Stocks · Financial Services · Financial - Capital Markets
TeraWulf Inc. WULF
$15.49 +3.89% Close, Oct 2, 2026 · NASDAQ · Market cap $7.68B
Expensive vs sectorHigh risk
Next earnings report: Nov 9, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin narrowed to -228.5% from -95.0% a year earlier.
- The diluted share count rose 25.5% in a year.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 30%
- Revenue growth, 3-year CAGRTop 1%
- Revenue growth accelerationBottom 14%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 6%
- Gross marginTop 39%
- Operating marginBottom 2%
- Accruals (lower is better)Top 6%
- Interest coverBottom 7%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 5%
- Free-cash-flow yieldBottom 4%
- EBITDA / enterprise valueBottom 5%
- Sales / enterprise valueBottom 3%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 25%
- 6-month returnBottom 46%
- 1-year return vs S&P 500Top 16%
- Distance from 52-week highBottom 7%
- Trend checklist (0–4)Bottom 9%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 3%
- Consecutive EPS beatsBottom 17%
- Share of analysts rating BuyTop 2%
- Upside to consensus price targetTop 3%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 4%
- Maximum drawdown, 3 yearsBottom 5%
- Beta vs S&P 500 (lower is better)Bottom 2%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 27.3% | 14.6% | ↓ |
| Gross margin | 43.8% | 69.3% | ↑ |
| Operating margin | -95.0% | -228.5% | ↓ |
| FCF margin | -312.3% | -1515.9% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 14.6% | 27.3% | ↓ | Top 30% |
| Gross margin | 69.3% | 43.8% | ↑ | Top 39% |
| Operating margin | -228.5% | -95.0% | ↓ | Bottom 2% |
| Net margin | -1179.9% | -91.4% | ↓ | — |
| Free-cash-flow margin | -1515.9% | -312.3% | ↓ | — |
| Return on invested capital | -6.9% | — | Bottom 6% | |
| Revenue growth, 3-year CAGR | 123.8% | — | Top 1% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -20.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 95.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +117.1 pp
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -1.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -14.49%
- Shareholder yield
- -14.49%
- Share count change, 1 year
- +25.5%
- Share count change, 3-year CAGR
- +32.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 0 of 8
- Average EPS surprise, last 4
- -100.0%
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $34.92
- Target vs current price
- +125.4%
- Analysts with a rating
- 14
- Share rating Buy or Strong Buy
- 100%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | -696.2% | -4.3% | -11.3% | -22.4% | — |
| May 8, 2026 | -429.0% | -2.6% | +0.6% | -0.1% | -21.4% |
| Feb 26, 2026 | -115.4% | -0.2% | -14.2% | -5.9% | +27.9% |
| Nov 10, 2025 | -2489.4% | +2.6% | -21.2% | +7.3% | -14.5% |
| Aug 8, 2025 | -25.0% | +1.8% | +76.3% | +84.8% | +213.8% |
| May 9, 2025 | -128.6% | -8.8% | +6.7% | +31.8% | +53.3% |
| Feb 28, 2025 | -100.0% | +16.1% | -6.9% | -18.8% | +8.9% |
| Nov 12, 2024 | -100.0% | -3.3% | -20.2% | -23.8% | -41.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | -$1.94 | -$0.24 | -696.2% | $44.8M |
| May 8, 2026 | -$1.01 | -$0.19 | -429.0% | $34.0M |
| Feb 26, 2026 | -$0.28 | -$0.13 | -115.4% | $35.9M |
| Nov 10, 2025 | -$1.13 | -$0.04 | -2489.4% | $50.6M |
| Aug 8, 2025 | -$0.05 | -$0.04 | -25.0% | $47.6M |
| May 9, 2025 | -$0.16 | -$0.07 | -128.6% | $34.4M |
| Feb 28, 2025 | -$0.08 | -$0.04 | -100.0% | $35.0M |
| Nov 12, 2024 | -$0.06 | -$0.03 | -100.0% | $27.1M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 62.31× | — | — | Bottom 3% |
| Free-cash-flow yield | -32.63% | — | — | Bottom 4% |
| Earnings yield | -28.41% | — | — | Bottom 5% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -11.8%
- 200-day average slope (20 days)
- +1.2%
- Distance from 50-day average
- -5.7%
- Distance from 200-day average
- -14.3%
- RSI (14)
- 46.1
- Relative volume
- 0.99×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 85.9%
- Volatility vs own 5-year history
- 9th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.74
- Correlation with S&P 500
- 0.40
- Current drawdown from 1-year high
- -46.5%
- Maximum drawdown, 3 years
- -74.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 19, 2021 | Mar 16, 2023 | -98.7% | 330 days | Not yet recovered |
| Feb 16, 2021 | May 14, 2021 | -34.9% | 62 days | 29 days (Jun 25, 2021) |
| Jul 2, 2021 | Jul 15, 2021 | -23.6% | 8 days | 12 days (Aug 2, 2021) |
| Jan 25, 2021 | Jan 27, 2021 | -21.6% | 2 days | 12 days (Feb 12, 2021) |
| Oct 28, 2020 | Nov 2, 2020 | -20.2% | 3 days | 8 days (Nov 12, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $7.68B
- EPS, diluted (TTM)
- -$4.40
- Revenue (TTM)
- $165.2M
- 52-week range
- $10.47 – $29.84
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $15.0M | $69.2M | $140.1M | $168.5M |
| Gross profit | -$52,000 | $4.0M | $41.9M | $77.4M | $85.8M |
| Operating income | -$43.4M | -$43.7M | -$29.4M | -$76.2M | -$170.3M |
| Net income | -$95.7M | -$90.8M | -$73.4M | -$72.4M | -$661.4M |
| EPS (diluted) | -$1.12 | -$0.83 | -$0.35 | -$0.21 | -$1.66 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $27.1M | $35.0M | $34.4M | $47.6M | $50.6M | $35.8M | $34.0M | $44.8M |
| Net income | -$22.7M | -$29.2M | -$61.4M | -$18.4M | -$455.1M | -$126.6M | -$427.6M | -$939.9M |
| EPS (diluted) | -$0.06 | -$0.07 | -$0.16 | -$0.05 | -$1.13 | -$0.32 | -$1.01 | -$1.94 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$24.1M | -$34.1M | $4.3M | -$24.4M | -$123.2M |
| Capital expenditure | -$109.1M | -$72.9M | -$75.2M | -$267.9M | -$1.06B |
| Free cash flow | -$133.2M | -$106.9M | -$70.9M | -$292.4M | -$1.18B |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $153.7M | $47.3M | $135.9M | $70.5M | -$128.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.62B
- Total assets
- $8.05B
- Total liabilities
- $7.90B
- Total debt
- $5.24B
- Net debt
- $2.62B
- Shareholders’ equity
- $147.3M
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Dec 14, 2021 | $5.00 | — |
| Dec 18, 2012 | $1.00 | Dec 31, 2012 |
Short interest
- Shares sold short
- 121,146,308
- Days to cover
- 4.31
- Change vs previous report
- -0.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 14, 2004
- 3-for-2
- Dec 29, 1999
- 11-for-10
- Sep 22, 1997
- 3-for-2