Rosenblatt raises price target on TeraWulf (WULF) from $4.50 to $6.00, keeps buy rating

From Yahoo Finance: 2025-06-23 12:33:00

TeraWulf Inc. (NASDAQ:WULF) is one of the 11 Best US Stocks to Invest in Under $5. Rosenblatt Securities raised its price target on WULF from $4.50 to $6.00 with a “Buy” rating after a tech summit where company officials discussed operations and future outlook.

TeraWulf Inc. (NASDAQ:WULF) is set to earn revenue from high-performance computing hosting, making it a Bitcoin miner with HPC hosting deals. Rosenblatt sees potential growth due to a strong first tenant and power expertise, leading to an increased price target of $6.00 based on 2026 Adjusted EBITDA estimate.

TeraWulf Inc. (NASDAQ:WULF) develops and operates data centers for Bitcoin mining and HPC workloads in the US. While WULF shows promise, some believe AI stocks offer greater upside potential with less downside risk. For more insights, check out the best short-term AI stock report.



Read more at Yahoo Finance: Rosenblatt Raises Terawulf (WULF) Price Target, Keeps Buy Rating