Home / Business and Economy / TeraWulf Shifts to AI, Skyrockets Analyst Price Target
TeraWulf Shifts to AI, Skyrockets Analyst Price Target
2 Jan
Summary
- KBW upgrades TeraWulf (WULF) to 'outperform' with a $24 price target.
- Company pivot to AI/HPC leasing is underestimated by the market.
- HPC leasing to drive significant EBITDA growth through 2027.

Investment bank KBW has significantly upgraded TeraWulf (WULF), moving its rating to 'outperform' and substantially increasing the price target from $9.50 to $24.
The upgrade is driven by KBW's assertion that the market is currently underestimating the substantial earnings potential stemming from TeraWulf's strategic pivot away from traditional bitcoin mining towards AI and high-performance computing (HPC) leasing.
Analysts project that this shift will lead to a 505% EBITDA compound annual growth rate from 2025 to 2027, with HPC leasing expected to constitute the majority of the company's revenue by 2026.




