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0.000436083796494275 0.00178708849935879 -0.000427533133817786 0.00023086789226172 -0.00171013253527145 -0.00342026507054289 -0.00513039760581449 -0.0067977768277041
Stock impact report

KBW upgrades TeraWulf to outperform, sees AI pivot as catalyst for sharp growth [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
The bank said the market is underestimating the earnings upside from the company's shift away from bitcoin (BTC) mining toward AI and high-performance computing (HPC) leasing. "We think investors underappreciate the magnitude of the BTC mining to HPC leasing mix shift in 2026-2027 and robust growth catalysts on 646 MW net of visible HPC leasing pipeline through 2027," wrote analyst Stephen Glagola in the Wednesday report. The shares were modestly higher in early trading Wednesday, at $11.18. Bitcoin miners have increasingly pivoted to hosting AI and high-performance computing hardware in their existing data centers to boost profitability. The analyst estimated that TeraWulf's existing leases could drive a 505% EBITDA compound annual growth rate (CAGR) from 2025 to 2027 and support multiple expansion from the stock's current 13.8x EV/EBITDA valuation. His bullish view centers on the firm's 646 megawatt HPC leasing pipeline through 2027 and the rapid erosion of mining's impor Show less Read more
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