Analysts Upgrade TeraWulf Price Target to $24, Up from $9.5
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 01 2026
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Source: Benzinga
- Rating Upgrade: Clear Street analyst Tim Moore upgraded Plug Power Inc. from Hold to Buy, although he lowered the price target from $3.5 to $3, reflecting a cautious outlook on the company's future performance.
- Price Target Increase: Keefe, Bruyette & Woods analyst Bill Papanastasiou upgraded TeraWulf Inc. from Market Perform to Outperform and raised the price target from $9.5 to $24, indicating strong confidence in its growth potential.
- Market Performance: TeraWulf shares closed at $11.49 on Tuesday, leaving significant upside potential relative to the new analyst target price, suggesting optimistic market sentiment towards its prospects.
- Investment Recommendation: The positive ratings and price target increase for TeraWulf may attract more investor attention to the stock, potentially boosting its market performance and liquidity.
Analyst Views on PLUG
Wall Street analysts forecast PLUG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLUG is 2.46 USD with a low forecast of 0.75 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
4 Buy
8 Hold
3 Sell
Hold
Current: 2.300
Low
0.75
Averages
2.46
High
7.00
Current: 2.300
Low
0.75
Averages
2.46
High
7.00
About PLUG
Plug Power Inc. is engaged in offering end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals. The Company develops commercially viable hydrogen and fuel cell product solutions. It provides electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, to generate hydrogen on-site. It focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits; stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers; and production of hydrogen.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
