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Trade WULF with leverageAn announcement from TeraWulf Inc ( (WULF) ) is now available.
On May 8, 2026, TeraWulf reported first-quarter 2026 results, highlighting $34.0 million in revenue, including $21.0 million from HPC lease income, and a strong liquidity position of approximately $3.1 billion in cash and restricted cash as of March 31, 2026. The company had 60 MW of operational HPC capacity at its Lake Mariner campus for Core42, advanced construction for additional tenants, and closed a $250 million revolving credit facility to support its development pipeline.
During the quarter, TeraWulf continued shifting from bitcoin mining toward a more stable, contracted HPC revenue model, repurposing legacy mining assets for higher-value workloads and progressing its Abernathy joint venture targeting 168 MW under a 25-year lease. It expanded its power-advantaged development footprint with the acquisition of the Hawesville, Kentucky site, and ongoing projects in New York and Maryland, positioning itself to capitalize on industry-wide constraints around power access and to partner with utilities on large-scale compute infrastructure.
The most recent analyst rating on (WULF) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on TeraWulf Inc stock, see the WULF Stock Forecast page.
Spark’s Take on WULF Stock
According to Spark, TipRanks’ AI Analyst, WULF is a Neutral.
The score is primarily held back by weak financial quality (ongoing losses, cash burn, and very high leverage). This is partially offset by strong technical momentum and a generally positive earnings-call outlook centered on scaling contracted HPC capacity, though valuation remains constrained by lack of profitability.
To see Spark’s full report on WULF stock, click here.
More about TeraWulf Inc
TeraWulf Inc. is a U.S.-based developer, owner and operator of environmentally sustainable, industrial-scale data center infrastructure, focused on high-performance computing hosting and bitcoin mining. The company runs vertically integrated digital infrastructure powered primarily by low-carbon energy, aiming to serve both its own compute needs and those of top-tier HPC clients as a trusted hosting partner.
Average Trading Volume: 32,967,303
Technical Sentiment Signal: Buy
Current Market Cap: $11.6B
For detailed information about WULF stock, go to TipRanks’ Stock Analysis page.