Wolfspeed, Inc. (WOLF)
NYSE: WOLF · Real-Time Price · USD
8.44
+2.00 (31.06%)
At close: Nov 22, 2024, 4:00 PM
8.42
-0.02 (-0.24%)
After-hours: Nov 22, 2024, 7:59 PM EST
Wolfspeed Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Wolfspeed stock have an average target of 17.21, with a low estimate of 6.00 and a high estimate of 30. The average target predicts an increase of 103.91% from the current stock price of 8.44.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Wolfspeed stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 9 | 10 | 11 | 11 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Sell Maintains $10 → $6 | Sell | Maintains | $10 → $6 | -28.91% | Nov 19, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $25 → $18 | Strong Buy | Maintains | $25 → $18 | +113.27% | Nov 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $20 → $17 | Hold | Maintains | $20 → $17 | +101.42% | Nov 7, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $22 → $19 | Strong Buy | Maintains | $22 → $19 | +125.12% | Nov 7, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $25 → $20 | Strong Buy | Maintains | $25 → $20 | +136.97% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
830.26M
from 807.20M
Increased by 2.86%
Revenue Next Year
1.19B
from 830.26M
Increased by 43.57%
EPS This Year
-3.54
from -6.88
EPS Next Year
-2.23
from -3.54
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.1B | 1.4B | 2.8B | ||
| Avg | 830.3M | 1.2B | 1.9B | ||
| Low | 721.2M | 912.8M | 1.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 31.7% | 74.4% | 137.8% | ||
| Avg | 2.9% | 43.6% | 56.0% | ||
| Low | -10.7% | 9.9% | 15.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -3.06 | -1.26 | 2.21 | ||
| Avg | -3.54 | -2.23 | 0.90 | ||
| Low | -4.11 | -3.49 | -1.59 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.