Equities
TechnologyTechnology Hardware and Equipment
  • Price (USD)8.81
  • Today's Change0.47 / 5.64%
  • Shares traded9.32m
  • 1 Year change-78.50%
  • Beta1.5278
Data delayed at least 15 minutes, as of Sep 19 2024 23:30 BST.
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Consensus recommendation

  • 14-Sep-23
  • 20-Jun-24
  • 18-Jul-24
  • 15-Aug-24
  • 12-Sep-24
Select bar for recommendation details.
Recommendations12-Sep-24
Buy0
Outperform5
Hold11
Sell2
Strong Sell0

Share price forecast in USD

The 13 analysts offering 12 month price targets for Wolfspeed Inc have a median target of 17.00, with a high estimate of 30.34 and a low estimate of 8.00. The median estimate represents a 92.96% increase from the last price of 8.81.
High244.4%30.34
Med93.0%17.00
Low-9.2%8.00

Earnings history & estimates in USD

On Aug 21, 2024, Wolfspeed Inc reported 4th quarter 2024 losses of -0.89 per share. This result was in line with the consensus of the 15 analysts following the company and under-performed last year's 4th quarter results by -0.47.
The next earnings announcement is expected on Oct 28, 2024.
Average growth rate-21.56%
Wolfspeed Inc reported annual 2024 losses of -2.59 per share on Aug 21, 2024.
Average growth rate-82.26%
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Revenue history & estimates in USD

Cree, Inc. had 4th quarter 2024 revenues of 200.70m. This missed the 201.19m consensus estimate of the 14 analysts following the company. This was 16.83% below the prior year's 4th quarter results.
Average growth rate-3.60%
Cree, Inc. had revenues for the full year 2024 of 807.20m. This was 12.44% below the prior year's results.
Average growth rate+2.81%
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