Wolfspeed (WOLF) PT Raised to $120 at SMBC Nikko Securities

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Go back to Wolfspeed (WOLF) PT Raised to $120 at SMBC Nikko Securities

Wolfspeed (WOLF) PT Raised to $89 at BofA Securities

August 18, 2022 8:34 AM EDT

BofA Securities analyst Vivek Arya raised the price target on Wolfspeed (NYSE: WOLF) to $89.00 (from $75.00) while maintaining a Underperform rating following earnings.

... More

Wolfspeed (WOLF) Stock Surges 20% on Strong Revenue Guidance, Analysts Raise PTs

August 18, 2022 7:19 AM EDT

Shares of Wolfspeed (NYSE: WOLF) are up over 22% after the chip company reported strong results and offered better-than-expected guidance.

Wolfspeed reported an adjusted loss per share of $0.02, much better than the expected loss per share of $0.10. Revenue came in at $228.5 million, again better than the $207.9 million consensus.

For this quarter, Wolfspeed sees revenues between $232.5 million and $247.5 million, easily ahead of the... More

Wolfspeed (WOLF) PT Raised to $100 at BMO Capital

August 18, 2022 6:49 AM EDT

BMO Capital analyst Ambrish Srivastava raised the price target on Wolfspeed (NYSE: WOLF) to $100.00 (from $75.00) while maintaining a Market Perform rating following results.

The analyst commented, "Wolfspeed's results/guidance were better. The company is sounding a more positive note about end demand,... More