WULF vs VNET vs BSAI Stock Comparison

Terawulf, Vnet and Blusky Ai Prices as of Oct 26, 2026 Peers: Industry group
WULF Terawulf Inc.
$11.98 -23.9% 1M -12.6% 1Y
Market cap
$6.16B
P/E
–
Revenue (TTM)
$165.19M
Div. yield
–
Data Centers Technology
2 wins
VNET VNET Group, Inc.
$3.93 -40.8% 1M -59.1% 1Y
Market cap
$1.02B
P/E
–
Revenue (TTM)
$1.55B
Div. yield
–
Data Centers Technology
5 wins
BSAI Blusky Ai Inc.
$11.11 +30.2% 1M +133.9% 1Y
Market cap
$278.63M
P/E
–
Revenue (TTM)
—
Div. yield
–
Data Centers Technology
2 wins

Head to Head

9 decided of 12

Vnet leads on 5 of the 12 questions below (Vnet 5, Terawulf 2, Blusky Ai 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionWULFVNETBSAILeader
Larger companyMarket capitalisation $6.16B $1.02B $278.63M WULF
Cheaper on earningsLower P/E, profitable companies only -3.2x -3.0x -20.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +4.1% +1,237.9% — VNET
More profitableNet margin, trailing twelve months -1,179.9% -22.1% — VNET
Better return on capitalReturn on invested capital -9.2% 3.7% — VNET
Less leveragedLower net debt / EBITDA -8.4x 3.8x — WULF
Higher dividend yieldTrailing dividend yield 0.00% 0.00% — –
Better 1-year returnPrice return, last 12 months -12.6% -59.1% +133.9% BSAI
Better 5-year returnAnnualised price return, 5 years -15.5%/yr -24.9%/yr -3.8%/yr BSAI
Less volatileAnnualised volatility, 1 year 92.8% 77.8% 900.1% VNET
Higher overall scoreMean of the five percentile scores vs peers 11/100 69/100 — VNET

Percentile Scorecard

WULFVNETBSAI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisWULFVNETBSAI
Valuation 3 #37 of 38 97 #2 of 38 –
Growth 6 #34 of 36 74 #10 of 36 3 #35 of 36
Profitability 6 #32 of 34 70 #11 of 34 –
Financial Health 27 #28 of 38 35 #25 of 38 16 #32 of 38
Shareholder Returns 15 #18 of 21 – –
Overall 11 69 –
  • WULF ranked among 39 companies in Cloud Computing
  • VNET ranked among 39 companies in Cloud Computing
  • BSAI ranked among 39 companies in Cloud Computing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodWULFVNETBSAISPY
1 month -23.9%-40.8%+30.2% -0.8%
3 months -33.4%-45.2%+58.7% +3.5%
6 months -44.1%-55.5%+159.6% +7.0%
Year to date +4.3%-53.5%+105.7% +12.2%
1 year -12.6%-59.1%+133.9% +13.0%
3 years +969.6%+32.8%+1,288.8% +86.3%
3 years, per year +120.5%+9.9%+140.5% +23.1%
5 years -56.8%-76.0%-17.7% +68.6%
5 years, per year -15.5%-24.9%-3.8% +11.0%
10 years +10.9%-48.6%-97.9% +258.0%
10 years, per year +1.0%-6.4%-31.9% +13.6%

Risk

MeasureWULFVNETBSAISPY
Volatility, 1Y 92.8%77.8%900.1% 12.7%
Downside volatility, 1Y 90.2%75.4%1,049.3% 12.7%
Beta vs S&P 500, 1Y 3.722.508.47 1.00
Return / volatility, 1Y -0.14-0.760.15 1.02
Max drawdown, 5Y -98.7%-92.1%-99.9% -25.4%
From 52-week high -58.7%-72.0%-41.6% -1.8%
52-week high $28.98$14.03$19.01 $779.14
52-week low $10.99$3.71$0.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleWULFVNETBSAI
P/E now vs peer median -3.0xmedian 29.6x -3.1xmedian 29.6x -20.3xmedian 29.6x
P/S now vs peer median 36.2xmedian 4.2x 0.7xmedian 4.2x —median 4.2x
EV/EBITDA now vs peer median -27.7xmedian 24.2x 6.2xmedian 24.2x —median 24.2x
P/FCF now vs peer median -2.2xmedian 15.1x 0.8xmedian 15.1x —median 15.1x
P/B now vs peer median 40.5xmedian 3.9x 1.8xmedian 3.9x -172.0xmedian 3.9x
PEG now vs peer median 0.03median 0.38 0.11median 0.38 0.05median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsWULFVNETBSAI
Revenue $165.19M $1.55B –
Gross profit $114.42M $316.73M –
Operating income -$413.59M $93.26M -$3.00M
Net income -$1.95B $623.86M -$5.17M
Free cash flow -$2.74B $1.29B –
R&D – $43.13M –
EPS (diluted) $-4.01 $-1.27 $-0.55
Cash & equivalents $2.62B $990.51M $507.55K
Total debt $5.21B $9.03B $3.10M
Shares (diluted) 485.73M 268.71M 25.03M
Enterprise value -$3.07B -$2.70B $275.87M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricWULFVNETBSAI
P/E -3.0x -3.1x -20.3x
P/FCF -2.2x 0.8x –
P/Operating cash flow -21.4x 4.2x –
P/S 36.2x 0.7x –
P/B 40.5x 1.8x -172.0x
P/Tangible book 40.6x 1.8x -172.0x
EV/EBITDA -27.7x 6.2x –
EV/EBIT -20.7x 23.3x -92.7x
EV/Revenue 51.9x 1.8x –
EV/FCF -3.1x 2.2x –
EV/Operating cash flow -30.7x 11.3x –
PEG (3Y EPS CAGR) 0.03 0.11 0.05

Growth

14 metrics
MetricWULFVNETBSAI
Revenue growth (1Y) 4.1% 1,238% –
Revenue CAGR (3Y) 59.9% 14.1% –
Gross profit growth (1Y) 47.3% 7.5% –
Gross profit CAGR (3Y) 79.3% 18.4% –
Operating income growth (1Y) -190.5% -1.2% -54.1%
Operating income CAGR (3Y) -114.6% 49.3% -52.1%
Net income growth (1Y) -942.8% 135.8% -228.9%
Net income CAGR (3Y) -166.8% 110.2% -34.0%
EPS growth (1Y) -728.9% -1,591% -9.1%
EPS CAGR (3Y) -101.1% -28.2% -384.4%
Operating cash flow growth (1Y) -350.5% -6.4% –
Operating cash flow CAGR (3Y) -141.4% -5.2% –
Free cash flow growth (1Y) -508.0% 67.9% –
Free cash flow CAGR (3Y) -276.0% 26.0% –

Profitability

14 metrics
MetricWULFVNETBSAI
Gross margin 69.3% 20.5% –
EBITDA margin -187.4% 29.5% –
Operating margin -250.4% 6.0% –
Pretax margin -1,164% 31.4% –
Net margin -1,180% -22.1% –
FCF margin -1,656% 83.5% –
Operating cash flow margin -169.0% 16.1% –
Return on equity -5,567% 102.8% –
Return on assets -25.8% 8.7% -209.3%
Return on invested capital -9.2% 3.7% –
Return on capital employed -11.0% 2.3% –
Asset turnover 0.0x 0.2x –
Cash conversion (OCF / net income) 0.1x 0.4x –
Stock comp / revenue 118.8% – –

Financial Health

11 metrics
MetricWULFVNETBSAI
Debt / assets 64.8% 37.5% 8.1%
Debt / equity 35.3x 4.6x -0.1x
Net debt / EBITDA -8.4x 3.8x –
Debt / FCF -1.9x 2.1x –
Liabilities / assets 98.2% 91.8% 171.4%
Equity / assets 1.8% 8.2% -71.4%
Interest coverage -2.1x 1.1x -49.6x
Current ratio 0.7x 1.0x 0.1x
Quick ratio 0.7x 0.7x 0.1x
Cash ratio 0.7x 0.5x 0.1x
Altman Z-score -0.25 -0.03 –

Shareholder Returns

7 metrics
MetricWULFVNETBSAI
Dividend yield – – –
Net buyback yield -20.3% – –
Shareholder yield -20.3% – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusWULFVNETBSAI
EPS, next fiscal year $-3.04FY2026 $-0.06FY2026 –
Revenue, next fiscal year $247.09MFY2026 $1.66BFY2026 –
Revenue growth, next FY +46.6%FY2026 +16.9%FY2026 –
Revenue growth, the year after +255.6% +35.8% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersWULFVNETBSAI
Held by institutions 79.4% 60.7% –
Institutions holding 495 161 –
Change in shares held, QoQ +25.2% +17.5% –
Institutions buying 307 95 –
Institutions selling 137 48 –
Buyers to sellers 2.24 1.98 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

WULFVNETBSAI
WULF 1.00 0.44 0.15
VNET 0.44 1.00 0.14
BSAI 0.15 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, WULF, VNET and BSAI?

Terawulf (WULF) is the largest by market capitalisation: Terawulf (WULF) $6.16B, Vnet (VNET) $1.02B, Blusky Ai (BSAI) $278.63M.

Which company is growing faster?

Vnet (VNET) grew revenue fastest over the trailing twelve months: Terawulf (WULF) +4.1%, Vnet (VNET) +1,237.9%.

Which company is more profitable?

Vnet (VNET) has the highest net margin (Terawulf (WULF) -1,179.9%, Vnet (VNET) -22.1%). On return on invested capital, Vnet (VNET) leads (Terawulf (WULF) -9.2%, Vnet (VNET) 3.7%).

Which stock has performed better?

Over the past year Blusky Ai (BSAI) returned the most: Terawulf (WULF) -12.6%, Vnet (VNET) -59.1%, Blusky Ai (BSAI) +133.9%. Over five years, Blusky Ai (BSAI) compounded fastest (Terawulf (WULF) -15.5%/yr, Vnet (VNET) -24.9%/yr, Blusky Ai (BSAI) -3.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Vnet (VNET) has been the steadiest (Terawulf (WULF) 92.8%, Vnet (VNET) 77.8%, Blusky Ai (BSAI) 900.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, WULF, VNET and BSAI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Vnet (VNET) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.