Analyst Expectations for Wolfspeed's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, 14 analysts rated Wolfspeed (NYSE:WOLF) with an average price target of $68.43, a 25.93% decrease from the previous average price target of $92.38. The current price of Wolfspeed is $42.01.
May 18, 2023 | 1:00 pm
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14 analysts rated Wolfspeed with an average price target of $68.43, down 25.93% from the previous target. The current price is $42.01.
The average price target of $68.43 represents a potential upside for Wolfspeed's stock, which is currently trading at $42.01. The decrease in the average price target from the previous $92.38 indicates a more conservative outlook from analysts. However, the overall sentiment remains positive, with no bearish ratings in the last quarter. This suggests that the stock is likely to go up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100