Wolfspeed (WOLF) Stock Forecast, Price Target & Predictions
WOLF Stock Forecast
Wolfspeed stock forecast is as follows: an average price target of $60.85 (represents a 597.82% upside from WOLF’s last price of $8.72) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.
WOLF Price Target
The average price target for Wolfspeed (WOLF) is $60.85 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $115.00 to $16.00. This represents a potential 597.82% upside from WOLF's last price of $8.72.
WOLF Analyst Ratings
According to 13 Wall Street analysts, Wolfspeed's rating consensus is 'Hold'. The analyst rating breakdown for WOLF stock is 1 'Strong Buy' (7.69%), 5 'Buy' (38.46%), 7 'Hold' (53.85%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Wolfspeed Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 22, 2024 | Christopher Rolland | Susquehanna | $16.00 | $13.51 | 18.43% | 83.49% |
| Aug 22, 2024 | Harsh Kumar | Piper Sandler | $20.00 | $13.51 | 48.04% | 129.36% |
| Jun 25, 2024 | George Gianarikas | Canaccord Genuity | $45.00 | $22.95 | 96.08% | 416.06% |
| Jun 18, 2024 | Vijay Rakesh | Mizuho Securities | $28.00 | $27.08 | 3.40% | 221.10% |
| May 07, 2024 | Robert Sanders | Deutsche Bank | $25.00 | $25.94 | -3.62% | 186.70% |
| May 02, 2024 | George Gianarikas | Canaccord Genuity | $47.00 | $26.11 | 80.01% | 438.99% |
| Apr 23, 2024 | Robert Sanders | Deutsche Bank | $30.00 | $23.94 | 25.31% | 244.04% |
| Apr 04, 2024 | Vijay Rakesh | Mizuho Securities | $30.00 | $27.07 | 10.82% | 244.04% |
| Apr 03, 2024 | Gary Mobley | Wells Fargo | $30.00 | $27.75 | 8.11% | 244.04% |
| Apr 02, 2024 | Brooks Idlet | CFRA | $38.00 | $29.90 | 27.09% | 335.78% |
The latest Wolfspeed stock forecast, released on Aug 22, 2024 by Christopher Rolland from Susquehanna, set a price target of $16.00, which represents a 18.43% increase from the stock price at the time of the forecast ($13.51), and a 83.49% increase from WOLF last price ($8.72).
Wolfspeed Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 10 |
| Avg Price Target | $18.00 | $27.25 | $30.90 |
| Last Closing Price | $8.72 | $8.72 | $8.72 |
| Upside/Downside | 106.42% | 212.50% | 254.36% |
In the current month, the average price target of Wolfspeed stock is $18.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 106.42% increase as opposed to Wolfspeed's last price of $8.72. This month's average price target is down -33.94% compared to last quarter, and down -41.75% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 22, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 22, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Aug 22, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 07, 2024 | New Street | - | Neutral | Downgrade |
| Jul 09, 2024 | Susquehanna | Buy | Buy | Hold |
| Jun 25, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jun 25, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Jun 18, 2024 | Wells Fargo | Buy | Buy | Hold |
| May 07, 2024 | Wells Fargo | Buy | Buy | Hold |
| May 02, 2024 | Citigroup | Neutral | Neutral | Hold |
Wolfspeed's last stock rating was published by Cowen & Co. on Aug 22, 2024. The company gave WOLF a "Hold" rating, the same as its previous rate.
Wolfspeed Financial Forecast
Wolfspeed Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $208.40M | $197.40M | $235.80M | $228.70M | $216.10M | $241.30M | - | $188.00M | $173.10M | $156.60M | $145.80M | $137.30M | $127.00M | $216.60M | $205.70M | $215.50M |
| Avg Forecast | $528.00M | $490.57M | $460.45M | $430.03M | $384.50M | $347.26M | $307.74M | $279.02M | $261.68M | $238.51M | $215.44M | $200.38M | $201.31M | $201.23M | $206.19M | $196.15M | $224.53M | $220.18M | $225.29M | $239.76M | $209.15M | $190.74M | $169.32M | $149.21M | $145.23M | $130.13M | $121.54M | $209.86M | $198.57M | $216.05M |
| High Forecast | $536.65M | $498.60M | $467.99M | $437.07M | $390.80M | $352.94M | $312.78M | $283.58M | $265.96M | $242.41M | $218.97M | $203.03M | $204.61M | $204.52M | $209.50M | $218.03M | $228.20M | $223.79M | $228.98M | $243.69M | $209.15M | $200.90M | $178.34M | $157.15M | $152.96M | $137.06M | $128.02M | $221.04M | $209.14M | $227.56M |
| Low Forecast | $513.80M | $477.37M | $448.06M | $418.47M | $374.16M | $337.92M | $299.47M | $271.51M | $254.64M | $232.09M | $209.65M | $195.32M | $195.90M | $195.82M | $192.23M | $183.74M | $218.49M | $214.26M | $219.23M | $233.32M | $209.15M | $186.93M | $165.94M | $146.22M | $142.32M | $127.53M | $119.11M | $205.67M | $194.60M | $211.74M |
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | 1.05% | 1.04% | 0.96% | 1.01% | - | 0.99% | 1.02% | 1.05% | 1.00% | 1.06% | 1.04% | 1.03% | 1.04% | 1.00% |
Wolfspeed's average Quarter revenue forecast for Mar 24 based on 4 analysts is $201.23M, with a low forecast of $195.82M, and a high forecast of $204.52M. WOLF's average Quarter revenue forecast represents a -3.44% decrease compared to the company's last Quarter revenue of $208.40M (Dec 23).
Wolfspeed EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-126.20M | $-37.80M | $-65.70M | $-57.40M | $-52.00M | $-37.50M | - | $-7.60M | $-50.50M | $-28.50M | $-101.00M | $-68.30M | $-49.00M | $-137.30M | $7.20M | $-25.40M |
| Avg Forecast | $-98.95M | $-91.93M | $-86.29M | $-80.59M | $-72.06M | $-65.08M | $-57.67M | $-52.29M | $-49.04M | $-44.70M | $-40.37M | $-37.55M | $-37.73M | $-37.71M | $-38.64M | $-36.76M | $-42.08M | $-41.26M | $-42.22M | $-44.93M | $-23.99M | $-75.54M | $-56.11M | $-30.98M | $-16.66M | $-14.92M | $-13.94M | $-24.07M | $-22.77M | $-24.78M |
| High Forecast | $-96.29M | $-89.46M | $-83.97M | $-78.42M | $-70.12M | $-63.33M | $-56.12M | $-50.88M | $-47.72M | $-43.49M | $-39.29M | $-36.60M | $-36.71M | $-36.70M | $-36.03M | $-34.43M | $-40.95M | $-40.15M | $-41.08M | $-43.72M | $-23.99M | $-60.43M | $-44.89M | $-24.78M | $-16.32M | $-14.63M | $-13.66M | $-23.59M | $-22.32M | $-24.28M |
| Low Forecast | $-100.57M | $-93.44M | $-87.70M | $-81.91M | $-73.24M | $-66.14M | $-58.62M | $-53.14M | $-49.84M | $-45.43M | $-41.04M | $-38.05M | $-38.34M | $-38.33M | $-39.26M | $-40.86M | $-42.77M | $-41.94M | $-42.91M | $-45.67M | $-23.99M | $-90.65M | $-67.33M | $-37.17M | $-17.54M | $-15.72M | $-14.68M | $-25.35M | $-23.99M | $-26.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.27% | 1.03% | 1.56% | 1.39% | 1.23% | 0.83% | - | 0.10% | 0.90% | 0.92% | 6.06% | 4.58% | 3.52% | 5.70% | -0.32% | 1.03% |
10 analysts predict WOLF's average Quarter EBITDA for Sep 20 to be $-24.07M, with a high of $-23.59M and a low of $-25.35M. This is -434.28% lower than Wolfspeed's previous annual EBITDA (Jun 20) of $7.20M.
Wolfspeed Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-144.70M | $-402.70M | $-113.30M | $-99.50M | $-90.90M | $-26.20M | - | $-66.50M | $-96.70M | $-70.10M | $-147.60M | $-108.90M | $-83.00M | $-184.40M | $-39.50M | $-61.60M |
| Avg Forecast | $26.96M | $16.52M | $6.08M | $-2.66M | $-27.17M | $-47.69M | $-66.50M | $-82.75M | $-86.02M | $-101.01M | $-114.97M | $-129.00M | $-107.87M | $-80.10M | $-79.37M | $-84.58M | $-25.41M | $-18.72M | $-16.72M | $-5.92M | $-12.83M | $-76.00M | $-107.44M | $-76.20M | $-30.68M | $-28.39M | $-31.16M | $-26.94M | $-23.88M | $-18.91M |
| High Forecast | $27.53M | $16.87M | $6.21M | $-2.56M | $-26.22M | $-46.02M | $-64.17M | $-79.86M | $-83.01M | $-97.48M | $-110.95M | $-103.20M | $-104.10M | $-77.30M | $-71.81M | $-79.53M | $-24.52M | $-18.07M | $-16.14M | $-5.71M | $-12.83M | $-60.80M | $-85.96M | $-60.96M | $-29.88M | $-27.65M | $-30.35M | $-26.24M | $-23.26M | $-18.42M |
| Low Forecast | $26.02M | $15.94M | $5.87M | $-2.71M | $-27.75M | $-48.71M | $-67.91M | $-84.51M | $-87.85M | $-103.16M | $-117.42M | $-149.37M | $-110.17M | $-81.80M | $-84.41M | $-94.68M | $-25.95M | $-19.12M | $-17.08M | $-6.04M | $-12.83M | $-91.20M | $-128.93M | $-91.43M | $-32.80M | $-30.36M | $-33.32M | $-28.81M | $-25.54M | $-20.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.82% | 4.76% | 4.46% | 5.31% | 5.43% | 4.43% | - | 0.88% | 0.90% | 0.92% | 4.81% | 3.84% | 2.66% | 6.84% | 1.65% | 3.26% |
Wolfspeed's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. WOLF's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Wolfspeed SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $64.90M | $64.10M | $64.10M | $60.50M | $55.70M | $55.00M | - | $51.50M | $48.00M | $49.00M | $46.60M | $44.20M | $46.80M | $51.90M | $51.30M | $49.70M |
| Avg Forecast | $165.24M | $153.52M | $144.10M | $134.58M | $120.33M | $108.67M | $96.31M | $87.32M | $81.89M | $74.64M | $67.42M | $62.71M | $63.00M | $62.97M | $64.53M | $61.39M | $70.27M | $68.91M | $70.50M | $75.03M | $60.46M | $58.86M | $53.33M | $53.26M | $41.98M | $37.62M | $35.13M | $60.66M | $57.40M | $62.45M |
| High Forecast | $167.94M | $156.03M | $146.45M | $136.78M | $122.30M | $110.45M | $97.88M | $88.75M | $83.23M | $75.86M | $68.53M | $63.54M | $64.03M | $64.00M | $65.56M | $68.23M | $71.42M | $70.03M | $71.66M | $76.26M | $60.46M | $70.63M | $64.00M | $63.91M | $44.22M | $39.62M | $37.00M | $63.89M | $60.46M | $65.78M |
| Low Forecast | $160.79M | $149.39M | $140.22M | $130.96M | $117.09M | $105.75M | $93.72M | $84.97M | $79.69M | $72.63M | $65.61M | $61.12M | $61.31M | $61.28M | $60.16M | $57.50M | $68.38M | $67.05M | $68.61M | $73.02M | $60.46M | $47.09M | $42.67M | $42.61M | $41.14M | $36.87M | $34.43M | $59.45M | $56.25M | $61.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.04% | 0.91% | 0.88% | 0.79% | 0.73% | - | 0.88% | 0.90% | 0.92% | 1.11% | 1.18% | 1.33% | 0.86% | 0.89% | 0.80% |
Wolfspeed's average Quarter SG&A projection for Mar 24 is $62.97M, based on 4 Wall Street analysts, with a range of $61.28M to $64.00M. The forecast indicates a -2.97% fall compared to WOLF last annual SG&A of $64.90M (Dec 23).
Wolfspeed EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.00 | $-3.22 | $-0.91 | $-0.80 | $-0.73 | $-0.21 | - | $-0.54 | $-0.82 | $-0.60 | $-1.28 | $-0.96 | $-0.75 | $-1.68 | $-0.36 | $-0.57 |
| Avg Forecast | $0.21 | $0.13 | $0.05 | $-0.02 | $-0.22 | $-0.38 | $-0.53 | $-0.66 | $-0.68 | $-0.80 | $-0.91 | $-1.02 | $-0.85 | $-0.63 | $-0.63 | $-0.67 | $-0.20 | $-0.15 | $-0.13 | $-0.05 | $-0.10 | $-0.14 | $-0.18 | $-0.24 | $-0.24 | $-0.23 | $-0.25 | $-0.21 | $-0.19 | $-0.15 |
| High Forecast | $0.22 | $0.13 | $0.05 | $-0.02 | $-0.21 | $-0.36 | $-0.51 | $-0.63 | $-0.66 | $-0.77 | $-0.88 | $-0.82 | $-0.82 | $-0.61 | $-0.57 | $-0.63 | $-0.19 | $-0.14 | $-0.13 | $-0.05 | $-0.10 | $-0.13 | $-0.18 | $-0.24 | $-0.24 | $-0.22 | $-0.24 | $-0.21 | $-0.19 | $-0.15 |
| Low Forecast | $0.21 | $0.13 | $0.05 | $-0.02 | $-0.22 | $-0.39 | $-0.54 | $-0.67 | $-0.70 | $-0.82 | $-0.93 | $-1.18 | $-0.87 | $-0.65 | $-0.67 | $-0.75 | $-0.21 | $-0.15 | $-0.14 | $-0.05 | $-0.10 | $-0.15 | $-0.20 | $-0.26 | $-0.26 | $-0.24 | $-0.27 | $-0.23 | $-0.20 | $-0.16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 4.81% | 4.52% | 5.39% | 5.51% | 4.48% | - | 3.95% | 4.45% | 2.49% | 5.24% | 4.25% | 3.02% | 7.83% | 1.89% | 3.79% |
According to undefined Wall Street analysts, Wolfspeed's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to WOLF previous annual EPS of $NaN (undefined).
Wolfspeed Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WOLF | Wolfspeed | $8.72 | $60.85 | 597.82% | Hold |
| MXL | MaxLinear | $14.34 | $38.38 | 167.64% | Hold |
| LSCC | Lattice Semiconductor | $44.79 | $62.11 | 38.67% | Buy |
| ON | ON Semiconductor | $71.72 | $87.47 | 21.96% | Buy |
| MCHP | Microchip | $77.62 | $92.32 | 18.94% | Buy |
| NXPI | NXP Semiconductors | $229.93 | $244.22 | 6.21% | Buy |
| ADI | Analog Devices | $225.42 | $225.96 | 0.24% | Buy |
| TXN | Texas Instruments | $199.93 | $199.35 | -0.29% | Buy |
| MPWR | Monolithic Power Systems | $914.10 | $662.22 | -27.55% | Buy |
WOLF Forecast FAQ
Is Wolfspeed a good buy?
No, according to 13 Wall Street analysts, Wolfspeed (WOLF) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 5 'Buy' recommendations, accounting for 46.15% of WOLF's total ratings.
What is WOLF's price target?
Wolfspeed (WOLF) average price target is $60.85 with a range of $16 to $115, implying a 597.82% from its last price of $8.72. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Wolfspeed stock go up soon?
According to Wall Street analysts' prediction for WOLF stock, the company can go up by 597.82% (from the last price of $8.72 to the average price target of $60.85), up by 1218.81% based on the highest stock price target, and up by 83.49% based on the lowest stock price target.
Can Wolfspeed stock reach $13?
WOLF's average twelve months analyst stock price target of $60.85 supports the claim that Wolfspeed can reach $13 in the near future.
What is Wolfspeed's current price target trend?
2 Wall Street analysts forecast a $18 price target for Wolfspeed (WOLF) this month, up 106.42% from its last price of $8.72. Compared to the last 3 and 12 months, the average price target increased by 212.50% and increased by 254.36%, respectively.
What are Wolfspeed's analysts' financial forecasts?
Wolfspeed's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $1.32B (high $1.34B, low $1.28B), average EBITDA is $-247M (high $-240M, low $-251M), average net income is $-224M (high $-216M, low $-229M), average SG&A $412.63M (high $419.38M, low $401.53M), and average EPS is $-1.775 (high $-1.713, low $-1.813). WOLF's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $1.91B (high $1.94B, low $1.86B), average EBITDA is $-358M (high $-348M, low $-364M), average net income is $46.91M (high $48.05M, low $45.12M), average SG&A $597.43M (high $607.21M, low $581.36M), and average EPS is $0.372 (high $0.381, low $0.357).
Did the WOLF's actual financial results beat the analysts' financial forecasts?
Based on Wolfspeed's last annual report (Jun 2023), the company's revenue was $921.9M, which missed the average analysts forecast of $1.12B by -17.61%. Apple's EBITDA was $-213M, beating the average prediction of $-194M by 9.32%. The company's net income was $-330M, beating the average estimation of $-79.606M by 314.42%. Apple's SG&A was $235.3M, missing the average forecast of $345.16M by -31.83%. Lastly, the company's EPS was $-2.65, beating the average prediction of $-0.631 by 320.04%. In terms of the last quarterly report (Dec 2023), Wolfspeed's revenue was $208.4M, beating the average analysts' forecast of $206.19M by 1.07%. The company's EBITDA was $-126M, beating the average prediction of $-38.641M by 226.60%. Wolfspeed's net income was $-145M, beating the average estimation of $-79.371M by 82.31%. The company's SG&A was $64.9M, beating the average forecast of $64.53M by 0.58%. Lastly, the company's EPS was $-0.0012, missing the average prediction of $-0.629 by -99.81%