B of A Securities Reiterates Buy Rating on TeraWulf Inc. (WULF)
B of A Securities maintains a Buy rating on TeraWulf Inc. with a $34 target price, a 17.32% upside from the current price.
Key Points
- B of A Securities reiterated its Buy rating for TeraWulf Inc. (WULF) on June 15, 2026, with a price target of $34.
- B of A Securities's $34 price target implies 17.32% upside from TeraWulf Inc.'s ($WULF) current $28.98 share price.
- TeraWulf Inc. shares are trading around $27.26, with a market cap of approximately $12.91 billion and a forward P/E of 140.86.
- Insider selling was noted from the CEO and other executives in May, while several analysts maintain a Buy rating.
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B of A Securities has reiterated its Buy rating for TeraWulf Inc. (NasdaqCM: WULF) on June 15, 2026. The firm set a price target of $34, signaling confidence in the company's future performance.
Analysts Set New Price Targets
On June 15, 2026, B of A Securities reiterated its Buy rating for TeraWulf Inc. with a price target of $34. This follows several other analysts who have maintained or initiated Buy ratings for the company. Bernstein initiated coverage with a Buy rating and a $46 target on June 4, 2026. B. Riley Securities maintained its Buy rating with a $32 target on May 27, 2026, while Morgan Stanley kept its Buy rating with a $42 target on May 19, 2026. Jefferies also initiated coverage with a Buy rating and a $28 target on May 14, 2026.
Other Institutional Activity in TeraWulf Inc.
Institutional investors have been active in TeraWulf Inc. BlackRock, Inc. increased its holdings by 244,196 shares to a total of 28,142,025 shares, valued at about $406.1 million. Vanguard Portfolio Management LLC entered with 22,462,422 shares worth approximately $324.1 million. Lone Pine Capital LLC also started a position with 19,921,430 shares valued at $287.5 million. Marshall Wace, LLP significantly increased its stake by 6,188,098 shares, now holding 9,374,298 shares valued at $135.3 million.
TeraWulf Inc. Stock Up 88.8%
Shares of TeraWulf Inc. are trading around $27.26 on the Nasdaq Capital Market. The company has a market capitalization of approximately $12.91 billion and a forward P/E ratio of 140.86, indicating high expectations for future earnings. The stock's beta of 4.256 reflects its high volatility compared to the overall market. Over the past year, the stock has ranged from a low of $3.40 to a high of $27.78, with a 50-day moving average of $22.24 and a 200-day moving average of $15.70.
$WULF price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at TeraWulf Inc.
Recent insider activity at TeraWulf Inc. shows several executives selling shares. On May 27, 2026, CEO Paul Prager sold 166,650 shares at an average price of $25.92 under a planned sale. The day prior, Prager sold the same number of shares at $24.43. On May 18, 2026, Chief Strategy Officer Kerri Langlais and CFO Patrick Fleury each sold 327,054 shares. Meanwhile, Prager sold 981,161 shares on the same day, with these transactions not part of a planned sale.
About TeraWulf Inc.
TeraWulf Inc. operates digital infrastructure in the United States, focusing on bitcoin mining and high-performance computing workloads. The company leverages clean and reliable energy sources for its operations. Founded in 2021, TeraWulf is headquartered in Easton, Maryland, and led by CEO Paul B. Prager. It employs around 141 people.
Bottom Line
B of A Securities' reiteration of its Buy rating and the $34 target for TeraWulf Inc. reflects continued optimism from analysts. The company's stock has shown significant volatility but remains a point of interest for institutional investors. Insider sales have been noted, but they do not necessarily indicate a lack of confidence. Investors should remember that analyst ratings and insider transactions are part of a broader picture, and 13F filings are backward-looking.
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