Terawulf WULF Peer Comparison

NASDAQ WULF
$15.40 +0.91 (+6.31%)
As of: Sep 16, 2026 · 3:59 PM EDT
Peer Comparison

97 Comparable Companies

Industry Group Cloud Computing

Terawulf Inc. (WULF) is the 34th largest of 97 Cloud Computing companies by market capitalisation, at 8.35 Bn, behind Galaxy Digital at 9.54 Bn. The table below compares all 97 on 7 financial metrics, including companies with a secondary business in the group.

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# Symbol Company Industry Mkt Cap Price Chg % 1Y P/E P/S Enterprise Value
1 GOOGL 2nd Alphabet Cloud Platforms 4.11 Tn 338.50 +1.77% +41.53%
2 MSFT Microsoft Cloud Platforms 3.68 Tn 495.63 +0.65% -0.95% 27.76 10.97 3.51 Tn
3 AMZN 2nd Amazon Com Cloud Platforms 2.77 Tn 256.78 +1.94% +11.67% 12.33 1.91 2.53 Tn
4 SOS 2nd Sos Data Centers 1.95 Tn 0.75 +0.00% -53.70%
5 ORCL 2nd Oracle Cloud Platforms 454.05 Bn 150.15 -1.97% -54.27% 24.72 5.92 387.59 Bn
6 BABA 2nd Alibaba Group Holding Cloud Platforms 253.83 Bn 109.29 +0.68% -24.07% 23.63 1.65 205.03 Bn
7 IBM International Business Machines Cloud Platforms 229.16 Bn 243.24 +3.92% -5.36% 20.87 3.24 212.46 Bn
8 STX 2nd Seagate Technology Holdings Data Centers 188.28 Bn 830.17 -3.73% +321.81% 53.76 14.04 169.48 Bn
9 SHOP 2nd Shopify Web Hosting and Domains 166.81 Bn 128.79 +1.73% -9.43% 87.21 12.67 163.20 Bn
10 EQIX Equinix Data Centers 102.39 Bn 1,037.72 +1.36% +32.94% 65.59 10.23 98.13 Bn
11 NET Cloudflare Content Delivery Networks 98.76 Bn 306.54 -1.44% +36.46% -558.21 45.83 110.98 Bn
12 SLB 2nd Slb Data Centers 83.20 Bn 56.06 +0.11% +55.59% 26.52 2.77 73.89 Bn
13 HPE 2nd Hewlett Packard Enterprise Cloud Platforms 82.45 Bn 62.08 +12.42% +154.01% 28.40 1.81 69.77 Bn
14 DLR 2nd Digital Realty Trust Data Centers 69.81 Bn 188.66 +1.74% +8.49% 351.18 9.48 62.33 Bn
15 NBIS Nebius Cloud Platforms 56.81 Bn 224.55 -1.56% +140.44% -198.41 37.48 42.75 Bn
16 NDAQ 2nd Nasdaq Data Centers 51.25 Bn 91.19 -0.89% -4.89% 25.45 5.72 49.35 Bn
17 CRWV CoreWeave Cloud Platforms 49.03 Bn 88.99 -0.15% -24.03% -23.86 6.06 40.47 Bn
18 NTAP 2nd NetApp Cloud Platforms 39.14 Bn 199.28 +8.54% +61.32% 27.66 5.07 33.91 Bn
19 CHT 2nd Chunghwa Telecom Data Centers 34.81 Bn 44.87 +0.79% -0.24% 26.16 4.44 32.45 Bn
20 ERIC 2nd Ericsson Lm Telephone Content Delivery Networks 34.76 Bn 10.31 +3.00% +28.07% 12.80 1.38 28.29 Bn
21 IRM 2nd Iron Mountain Data Centers 34.27 Bn 115.12 +1.95% +18.16% 79.96 4.43 33.27 Bn
22 IREN 2nd Iren Data Centers 33.35 Bn 43.83 +0.44% +30.33% -19.15 19.03 5.89 Bn
23 P 2nd Everpure Cloud Platforms 32.71 Bn 98.17 +4.26% +20.97% 128.20 7.62 31.46 Bn
24 BIDU 2nd Baidu Cloud Platforms 31.10 Bn 91.40 +0.89% -15.06% -5.69 0.17 -21.37 Bn
25 VRSN Verisign Web Hosting and Domains 26.46 Bn 292.71 +1.34% +1.15% 31.93 15.89 26.11 Bn
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About these peers

Who are Terawulf Inc.'s peers and competitors?

Terawulf Inc. (WULF) is compared with 97 US-listed companies in the Cloud Computing industry group, of which 40 have it as their primary business and 57 run a substantial Cloud Computing business alongside something else.

How are these peers chosen?

Peers are every company that BQ-MICS, our own multi-industry classification system, places in the same industry group as Terawulf Inc.. Unlike a single-label scheme, BQ-MICS assigns each company a primary industry and any secondary industries it genuinely operates in, and records the reasoning behind every assignment. Tap the info icon beside any ticker to read it.

What does "2nd" next to a ticker mean?

It marks a secondary match: the company operates a real business in this industry group, but it is not its largest. Tick "Primary business only" above the table to compare against pure plays alone.

How often is this peer comparison updated?

Prices, market caps and valuation figures refresh with each session's close. The classification itself is reviewed whenever a company's filings change what it does, such as a new segment, a disposal or an acquisition.

Can I compare these peers on other metrics?

Yes. Use Edit Columns above the table to add any of 1,000+ financial metrics and ratios to the comparison, and Download Data to export it.