Terawulf is trading 4.03% down now at $16.91 after Citizens lowered its price target to $29 from $30 on August 7, 2026, while retaining an Outperform rating.
- The cut followed a wider-than-expected second-quarter loss and weak crypto-mining revenue.
- Bitcoin has risen 0.51% since the prior close, but company-specific earnings concerns and analyst caution outweighed the positive cryptocurrency backdrop.