Wolfspeed, Inc. (WOLF)
NYSE: WOLF · Real-Time Price · USD
15.45
+0.11 (0.72%)
At close: Oct 29, 2024, 4:04 PM
15.43
-0.02 (-0.13%)
After-hours: Oct 29, 2024, 7:52 PM EDT
Wolfspeed Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Wolfspeed stock have an average target of 24.5, with a low estimate of 8.00 and a high estimate of 57. The average target predicts an increase of 58.58% from the current stock price of 15.45.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 10 | 9 | 10 | 11 | 11 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 15 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $10 → $15 | Hold | Maintains | $10 → $15 | -2.91% | Oct 16, 2024 |
| Mizuho | Mizuho | Hold → Sell Downgrades $17 → $8 | Hold → Sell | Downgrades | $17 → $8 | -48.22% | Oct 3, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $45 → $25 | Strong Buy | Maintains | $45 → $25 | +61.81% | Aug 29, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $25 → $15 | Sell | Maintains | $25 → $15 | -2.91% | Aug 23, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $17 → $14 | Hold | Maintains | $17 → $14 | -9.39% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
934.78M
from 807.20M
Increased by 15.81%
Revenue Next Year
1.38B
from 934.78M
Increased by 47.09%
EPS This Year
-3.47
from -6.88
EPS Next Year
-1.61
from -3.47
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.1B | 1.8B | 2.8B | ||
| Avg | 934.8M | 1.4B | 2.2B | ||
| Low | 813.9M | 1.1B | 1.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 30.9% | 89.3% | 106.2% | ||
| Avg | 15.8% | 47.1% | 60.4% | ||
| Low | 0.8% | 17.7% | 12.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -3.06 | -0.35 | 2.21 | ||
| Avg | -3.47 | -1.61 | 1.55 | ||
| Low | -4.11 | -2.81 | 0.89 |
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.