TeraWulf Inc. (NASDAQ:WULF) is one of the 12 Most Shorted Stocks to Buy in 2026. On March 11, Keefe Bruyette reduced its price objective on the company’s stock to $23 from $24, while keeping an “Outperform” rating, as reported by The Fly. To demonstrate the impact of increased spending and equity-method accounting for the Abernathy JV, the firm reduced TeraWulf Inc. (NASDAQ:WULF)’s EBITDA estimates.

Also, the firm expects the company to exit mining by the year-end. As per the analyst, the recent decline in TeraWulf Inc. (NASDAQ:WULF)’s stock price represents a strong buying opportunity. Furthermore, the firm believes that investors have been over-discounting the current lease value, or they are overly conservative about TeraWulf Inc. (NASDAQ:WULF)’s 2026 lease signings. Notably, the company’s stock fell by over 6% in the past month.

In a separate release, Rosenblatt raised its price target on the company’s stock to $23 from $20 while maintaining a “Buy” rating. Post a strong 2025, the firm believes that the company is one of the well-placed former Bitcoin miners for the AI-driven supercycle.

TeraWulf Inc. (NASDAQ:WULF) owns, develops, and operates digital infrastructure. The company is engaged in developing and operating bitcoin mining facilities for bitcoin mining and HPC workloads.

While we acknowledge the potential of WULF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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