TeraWulf Stock Jumps 12% Ahead of Earnings. Here’s What’s Driving the Move

Rexielyn Diaz4 minute read
Reviewed by: Thomas Richmond
Last updated Feb 25, 2026

Key Stats for WULF Stock

  • Price Change for WULF stock: +11.99%
  • WULF Share Price as of Feb. 24: $17.56
  • 52-Week High: $18
  • WULF Stock Price Target: $24

Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>

What Happened?

TeraWulf (WULF) stock climbed about 12% on Feb. 24, extending a strong multi-week rally. The move came as crypto-related equities strengthened alongside improving sentiment across digital asset markets.

Investor attention has also turned toward upcoming company updates. TeraWulf is scheduled to report Q4 2025 results and host its earnings call on Feb. 26, which is acting as a near-term catalyst.

In recent months, the company has remained active on the conference circuit. Management has presented at several crypto, energy, and technology-focused investor events, keeping the stock in focus.

With shares now trading near a 52-week high, momentum investors have returned. The stock’s high beta continues to amplify moves during periods of improving sentiment.

WULF Stock Price Targets (TIKR)

See analysts’ growth forecasts and price targets for WULF stock (It’s free!) >>>

What the Market Is Telling Us About WULF Stock

The recent rally suggests investors are prioritizing revenue growth and margin structure. TeraWulf’s LTM gross margin stands at 50%, which is strong for a capital-intensive mining operator.

However, profitability remains challenged. Operating margins are still negative at -65% due to depreciation, interest expense, and operating costs tied to expansion.

Revenue growth remains a core part of the story. The company generated about $168 million in LTM revenue, more than doubling year over year.

That growth profile helps explain continued investor interest. But losses remain substantial, and execution will matter as capacity ramps.

Estimate a company’s fair value instantly (Free with TIKR) >>>

Balance Sheet and Financial Position

TeraWulf ended the period with about $711 million in cash and $374 million in net debt. Net debt-to-EBITDA appears negative due to negative EBITDA, which can obscure leverage risk.

The company continues to invest heavily in infrastructure. LTM capital expenditures totaled nearly $599 million as new facilities and power capacity came online.

Free cash flow remains deeply negative at about -$677 million over the last twelve months. That reflects both growth spending and operating losses.

Return metrics remain weak, with ROE at -182% and ROIC at -8%. These figures highlight the early-stage nature of the business model.

Should You Invest in TeraWulf Inc.?

The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.

Pull up WULF, and you’ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.

You can build a free watchlist to track WULF alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself.

Analyze TeraWulf stock on TIKR Free

Looking for New Opportunities?

Disclaimer:

Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!

Join thousands of investors worldwide who use TIKR to supercharge their investment analysis.

Sign Up for FREENo credit card required