Beyond The Numbers: 14 Analysts Discuss Wolfspeed Stock
Portfolio Pulse from Benzinga Insights
In the last three months, 14 analysts have published ratings on Wolfspeed (NYSE:WOLF), with a range of perspectives from bullish to bearish. The average 12-month price target has decreased from $37.00 to $31.07. Analysts have mostly maintained or lowered their ratings and price targets, reflecting cautious sentiment. Wolfspeed's financials show challenges in profitability, debt management, and returns on equity and assets.
June 18, 2024 | 1:00 pm
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Analysts have shown mixed sentiment on Wolfspeed (NYSE:WOLF) with a decrease in the average 12-month price target from $37.00 to $31.07. Financial metrics indicate challenges in profitability, debt management, and returns on equity and assets.
The decrease in the average price target and the predominantly neutral to bearish ratings indicate a cautious outlook from analysts. Financial metrics such as negative net margin, ROE, and ROA, along with high debt-to-equity ratio, suggest ongoing challenges for the company.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100