Wolfspeed, Inc. (WOLF)

Market Cap	3.00B
Revenue (ttm)	842.30M
Net Income (ttm)	-802.60M
Shares Out	125.86M
EPS (ttm)	-6.40
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,521,078
Open	22.99
Previous Close	22.54
Day's Range	22.93 - 24.25
52-Week Range	20.63 - 70.42
Beta	1.60
Analysts	Buy
Price Target	34.85 (+46.24%)
Earnings Date	Aug 14, 2024

About WOLF

Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field ...

• Industry: Semiconductors
• Sector: Technology
• IPO Date: Feb 8, 1993
• Employees: 4,802
• Stock Exchange: NYSE
• Ticker Symbol: WOLF

Financial Performance

In 2023, Wolfspeed's revenue was $921.90 million, an increase of 23.55% compared to the previous year's $746.20 million. Losses were -$329.90 million, 64.2% more than in 2022.

Analyst Forecast

According to 14 analysts, the average rating for WOLF stock is "Buy." The 12-month stock price forecast is $34.85, which is an increase of 46.24% from the latest price.

Price Target

$34.85

(46.24% upside)

Analyst Consensus: Buy