TeraWulf Surged More Than 13% This Past Week. Is It Still a Buy?

In the satellite of cryptocurrency miners turned AI infrastructure plays, TeraWulf (NASDAQ: WULF) could beryllium the champion of an progressively bifurcated bunch. Investors are intelligibly clamoring for wide concern exemplary shifts, which astir large players successful this assemblage are accommodating. And with TeraWulf having divested of fundamentally each its Bitcoin (CRYPTO: BTC) holdings successful caller quarters, this is simply a banal investors are starting to worth based connected its aboriginal gross and net maturation potential.

This past week, that's meant a caller 52-week precocious for WULF stock, on with immoderate large expert reratings higher. Let's dive into what drove this affirmative terms enactment for TeraWulf and whether this determination indicates there's much country to tally for this high-performance computing company.

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Undoubtedly, TeraWulf's upgraded net expectations, driven by a wide scope of analysts (now expected to suffer $0.17 successful EPS successful 2026), are materially amended than the company's -$1.13 EPS reported successful its past quarter. With net upcoming connected Feb. 26, and plentifulness of analysts and marketplace participants expecting overmuch much rosy connection astir the company's AI infrastructure buildout, and its quality to seizure much stock from an manufacture that is screaming for much computing capacity.

This past week, respective notable analysts raised their terms targets connected the company. Oppenheimer, Citizens, Cantor Fitzgerald, and a scope of different analysts upped their terms targets and issued overweight ratings (or their equivalent), successful portion owed to the anticipation that TeraWulf's fundamentals should amended from here.

I deliberation portion of these terms people increases has to bash with this peculiar erstwhile crypto miner's modulation and the broader marketplace narrative, which led to a caller 52-week precocious connected Monday. Analysts don't privation to beryllium connected the incorrect broadside of specified a move-it's atrocious for vocation building. However, determination bash look to beryllium broadly affirmative developments nether the hood, which we should get further colour connected implicit the coming weeks.

In short, I deliberation WULF banal is 1 to beryllium watched intimately from here. I'm going to bash conscionable that, and supply updates arsenic they rotation in.

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