TeraWulf Inc. Common Stock (WULF)

FairStock Score: 16/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for consistent earning power and a margin of safety, and TeraWulf offers little of either in the data. The sector label says financial services, but the company describes digital infrastructure and bitcoin mining; bank measures such as CET1, NIM and combined ratio are not in the data, so I can only judge the reported operating record and leverage. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $12.8M, net income was -$939.9M, and diluted EPS was -$1.94. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $13.0M, net income -$427.6M, and diluted EPS -$1.01. For FY2025 ended 2025-12-31, revenue was $151.6M, net income -$661.4M, and diluted EPS -$1.66; FY2024 and FY2023 also lost money. The FairStock-calculated P/E is -2.69 and P/B is 41.31 at the 2026-10-26 close, with ROE -1211.81%, ROCE -4.79%, D/E 35.50 and a Piotroski F-Score of 3/9. The FairStock Score is 16/100, beta is 4.25, and the computed Lynch category is none because of losses in each of the last four years. I see no evidence of a durable moat in a capital-intensive, energy- and bitcoin-price-sensitive business. Growth is not compensating: FairStock's revenue growth measure is -6.02% and profit growth is -999.00%. At $11.98, the market is paying a rich price for assets against a weak earnings record. Without evidence of sustainable profits, I would call this speculative, not a value investment.

In plain English: TeraWulf runs bitcoin mining and digital infrastructure facilities. The business looks weak: it has lost money in each of the last four years, and the latest reported quarter had a very large loss. At $11.98, the stock looks expensive compared with its accounting value and has no profit to support it.

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Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer