TeraWulf Reports Second Quarter 2024 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
Rosenblatt Assumes Terawulf Inc. (WULF) at Buy
August 14, 2024 7:08 AM EDTRosenblatt analyst Kevin Cassidy assumes coverage on Terawulf Inc. (NASDAQ: WULF) with a Buy rating and a price target of $5.00.
The analyst comments "We are assuming coverage of WULF with a Buy rating and a $5.00 price target. We believe the company's expansion from Bitcoin mining data centers to include HPC/AI data center... More
Cantor Fitzgerald Reiterates Overweight Rating on Terawulf Inc. (WULF)
August 13, 2024 6:34 AM EDTCantor Fitzgerald analyst Brett Knoblauch reiterated an Overweight rating and $10.00 price target on Terawulf Inc. (NASDAQ: WULF).
The analyst comments "WULF reported a solid set of 2Q24 results, with revenue coming in-line with expectations, as expected given it provides monthly updates. Adjusted EBITDA of $19.5m, or a margin of 54.9%, was also better than consensus (FactSet), and WULF generated $16.4m of operating cash flow in the quarter (its fourth straight quarter of positive operating cash flow). WULF continues to demonstrate it is a low-cost... More
