
Terawulf (WULF) Stock Forecast & Price Target
Terawulf (WULF) Analyst Ratings
Bulls say
TeraWulf Inc. has demonstrated a significant improvement in profitability, with Adjusted EBITDA rising to $18.1 million, well above previous estimates, thanks to the initial contributions from high-performance computing (HPC) and a robust power pipeline exceeding 1 gigawatt. The company has successfully increased its annual HPC signing goals from 100–150 megawatts to 250–500 megawatts, reflecting strong demand from hyperscalers and accelerated execution capabilities following the completion of its Lake Mariner development. Additionally, the recent commencement of HPC hosting has contributed $7.2 million to revenues, resulting in a reported revenue of $50.6 million, slightly surpassing internal estimates despite falling short of consensus expectations.
Bears say
TeraWulf anticipates a significant 36% quarter-over-quarter decline in bitcoin production for Q4 2025, projecting the mining of only 278 bitcoins, which reflects a drop from the previously mined 377 bitcoins in Q3 2025. The company's third-quarter mining revenue of $43.4 million fell short of expectations, resulting in a revision of future estimates as mining utilization declines while sites transition to high-performance computing (HPC) operations. Furthermore, fluctuations in energy prices and operational challenges, including a decreased effective uptime of 70% and lower average operating hashrate, could jeopardize profitability and overall financial performance, raising concerns about the sustainability of TeraWulf's business model.
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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