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Why TeraWulf (WULF) Stock Is Up Today

Investivoq PriceTracker

TeraWulf Inc. (WULF) is up 8.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The rally appears tied to investors continuing to react to TeraWulf’s recent third-quarter update and its newly strengthened financing setup for a large AI data center buildout. The company showed rapid growth in high-performance computing lease revenue, highlighted a sizable Anthropic lease, and reinforced its liquidity position, all of which likely supported sentiment.

Details:

  • TeraWulf reported third-quarter revenue of $76.2 million, with about $63.0 million coming from HPC lease revenue, which represented roughly 83% of total revenue.
  • The company said it has a 20-year lease with Anthropic covering about 401 MW of critical IT capacity at its Justified campus, representing about $19 billion of contracted revenue over the initial term.
  • TeraWulf announced on November 4, 2026 that Google would provide credit support tied to anticipated project financing for that Anthropic lease, while Fluor signed a definitive EPC agreement for three data center buildings.
  • The company also said it ended the quarter with about $2.4 billion of cash, cash equivalents, and restricted cash, and later increased revolving credit commitments to $400 million.

    • Sources:

    TeraWulf investor relations, SEC, Yahoo Finance

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $WULF Insider Trading Activity

    WULF Insider Trades

    $WULF insiders have traded $WULF stock on the open market 10 times in the past 6 months. Of those trades, 3 have been purchases and 7 have been sales.

    Here’s a breakdown of recent trading of $WULF stock by insiders over the last 6 months:

    • PAUL B. PRAGER (Chief Executive Officer) has made 0 purchases and 5 sales selling 608,300 shares for an estimated $14,392,572.
    • WALTER E. CARTER sold 130,626 shares for an estimated $1,977,808
    • CATHERINE J. MOTZ sold 56,023 shares for an estimated $997,943
    • MICHAEL C. BUCELLA has made 3 purchases buying 11,968 shares for an estimated $189,916 and 0 sales.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $WULF Hedge Fund Activity

    We have seen 293 institutional investors add shares of $WULF stock to their portfolio, and 236 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • D. E. SHAW & CO., INC. removed 12,107,217 shares (-78.2%) from their portfolio in Q2 2026, for an estimated $299,048,259
    • MARSHALL WACE, LLP removed 7,953,356 shares (-84.8%) from their portfolio in Q2 2026, for an estimated $196,447,893
    • MORGAN STANLEY added 5,964,209 shares (+100.6%) to their portfolio in Q2 2026, for an estimated $147,315,962
    • BLACKROCK, INC. removed 4,749,097 shares (-16.9%) from their portfolio in Q2 2026, for an estimated $117,302,695
    • NORGES BANK added 4,459,627 shares (+1116.0%) to their portfolio in Q2 2026, for an estimated $110,152,786
    • VALUE ALIGNED RESEARCH ADVISORS, LLC added 4,414,903 shares (+56.3%) to their portfolio in Q2 2026, for an estimated $109,048,104
    • LONE PINE CAPITAL LLC added 4,223,195 shares (+21.2%) to their portfolio in Q2 2026, for an estimated $104,312,916

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $WULF Price Targets

    Multiple analysts have issued price targets for $WULF recently. We have seen 6 analysts offer price targets for $WULF in the last 6 months, with a median target of $33.5.

    Here are some recent targets:

    • Stephen Byrd from Morgan Stanley set a target price of $72.0 on 07/08/2026
    • Chris Brendler from Rosenblatt set a target price of $30.0 on 07/07/2026
    • John Todaro from Needham set a target price of $33.0 on 07/07/2026
    • Michael Rollins from Citigroup set a target price of $36.0 on 06/29/2026
    • Michael Funk from B of A Securities set a target price of $34.0 on 06/15/2026
    • Nick Giles from B. Riley Securities set a target price of $32.0 on 05/27/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.