A History of Outperforming Analyst Forecasts and Beating the Odds: TeraWulf Inc (WULF)

With 31.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 40.67 million shares. The 52-week range on WULF shows that it touched its highest point at $9.30 and its lowest point at $1.57 during that stretch. It currently has a 1-year price target of $9.15. Beta for the stock currently stands at 2.75.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WULF was down-trending over the past week, with a drop of -9.05%, but this was down by -37.08% over a month. Three-month performance dropped to -58.95% while six-month performance fell -15.03%. The stock gained 72.01% in the past year, while it has lost -44.08% so far this year. A look at the trailing 12-month EPS for WULF yields -0.20 with Next year EPS estimates of 0.19. For the next quarter, that number is -0.04. This implies an EPS growth rate of 92.92% for this year and 1400.42% for next year.

Float and Shares Shorts:

At present, 385.65 million WULF shares are outstanding with a float of 284.33 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WULF since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.14366 being high and -$0.1847 being low. For WULF, this leads to a yearly average estimate of -$0.16418. Based on analyst estimates, the high estimate for the next quarter is $0.05 and the low estimate is -$0.1. The average estimate for the next quarter is thus -$0.03.