Analyst Target Hikes

Following the lease announcement, WULF shares rose by 4.86 % to $22.21, with trading volume 73.3 million shares, about 135 % above its three‑month average. Analysts responded by raising price targets: Needham lifted its target to $33, Rosenblatt to $30, and Bernstein maintained a $36 target, citing a 71 % upside from current levels. Citi assigned a Buy rating with a $36 target, and Bank of America Securities set a $34 target, both highlighting TeraWulf’s pivot toward high‑performance computing (HPC) and digital infrastructure.