On July 29, TeraWulf Inc. fell 5.09% in regular trading, trading at $16.135/share, with turnover of $52.84 million. The decline extends the stock's high-level retreat following its earlier surge on the Anthropic lease announcement, now compounded by cautious sentiment ahead of its upcoming earnings report.
On the news front, TeraWulf previously signed a 20-year lease agreement with Anthropic for its Justified Data Campus in Kentucky, with estimated contract revenue of approximately $19 billion over the lease term. The stock surged to $22.7 on July 8 on that announcement but has since pulled back over 28% from that peak. Meanwhile, market consensus for the upcoming August 5 earnings report points to revenue of $46.39 million (YoY +0.31%), adjusted EPS of -$0.23 (YoY -250.58%), and EBIT of -$43.14 million, reflecting significant profitability pressure. Institutional sentiment remains cautious on near-term earnings trajectory, though multiple analysts maintain buy ratings with targets ranging from $32 to $38.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)