Terawulf, Inc. (WULF)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-05
$10.08-13.85%
Close 2026-11-05 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-05
QuarterlyIQ Insights · WULF
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -67.5% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 60.8% |
Growth built into the price is above our model estimate.
The price assumes 128.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name has been missing across recent quarters and is on a run of consecutive earnings misses. A fundamental tilt, not a price call.
Model as of 2026-11-05 · Compared with 20 industry peers
WULF — credit agreement
Dated 2026-10-23
Entry into a Material Definitive Agreement. On October 23, 2026 (the “Effective Date”), TeraWulf Inc. (“TeraWulf” or the “Company”) entered into Amendment No. 1 (the “Amendment”) to the Existing Credit Agreement (as defined below), by and among the Company, as borrower, certain of the Company’s subsidiaries, as guarantors, the lenders from time to time party thereto, and Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent (the “Agent”). The Amendment amends that…
Why it matters: HPC leases made up 71% of Q2 revenue, up from $21.0 million in Q1 to $31.9 million in Q2. A drop would weaken the shift to lease income.
Worry ifQ3 HPC lease revenue falls below $31.9 million, the Q2 level.
Less concerning ifQ3 HPC lease revenue exceeds $31.9 million and remains a larger share of total revenue.
Why it matters: Management tied Lake Mariner construction to a cost range of $8–10 million per critical IT MW. Higher costs could strain project funding.
Worry ifReported CB-4 or CB-5 costs exceed $10 million per critical IT MW.
Less concerning ifReported CB-4 and CB-5 costs remain within $8–10 million per critical IT MW as work advances.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$475 on $10,000 · ±4.7% | How much price usually moves either way. |
| Bad day | $956 loss on $10,000 · 9.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,522 loss on $10,000 · 65.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.