TeraWulf Slides 4.94% Pre-Earnings; Morgan Stanley Sees 140% Upside
TeraWulf shares fell 4.94% on February 18 as investors await its Q4 and full-year 2025 earnings release scheduled for February 26 after market close. The company will present at eight conferences in March and holds an overweight rating with a $37 price target implying 140% upside.
1. February 18 Share Price Decline
TeraWulf’s stock dropped 4.94% on February 18, reflecting investor caution ahead of its upcoming earnings report. The decline underscores market sensitivity to the company’s performance in bitcoin mining and data center operations.
2. Upcoming Q4 and Full-Year Earnings
The company is set to release fourth-quarter and full-year 2025 financial and operating results after market close on February 26. Investors will focus on revenue, profitability, and cost trends as indicators of its mining and AI servicing prospects.
3. March Conference Presentations
TeraWulf will participate in eight industry conferences in March, including Morgan Stanley Energy and Power, J.P. Morgan Global Leveraged Finance, Nvidia GTC, and Jefferies Virtual Power x Coin. These events will allow management to discuss strategy, partnerships, and the shift toward AI data center services.
4. Morgan Stanley Rating and AI Strategy
Morgan Stanley assigned an overweight rating and a $37 price target, implying 140% upside from current levels. The firm highlighted TeraWulf’s transition from pure-play bitcoin mining to servicing the AI sector as a catalyst for long-term cash flow stability.