Form 8-K TERAWULF INC. For: Aug 12
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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
