Analysts remain bullish on TeraWulf (NASDAQ: WULF), as the company transitions from bitcoin mining to high-performance computing infrastructure. Following similar positive remarks from Rosenblatt, B. Riley reiterated a "buy" rating on March 2, 2026, and raised its price target to $27. Analysts point out that despite recent pressures from declining bitcoin mining revenues and rising operational costs, TeraWulf's strategic transformation leveraging its 2.2 gigawatt clean energy asset portfolio positions it to benefit from the flourishing AI sector. The market consensus price target stands at $24, implying 50% upside potential.
Analysts remain bullish on TeraWulf (NASDAQ: WULF), as the company transitions from bitcoin mining to high-performance computing infrastructure. Following similar positive remarks from Rosenblatt, B. Riley reiterated a "buy" rating on March 2, 2026, and raised its price target to $27. Analysts point out that despite recent pressures from declining bitcoin mining revenues and rising operational costs, TeraWulf's strategic transformation leveraging its 2.2 gigawatt clean energy asset portfolio positions it to benefit from the flourishing AI sector. The market consensus price target stands at $24, implying 50% upside potential.