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 $56.29 (represents a 774.07% upside from WOLF’s last price of $6.44) 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 $56.29 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 774.07% upside from WOLF's last price of $6.44.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 07, 2024	Harsh Kumar	Piper Sandler	$18.00	$12.79	40.68%	179.50%
Oct 21, 2024	Vijay Rakesh	Mizuho Securities	$11.00	$15.11	-27.20%	70.81%
Oct 16, 2024	Vijay Rakesh	Mizuho Securities	$9.50	$13.80	-31.16%	47.52%
Oct 15, 2024	Atif Malik	Citigroup	$16.00	$13.80	15.94%	148.45%
Aug 22, 2024	Christopher Rolland	Susquehanna	$16.00	$13.51	18.43%	148.45%
Aug 22, 2024	Harsh Kumar	Piper Sandler	$20.00	$13.51	48.04%	210.56%
Jun 25, 2024	George Gianarikas	Canaccord Genuity	$45.00	$22.95	96.08%	598.76%
Jun 18, 2024	Vijay Rakesh	Mizuho Securities	$28.00	$27.08	3.40%	334.78%
May 07, 2024	Robert Sanders	Deutsche Bank	$25.00	$25.94	-3.62%	288.20%
May 02, 2024	George Gianarikas	Canaccord Genuity	$47.00	$26.11	80.01%	629.81%

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The latest Wolfspeed stock forecast, released on Nov 07, 2024 by Harsh Kumar from Piper Sandler, set a price target of $18.00, which represents a 40.68% increase from the stock price at the time of the forecast ($12.79), and a 179.50% increase from WOLF last price ($6.44).

Wolfspeed Price Target by Period

	1M	3M	12M
# Anlaysts	2	6	14
Avg Price Target	$14.50	$15.08	$25.96
Last Closing Price	$6.44	$6.44	$6.44
Upside/Downside	125.16%	134.16%	303.11%

In the current month, the average price target of Wolfspeed stock is $14.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 125.16% increase as opposed to Wolfspeed's last price of $6.44. This month's average price target is down -3.85% compared to last quarter, and down -44.14% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 15, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Oct 15, 2024	Citigroup	Neutral	Neutral	Hold
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

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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 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	Jun 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	$228.50M	$188.00M	$173.10M	$156.60M	$145.80M	$137.30M	$127.00M	$216.60M	$205.70M	$215.50M
Avg Forecast	$411.48M	$390.82M	$369.68M	$347.68M	$335.02M	$301.51M	$265.32M	$237.68M	$213.93M	$197.16M	$182.16M	$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	$469.01M	$445.46M	$421.37M	$396.29M	$381.86M	$343.66M	$302.41M	$270.91M	$243.84M	$226.33M	$191.78M	$228.40M	$201.31M	$201.26M	$209.50M	$218.03M	$255.92M	$250.97M	$256.78M	$239.76M	$209.15M	$190.74M	$169.32M	$149.21M	$145.23M	$130.13M	$121.54M	$209.86M	$198.57M	$216.05M
Low Forecast	$381.09M	$361.96M	$342.38M	$322.00M	$310.28M	$279.24M	$245.72M	$220.13M	$198.13M	$182.56M	$172.59M	$185.59M	$201.31M	$201.19M	$192.23M	$183.74M	$207.95M	$203.92M	$208.65M	$239.76M	$209.15M	$190.74M	$169.32M	$149.21M	$145.23M	$130.13M	$121.54M	$209.86M	$198.57M	$216.05M
# Analysts	8	8	8	8	8	8	7	7	7	10	10	8	4	4	8	12	8	8	5	5	5	5	6	6	6	6	9	9	9	9
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 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
# Analysts	8	8	8	8	8	8	7	7	7	10	10	8	4	4	8	12	8	8	5	5	5	5	6	6	6	6	9	9	9	9
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	$-75.76M	$-71.96M	$-68.07M	$-64.01M	$-61.68M	$-55.51M	$-48.85M	$-43.76M	$-39.39M	$-36.30M	$-33.54M	$-36.90M	$-37.07M	$-37.05M	$-37.96M	$-36.12M	$-41.34M	$-40.54M	$-41.48M	$-44.93M	$-39.19M	$-75.54M	$-31.73M	$-30.98M	$-27.22M	$-24.39M	$-22.78M	$-39.33M	$-37.21M	$-40.49M
High Forecast	$-70.17M	$-66.64M	$-63.04M	$-59.29M	$-57.13M	$-51.41M	$-45.24M	$-40.53M	$-36.48M	$-33.61M	$-31.78M	$-34.17M	$-37.07M	$-37.04M	$-35.39M	$-33.83M	$-38.29M	$-37.55M	$-38.42M	$-44.93M	$-39.19M	$-60.43M	$-31.73M	$-24.78M	$-27.22M	$-24.39M	$-22.78M	$-39.33M	$-37.21M	$-40.49M
Low Forecast	$-86.35M	$-82.02M	$-77.58M	$-72.96M	$-70.31M	$-63.27M	$-55.68M	$-49.88M	$-44.90M	$-41.67M	$-35.31M	$-42.05M	$-37.07M	$-37.06M	$-38.57M	$-40.14M	$-47.12M	$-46.21M	$-47.28M	$-44.93M	$-39.19M	$-90.65M	$-31.73M	$-37.17M	$-27.22M	$-24.39M	$-22.78M	$-39.33M	$-37.21M	$-40.49M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.32%	1.05%	1.59%	1.42%	1.25%	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 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
# Analysts	8	8	8	8	8	8	7	7	7	10	10	8	4	4	8	12	8	8	5	5	5	5	6	6	6	6	9	9	9	9
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	$9.10M	$-1.21M	$-10.89M	$-20.98M	$-38.16M	$-54.09M	$-71.19M	$-99.24M	$-94.96M	$-108.56M	$-127.65M	$-126.43M	$-108.29M	$-80.41M	$-79.68M	$-84.91M	$-25.51M	$-18.79M	$-16.79M	$-5.92M	$-12.87M	$-76.00M	$-23.28M	$-76.20M	$-30.84M	$-28.54M	$-31.32M	$-27.08M	$-24.01M	$-19.01M
High Forecast	$10.75M	$-1.10M	$-9.84M	$-18.96M	$-34.49M	$-48.90M	$-64.35M	$-89.71M	$-85.85M	$-76.95M	$-102.90M	$-114.29M	$-97.89M	$-72.69M	$-72.09M	$-79.84M	$-23.06M	$-16.99M	$-15.18M	$-5.92M	$-12.87M	$-60.80M	$-23.28M	$-60.96M	$-30.84M	$-28.54M	$-31.32M	$-27.08M	$-24.01M	$-19.01M
Low Forecast	$8.22M	$-1.43M	$-12.87M	$-24.79M	$-45.09M	$-63.92M	$-84.13M	$-117.27M	$-112.22M	$-133.29M	$-135.46M	$-149.40M	$-127.97M	$-95.02M	$-84.74M	$-95.05M	$-30.15M	$-22.21M	$-19.84M	$-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%	4.74%	4.44%	5.29%	5.41%	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 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
# Analysts	8	8	8	8	8	8	7	7	7	10	10	8	4	4	8	12	8	8	5	5	5	5	6	6	6	6	9	9	9	9
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	$128.77M	$122.31M	$115.69M	$108.81M	$104.84M	$94.36M	$83.03M	$74.38M	$66.95M	$61.70M	$57.01M	$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	$146.77M	$139.41M	$131.87M	$124.02M	$119.50M	$107.55M	$94.64M	$84.78M	$76.31M	$70.83M	$60.02M	$71.48M	$63.00M	$62.98M	$65.56M	$68.23M	$80.09M	$78.54M	$80.36M	$75.03M	$65.45M	$70.63M	$52.99M	$63.91M	$45.45M	$40.72M	$38.04M	$65.67M	$62.14M	$67.61M
Low Forecast	$119.26M	$113.27M	$107.15M	$100.77M	$97.10M	$87.39M	$76.90M	$68.89M	$62.00M	$57.13M	$54.01M	$58.08M	$63.00M	$62.96M	$60.16M	$57.50M	$65.08M	$63.82M	$65.30M	$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 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
# Analysts	8	8	8	8	8	8	7	7	7	10	10	8	4	4	8	12	8	8	5	5	5	5	6	6	6	6	9	9	9	9
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	$0.07	$-0.01	$-0.09	$-0.17	$-0.30	$-0.43	$-0.56	$-0.78	$-0.75	$-0.86	$-1.01	$-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	$0.08	$-0.01	$-0.08	$-0.15	$-0.27	$-0.39	$-0.51	$-0.71	$-0.68	$-0.61	$-0.81	$-0.90	$-0.77	$-0.57	$-0.57	$-0.63	$-0.18	$-0.13	$-0.12	$-0.05	$-0.10	$-0.14	$-0.18	$-0.24	$-0.24	$-0.23	$-0.25	$-0.21	$-0.19	$-0.15
Low Forecast	$0.06	$-0.01	$-0.10	$-0.20	$-0.36	$-0.50	$-0.66	$-0.93	$-0.89	$-1.05	$-1.07	$-1.18	$-1.01	$-0.75	$-0.67	$-0.75	$-0.24	$-0.18	$-0.16	$-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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
WOLF	Wolfspeed	$6.44	$56.29	774.07%	Hold
MXL	MaxLinear	$14.69	$33.88	130.63%	Hold
MCHP	Microchip	$65.12	$87.89	34.97%	Buy
ON	ON Semiconductor	$67.31	$87.52	30.03%	Buy
MPWR	Monolithic Power Systems	$560.06	$706.67	26.18%	Buy
LSCC	Lattice Semiconductor	$50.75	$57.27	12.85%	Buy
NXPI	NXP Semiconductors	$220.34	$245.18	11.27%	Buy
ADI	Analog Devices	$211.01	$224.64	6.46%	Buy
TXN	Texas Instruments	$198.19	$205.54	3.71%	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 $56.29 with a range of $11 to $115, implying a 774.07% from its last price of $6.44. 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 774.07% (from the last price of $6.44 to the average price target of $56.29), up by 1685.71% based on the highest stock price target, and up by 70.81% based on the lowest stock price target.

Can Wolfspeed stock reach $10?

WOLF's average twelve months analyst stock price target of $56.29 supports the claim that Wolfspeed can reach $10 in the near future.

What is Wolfspeed's current price target trend?

2 Wall Street analysts forecast a $14.5 price target for Wolfspeed (WOLF) this month, up 125.16% from its last price of $6.44. Compared to the last 3 and 12 months, the average price target increased by 134.16% and increased by 303.11%, 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 $1.14B (high $1.3B, low $1.06B), average EBITDA is $-210M (high $-194M, low $-239M), average net income is $-263M (high $-237M, low $-310M), average SG&A $356.61M (high $406.47M, low $330.27M), and average EPS is $-2.073 (high $-1.874, low $-2.449). WOLF's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $1.52B (high $1.73B, low $1.41B), average EBITDA is $-280M (high $-259M, low $-319M), average net income is $-23.981M (high $-19.153M, low $-30.866M), average SG&A $475.57M (high $542.06M, low $440.45M), and average EPS is $-0.189 (high $-0.151, low $-0.244).

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, beating the average analysts forecast of $909.76M by 1.33%. Apple's EBITDA was $-213M, beating the average prediction of $-168M by 26.33%. The company's net income was $-330M, beating the average estimation of $-67.01M by 392.32%. 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 $-37.964M by 232.42%. Wolfspeed's net income was $-145M, beating the average estimation of $-79.678M by 81.61%. 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%