There is no shortage of investors who are bullish on TeraWulf Inc (WULF) stock

At the time of writing, TeraWulf Inc [WULF] stock is trading at $3.89, up 10.51%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WULF shares have gain 29.24% over the last week, with a monthly amount glided 69.13%, and 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.

For the past year, the stock price of TeraWulf Inc fluctuated between $1.91 and $9.30. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. TeraWulf Inc [NASDAQ: WULF] shares were valued at $3.89 at the most recent close of the market. An investor can expect a potential return of 131.36% based on the average WULF price forecast.

Analyzing the WULF fundamentals

According to TeraWulf Inc [NASDAQ:WULF], the company’s sales were 132.02M for trailing twelve months, which represents an -18.92% plunge. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.89%, Pretax Profit Margin comes in at -1.1%, and Net Profit Margin reading is -0.94%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.42 and Total Capital is -0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.89.

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 3.64 points at the first support level, and at 3.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.04, and for the 2nd resistance point, it is at 4.18.

Ratios To Look Out For

It is important to note that TeraWulf Inc [NASDAQ:WULF] has a current ratio of 1.90. Further, the Quick Ratio stands at 1.90, while the Cash Ratio is 1.8. Considering the valuation of this stock, the price to sales ratio is 11.33, the price to book ratio is 9.27.

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.

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