In the last trading session, 16.81 million Wolfspeed Inc (NYSE:WOLF) shares changed hands as the company’s beta touched 1.27. With the company’s per share price at $1.39 changed hands at -$0.1 or -6.71% during last session, the market valuation stood at $216.32M. WOLF’s last price was a discount, traded about -2120.14% off its 52-week high of $30.86. The share price had its 52-week low at $0.82, which suggests the last value was 41.01% up since then.
Analysts gave the Wolfspeed Inc (WOLF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.70. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 4 recommended WOLF as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Wolfspeed Inc’s EPS for the current quarter is expected to be -0.85.
Wolfspeed Inc (NYSE:WOLF) trade information
Instantly WOLF was in red as seen at the end of in last trading. With action 16.81%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -79.13%, with the 5-day performance at 16.81% in the green. However, in the 30-day time frame, Wolfspeed Inc (NYSE:WOLF) is -66.18% down.
The consensus price target for the stock as assigned by Wall Street analysts is 34, meaning bulls need an upside of 95.91% from its current market value. According to analyst projections, WOLF’s forecast low is 9 with 115 as the target high. To hit the forecast high, the stock’s price needs a -8173.38% plunge from its current level, while the stock would need to soar -547.48% for it to hit the projected low.
Wolfspeed Inc (WOLF) estimates and forecasts
Year-over-year growth is forecast to reach -6.63% down from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 192.54M. 5 analysts are of the opinion that Wolfspeed Inc’s revenue for the current quarter will be 195.83M. The company’s revenue for the corresponding quarters a year ago was 200.7M and 194.7M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -4.07%. The estimates for the next quarter sales put growth at 0.58%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -18.18%. The 2025 estimates are for Wolfspeed Inc earnings to decrease by -27.13%, but the outlook for the next 5-year period is at 15.58% per year.
WOLF Dividends
Wolfspeed Inc is expected to release its next quarterly earnings report in July.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 10.4777% or 13.23 million shares worth $301.06 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 9.41 shares estimated at $13.07 million under it, the former controlled 6.04% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.19% of the shares, roughly 4.96 shares worth around $6.89 million.