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TeraWulf Inc. (WULF)

Financial Services | Capital Markets | Easton, United States | NasdaqCM
15.35 USD -1.14 (-6.913%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 15.43 +0.08 (0.521%) ⇧ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★★★☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:05 a.m. EDT

The investment case here is a stark dichotomy between a speculative frenzy and a fundamentally broken business. On the short end, the options market is screaming bullishness; traders are buying deep out-of-the-money calls while selling puts to cap downside, suggesting a belief in a rapid price surge driven by the reported AI pivot and Anthropic deal. However, this optimism ignores the reality of the company's balance sheet. The firm is burning cash, with negative free cash flow and operating cash flow, and carries a debt load nearly double its cash reserves. The valuation metrics are grotesque, trading at a price-to-book ratio of over 53x despite generating negative returns on equity and assets. While the catalysts may drive a short-term rally, the underlying fundamentals are deteriorating, making this a high-risk momentum play rather than a sound investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.339114
AutoETS0.343194
MSTL0.355773
AutoTheta0.443043

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 32%
H-stat 4.81
Ljung-Box p 0.000
Jarque-Bera p 0.163
Excess Kurtosis -0.40
Attribute Value
Sector Financial Services
Last Dividend Date 2021-12-13
Debt to Equity Ratio 3549.648
Revenue per Share 0.382
Market Cap 7,659,169,280
Forward P/E -63.96
Beta 4.29
Website https://www.terawulf.com

As of Aug. 22, 2026, 5:05 a.m. EDT: Speculators are aggressively positioning for a massive upside move, evidenced by heavy call volume and open interest at strikes significantly above the current price (e.g., $25, $30, $40). This bullish sentiment is concentrated in the near-to-intermediate term (August through November expirations). Conversely, put writing is substantial at lower strikes ($10-$15), creating a defined floor, but the sheer volume of calls suggests the market is pricing in a breakout scenario rather than a decline.


Dividend Data

Dividend History
Date Dividend Yield %
2021-12-14 5.0 24.630543
2012-12-18 1.0 11.111111
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 5.0
lastDividendDate 2021-12-14

Info Dump

Attribute Value
52 Week Change 0.71235716
Address1 9 Federal Street
All Time High 43.98
All Time Low 0.54
Ask 15.37
Ask Size 1
Audit Risk 4
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 32,171,900
Average Daily Volume3 Month 32,799,358
Average Volume 32,799,358
Average Volume10Days 32,171,900
Beta 4.288
Bid 15.2
Bid Size 1
Board Risk 8
Book Value 0.295
City Easton
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.35
Current Ratio 0.746
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 16.29
Day Low 15.12
Debt To Equity 3,549.648
Display Name TeraWulf
Earnings Call Timestamp End 1,785,931,200
Earnings Call Timestamp Start 1,785,931,200
Earnings Timestamp 1,785,933,000
Earnings Timestamp End 1,794,227,400
Earnings Timestamp Start 1,794,227,400
Ebitda -270,900,000
Ebitda Margins -1.6399001
Enterprise To Ebitda -37.936
Enterprise To Revenue 62.212
Enterprise Value 10,276,945,920
Eps Current Year -0.48
Eps Forward -0.24
Eps Trailing Twelve Months -4.46
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.9168
Fifty Day Average Change -4.566799
Fifty Day Average Change Percent -0.22929382
Fifty Two Week Change Percent 71.23572
Fifty Two Week High 29.84
Fifty Two Week High Change -14.49
Fifty Two Week High Change Percent -0.4855898
Fifty Two Week Low 8.6
Fifty Two Week Low Change 6.75
Fifty Two Week Low Change Percent 0.7848837
Fifty Two Week Range 8.6 - 29.84
Financial Currency USD
First Trade Date Milliseconds 765,552,600,000
Float Shares 383,736,851
Forward Eps -0.24
Forward P E -63.958336
Free Cashflow -234,116,752
Full Exchange Name NasdaqCM
Full Time Employees 141
Fullday Change -1.14
Fullday Change Percent -6.91328
Fullday Price 15.43
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.69262004
Gross Profits 114,416,000
Has Pre Post Market Data 1
Held Percent Insiders 0.22904
Held Percent Institutions 0.89762
Implied Shares Outstanding 498,968,677
Industry Capital Markets
Industry Disp Capital Markets
Industry Key capital-markets
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,639,440,000
Last Dividend Value 5.0
Last Fiscal Year End 1,767,139,200
Last Split Date 1,084,492,800
Last Split Factor 3:2
Long Business Summary TeraWulf Inc., together with its subsidiaries, owns, develops, operates digital infrastructure in the United States. It also develops and operates bitcoin mining facilities for bitcoin mining and high-performance computing workloads, leveraging clean, cost-effective, and reliable energy. The company was founded in 2021 and is headquartered in Easton, Maryland.
Long Name TeraWulf Inc.
Market us_market
Market Cap 7,659,169,280
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1671971858
Most Recent Quarter 1,782,777,600
Net Income To Common -1,949,179,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 8,227,993,483
Number Of Analyst Opinions 18
Open 16.155
Operating Cashflow -279,156,992
Operating Margins -3.0703602
Overall Risk 8
Payout Ratio 0.0
Phone 410 770 9500
Post Market Change 0.07999992
Post Market Change Percent 0.5211721
Post Market Price 15.43
Post Market Time 1,787,961,528
Previous Close 16.49
Price Eps Current Year -31.979168
Price Hint 2
Price To Book 52.0339
Price To Sales Trailing12 Months 46.36498
Profit Margins 0.0
Quick Ratio 0.699
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.27778
Region US
Regular Market Change -1.14
Regular Market Change Percent -6.91328
Regular Market Day High 16.29
Regular Market Day Low 15.12
Regular Market Day Range 15.12 - 16.29
Regular Market Open 16.155
Regular Market Previous Close 16.49
Regular Market Price 15.35
Regular Market Time 1,787,947,201
Regular Market Volume 29,337,412
Return On Assets -0.04795
Return On Equity -12.118051
Revenue Growth -0.06
Revenue Per Share 0.382
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 3
Shares Outstanding 498,968,677
Shares Percent Shares Out 0.2148
Shares Short 107,155,929
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 104,365,154
Short Name TeraWulf Inc.
Short Percent Of Float 0.2526
Short Ratio 3.17
Source Interval 15
State MD
Symbol WULF
Target High Price 62.5
Target Low Price 25.0
Target Mean Price 36.63889
Target Median Price 34.0
Total Cash 2,619,191,040
Total Cash Per Share 5.249
Total Debt 5,236,724,224
Total Revenue 165,192,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -4.46
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 17.7734
Two Hundred Day Average Change -2.423399
Two Hundred Day Average Change Percent -0.13634977
Type Disp Equity
Volume 29,337,412
Website https://www.terawulf.com
Zip 21,601