt also notes increased exposure to Health Care and decreased exposure to Industrials.

Company

About TeraWulf, Inc.

TeraWulf Inc. is a U.S.-based digital infrastructure company focused on bitcoin mining and high-performance computing workloads. TeraWulf develops, owns, and operates large-scale data centers and energy infrastructure designed to support compute-intensive applications such as artificial intelligence, machine learning, and advanced cloud services. The company’s operations are built around low-carbon, cost-effective power sources, with an emphasis on environmentally sustainable infrastructure for digital assets and enterprise computing. TeraWulf serves the growing demand for reliable, industrial-scale computing capacity by combining energy management, data-center operations, and hosting capabilities within a vertically integrated business model. Its current business segments center on digital asset mining and HPC leasing, positioning TeraWulf within the broader markets for bitcoin production, data-center services, and next-generation digital infrastructure.

CEO Mr. Paul B. Prager · 141 employees · United States · https://www.terawulf.com