Wolfspeed, Inc. (NYSE:WOLF) Receives $10.50 Average Price Target from Analysts

Wolfspeed, Inc. (NYSE:WOLF) has received a consensus rating of “Reduce” from the eight analysts that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $10.50.

WOLF has been the topic of several recent research reports. Wall Street Zen raised Wolfspeed to a “hold” rating in a research note on Saturday, November 22nd. Susquehanna increased their price objective on Wolfspeed to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Wolfspeed in a research report on Saturday, September 27th.

Institutional Trading of Wolfspeed

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Wolfspeed by 18.8% during the first quarter. Vanguard Group Inc. now owns 18,913,793 shares of the company’s stock worth $57,876,000 after purchasing an additional 2,989,503 shares during the last quarter. Capital Research Global Investors acquired a new position in shares of Wolfspeed during the 3rd quarter worth about $79,426,000. Two Seas Capital LP acquired a new position in shares of Wolfspeed during the 2nd quarter worth about $962,000. Shah Capital Management bought a new position in shares of Wolfspeed in the 1st quarter valued at about $6,586,000. Finally, Neuberger Berman Group LLC increased its position in shares of Wolfspeed by 72.7% in the first quarter. Neuberger Berman Group LLC now owns 4,329,584 shares of the company’s stock valued at $13,723,000 after acquiring an additional 1,822,958 shares during the last quarter.

Wolfspeed Stock Performance

Shares of WOLF stock opened at $20.29 on Friday. Wolfspeed has a 52 week low of $8.05 and a 52 week high of $36.60. The company’s 50 day moving average price is $22.40 and its two-hundred day moving average price is $8.88. The company has a market capitalization of $525.22 million and a P/E ratio of -32.20.

Wolfspeed (NYSE:WOLF) last released its quarterly earnings results on Wednesday, October 29th. The company reported ($0.63) earnings per share for the quarter, beating the consensus estimate of ($0.68) by $0.05. The company had revenue of $196.80 million during the quarter, compared to analyst estimates of $195.37 million. Wolfspeed has set its Q2 2026 guidance at EPS. Analysts forecast that Wolfspeed will post -4 earnings per share for the current year.

Wolfspeed Company Profile

Wolfspeed, Inc operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications.