TeraWulf Analysts Stay Bullish After Google Backstops $19 Billion Anthropic Lease
TeraWulf shares rise after a revenue beat; analysts retain Buy ratings but cut targets, citing Google-backed $19B Anthropic lease, HPC growth.
Stocks · News reference
Northland Securities analyst Michael Grondahl maintained a Buy rating on TeraWulf Inc. and adjusted the price target from $30 to $22.50.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
TeraWulf shares rise after a revenue beat; analysts retain Buy ratings but cut targets, citing Google-backed $19B Anthropic lease, HPC growth.
Analysts raised targets for Magnite, Airbnb and Choice Hotels; cut targets for Unusual Machines, DraftKings, PDD and TeraWulf. DKNG and PDD downgraded.
Needham has maintained its 'Buy' rating on TeraWulf Inc. while lowering the price target from $33 to $25.
Iren (IREN) surged 20% after reporting strong Q1 FY27 earnings with AI cloud revenue nearly tripling to $200 million. The company is converting Bitcoin mining operations to AI cloud capacity and secured a five-year contract with 90% GPU prepayments, signaling strong customer demand and capital efficiency. However, execution risks remain as Microsoft-requested networking changes previously delayed a $9.7 billion AI project.