TeraWulf Inc. (NASDAQ:WULF ) Q4 2024 Earnings Conference Call February 28, 2025 8:00 AM ET Company Participants John Loftin - Senior Vice President, Director of Investor Relations Paul Prager - Co-Founder, Chairman and Chief Executive Officer Patrick Fleury - Chief Financial Officer Conference Call Participants Nick Giles - B. Riley Securities Mike Grondahl - Northland Capital Markets Darren Aftahi - ROTH Capital Partners Brett Knoblauch - Cantor Fitzgerald Martin Toner - ATB Capital Markets John Todaro - Needham and Company Kevin Cassidy - Rosenblatt Securities Bill Papanastasiou - Stifel Operator Greetings.
TeraWulf is transitioning from Bitcoin mining to hosting high-performance computing for AI/ML, leveraging its access to cheap, renewable power. WULF's intrinsic value is estimated at $3.20 per share, with a potential upside of $8.80 if an expanded HPC contract is secured. The BTC mining industry is highly competitive with low margins; WULF is a solid BTC miner for operational efficiency and a strategic pivot to HPC.
Needham raised the firm's price target on TeraWulf to $9.50 from $6 and keeps a Buy rating on the shares. The company's Q3 top-line and EBITDA missed as mining came in lighter than expected, though the firm is adjusting its multiple as TeraWulf is nearer to getting a lease signed, bringing more clarity on HPC near term, the analyst tells investors in a research note.
TeraWulf remains in a strong uptrend, with bullish technical indicators despite being overbought, suggesting pullbacks will be buying opportunities. TeraWulf's fundamentals show growth, with a 117% sales increase forecast this year and a shift to profitability expected in the next year. The company's efficient capital allocation and secured financing for next year mitigate risks, supporting its aggressive growth and expansion plans.
TeraWulf Inc. (NASDAQ:WULF ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants John Loftin - SVP, Director of IR Paul Prager - CEO Patrick Fleury - CFO Conference Call Participants Lucas Pipes - B. Riley Securities Mike Grondahl - Northland Securities Brett Knoblauch - Cantor Fitzgerald Joe Flynn - Compass Point Research & Trading Brian Dodson - Clear Street John Todaro - Needham and Company Kevin Cassidy - Rosenblatt Securities Bill Papanastasiou - Stifel Operator Good afternoon, and welcome to TeraWulf's Third Quarter 2024 Earnings Call.
TeraWulf (WULF) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
A bitcoin mining company powered by 95% zero-carbon energy is transforming itself into a major AI infrastructure player just as tech giants scramble for sustainable computing power.
TeraWulf (WULF) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
LOS ANGELES, CA / ACCESSWIRE / October 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in TeraWulf Inc. ("TeraWulf" or "the Company") (NASDAQ:WULF) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the TeraWulf board breached its fiduciary duties to shareholders.
LOS ANGELES, CA / ACCESSWIRE / October 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in TeraWulf Inc. ("TeraWulf" or "the Company") (NASDAQ:WULF) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the TeraWulf board breached its fiduciary duties to shareholders.
LOS ANGELES, CA / ACCESSWIRE / October 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in TeraWulf Inc. ("TeraWulf" or "the Company") (NASDAQ:WULF) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the TeraWulf board breached its fiduciary duties to shareholders.
LOS ANGELES, CA / ACCESSWIRE / October 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in TeraWulf Inc. ("TeraWulf" or "the Company") (NASDAQ:WULF) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the TeraWulf board breached its fiduciary duties to shareholders.