# (NASDAQ:WULF) shares are trading higher Thursday after Cantor Fitzgerald maintained its rating and raised the price target on the stock.

*fintech · news · 2026-04-09 · Benzinga*

## Key points

- Cantor Fitzgerald raised TeraWulf's price target from $24 to $30 while maintaining an overweight rating.
- TeraWulf stock is trading 25.4% above its 20-day and 36.2% above its 100-day SMA.
- A golden cross occurred on August 15, 2025, signaling a bullish long-term trend for TeraWulf.
- TeraWulf's revenue is increasingly tied to both bitcoin mining and high-density colocation services.

**Companies:** TeraWulf Inc.
**Countries:** United States, Iran

[Read the full story on Benzinga](https://www.benzinga.com/trading-ideas/movers/26/04/51739007/whats-behind-the-jump-in-terawulf-stock)

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