On May 22, 2025, TeraWulf (WULF, Financial) received significant attention from financial analysts as JMP Securities initiated coverage on the stock. The renowned analyst, Greg Miller, is behind this latest coverage initiation.
JMP Securities assigned a "Market Outperform" rating to TeraWulf (WULF, Financial), signifying a positive outlook on the stock's performance. Alongside this optimistic rating, a price target of $7.00 was announced, setting the benchmark for future stock valuation.
TeraWulf's (WULF, Financial) new analyst coverage marks a notable development, as the company was not previously under JMP Securities' assessment. This coverage initiation could influence investor perceptions and trading activities surrounding TeraWulf (WULF) in the market.
With this new rating and price target, investors will be closely monitoring TeraWulf (WULF, Financial) for potential movements. Stay tuned for more updates as market reactions unfold.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for TeraWulf Inc (WULF, Financial) is $6.55 with a high estimate of $10.00 and a low estimate of $4.00. The average target implies an upside of 64.16% from the current price of $3.99. More detailed estimate data can be found on the TeraWulf Inc (WULF) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, TeraWulf Inc's (WULF, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
