--- title: "Why Is TeraWulf Stock Surging Monday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/293244469.md" description: "TeraWulf (WULF) stock surged on Monday, driven by a sector-wide technical recovery and renewed investor confidence in AI data infrastructure following Hut 8's $9.8B lease deal. Despite short-term weakness below key moving averages, the long-term uptrend remains intact. Analysts maintain a 'Buy' consensus with an average price target of $36.00, citing strong ETF exposure and upcoming earnings as potential catalysts." datetime: "2026-07-20T17:49:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293244469.md) - [en](https://longbridge.com/en/news/293244469.md) - [zh-HK](https://longbridge.com/zh-HK/news/293244469.md) --- # Why Is TeraWulf Stock Surging Monday? **TeraWulf Inc.** (NASDAQ:WULF) stock is surging on Monday, driven by a sector-wide technical recovery and a massive peer-company contract that has reignited investor confidence in AI data center infrastructure. The upward movement follows a downturn last week, after New York Gov. **Kathy Hochul** signed an executive order launching a statewide moratorium on new hyperscale data centers. The Nasdaq is up 0.70% while the S&P 500 has gained 0.12%, and Technology is leading with a 0.8% gain. ## Bitcoin Stabilizes Above $65K Broader cryptocurrency markets are providing a stable backdrop for the recovery. **Bitcoin** (CRYPTO: BTC) is trading at $65,414.38 on Monday, according to CoinMarketCap, reflecting a 24-hour gain of 1.21% and a 7-day increase of 5.21%. This stabilization follows mid-July market fluctuations where crypto-linked companies faced pressure from declining Bitcoin prices amid escalating U.S.-Iran tensions. **Read Also: Micron’s Moonshot Meets UBS: Was the AI Stock Warning Early or Just Unloved?** ## Peer Contract Validates Valuation Investor sentiment is heavily influenced by **Hut 8 Corp.** (NASDAQ:HUT), which announced Monday it fully commercialized its 1-gigawatt Beacon Point campus via a second 352-megawatt IT lease. The 15-year triple net lease is valued at $9.8 billion over its base term. “We took this greenfield site from first lease to full commercialization in just months,” stated Hut 8 CEO **Asher Genoot**, adding that the transaction validates the long-term orientation of their partnerships. ## TeraWulf Technical Analysis Despite the recent pullback, TeraWulf remains up about 279% over the past year. The stock trades roughly 9.5% above its 200-day simple moving average of $17.29, indicating the longer-term uptrend remains intact. However, the shares remain under pressure in the short term. WULF trades about 17% below its 20-day moving average of $22.81 and 21.1% below its 50-day moving average of $24.01. Momentum indicators also remain cautious. The moving average convergence divergence (MACD) indicator is below its signal line with a negative histogram, suggesting bullish momentum has weakened following the stock’s sharp rally earlier this year. The 20-day moving average remains below the 50-day average, reflecting short-term weakness. However, the 50-day average continues to hold above the 200-day average, preserving the longer-term bullish trend established in August 2025. Traders are watching resistance near $20.82, close to the 100-day moving average. Initial support sits around $17.29, which aligns with the 200-day moving average. ## Earnings And Analyst Outlook Looking further out, the next major catalyst for the stock arrives with the August 7, 2026 (estimated) earnings report. - **EPS Estimate**: Loss of 19 cents (Down from loss of 5 cents YoY) - **Revenue Estimate**: $47.99 million (Up from $47.64 million YoY) **Analyst Consensus & Recent Actions:** The stock carries a Buy rating with an average price forecast of $36.00 (high: $72.00; low: $25.00) across 23 analysts. Recent analyst moves include: - **Cantor Fitzgerald**: Overweight (Maintains forecast to $37.00) (July 15) - **Rosenblatt**: Buy (Maintains forecast to $30.00) (July 15) - **Morgan Stanley**: Overweight (Raises forecast to $72.00) (July 8) ## TeraWulf Top ETF Exposure - **Amplify Blockchain Technology ETF** (NYSE:BLOK): 4.36% Weight - **Bitwise Crypto Industry Innovators ETF** (NYSE:BITQ): 5.64% Weight - **VanEck Digital Transformation ETF** (NASDAQ:DAPP): 5.50% Weight **Significance:** Because WULF carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock. **WULF Stock Price Activity:** TeraWulf shares were up 4.21% at $18.93 at the time of publication on Monday, according to Benzinga Pro data. _Photo via Shutterstock_ **Read Also: Cinema Operator AMC Entertainment Rides the Box Office Boom** ### Related Stocks - [WULF.US](https://longbridge.com/en/quote/WULF.US.md) - [HUT.US](https://longbridge.com/en/quote/HUT.US.md) - [WULX.US](https://longbridge.com/en/quote/WULX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [UBS.US](https://longbridge.com/en/quote/UBS.US.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) - [BITQ.US](https://longbridge.com/en/quote/BITQ.US.md) - [DAPP.US](https://longbridge.com/en/quote/DAPP.US.md) - [AMC.US](https://longbridge.com/en/quote/AMC.US.md) - [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md) - [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md) - [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md) - [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md) - [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md) - [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md) - [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md) - [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md) - [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md) ## Related News & Research - [Chardan Capital Reiterates "Buy" Rating for TeraWulf (NASDAQ:WULF)](https://longbridge.com/en/news/295022225.md) - [TeraWulf (WULF) Secures Anthropic Lease, Is The Stock Still Below Fair Value?](https://longbridge.com/en/news/294609800.md) - [Cattle Look to Tuesday After Fading to Start August](https://longbridge.com/en/news/294825436.md) - [TeraWulf Q2 revenue misses expectations](https://longbridge.com/en/news/294956145.md) - [TeraWulf (NASDAQ:WULF) Stock Price Up 16.4% - What's Next?](https://longbridge.com/en/news/294393112.md)