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Is Wolfspeed (Wolf) a good stock to buy?

The mean of analysts' price targets for Wolfspeed (WOLF) points to a 31.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Where does Wolfspeed trade?

Wolfspeed trades on the New York Stock Exchange (NYSE) under the ticker symbol "WOLF." Who are Wolfspeed's major shareholders? Wolfspeed's stock is owned by a variety of retail and institutional investors.

Why did Wolfspeed stock jump 17% in early trading?

Wolfspeed shares jumped more than 17% in early trading on Wednesday after signing a 10-year, $2 billion agreement to supply wafers for Japan's Renesas Electronics Corporation. Wolfspeed Inc (NYSE: WOLF) opened about 20% up on Wednesday after announcing a decade-long deal with the Japanese semiconductor giant Renesas Electronics Corp (TYO: 6723).

What is the 12-month price forecast for Wolfspeed (Wolf)?

The 12-month stock price forecast is $76.6, which is an increase of 30.47% from the latest price. DURHAM, N.C.-- (BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, announced today that CEO Gregg Lowe has been elected to serve on North Carolina Agricultur...

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