During the last session, Wolfspeed Inc (NYSE:WOLF)’s traded shares were 15.71 million, with the beta value of the company hitting 1.34. At the end of the trading day, the stock’s price was $1.34, reflecting an intraday loss of -2.90% or -$0.04. The 52-week high for the WOLF share is $30.86, that puts it down -2202.99 from that peak though still a striking 38.81% gain since the share price plummeted to a 52-week low of $0.82. The company’s market capitalization is $208.54M, and the average intraday trading volume over the past 10 days was 61.89 million shares, and the average trade volume was 34.79 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 3.70. 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.
Wolfspeed Inc (NYSE:WOLF) trade information
Wolfspeed Inc (WOLF) registered a -2.90% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.90% in intraday trading to $1.34, hitting a weekly high. The stock’s 5-day price performance is 4.69%, and it has moved by -61.38% in 30 days. Based on these gigs, the overall price performance for the year is -94.90%. The short interest in Wolfspeed Inc (NYSE:WOLF) is 69.93 million shares and it means that shorts have 2.19 day(s) to cover.
The consensus price target of analysts on Wall Street is $34, which implies an increase of 96.06% 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 -8482.09% off the target high and -571.64% off the low.
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 -27.12% in 2025, the next five years will return 15.58% per annum.
WOLF Dividends
Wolfspeed Inc is due to release its next quarterly earnings on 2025-May-07. 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 0.97% of total outstanding shares while institutional holders control 93.25%, with the float percentage being 94.17%. VANGUARD GROUP INC is the largest shareholder of the company, while 426.0 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 T. Rowe Price Mid-Cap Value Fund, Inc. Data provided on Apr 30, 2025 indicates that iShares Trust-iShares Core S&P Small-Cap ETF owns about 9.41 shares. This amounts to just over 6.04 percent of the company’s overall shares, with a $12.6 million market value. The same data shows that the other fund manager holds slightly less at 7.22, or about 4.64% of the stock, which is worth about $9.67 million.
