Reading the tape
NASDAQ: WULF
TeraWulf Inc.
Financial Services · Financial - Capital Markets
Market Cap
$9.33B
52w High
$23.70
52w Low
$2.89
P/E
-14.12
Volume
32.08M
Outstanding Shares
397.30M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 685.62%Revenue (TTM): 20.28%FCF (TTM): -304.76%P/S: 100th pct
What changed
The stock rose 685.62% over the last year. Revenue grew 20.28% over the trailing twelve months. Operating margin moved from -54.42% to -110.5%. Free cash flow declined 304.76% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at -110.5%. A decisive move in revenue — currently up 20.28% — would be the clearest signal to resolve the ambiguity.
Company profile
TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States.
CEOPaul Prager
SectorFinancial Services
IndustryFinancial - Capital Markets
Employees12
IPO dateApr 5, 1994
Valuation
Forward P/E—
EV/EBITDA-85.77
Enterprise value$6.5B
Price / Book66.45
Stock splits
May 14, 2004↑ Forward
Every 2 shares became 3
Dec 29, 1999↑ Forward
Every 10 shares became 11
Sep 22, 1997↑ Forward
Every 2 shares became 3
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth2.43%
Gross margin50.93%▼7.90%vs FY2024
Operating margin-110.5%▼85.78%vs FY2024
ROE-470.94%▼1489.66%vs FY2024
Analyst consensus
RatingBuy
Target price$31.70▲34.95%
12
Buy
0
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 8, 2026
Q2 FY26 · EPS est -$0.16 · Revenue est $35.19M
View