Market open · Delayed intraday data · 2:14 PM ET
Last update: Jul 6, 2026, 2:02 PM ET
TeraWulf Inc.
$22.70 7.17% today
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Why TeraWulf Inc. (WULF) stock moved

Updated Jul 6, 2026

TeraWulf Inc. (WULF) shares climbed 7.2% to $22.70 as of July 6, 2026, a significant gain from the prior close of $21.18. BestStocks flagged the session as a major change for WULF. Below, we break down what changed for WULF, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

WULF climbed 7.2% to $22.70

TeraWulf announced a 20-year lease agreement with Anthropic to build an AI-infrastructure campus in Kentucky, with an expected $19 billion in revenue over the term (WSJ, 2026-07-06). The stock surged +13.76% from $21.18 to $24.09 intraday on the news. Completion of construction milestones and first power delivery to the Anthropic facility in H2 2027; any updates on additional lease agreements or capacity commitments.

This summary describes the catalyst and move as first detected on Jul 6, 2026, 9:32 AM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Source: WSJ
ActivityNo Peer ComparisonWeak confidence
Rel. volume
1.9×
Above Avg
Vs peers
No peer data
No Peer Data
Market cap
$11.2B
NASDAQ
Analyst target
$37
+62.7% vs price
Price chart
Jun 5 – Jul 6
VVFV$21$25$29Jun 5Jun 12Jun 22Jun 26Jul 6
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for TeraWulf Inc. investors

For TeraWulf Inc. investors, the balance of recent signals points to a bullish shift. On the constructive side: Strong 7.2% price move with conviction; Positive price momentum. Weighing against that: New SEC filing — review for material disclosures. Wall Street's consensus price target sits at $36.94, implying +62.7% upside from $22.70. BestStocks rates the overall signal quality weak (0/100). With earnings roughly 39 days out, the next report is the most likely near-term test of the move.

WULF price reaction

WULF last traded at $22.70, up $1.52 (+7.17%) from the previous close of $21.18. The session traded on 1.9× average volume (above avg), so the move carried above-average conviction. Over the past month the stock has ranged between $21.18 and $28.98, and it currently sits about 19% of the way up that band.

Bullish and bearish analyst opinions on TeraWulf Inc. (WULF)

Latest catalyststrengthens the bull case
The latest catalyst — a materially positive development — it strengthens the bull case and confirms the prevailing bullish analyst lean.

The consensus analyst price target on TeraWulf Inc. (WULF) is $36.94, 62.7% above the recent $22.70. Over the past 90 days analysts logged 0 upgrades, 10 maintains, and 0 downgrades. Here is how the bullish and bearish cases on WULF line up.

The bullish case

  • Wall Street's consensus price target of $36.94 implies +62.7% upside from $22.70.
  • The Street's most bullish target is $66.50 (+193.0%).
  • Strong 7.2% price move with conviction.
  • Positive price momentum.

The bearish case

  • The bearish case is comparatively thin on recent signals; the main risk is that the climb toward the $36.94 consensus target has to be earned, and any of the risks BestStocks tracks could weigh on the shares.
Bull vs bear balanceBullish Shift
BearishNeutralBullish
The latest catalyst moved the balance toward the bulls — the hollow tick marks where it sat before.

Weighing both sides, BestStocks' composite read of recent signals is bullish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Jul 6, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $37+62.7%
= 10 maintains
B. Riley Securities maintained Buy · 2026-05-27
SEC filings watch
8-K2026-06-10
Material event — review for impact
high
8-K2026-05-26
Material event — review for impact
high
10-Q2026-05-08
Quarterly financial results
medium
8-K2026-05-08
Material event — review for impact
high
Peer context
WULF+7.2%

Previous notable changes for WULF

Valuation2026-07-02-10.2%via Yahoo Finance
WULF declined 1.13% intraday to $23.09. Web search indicates TeraWulf is transitioning from Bitcoin mining to high-performance computing and AI infrastructure, with Citi initiating coverage at a $36 price target and the stock added to the Russell Midcap Growth Benchmark.
Risk2026-07-01-4.5%via Yahoo Finance
WULF declined 4.64% intraday to $23.55. The stock has faced recent pressure from a $900 million share sale and concerns over Bitcoin mining operations, which triggered a 6% drop following the capital raise announcement.
Filings2026-06-10-8.3%
Wolverine World Wide (WULF) filed an 8-K on June 10, 2026. The stock showed no price movement on the filing date.
Material / Earnings2026-05-08-2.6%
Wolfspeed (WULF) reported an EPS miss of $-1.01 vs. the estimate of $-0.19 for 2026, a -429% surprise. The company posted a significantly larger loss than expected.
Upcoming catalysts & outlook
Next earnings
2026-08-14 (est.)
in 39 days
Earnings Release
2026-08-14
High impact
Thesis shift
Bullish Shift
bullish signal
Risk level
Medium
from change events

Frequently asked questions about WULF

Why did TeraWulf Inc. (WULF) stock move?

WULF climbed 7.2% to $22.70. The move is tied to the catalyst and context summarized above, not unexplained technical trading.

How much did WULF stock rise?

WULF gained 7.17% ($1.52) versus the prior close of $21.18, last trading at $22.70 on 1.9× average volume.

When is TeraWulf Inc.'s next earnings date?

WULF's next earnings report is estimated for 2026-08-14 — about 39 days away.

What is the analyst price target for WULF?

The consensus analyst price target for WULF is $36.94, about 62.7% above the current $22.70. Over the past 90 days, analysts recorded 0 upgrades, 10 maintains, and 0 downgrades.

How BestStocks tracks WULF

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared WULF-specific materiality thresholds, triggering an evidence check. It draws on 5 tracked change events for WULF, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of July 6, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.