Terawulf Inc (NASDAQ:WULF) is one of the best US stocks to buy under $50. On December 18, Terawulf Inc (NASDAQ:WULF) secured financing for a 168 MW high-performance computing facility in Texas. The funding is part of a long-term credit enhancement provided through the Fluidstack platform. TeraWulf Inc. (WULF) Secures Financing amid HPC Opportunities Push The company plans to develop a next-generation liquid-cooled AI data center delivering 240MW of gross power capacity. Its development underlines TeraWul ...

Group 1 - TeraWulf Inc. (NASDAQ:WULF) experienced a significant rally, increasing by 9.54% to close at $14.12, breaking a three-day losing streak, driven by positive investor sentiment due to easing tensions between the U.S. and Europe [1] - The company is benefiting from a broader trend in the technology sector, with investors returning to stocks associated with artificial intelligence (AI), supported by strong demand and rapid growth in the sector [2] - Investment firm Needham & Company has reaffirmed a "buy" recommendation for TeraWulf with a price target of $21, indicating a potential upside of 48.7% from its latest closing price [3] Group 2 - Keefe, Bruyette, and Woods (KBW) upgraded TeraWulf's rating to "outperform" from "market perform," with a new price target of $24, significantly raised from $9.50, reflecting the market's underestimation of the company's shift towards high-performance computing services from Bitcoin mining [4] - KBW projects a remarkable 505% compound annual growth rate (CAGR) in TeraWulf's EBITDA through 2027, driven by existing lease agreements [4]

Key Takeaways Strategy stands out with massive BTC holdings and a profitable software arm that cushions volatility.MSTR drives bitcoin accretion via preferred securities, aided by regulatory clarity and capital access.WULF's AI and HPC expansion adds revenues, but heavy debt and capital intensity limit upside.Strategy (MSTR) and TeraWulf (WULF) are both bitcoin-focused stocks, but they offer fundamentally different ways to participate in the cryptocurrency economy.Strategy operates primarily as a Bitcoin tr ...

Group 1 - TeraWulf Inc. has been upgraded to Outperform by Keefe Bruyette analyst Stephen Glagola, with a new price target of $24, reflecting a significant market underestimation of the company's shift from Bitcoin mining to High-Performance Computing (HPC) [1] - The firm projects a massive 505% CAGR in EBITDA through 2027, driven by existing lease agreements, with HPC expected to generate over two-thirds of TeraWulf's revenue by 2026 [1] - TeraWulf and Fluidstack have successfully priced project-level financing for a 168 MW HPC joint venture, which will develop a next-gen, liquid-cooled AI data center in Texas, set to be commissioned in H2 2026 [2] Group 2 - The financial structure of the joint venture is robust, supported by approximately $1.3 billion in long-term lease-backing commitments from Google, enhancing capital formation efficiency [3] - TeraWulf holds a 51% majority ownership in the joint venture, projected to generate around $9.5 billion in contracted revenue over a 25-year term [3] - By early 2026, TeraWulf's total contracted HPC platform is expected to exceed 510 MW, with plans to deploy an additional 250 MW to 500 MW of capacity annually [3]

Core Viewpoint - Bitcoin has surpassed $88,000, leading to a rise in certain cryptocurrency mining stocks [1] Group 1: Company Performance - TeraWulf (WULF.US) has seen an increase of nearly 5% [1] - Applied Digital (APLD.US) has risen by over 3% [1] - Cipher Mining (CIFR.US) has gained more than 1.7% [1]

Core Viewpoint - Bitcoin has reached $88,000, leading to a rise in certain cryptocurrency mining companies [1] Company Performance - TeraWulf (WULF.US) has increased by nearly 5% [1] - Applied Digital (APLD.US) has risen by over 3% [1] - Cipher Mining (CIFR.US) has gained more than 1.7% [1]

Upgrades - Clear Street upgraded Plug Power (PLUG) to Buy from Hold with a price target of $3, down from $3.50, citing attractive upside following a recent selloff and noting dilution from convertible refinancing [2] - Keefe Bruyette upgraded TeraWulf (WULF) to Outperform from Market Perform with a price target of $24, up from $9.50, believing investors are underestimating the shift in TeraWulf's bitcoin mining to high performance compute leasing in 2026 and 2027 [3] Downgrades - Wedbush downgraded GlobalFoundries (GFS) to Neutral from Outperform with a price target of $40, down from $42, indicating that while there is potential for stronger revenues and margins, recent developments have delayed the realization of these catalysts [4] - Wedbush downgraded Tower Semiconductor (TSEM) to Neutral from Outperform with a price target of $125, citing valuation concerns as the stock approaches the firm's target price [4] - Truist downgraded DigitalBridge (DBRG) to Hold from Buy with an unchanged price target of $16, following SoftBank Group's all-cash acquisition announcement at $16 per share, with low probability of a competing bid [4] - Raymond James double downgraded OceanFirst Financial (OCFC) to Market Perform from Strong Buy without a price target, expecting significant dilution from the acquisition of Flushing Financial (FFIC) [4] - Raymond James downgraded Flushing Financial (FFIC) to Market Perform from Outperform without a price target, stating the acquisition by OceanFirst was at a fair price given the earnings challenges faced [4]

Core Viewpoint - Investment bank KBW upgraded TeraWulf (WULF) to "outperform" from "market perform" and raised its price target to $24 from $9.50, indicating a positive outlook on the company's shift from bitcoin mining to AI and high-performance computing leasing [1] Group 1: Company Transition and Growth Potential - The market is underestimating the earnings upside from TeraWulf's transition from BTC mining to HPC leasing, with significant growth catalysts expected from a 646 MW HPC leasing pipeline through 2027 [2][3] - TeraWulf's existing leases are projected to drive a 505% EBITDA compound annual growth rate (CAGR) from 2025 to 2027, supporting multiple expansion from the current 13.8x EV/EBITDA valuation [3] Group 2: Revenue and Profit Contribution - HPC leasing is expected to generate two-thirds or more of TeraWulf's revenue in 2026, with mining becoming largely immaterial by 2027 [4] - The majority of contribution profit is anticipated to come from HPC leasing, reflecting a significant shift in the company's revenue model [4] Group 3: Market Dynamics and Valuation - The report suggests that execution risk is lower than investors assume, citing secured financing for major build-outs and a strong track record of delivery [4] - KBW expects valuation upside as lease revenues scale in 2026, leading to cap-rate compression and potential new HPC deal announcements over the next year [5]

Group 1 - Terawulf Inc. (NASDAQ:WULF) is recognized as a top bitcoin mining stock, with a Buy rating from Rosenblatt Securities analyst Chris Brendler, who has set a target price of $20, indicating a potential upside of over 62% [1] - As of December 24, the stock has yielded nearly 118% in 2025, with all 10 analysts covering the stock assigning Buy ratings and a 1-year average price target of $21.73, suggesting an upside potential of 76.5% [2] - The company announced a significant update regarding its financial and strategic position, revealing that Flash Compute LLC issued $1.3 billion in senior secured notes to support its infrastructure operations, with a maturity in 2030 and an interest rate of 7.25% [3] Group 2 - Terawulf Inc. operates in the digital asset technology sector, focusing on bitcoin mining and high-performance computing, with a commitment to sustainability through energy-efficient data centers powered by 90% zero-carbon energy [4]

Core Insights - TeraWulf Inc. is transitioning from pure Bitcoin mining to High-Performance Computing (HPC) infrastructure to mitigate profitability challenges in the Bitcoin mining sector [2][3] Financial Performance - In Q3 2025, TeraWulf reported a GAAP revenue increase of 6% quarter-over-quarter, reaching $50.6 million, driven by $7.2 million in HPC lease revenue [2] - Bitcoin mining production decreased by 22% to 377 tokens, but adjusted EBITDA improved by 25% to $18.1 million, indicating a shift towards higher-margin HPC business [2] - The company reported a significant GAAP net loss of $455 million, compared to a loss of $18.4 million in the previous quarter [3] Strategic Developments - TeraWulf closed over $4.2 billion in transactions, including $3.2 billion in senior secured notes and $1.025 billion in convertible notes, to fund its expansion [3] - A 10-year agreement with Google is expected to generate $670 million in average annual revenue, supporting the expansion of the Lake Mariner facility [3] - The annual target for new HPC signings has been increased from 100 MW to a range of 250 to 500 MW, supported by a joint venture with FluidStack and Google for the Abernathy HPC campus in Texas [4]