Key Takeaways From Wolfspeed Analyst Ratings
Portfolio Pulse from Benzinga Insights
Wolfspeed (NYSE:WOLF) has been analyzed by 11 analysts, showing a range of sentiments from bullish to bearish. Recent evaluations indicate a decline in average price targets, with several analysts lowering their ratings. The company's financials reveal challenges, including a decline in revenue, negative net margin, and high debt-to-equity ratio.
August 23, 2024 | 1:01 pm
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Wolfspeed has received mixed analyst ratings, with a notable decline in average price targets. Analysts have lowered their ratings, reflecting concerns over the company's financial performance, including a decline in revenue and high debt levels.
The majority of analysts have lowered their ratings and price targets for Wolfspeed, indicating a bearish sentiment. The company's financial challenges, such as declining revenue and high debt, contribute to this negative outlook. These factors are likely to impact the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100