Why Is TERAWULF INC (WULF) Stock Up Today?

TeraWulf Inc (WULF) shares rose 14.53% to close at $12.53. The primary driver was a sector-wide rebound in AI data center stocks, which followed a recent selloff in price targets for former bitcoin miners. This move coincided with a broader rally in peers such as Cipher Digital and IREN.

What Happened

The stock’s ascent was part of a wider recovery in the AI infrastructure sector. Cipher Digital shares gained 11% in morning trading, while IREN jumped 10%. TeraWulf’s performance aligned with this group of companies that have pivoted from bitcoin mining to hosting AI data centers. Analyst activity also influenced the narrative, with B. Riley Securities maintaining a Buy rating on the stock while lowering its price target to $26 from $40. Keefe Bruyette also adjusted price targets for bitcoin miners in a sector-wide reset.

What The Data Shows

TeraWulf has a market capitalization of $5.9 billion and remains unprofitable, with a trailing twelve-month EPS of -4.51. Revenue grew 14.6% over the same period. The stock carries a high beta of 4.25 and trades within a 52-week range of $10.35 to $29.84. Over the last eight sessions, the stock moved up 10.7% from $11.32 to $12.53. On November 3, 2026, the stock printed 46 fresh 52-week highs. Unusual options activity in the last 36 hours included three notable prints with $2.0 million in call premium and no put premium, with the largest single print at $848,000. Insider filings over the last 90 days show two buys totaling $190,000 and three sells totaling $5.3 million. The most recent transaction was a buy by Director Michael C. Bucella on September 15, 2026.

What To Watch

Investors will monitor the upcoming earnings date for further catalysts. The stock’s high beta and recent volatility suggest continued sensitivity to sector news and analyst adjustments.