Clare Market Investments LLC has invested $1.32 million in TeraWulf Inc. (NASDAQ:WULF) by acquiring 115,979 shares during the third quarter. Despite a disappointing Q4 earnings report, which saw a significant loss due to a non-cash warrant revaluation, analysts maintain a constructive outlook with several price target upgrades and a focus on the company’s pivot to AI/data-center services supported by large long-term HPC leases. The stock experienced a 9.3% drop following the Q4 results, but institutional ownership remains high at nearly 62.49%, with a “Moderate Buy” consensus from analysts and an average price target of $20.69.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Clare Market Investments LLC Invests $1.32 Million in TeraWulf Inc. $WULF
Clare Market Investments LLC has invested $1.32 million in TeraWulf Inc. (NASDAQ:WULF) by acquiring 115,979 shares during the third quarter. Despite a disappointing Q4 earnings report, which saw a significant loss due to a non-cash warrant revaluation, analysts maintain a constructive outlook with several price target upgrades and a focus on the company’s pivot to AI/data-center services supported by large long-term HPC leases. The stock experienced a 9.3% drop following the Q4 results, but institutional ownership remains high at nearly 62.49%, with a “Moderate Buy” consensus from analysts and an average price target of $20.69.