Daily Market Movement: Wolfspeed Inc (WOLF) Sees a -9.56% Decrease, Closing at $2.46

Nora Barnes

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The closing price of Wolfspeed Inc (NYSE: WOLF) was $2.46 for the day, down -9.56% from the previous closing price of $2.72. In other words, the price has decreased by -$9.56 from its previous closing price. On the day, 60.47 million shares were traded. WOLF stock price reached its highest trading level at $2.925 during the session, while it also had its lowest trading level at $2.46.

Ratios:

Our analysis of WOLF’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.36.

On October 03, 2024, Mizuho Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $17 to $8. TD Cowen reiterated its Hold rating for. The Stock on August 22, 2024, while the target price for. The Stock was revised from $25 to $15.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 28 ’25 when Reynolds Neill sold 13,909 shares for $3.99 per share. The transaction valued at 55,497 led to the insider holds 195,257 shares of the business.

NEILL P REYNOLDS bought 13,909 shares of WOLF for $55,497 on Apr 28 ’25. On Nov 22 ’24, another insider, Dorchak Glenda, who serves as the Director of the company, bought 3,592 shares for $8.33 each. As a result, the insider paid 29,921 and bolstered with 18,688 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WOLF now has a Market Capitalization of 384939296 and an Enterprise Value of 6023821312. For. The Stock, the TTM Price-to-Sale (P/S) ratio is 0.51. Its current Enterprise Value per Revenue stands at 7.951 whereas that against EBITDA is -27.862.

Stock Price History:

The Beta on a monthly basis for WOLF is 1.43, which has changed by -0.69629633 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, WOLF has reached a high of $17.45, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of. The Stock is 57.77%, while the 200-Day Moving Average is calculated to be -35.64%.

Shares Statistics:

WOLF traded an average of 59.45M shares per day over the past three months and 75735320 shares per day over the past ten days. A total of 155.64M shares are outstanding, with a floating share count of 154.82M. Insiders hold about 1.06% of the company’s shares, while institutions hold 42.51% stake in the company. Shares short for WOLF as of 1756425600 were 43452176 with a Short Ratio of 0.73, compared to 1753920000 on 42813400. Therefore, it implies a Short% of Shares Outstanding of 43452176 and a Short% of Float of 43.79.

Earnings Estimates

Its stock is currently analyzed by 2.0 different market analysts. The consensus estimate for the next quarter is -$0.57, with high estimates of -$0.49 and low estimates of -$0.66.

Analysts are recommending an EPS of between -$1.91 and -$2.65 for the fiscal current year, implying an average EPS of -$2.43. EPS for the following year is -$1.74, with 4.0 analysts recommending between -$1.51 and -$2.1.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $198M to a low estimate of $190.11M. As of the current estimate, Wolfspeed Inc’s year-ago sales were $194.7MFor the next quarter, 3 analysts are estimating revenue of $202.62M. There is a high estimate of $207M for the next quarter, whereas the lowest estimate is $197.17M.

A total of 4 analysts have provided revenue estimates for WOLF’s current fiscal year. The highest revenue estimate was $852.2M, while the lowest revenue estimate was $850M, resulting in an average revenue estimate of $850.88M. In the same quarter a year ago, actual revenue was $757.6MBased on 5 analysts’ estimates, the company’s revenue will be $997.98M in the next fiscal year. The high estimate is $1.01B and the low estimate is $969.5M.

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