Wolfspeed Inc (NYSE:WOLF) has a beta value of 1.65 and has seen 0.76 million shares traded in the recent trading session. The company, currently valued at $3.38B, closed the recent trade at $26.85 per share which meant it gained $0.6 on the day or 2.30% during that session. The WOLF stock price is -162.27% off its 52-week high price of $70.42 and 18.62% above the 52-week low of $21.85. The 3-month trading volume is 4.88 million shares.

Wolfspeed Inc (NYSE:WOLF) trade information

Sporting 2.30% in the green today, the stock has traded in the green over the last five days, when the WOLF stock price touched $26.85 or saw a fall of -0.34%. Year-to-date, Wolfspeed Inc shares have moved -38.28%, while the 5-day performance has seen it change 12.18%. Over the past 30 days, the shares of Wolfspeed Inc (NYSE:WOLF) have changed -8.97%.

Wolfspeed Inc (WOLF) estimates and forecasts

Figures show that Wolfspeed Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -12.35% over the past 6 months, with this year growth rate of -62.07%, compared to -46.10% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -392.30% and -45.20% for the next quarter. Revenue growth from the last financial year stood is estimated to be -9.60%.

15 analysts offering their estimates for the company have set an average revenue estimate of $201.11 million for the current quarter. 15 have an estimated revenue figure of $225.83 million for the next quarter concluding in Jun 2024. If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 1.17% over the past 5 years.