TeraWulf Inc [WULF] stock prices are up 17.78% to $2.65 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WULF shares have gain 7.29% over the last week, with a monthly amount drifted -17.19%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On September 04, 2024, Needham initiated with a Buy rating and assigned a price target of $6 on the stock. ROTH MKM initiated its recommendation with a Buy and recommended $6.50 as its price target on July 02, 2024. In a note dated April 09, 2024, Rosenblatt initiated an Buy rating and provided a target price of $4.20 on this stock.
The stock price of TeraWulf Inc [WULF] has been fluctuating between $1.91 and $9.30 over the past year. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. TeraWulf Inc [NASDAQ: WULF] shares were valued at $2.65 at the most recent close of the market. An investor can expect a potential return of 277.36% based on the average WULF price forecast.
Analyzing the WULF fundamentals
The TeraWulf Inc [NASDAQ:WULF] reported sales of 140.05M for trailing twelve months, representing a surge of 50.25%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.6%, Pretax Profit Margin comes in at -0.7%, and Net Profit Margin reading is -0.52%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.23 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.40 points at the first support level, and at 2.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.81, and for the 2nd resistance point, it is at 2.97.
Ratios To Look Out For
It’s worth pointing out that TeraWulf Inc [NASDAQ:WULF]’s Current Ratio is 5.43. In addition, the Quick Ratio stands at 5.43 and the Cash Ratio stands at 5.29. Considering the valuation of this stock, the price to sales ratio is 7.26, the price to book ratio is 4.35.
Transactions by insiders
Recent insider trading involved Bucella Michael C., Director, that happened on Jan 27 ’25 when 4796.0 shares were purchased. Chief Acct Officer + Treasurer, Deane Kenneth J completed a deal on Jun 07 ’24 to sell 69996.0 shares.