Wolfspeed Inc [NYSE: WOLF] price plunged by -16.35 percent to reach at -$0.26.
A sum of 69260584 shares traded at recent session while its average daily volume was at 62.78M shares. Wolfspeed Inc shares reached a high of $1.79 and dropped to a low of $1.25 until finishing in the latest session at $1.33.
The one-year WOLF stock forecast points to a potential upside of 62.0. The average equity rating for WOLF stock is currently 3.57, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $3.50 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 3.57. 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 0.97, with the Price to Cash per share for the same quarter was set at 8.54.
WOLF Stock Performance Analysis:
Wolfspeed Inc [WOLF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.71. With this latest performance, WOLF shares dropped by -11.92% in over the last four-week period, additionally sinking by -81.19% over the last 6 months – not to mention a drop of -80.03% in the past year of trading.
Insight into Wolfspeed Inc 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%.
WOLF Stock EPS
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 16.46%.
Wolfspeed Inc [WOLF] Institutonal Ownership Details
There are presently around $92.97%, or 93.91% 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%.
