Wolfspeed (WOLF) Stock Forecast, Price Target & Predictions


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WOLF Stock Forecast


Wolfspeed stock forecast is as follows: an average price target of $56.43 (represents a 336.43% upside from WOLF’s last price of $12.93) 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 $56.43 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 $11.00. This represents a potential 336.43% upside from WOLF's last price of $12.93.

WOLF Analyst Ratings


Hold

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 21, 2024Vijay RakeshMizuho Securities$11.00$15.11-27.20%-14.93%
Oct 16, 2024Vijay RakeshMizuho Securities$9.50$13.80-31.16%-26.53%
Oct 15, 2024Atif MalikCitigroup$16.00$13.8015.94%23.74%
Aug 22, 2024Christopher RollandSusquehanna$16.00$13.5118.43%23.74%
Aug 22, 2024Harsh KumarPiper Sandler$20.00$13.5148.04%54.68%
Jun 25, 2024George GianarikasCanaccord Genuity$45.00$22.9596.08%248.03%
Jun 18, 2024Vijay RakeshMizuho Securities$28.00$27.083.40%116.55%
May 07, 2024Robert SandersDeutsche Bank$25.00$25.94-3.62%93.35%
May 02, 2024George GianarikasCanaccord Genuity$47.00$26.1180.01%263.50%
Apr 23, 2024Robert SandersDeutsche Bank$30.00$23.9425.31%132.02%
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The latest Wolfspeed stock forecast, released on Oct 21, 2024 by Vijay Rakesh from Mizuho Securities, set a price target of $11.00, which represents a -27.20% decrease from the stock price at the time of the forecast ($15.11), and a -14.93% decrease from WOLF last price ($12.93).

Wolfspeed Price Target by Period


1M3M12M
# Anlaysts3513
Avg Price Target$12.17$14.50$26.58
Last Closing Price$12.93$12.93$12.93
Upside/Downside-5.88%12.14%105.57%

In the current month, the average price target of Wolfspeed stock is $12.17, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a -5.88% decrease as opposed to Wolfspeed's last price of $12.93. This month's average price target is down -16.07% compared to last quarter, and down -54.21% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 15, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Oct 15, 2024CitigroupNeutralNeutralHold
Aug 22, 2024Cowen & Co.HoldHoldHold
Aug 22, 2024SusquehannaNeutralNeutralHold
Aug 22, 2024Piper SandlerOverweightOverweightHold
Aug 07, 2024New Street-NeutralDowngrade
Jul 09, 2024SusquehannaBuyBuyHold
Jun 25, 2024Cowen & Co.HoldHoldHold
Jun 25, 2024Canaccord GenuityBuyBuyHold
Jun 18, 2024Wells FargoBuyBuyHold
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Wolfspeed's last stock rating was published by Morgan Stanley on Oct 15, 2024. The company gave WOLF a "Equal-Weight" rating, the same as its previous rate.

Wolfspeed Financial Forecast


Wolfspeed Revenue Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Revenue--------------$208.40M$197.40M$235.80M$228.70M$216.10M$241.30M$228.50M$188.00M$173.10M$156.60M$145.80M$137.30M$127.00M$216.60M$205.70M$215.50M
Avg Forecast$481.44M$449.92M$420.50M$393.05M$371.21M$335.18M$297.37M$270.72M$256.44M$236.16M$214.69M$200.39M$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$481.44M$449.92M$420.50M$393.05M$371.21M$335.18M$297.37M$270.72M$256.44M$236.16M$214.69M$202.98M$201.31M$201.26M$209.50M$218.03M$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
Low Forecast$481.44M$449.92M$420.50M$393.05M$371.21M$335.18M$297.37M$270.72M$256.44M$236.16M$214.69M$195.27M$201.31M$201.19M$192.23M$183.74M$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
# Analysts99999988889109481299555566669999
Surprise %--------------1.01%1.01%1.05%1.04%0.96%1.01%1.09%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 $201.19M, and a high forecast of $201.26M. 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 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts99999988889109481299555566669999
EBITDA--------------$-126.20M$-37.80M$-65.70M$-57.40M$-52.00M$-37.50M$-55.90M$-7.60M$-50.50M$-28.50M$-101.00M$-68.30M$-49.00M$-137.30M$7.20M$-25.40M
Avg Forecast$-90.22M$-84.32M$-78.80M$-73.66M$-69.56M$-62.81M$-55.73M$-50.73M$-48.06M$-44.26M$-40.23M$-37.55M$-37.73M$-37.71M$-38.64M$-36.76M$-42.08M$-41.26M$-42.22M$-44.93M$-39.19M$-75.54M$-31.73M$-30.98M$-27.22M$-24.39M$-22.78M$-39.33M$-37.21M$-40.49M
High Forecast$-90.22M$-84.32M$-78.80M$-73.66M$-69.56M$-62.81M$-55.73M$-50.73M$-48.06M$-44.26M$-40.23M$-36.59M$-37.73M$-37.70M$-36.03M$-34.43M$-42.08M$-41.26M$-42.22M$-44.93M$-39.19M$-60.43M$-31.73M$-24.78M$-27.22M$-24.39M$-22.78M$-39.33M$-37.21M$-40.49M
Low Forecast$-90.22M$-84.32M$-78.80M$-73.66M$-69.56M$-62.81M$-55.73M$-50.73M$-48.06M$-44.26M$-40.23M$-38.04M$-37.73M$-37.72M$-39.26M$-40.86M$-42.08M$-41.26M$-42.22M$-44.93M$-39.19M$-90.65M$-31.73M$-37.17M$-27.22M$-24.39M$-22.78M$-39.33M$-37.21M$-40.49M
Surprise %--------------3.27%1.03%1.56%1.39%1.23%0.83%1.43%0.10%1.59%0.92%3.71%2.80%2.15%3.49%-0.19%0.63%

9 analysts predict WOLF's average Quarter EBITDA for Sep 20 to be $-39.33M, with a high of $-39.33M and a low of $-39.33M. This is -646.22% lower than Wolfspeed's previous annual EBITDA (Jun 20) of $7.20M.

Wolfspeed Net Income Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts99999988889109481299555566669999
Net Income--------------$-144.70M$-402.70M$-113.30M$-99.50M$-90.90M$-26.20M$-61.80M$-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$-30.01M$-49.22M$-66.16M$-81.61M$-85.67M$-99.34M$-114.87M$-125.94M$-107.87M$-80.10M$-79.37M$-84.58M$-25.41M$-18.72M$-16.72M$-5.92M$-12.87M$-76.00M$-23.28M$-76.20M$-30.84M$-28.54M$-31.32M$-27.08M$-24.01M$-19.01M
High Forecast$26.96M$16.52M$6.08M$-2.66M$-30.01M$-49.22M$-66.16M$-81.61M$-85.67M$-99.34M$-114.87M$-104.74M$-107.87M$-80.10M$-71.81M$-79.53M$-25.41M$-18.72M$-16.72M$-5.92M$-12.87M$-60.80M$-23.28M$-60.96M$-30.84M$-28.54M$-31.32M$-27.08M$-24.01M$-19.01M
Low Forecast$26.96M$16.52M$6.08M$-2.66M$-30.01M$-49.22M$-66.16M$-81.61M$-85.67M$-99.34M$-114.87M$-140.90M$-107.87M$-80.10M$-84.41M$-94.68M$-25.41M$-18.72M$-16.72M$-5.92M$-12.87M$-91.20M$-23.28M$-91.43M$-30.84M$-28.54M$-31.32M$-27.08M$-24.01M$-19.01M
Surprise %--------------1.82%4.76%4.46%5.31%5.43%4.43%4.80%0.88%4.15%0.92%4.79%3.82%2.65%6.81%1.65%3.24%

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 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts99999988889109481299555566669999
SG&A--------------$64.90M$64.10M$64.10M$60.50M$55.70M$55.00M$55.00M$51.50M$48.00M$49.00M$46.60M$44.20M$46.80M$51.90M$51.30M$49.70M
Avg Forecast$150.66M$140.80M$131.60M$123.00M$116.17M$104.89M$93.06M$84.72M$80.25M$73.91M$67.19M$62.71M$63.00M$62.97M$64.53M$61.39M$70.27M$68.91M$70.50M$75.03M$65.45M$58.86M$52.99M$53.26M$45.45M$40.72M$38.04M$65.67M$62.14M$67.61M
High Forecast$150.66M$140.80M$131.60M$123.00M$116.17M$104.89M$93.06M$84.72M$80.25M$73.91M$67.19M$63.52M$63.00M$62.98M$65.56M$68.23M$70.27M$68.91M$70.50M$75.03M$65.45M$70.63M$52.99M$63.91M$45.45M$40.72M$38.04M$65.67M$62.14M$67.61M
Low Forecast$150.66M$140.80M$131.60M$123.00M$116.17M$104.89M$93.06M$84.72M$80.25M$73.91M$67.19M$61.11M$63.00M$62.96M$60.16M$57.50M$70.27M$68.91M$70.50M$75.03M$65.45M$47.09M$52.99M$42.61M$45.45M$40.72M$38.04M$65.67M$62.14M$67.61M
Surprise %--------------1.01%1.04%0.91%0.88%0.79%0.73%0.84%0.88%0.91%0.92%1.03%1.09%1.23%0.79%0.83%0.74%

Wolfspeed's average Quarter SG&A projection for Mar 24 is $62.97M, based on 4 Wall Street analysts, with a range of $62.96M to $62.98M. The forecast indicates a -2.97% fall compared to WOLF last annual SG&A of $64.90M (Dec 23).

Wolfspeed EPS Forecast

Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
# Analysts99999988889109481299555566669999
EPS--------------$-0.00$-3.22$-0.91$-0.80$-0.73$-0.21$-0.50$-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$-0.24$-0.39$-0.52$-0.65$-0.68$-0.79$-0.91$-1.00$-0.85$-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$0.21$0.13$0.05$-0.02$-0.24$-0.39$-0.52$-0.65$-0.68$-0.79$-0.91$-0.83$-0.85$-0.63$-0.57$-0.63$-0.20$-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
Low Forecast$0.21$0.13$0.05$-0.02$-0.24$-0.39$-0.52$-0.65$-0.68$-0.79$-0.91$-1.12$-0.85$-0.63$-0.67$-0.75$-0.20$-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
Surprise %--------------0.00%4.81%4.52%5.39%5.51%4.48%4.90%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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WOLFWolfspeed$12.93$56.43336.43%Hold
MXLMaxLinear$13.15$33.88157.64%Hold
ONON Semiconductor$69.50$87.2725.57%Buy
MCHPMicrochip$74.47$90.5321.57%Buy
LSCCLattice Semiconductor$51.89$62.1119.70%Buy
NXPINXP Semiconductors$236.90$242.932.55%Buy
TXNTexas Instruments$203.66$205.540.92%Buy
ADIAnalog Devices$224.19$224.640.20%Buy
MPWRMonolithic Power Systems$766.57$706.67-7.81%Buy

WOLF Forecast FAQ


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.

Wolfspeed (WOLF) average price target is $56.43 with a range of $11 to $115, implying a 336.43% from its last price of $12.93. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for WOLF stock, the company can go up by 336.43% (from the last price of $12.93 to the average price target of $56.43), up by 789.40% based on the highest stock price target, and down by -14.93% based on the lowest stock price target.

WOLF's average twelve months analyst stock price target of $56.43 supports the claim that Wolfspeed can reach $20 in the near future.

3 Wall Street analysts forecast a $12.17 price target for Wolfspeed (WOLF) this month, down -5.88% from its last price of $12.93. Compared to the last 3 and 12 months, the average price target increased by 12.14% and increased by 105.57%, respectively.

Wolfspeed's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $1.27B (high $1.27B, low $1.27B), average EBITDA is $-239M (high $-239M, low $-239M), average net income is $-227M (high $-227M, low $-227M), average SG&A $398.84M (high $398.84M, low $398.84M), and average EPS is $-1.798 (high $-1.798, low $-1.798). WOLF's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $1.74B (high $1.74B, low $1.74B), average EBITDA is $-327M (high $-327M, low $-327M), average net income is $46.91M (high $46.91M, low $46.91M), average SG&A $546.06M (high $546.06M, low $546.06M), and average EPS is $0.372 (high $0.372, low $0.372).

Based on Wolfspeed's last annual report (Jun 2023), the company's revenue was $921.9M, beating the average analysts forecast of $909.76M by 1.33%. Apple's EBITDA was $-213M, beating the average prediction of $-170M by 24.70%. The company's net income was $-330M, beating the average estimation of $-66.775M by 394.05%. Apple's SG&A was $235.3M, missing the average forecast of $284.71M by -17.35%. Lastly, the company's EPS was $-2.65, beating the average prediction of $-0.529 by 401.01%. 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%