Wolfspeed, Inc. (WOLF)
NYSE: WOLF · IEX Real-Time Price · USD
26.25
+1.38 (5.55%)
At close: Apr 26, 2024, 4:00 PM
26.21
-0.04 (-0.15%)
After-hours: Apr 26, 2024, 7:59 PM EDT
Wolfspeed Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Wolfspeed stock have an average target of 41.67, with a low estimate of 25 and a high estimate of 57. The average target predicts an increase of 58.74% from the current stock price of 26.25.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Wolfspeed stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 8 | 8 | 8 | 8 | 8 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 15 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold Maintains $35 → $30 | Hold | Maintains | $35 → $30 | +14.29% | Apr 23, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $35 → $25 | Hold | Maintains | $35 → $25 | -4.76% | Apr 23, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $43 → $35 | Hold | Maintains | $43 → $35 | +33.33% | Apr 11, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $35 | Hold | Maintains | $35 | +33.33% | Apr 8, 2024 |
| Mizuho | Mizuho | Hold Initiates $30 | Hold | Initiates | $30 | +14.29% | Apr 5, 2024 |
Financial Forecast
Revenue This Year
849.88M
from 921.90M
Decreased by -7.81%
Revenue Next Year
1.21B
from 849.88M
Increased by 41.90%
EPS This Year
-2.48
from -2.65
EPS Next Year
-1.87
from -2.48
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 890.4M | 1.5B | 3.1B | 2.9B |
| Avg | 849.9M | 1.2B | 1.9B | 2.6B |
| Low | 810.4M | 1.1B | 1.5B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -3.4% | 73.0% | 158.0% | 52.2% |
| Avg | -7.8% | 41.9% | 60.0% | 34.7% |
| Low | -12.1% | 26.8% | 22.2% | 16.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -2.31 | -0.53 | 2.53 | 4.49 |
| Avg | -2.48 | -1.87 | 0.61 | 3.02 |
| Low | -3.70 | -2.77 | -0.85 | 2.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | 639.2% |
| Avg | - | - | - | 397.1% |
| Low | - | - | - | 261.1% |
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.