Analysts Remain Bullish on TeraWulf (WULF) Amid Company’s Transition from Bitcoin Mining Toward High-Performance Computing Infrastructure

TeraWulf Inc. (NASDAQ:WULF) earns a spot on our list of the best blockchain infrastructure stocks according to analysts.

Analysts Remain Bullish on TeraWulf (WULF) Amid Company’s Transition from Bitcoin Mining Toward High-Performance Computing Infrastructure

As TeraWulf Inc. (NASDAQ:WULF) transitions from Bitcoin mining toward high-performance computing infrastructure, the company retains the confidence of all the covering analysts, who remain bullish on the stock. The consensus price target of $24 implies a 50% upside potential.

Against this backdrop, TeraWulf Inc. (NASDAQ:WULF) drew attention from analysts at B. Riley, who reiterated the firm’s “Buy” rating on the stock. At the same time, they raised the price target from $23 to $27 on March 2, 2026.

This update followed a similar action by analysts at Rosenblatt, who revisited the stock on February 27, 2026. The firm’s analysts believe the company experienced a transformational 2025 and is best-positioned to benefit from the AI boom. Analysts cited the pressure the company faced in the fourth quarter due to reduced Bitcoin mining exposure and higher operating expenses. However, the firm remains confident in TeraWulf’s ability to shift toward high-performance computing by monetizing its 2.2 GW power portfolio.

TeraWulf Inc. (NASDAQ:WULF) relies on nuclear, hydro, and solar energy to power and operate environmentally focused Bitcoin mining facilities in the U.S. The company is currently expanding into high-performance computing leasing through its Digital Asset Mining and HPC segments.

While we acknowledge the risk and potential of WULF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WULF and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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