WULF · TeraWulf Inc.
AI read · Good for WULF
The AI's read
Analysts kept a $36 target and argue WULF is shifting from Bitcoin mining into AI power infrastructure. Q2 showed $32M in HPC revenue, 71% of sales, so the mix is already changing. Stock trades at $18, so the street target implies roughly 100% upside while RSI sits mid-range and volume is elevated. The company cites a large contracted backlog but also rising build costs to $10–12M per IT megawatt. We lean bullish because upside is large and there's early, visible revenue proof. Customer concentration and cost inflation make this a high-risk, idiosyncratic idea, so size accordingly.