WULF - NASDAQ

TeraWulf Inc.

WULF·NASDAQ

$26.16

+1.9%

Financial ServicesFinancial - Capital Markets

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites located in New York and Pennsylvania. TeraWulf Inc. is based in Easton, Maryland.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$12.96B

EPS-1.6600

P/E Ratio-15.76

Earnings Date08/14/2026

wulf

Operating Expenses

Last Annual Value

256.10M

3-Year CAGR

75%

5-Year CAGR

117%

10-Year CAGR

46%

Adjust for Inflation

TeraWulf Inc. Competitors Analysis of Operating Expenses

WULF · NASDAQ

Company	Operating Expenses	CAGR 3Y	CAGR 5Y	CAGR 10Y
TeraWulf Inc. NASDAQ:WULF	256.10M	53.1%	42.7%	44.9%
PennyMac Financial Services, Inc. NYSE:PFSI	2.48B	71.2%	26.2%	28.3%
Riot Platforms, Inc. NASDAQ:RIOT	298.78M	49.5%	13.2%	46.8%
Cipher Mining Inc. NASDAQ:CIFR	36.38M	-27.8%	-12.8%	N/A
Raymond James Financial, Inc. NYSE:RJF	9.47B	1.5%	3.8%	7.7%
Virtu Financial, Inc. NASDAQ:VIRT	449.74M	-0.5%	0.5%	13.7%
Hut 8 Corp. NASDAQ:HUT	224.71M	90.6%	25.1%	115.1%
Piper Sandler Companies NYSE:PIPR	1.40B	5.9%	-1.8%	6.1%
StoneX Group Inc. NASDAQ:SNEX	530.00M	N/A	N/A	N/A
MarketAxess Holdings Inc. NASDAQ:MKTX	243.44M	5.8%	4.9%	12.5%
Moelis & Company NYSE:MC	1.23B	89.7%	56.6%	29.7%

TeraWulf Inc. Fair Value Envelope

WULF · NASDAQ

Our analysis suggests that WULF has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $26.16, this represents a potential HIDDEN relative to our calculated worth for TeraWulf Inc..

HIDDEN

Intrinsic Value

Current Price: $26.16

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