Wolfspeed Inc [NYSE: WOLF] surged by $35189999.13 during the normal trading session on Friday and reaching a high of $1.03 during the day while it closed the day at $35190000.0.
Wolfspeed Inc stock has also loss -33.33% of its value over the past 7 days. However, WOLF stock has declined by -84.32% in the 3 months of the year. Over the past six months meanwhile, it has lost -88.75% and lost -96.68% year-on date.
The market cap for WOLF stock reached $140.08 million, with 155.62 million shares outstanding and 154.00 million shares in the current float. Compared to the average trading volume of 35.19M shares, WOLF reached a trading volume of 50284104 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Wolfspeed Inc [WOLF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WOLF shares is $3.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WOLF stock is a recommendation set at 3.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Wolfspeed Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 09, 2025. While these analysts kept the previous recommendation, Mizuho raised their target price from $17 to $8. The new note on the price target was released on October 03, 2024, representing the official price target for Wolfspeed Inc stock. Previously, the target price had yet another drop from $25 to $15, while TD Cowen kept a Hold rating on WOLF stock. On August 22, 2024, analysts decreased their price target for WOLF shares from 48 to 28.
The Price to Book ratio for the last quarter was 0.66, with the Price to Cash per share for the same quarter was set at 8.54.
WOLF stock trade performance evaluation
Wolfspeed Inc [WOLF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -33.33. With this latest performance, WOLF shares dropped by -71.24% in over the last four-week period, additionally sinking by -88.75% over the last 6 months – not to mention a drop of -86.48% in the past year of trading.
Wolfspeed Inc [WOLF]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Wolfspeed Inc [WOLF] shares currently have an operating margin of -66.92% and a Gross Margin at -12.43%. Wolfspeed Inc’s Net Margin is presently recorded at -146.43%.
Return on Equity for this stock declined to -14.60%, with Return on Assets sitting at -14.60%.
Earnings per share (EPS) analysis for Wolfspeed Inc [WOLF] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WOLF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Wolfspeed Inc go to 15.58%.
Wolfspeed Inc [WOLF]: Institutional Ownership
There are presently around $92.96%, or 93.90%% of WOLF stock, in the hands of institutional investors. The top three institutional holders of WOLF stocks are: VANGUARD GROUP INC with ownership of 13.52 million shares, which is approximately 10.7119%. BLACKROCK INC., holding 13.23 million shares of the stock with an approximate value of $$301.06 million in WOLF stocks shares; and BLACKROCK INC., currently with $$286.9 million in WOLF stock with ownership which is approximately 9.9848%.
