10 Stocks That Will Profit From AI

4. TeraWulf Inc. (NASDAQ:WULF)

EPS next year: 1400.42%

Number of Hedge Fund Holders: 43

TeraWulf Inc. (NASDAQ:WULF) develops sustainable computing infrastructure for AI applications, leveraging renewable energy and optimizing operational efficiency. The U.S.-based energy infrastructure company specializes in developing and operating fully integrated, environmentally sustainable facilities for Bitcoin mining and high-performance computing (HPC) applications. The company utilizes zero-carbon energy sources to produce domestically mined Bitcoin with a minimal environmental footprint.

In December 2024, TeraWulf Inc. (NASDAQ:WULF) reported an operational Bitcoin mining capacity of 195 megawatts (MW) and an installed self-mining hash rate of approximately 9.7 exahashes per second (EH/s), marking a 94% year-over-year increase. The company self-mined 158 Bitcoin during the month, achieving an average daily production rate of about 5.1 Bitcoin. Expanding into the HPC hosting sector, TeraWulf signed long-term data center lease agreements with Core42 in December 2024.

TeraWulf Inc. (NASDAQ:WULF) has announced a notable increase in non-GAAP adjusted EBITDA, which climbed to $60.4 million in 2024, compared to $31.9 million the previous year.

Analysts have maintained a consensus “Buy” rating for the stock, as of March 25th. The one-year median price target indicates a potential upside of 184.43% from the current price.