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TeraWulf Jumps to 52-Week High as Analysts Back AI Data-Center Pivot

Investors are repricing the former bitcoin miner on expectations for AI hosting ahead of a Feb. 26 earnings update.

Overview

  • Shares rose more than 13% over the past week, setting a new 52-week high.
  • Several firms, including Oppenheimer, Citizens, and Cantor Fitzgerald, raised targets and issued overweight calls in recent days.
  • Analyst consensus for 2026 has improved to an estimated loss of about $0.17 per share, a markedly better outlook than last quarter’s expectations.
  • TeraWulf has shed essentially all of its Bitcoin holdings as it shifts resources to AI and high-performance computing infrastructure.
  • The company reports on Feb. 26, when investors will look for concrete updates on AI hosting progress and capacity monetization.