Gallery
Picture 1
Wulf stock forecast sector trend analysis places "wulf
New with box
Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
Sector trend analysis places "wulf stock forecast" in a favorable position as blockchain infrastructure spending grows 22% globally in 2024, driving potential multi-quarter gains. However, not all blockchain companies are focused on mining cryptocurrencies. Some of the companies involved in the blockchain space develop applications, provide services, or create new use cases by utilizing blockchain technology. TeraWulf ( NASDAQ:WULF - Get Free Report ) had its target price lifted by investment analysts at Roth Capital from $7.00 to $12.50 in a report issued on Friday, Benzinga reports. The firm presently has a "buy" rating on the stock. Roth Capital's price target suggests a potential upside of 34.70% from the company's previous close. Current market data backs a positive "wulf stock forecast", with the stock trading above its 50-day moving average and RSI at 62, signaling potential upside. Sector rotation towards technology and digital assets is reinforcing investor sentiment.