Wolfspeed Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Wolfspeed stock have an average target of $40, which predicts a -30.33% decrease from the current stock price of 57.41.

Price Target: $40 (-30.33%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$40	$40	$40	$40
Change	-30.33%	-30.33%	-30.33%	-30.33%

* Price targets were last updated on May 7, 2026.

Analyst Ratings

The average analyst rating for Wolfspeed stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Oct '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	0	0	0
Hold	1	1	1	1	1	1
Sell	0	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	2	3	3	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher Rolland Susquehanna	Susquehanna	Hold Reiterates $28 → $40	Hold	Reiterates	$28 → $40	-30.33%	May 7, 2026
Harsh Kumar Piper Sandler	Piper Sandler	Buy Reiterates $6 → $20	Buy	Reiterates	$6 → $20	-65.16%	Feb 5, 2026

Financial Forecast

Revenue This Year

788.94M

from 757.60M

4.14%

from 757.60M

Revenue Next Year

830.46M

from 788.94M

5.26%

from 788.94M

EPS This Year

-5.64

from -

EPS Next Year

-5.01

from -5.64

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 27, 2021	Jun 26, 2022	Jun 25, 2023	Jun 30, 2024	Jun 29, 2025	Jun 30, 2026
Revenue	525.60M	572.10M	758.50M	807.20M	757.60M	788.94M
Revenue Growth	11.66%	8.85%	32.58%	6.42%	-6.15%	4.14%
Gross Profit	164.60M	208.10M	242.90M	77.40M	-24.50M	17.36M
Gross Margin	31.32%	36.37%	32.02%	9.59%	-3.23%	2.20%
Operating Income	-209.30M	-119.70M	-146.20M	-390.30M	-422.10M	-287.40M
Net Income	-523.90M	-200.90M	-329.90M	-864.20M	-1.61B	-1.04B
EPS	-	-	-	-	-	-5.64
Free Cash Flow	-343.39M	-842.00M	-697.10M	-2.52B	-2.13B	-435.70M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	851.3M
Avg	788.9M
Low	665.5M

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.4%
Avg	4.1%
Low	-12.2%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-5.64
Low	-

EPS Growth

EPS Growth	2027	2028
High	-
Avg	-
Low	-