TeraWulf (WULF) Stock Skyrockets on AI Pivot – Price Surge, Earnings, and What’s Next
TeraWulf shares jumped 25% this week to $15.50 after announcing a $9.5 billion, 25-year AI compute joint venture with Fluidstack, backed by Google. Year-to-date, the stock is up 134%. Preliminary Q3 revenue is projected at $48–52 million, up 84% from last year. Analysts upgraded the stock, with Oppenheimer setting a $20 target and B. Riley raising its target to $22.