In recent trading session, Wolfspeed Inc (NYSE:WOLF) saw 4.25 million shares changing hands at last check today with its beta currently measuring 1.65. Company’s recent per share price level of $2.69 trading at -$0.1 or -3.55% at last check today assigns it a market valuation of $418.64M. That most recent trading price of WOLF’s stock is at a discount of -1047.21% from its 52-week high price of $30.86 and is indicating a premium of 10.41% from its 52-week low price of $2.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 40.95 million shares which gives us an average trading volume of 23.70 million if we extend that period to 3-months.
For Wolfspeed Inc (WOLF), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.94. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Wolfspeed Inc (NYSE:WOLF) trade information
Upright in the red during last session for losing -3.55%, in the last five days WOLF remained trading in the red while hitting it’s week-highest on Friday, 03/28/25 when the stock touched $2.69 price level, adding 23.58% to its value on the day. Wolfspeed Inc’s shares saw a change of -59.59% in year-to-date performance and have moved -49.98% in past 5-day. Wolfspeed Inc (NYSE:WOLF) showed a performance of -47.44% in past 30-days. Number of shares sold short was 42.92 million shares which calculate 1.8 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 75.55% to its recent value today. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 16. It follows that stock’s current price would drop -234.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of -234.57% for stock’s current value.
Wolfspeed Inc (WOLF) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -18.18% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -30.94% while estimates for its earnings growth in next 5 years are of 25.08%.
Wolfspeed Inc (NYSE:WOLF)’s Major holders
Insiders are in possession of 0.88% of company’s total shares while institution are holding 94.39 percent of that, with stock having share float percentage of 95.23%. Investors also watch the number of corporate investors in a company very closely, which is 94.39% institutions for Wolfspeed Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at WOLF for having 13.52 million shares of worth $307.79 million. And as of 2024-06-30, it was holding 10.7473 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 13.23 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.4777 of outstanding shares, having a total worth of $301.06 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and T. Rowe Price Mid-Cap Value Fund, Inc. are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025, the former fund manager was holding 8.19 shares of worth $21.87 million or 6.41% of the total outstanding shares. The later fund manager was in possession of 7.22 shares on Dec 31, 2024, making its stake of worth around $19.27 million in the company or a holder of 5.65% of company’s stock.
