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Rosenblatt raises TeraWulf price target to $14.50, cites undervalued HPC pipeline
Yahoo Finance· 2025-10-02 21:45
Rosenblatt Securities reiterated its Buy rating on TeraWulf (WULF) and lifted its 12-month price target from $12.00 to $14.50 in an October 2 research update, citing what it sees as an underappreciated HPC hosting pipeline. Get these headlines directly to your inbox: subscribe to Blockspace. Rosenblatt projects TeraWulf’s revenue to climb from $183.1 million in 2025 to $923.3 million by 2027, while adjusted EBITDA is expected to surge from a slight loss of $1.7 million in 2025 to $531.9 million in 2027. R ...