During the last session, Wolfspeed Inc (NYSE:WOLF)’s traded shares were 107.62 million, with the beta value of the company hitting 0.68. At the end of the trading day, the stock’s price was $2.02, reflecting an intraday loss of -19.84% or -$0.5. The 52-week high for the WOLF share is $25.49, that puts it down -1161.88 from that peak though still a striking 80.69% gain since the share price plummeted to a 52-week low of $0.39. The company’s market capitalization is $314.37M, and the average intraday trading volume over the past 10 days was 195.21 million shares, and the average trade volume was 60.43 million shares over the past three months.
Wolfspeed Inc (WOLF) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.57. WOLF has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.81.
Wolfspeed Inc (NYSE:WOLF) trade information
Wolfspeed Inc (WOLF) registered a -19.84% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -19.84% in intraday trading to $2.02, hitting a weekly high. The stock’s 5-day price performance is 155.70%, and it has moved by 45.32% in 30 days. Based on these gigs, the overall price performance for the year is -69.67%. The short interest in Wolfspeed Inc (NYSE:WOLF) is 76.39 million shares and it means that shorts have 1.94 day(s) to cover.
The consensus price target of analysts on Wall Street is $34, which implies an increase of 94.06% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $115 respectively. As a result, WOLF is trading at a discount of -5593.07% off the target high and -345.54% off the low.
Wolfspeed Inc (WOLF) estimates and forecasts
In the rating firms’ projections, revenue will decrease -6.66% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 192.04M as predicted by 5 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 196.04M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 200.7M and 194.7M respectively. In this case, analysts expect current quarter sales to shrink by -4.31% and then jump by 0.69% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -18.18%. While earnings are projected to return -27.31% in 2025, the next five years will return 16.46% per annum.
WOLF Dividends
Wolfspeed Inc is due to release its next quarterly earnings on 2025-May-08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Wolfspeed Inc (NYSE:WOLF)’s Major holders
Wolfspeed Inc insiders own 0.99% of total outstanding shares while institutional holders control 92.97%, with the float percentage being 93.91%. VANGUARD GROUP INC is the largest shareholder of the company, while 418.0 institutions own stock in it. As of 2024-06-30, the company held over 13.52 million shares (or 10.7119% of all shares), a total value of $307.79 million in shares.
The next largest institutional holding, with 13.23 million shares, is of BLACKROCK INC.’s that is approximately 10.4777% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $301.06 million.
Also, the Mutual Funds coming in first place with the largest holdings of Wolfspeed Inc (WOLF) shares are iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on May 31, 2025 indicates that iShares Trust-iShares Core S&P Small-Cap ETF owns about 9.31 shares. This amounts to just over 5.98 percent of the company’s overall shares, with a $18.81 million market value. The same data shows that the other fund manager holds slightly less at 4.96, or about 3.19% of the stock, which is worth about $10.01 million.
