(WULF) Terawulf - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US88080T1043

Stock: Bitcoin Mining, Hosting Services

Total Rating 40

Risk 38

Buy Signal 1.20

Capital Markets » Asset Management & Custody Banks
Age: 29.7y

Market Cap: 6,196m
Avg Trading Vol: 367M USD

ATR: 11.68%
Peers RS (IBD): 98.89

EPS (Earnings per Share)

EPS CAGR: 4.70%
EPS Trend: -13.4%

Last SUE: 0.34
Qual. Beats: 0

Revenue

Rev. CAGR: 216.04%
Rev. Trend: 87.6%

Last SUE: -0.02
Qual. Beats: 0

Risk 5d forecast
Volatility	115%
Relative Tail Risk	-9.48%

Reward TTM
Sharpe Ratio	1.38
Alpha	147.00

Character TTM
Beta	2.664
Beta Downside	2.275

Drawdowns 3y
Max DD	75.71%
CAGR/Max DD	2.43

Description: WULF Terawulf January 14, 2026

TeraWulf Inc. (NASDAQ: WULF) is a U.S.-based digital-asset technology firm that designs, owns, and runs Bitcoin mining operations in New York and Pennsylvania, and offers miner-hosting services to third parties. Founded in 2021 and headquartered in Easton, Maryland, the company trades as a common stock under the GICS sub-industry “Asset Management & Custody Banks.”

Key operational metrics include an estimated 5 EH/s of hash power deployed as of Q4 2024, with a reported average electricity cost of roughly $0.04 /kWh-significantly below the U.S. industry average. The firm’s earnings are highly sensitive to Bitcoin’s price volatility and to regulatory developments affecting crypto mining in the United States, particularly New York’s recent clean-energy incentives. Consider checking ValueRay for a deeper dive into WULF’s financial metrics and peer comparison.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income: -564.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.28 > 0.02 and ΔFCF/TA 1.72 > 1.0
NWC/Revenue: 13.87% < 20% (prev 0.0%; Δ 13.87% < -1%)
CFO/TA -0.03 > 3% & CFO -77.7m > Net Income -564.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.03 > 1.5 & < 3
Outstanding Shares: last quarter (401.6m) vs 12m ago 5.10% < -2%
Gross Margin: 50.24% > 18% (prev 0.60%; Δ 4965 % > 0.5%)
Asset Turnover: 11.72% > 50% (prev 31.62%; Δ -19.90% > 0%)
Interest Coverage Ratio: -27.06 > 6 (EBITDA TTM -486.7m / Interest Expense TTM 20.9m)

Altman Z'' -4.16

A: 0.01 (Total Current Assets 729.1m - Total Current Liabilities 705.9m) / Total Assets 2.45b
B: -0.35 (Retained Earnings -867.1m / Total Assets 2.45b)
C: -0.40 (EBIT TTM -565.7m / Avg Total Assets 1.43b)
D: -0.39 (Book Value of Equity -866.7m / Total Liabilities 2.21b)
Altman-Z'' Score: -4.16 = D

Beneish M -1.76

DSRI: 2.08 (Receivables 11.9m/4.38m, Revenue 167.6m/128.4m)
GMI: 1.19 (GM 50.24% / 59.55%)
AQI: 1.32 (AQ_t 0.26 / AQ_t-1 0.20)
SGI: 1.31 (Revenue 167.6m / 128.4m)
TATA: -0.20 (NI -564.0m - CFO -77.7m) / TA 2.45b)
Beneish M-Score: -1.76 (Cap -4..+1) = CCC

What is the price of WULF shares?

As of February 09, 2026, the stock is trading at USD 14.29 with a total of 46,509,995 shares traded.
Over the past week, the price has changed by +6.32%, over one month by +11.29%, over three months by -0.07% and over the past year by +178.56%.

Is WULF a buy, sell or hold?

Terawulf has received a consensus analysts rating of 4.55. Therefore, it is recommended to buy WULF.

StrongBuy: 7
Buy: 3
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the WULF price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	22.4	57%
Analysts Target Price	22.4	57%
ValueRay Target Price	15.2	6.2%

WULF Fundamental Data Overview February 05, 2026

P/E Forward = 29.7619
P/S = 36.971
P/B = 26.0098
Revenue TTM = 167.6m USD
EBIT TTM = -565.7m USD
EBITDA TTM = -486.7m USD
Long Term Debt = 1.06b USD (from longTermDebt, last quarter)
Short Term Debt = 2.00m USD (from shortTermDebt, last quarter)
Debt = 1.09b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 373.9m USD (from netDebt column, last quarter)
Enterprise Value = 6.57b USD (6.20b + Debt 1.09b - CCE 711.8m)
Interest Coverage Ratio = -27.06 (Ebit TTM -565.7m / Interest Expense TTM 20.9m)
EV/FCF = -9.71x (Enterprise Value 6.57b / FCF TTM -676.6m)
FCF Yield = -10.30% (FCF TTM -676.6m / Enterprise Value 6.57b)
FCF Margin = -403.7% (FCF TTM -676.6m / Revenue TTM 167.6m)
Net Margin = -336.5% (Net Income TTM -564.0m / Revenue TTM 167.6m)
Gross Margin = 50.24% ((Revenue TTM 167.6m - Cost of Revenue TTM 83.4m) / Revenue TTM)
Gross Margin QoQ = 66.15% (prev 53.62%)
Tobins Q-Ratio = 2.68 (Enterprise Value 6.57b / Total Assets 2.45b)
Interest Expense / Debt = 0.91% (Interest Expense 9.83m / Debt 1.09b)
Taxrate = 21.0% (US default 21%)
NOPAT = -446.9m (EBIT -565.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.03 (Total Current Assets 729.1m / Total Current Liabilities 705.9m)
Debt / Equity = 4.39 (Debt 1.09b / totalStockholderEquity, last quarter 247.3m)
Debt / EBITDA = -0.77 (negative EBITDA) (Net Debt 373.9m / EBITDA -486.7m)
Debt / FCF = -0.55 (negative FCF - burning cash) (Net Debt 373.9m / FCF TTM -676.6m)
Total Stockholder Equity = 209.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -39.44% (Net Income -564.0m / Total Assets 2.45b)
RoE = -269.7% (Net Income TTM -564.0m / Total Stockholder Equity 209.1m)
RoCE = -44.57% (EBIT -565.7m / Capital Employed (Equity 209.1m + L.T.Debt 1.06b))
RoIC = -53.78% (negative operating profit) (NOPAT -446.9m / Invested Capital 831.0m)
WACC = 13.49% (E(6.20b)/V(7.28b) * Re(15.73%) + D(1.09b)/V(7.28b) * Rd(0.91%) * (1-Tc(0.21)))
Discount Rate = 15.73% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 20.46%
Fair Price DCF = unknown (Cash Flow -676.6m)
EPS Correlation: -13.36 | EPS CAGR: 4.70% | SUE: 0.34 | # QB: 0
Revenue Correlation: 87.57 | Revenue CAGR: 216.0% | SUE: -0.02 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.16 | Chg30d=-0.128 | Revisions Net=+0 | Analysts=4
EPS next Year (2026-12-31): EPS=-0.54 | Chg30d=-0.405 | Revisions Net=+0 | Growth EPS=+63.1% | Growth Revenue=+127.4%

Additional Sources for WULF Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle