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Stock impact report

Rosenblatt sees 67% upside for Terawulf backed by HPC contracts and strong EBITDA expansion [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
The bitcoin miner-turned HPC host's target price implies a potential upside of over 67 percent compared to the most recent closing price. Rosenblatt's report cited improved profitability supported by higher gross margins and surging adjusted EBITDA from a durable shift to HPC hosting. Despite the reallocation from bitcoin miner to HPC compute reducing effective mining uptime to 70% and dropped the average operating hashrate to 8.5 EH/s, the launch of HPC hosting in the same quarter added $7.2 million in revenue and lifted the company's total to $50.6 million, coming in slightly above Rosenblatt's projection. The research firm has progressively raised its price target throughout 2025, moving from $12.00 in August to $14.50 in October before most recently lifting it to $24.00. In the October update, Rosenblatt highlighted TeraWulf's underappreciated HPC hosting pipeline and capacity expansions, including the Lake Cayuga acquisition. Rosenblatt estimated annual HPC revenues to exc Show less Read more
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