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Analysts remain bullish on TeraWulf (NASDAQ: WULF), as the company transitions from Bitcoin mining to high-performance computing infrastructure. Following similar positive remarks from Rosenblatt, B. Riley reiterated a "buy" rating on March 2, 2026, and raised its price target to $27. The analyst noted that despite recent headwinds from declining Bitcoin mining revenues and rising operating costs, TeraWulf's strategic transformation leveraging its 2.2 gigawatt clean energy asset portfolio positions it to benefit from the booming artificial intelligence sector. The market consensus price target is $24, implying 50% upside potential.