Google Backstop And Fluidstack Reliance Will Heighten Operational Risk

AN

AnalystLowTarget

AnalystLowTarget

Not Invested

Community Contributor

Published

22 Aug 25

Updated

20 Feb 26

Views

83

n/a

n/a

AnalystLowTarget's Fair Value

n/a

1Y

350.0%

7D

6.7%

Loading

1Y

350.0%

7D

6.7%

You can edit this narrative until Feb 21 4:30 AM. Then, changes will post as Updates.

Author's Valuation

US$1713.7% undervalued

AnalystLowTarget Fair Value

Shared on 20 Feb 26

WULF: Crypto Policy Clarity And Fair Valuation Will Shape Mining Exposure

Analysts kept their $17.00 price target for TeraWulf unchanged, citing a mix of slightly adjusted discount rate, revenue growth, profit margin, and future P/E assumptions, supported by recent bullish initiation commentary and broader crypto policy concerns in Street research. Analyst Commentary Street research around TeraWulf highlights a split view, with some upbeat initiation commentary on the business model and crypto exposure, while others flag policy and market structure risks that could weigh on sentiment.

18 views

Shared on 06 Feb 26

Fair value Increased 126%

WULF: Expanded High Performance Computing Contracts Will Reshape Crypto Infrastructure Exposure

Narrative Update on TeraWulf Analysts have lifted their price target on TeraWulf to about US$17.00 from roughly US$7.51, citing stronger modeled revenue growth, a higher future P/E multiple, and recent research noting Q3 adjusted EBITDA of US$18.1m and expanded high performance computing and colocation plans as key supports for the updated valuation framework. Analyst Commentary Recent Street research around TeraWulf highlights both interest in the story and pockets of caution, particularly around execution on growth plans and the broader crypto policy backdrop.

6 views

Valuator

Company Info

Notes

AnalystLowTarget Fair Value

US$17

13.7% undervalued

Future estimation in

Revenue

Profit Margin

Future PE

Est. Revenue

$

Forecast revenue growth rate

36.28%

Historical revenue growth rate

61.02%

Software revenue growth rate

1.20%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

10.84%

Calculation

US$119.89m

Earnings '29

x

93.65x

PE Ratio '29

=

US$11.23b

Market Cap '29

US$11.23b

Market Cap '29

/

512.90m

No. shares '29

=

US$21.89

Share Price '29

US$21.89 Share Price '29

Discounted to 2026 @ 8.86% p.a.

=

US$16.97

Fair Value '26