
Terawulf (WULF) Stock Forecast & Price Target
Terawulf (WULF) Analyst Ratings
Bulls say
TeraWulf Inc. exhibits a positive financial outlook, underscored by a substantial 102% revenue increase forecast for FY24, reaching $140.1 million compared to $69.2 million in FY23. The company's operational efficiency is bolstered by a significant increase in mining capacity, rising from 110 MW to 195 MW by year-end 2024, along with a notable 94% year-over-year growth in self-mined Bitcoin production, totaling 2,728 Bitcoin. Additionally, the resilient self-mining profitability is evident, with the average value per Bitcoin self-mined rising to approximately $98,326, indicating robust market positioning amidst rising operational costs.
Bears say
TeraWulf Inc. experienced a significant decline in bitcoin mining output, with 423 bitcoins mined in the fourth quarter, a 24% decrease from the prior quarter, which could negatively impact future revenue generation. The company has revised its revenue expectations downward for the first quarter to $45 million, well below both previous estimates and consensus expectations of $53.4 million, indicating potential operational inefficiencies and market challenges. Additionally, TeraWulf's reported Non-GAAP EPS of ($0.14) fell short of consensus estimates, highlighting ongoing profitability concerns exacerbated by fluctuations in energy prices and the need for efficient mining technology.
This aggregate rating is based on analysts' research of Terawulf and is not a guaranteed prediction by Public.com or investment advice.
Terawulf (WULF) Analyst Forecast & Price Prediction
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