What is the stock price forecast for Wolfspeed in 2024? (2024)

What is the stock price forecast for Wolfspeed in 2024?

As of March 31, 2024, the average one-year price target for Wolfspeed is 40.56. The forecasts range from a low of 25.25 to a high of $59.85. The average price target represents an increase of 49.85% from its latest reported closing price of 27.07. See our leaderboard of companies with the largest price target upside.

Will Wolfspeed stock go up?

The 14 analysts with 12-month price forecasts for Wolfspeed stock have an average target of 45.07, with a low estimate of 30 and a high estimate of 57. The average target predicts an increase of 66.80% from the current stock price of 27.02.

What is the wolf stock forecast for 2025?

On average, Wall Street analysts predict that Wolfspeed's share price could reach $44.89 by Feb 1, 2025. The average Wolfspeed stock price prediction forecasts a potential upside of 52.17% from the current WOLF share price of $29.50. What is WOLF's forecast return on equity (ROE) for 2024-2027?

What is the outlook for Wolfspeed company?

WOLF Stock 12 Months Forecast

Based on 10 Wall Street analysts offering 12 month price targets for Wolfspeed in the last 3 months. The average price target is $43.11 with a high forecast of $57.00 and a low forecast of $29.00. The average price target represents a 65.30% change from the last price of $26.08.

What is the wolf stock forecast for 2030?

According to our Wolfspeed, Inc. stock prediction for 2030, WOLF stock will be priced at $ 39.42 in 2030. This forecast is based on the stock's average growth over the past 10 years.

Is Wolfspeed a good investment?

Great news for investors – Wolfspeed is still trading at a fairly cheap price. According to our valuation, the intrinsic value for the stock is $40.98, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low.

What is Wolfspeed stock target?

Stock Price Targets
High$57.00
Median$41.50
Low$25.00
Average$41.18
Current Price$28.58

Who are the owners of Wolfspeed?

Wolfspeed Stock Ownership FAQ

Wolfspeed (NYSE: WOLF) is owned by 109.24% institutional shareholders, 3.60% Wolfspeed insiders, and 0.00% retail investors. Alan J. Ruud is the largest individual Wolfspeed shareholder, owning 1.02M shares representing 0.81% of the company.

Is Wolf a buy or sell?

WOLF Signals & Forecast

The Wolfspeed, Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal.

What will Google stock be in 2025?

Alphabet - Class A stock prediction for 1 year from now: $ 200.05 (29.62%) Alphabet - Class A stock forecast for 2025: $ 184.48 (19.49%) Alphabet - Class A stock prediction for 2030: $ 449.45 (191.12%)

Is Wolfspeed a good company?

Employees rate Wolfspeed 3.8 out of 5 stars based on 760 anonymous reviews on Glassdoor.

Is Wolfspeed profitable?

Wolfspeed reports its fiscal second-quarter earnings later this month, and it's projected to show a net loss from continuing operations of US$139 million, according to the average estimate of analysts.

Why is Wolfspeed stock dropping?

Wolfspeed's problems stem from production snarls at another one of its plants that is one of the largest makers of silicon carbide wafers. The wafers are what its chips are built on, and inadequate supply is stifling production at the Mohawk Valley chip plant.

What will Google stock be in 2040?

Key takeaways
20252040
GOOG Stock Forecast (5% yearly growth)$145$318
GOOG Stock Forecast (8.32% annual ROI since IPO)$150$539
GOOG Stock Forecast (S&P 500 historical 11.13% ROI)*$154$833
GOOG Stock Forecast (QTEC 15.2% ROI)**$160$1,536
Feb 29, 2024

What will be the price of googl stock in 2024?

Google stock price stood at $152.26
YearMid-YearYear-End
2024$174$186
2025$188$188
2026$199$229
2027$235$235
8 more rows

What is the meta stock price forecast for 2025?

Meta stock prediction for 1 year from now: $ 566.20 (11.73%) Meta stock forecast for 2025: $ 674.09 (30.93%) Meta stock prediction for 2030: $ 2,593.53 (403.75%)

Why invest in Wolfspeed?

Like EnerSys, Wolfspeed plans to fund part of its expansion by tapping a U.S. government slush fund, also known as the CHIPS and Science Act. And, like EnerSys, Wolfspeed offers investors exposure to a number of different markets but especially green tech industries.

Who buys from Wolfspeed?

KEY TAKEAWAYS. Wolfspeed will sell its radio frequency business to semiconductor products supplier MACOM for $125 million.

What chips does Wolfspeed make?

Wolfspeed, Inc. is an American developer and manufacturer of wide-bandgap semiconductors, focused on silicon carbide and gallium nitride materials and devices for power and radio frequency applications such as transportation, power supplies, power inverters, and wireless systems.

Does Wolfspeed pay a dividend?

The current TTM dividend payout for Wolfspeed (WOLF) as of March 27, 2024 is $0.00. The current dividend yield for Wolfspeed as of March 27, 2024 is 0.00%.

How many employees does Wolfspeed have?

About Wolfspeed

Wolfspeed is a technology company founded in 1987. This small company employs 4,802 people internationally. See Wolfspeed's employee benefits outlined below. To understand the company's culture and values, check out its careers website.

What products does Wolfspeed make?

Wolfspeed is the worldwide leader of Silicon Carbide (SiC) MOSFETs, Schottky Diodes, and Power Modules. Our Reference Designs, Evaluation Kits, and Gate Driver Boards help you learn best practices and provide a starting point for working with our Silicon Carbide products.

Why is it called Wolfspeed?

Built on a 30-year heritage of domain expertise, the name Wolfspeed conveys both the noble traits of the wolf – leadership, intelligence and endurance – and speed, characterized by the pace at which the company innovates and operates, both unmatched in the industry.

Why did Cree change its name to Wolfspeed?

With the recent divestiture of its lighting business and the ongoing divestment of the LED unit – expected to close in the third quarter – Cree is becoming a new company, Lowe said. The name Wolfspeed will help complete that transition while allowing the firm to “capitalize on the competitive positioning of the brand.”

What is Zacks rating Wolfspeed?

Wolfspeed is holding a Zacks Rank of #3 (Hold) right now.

References

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