Analysts have reversed their outlook on TeraWulf, now forecasting the company will remain unprofitable for the foreseeable future.
Previous estimates projected the bitcoin miner would achieve profitability by 2027. The revised consensus now anticipates a loss of approximately $130.5 million in 2028.
A recent downturn in Bitcoin prices directly impacted mining profitability. TeraWulf also reported a wider-than-expected loss for the first quarter of 2026.
Many analysts maintain a Buy rating despite the delayed timeline. They cite the company's strategic pivot to high-performance computing as a long-term growth driver.