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

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

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

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

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

SMBC Nikko Securities analyst Srini Pajjuri raised the price target on Wolfspeed (NYSE: WOLF) to $120.00 (from $90.00) while maintaining a Outperform rating.... More

Wolfspeed (WOLF) PT Lowered to $15 at Wells Fargo

Wells Fargo analyst Gary Mobley lowered the price target on Wolfspeed (NYSE: WOLF) to $15.00 (from $30.00) while maintaining a Overweight rating.... More

Wolfspeed (WOLF) PT Raised to $115 at Citi

Citi analyst Amanda Scarnati raised the price target on Wolfspeed (NYSE: WOLF) to $115.00 (from $95.00) while maintaining a Buy rating.... More

Wolfspeed (WOLF) PT Raised to $106 at Morgan Stanley

Morgan Stanley analyst Joseph Moore raised the price target on Wolfspeed (NYSE: WOLF) to $106.00 (from $101.00) while maintaining a Equalweight rating.... More

After-Hours Movers: Bed Bath Falls as Cohen Files to Sell Shares, Cisco Gains on EPS

After-Hours Stock Movers:

Wolfspeed (NYSE: WOLF) 19% HIGHER; reported Q4 EPS of ($0.02), $0.08 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $228.5 million versus the consensus estimate of $209.31 million.

Bed Bath... More

Wolfspeed (WOLF) Tops Q4 EPS by 8c

Wolfspeed (NYSE: WOLF) reported Q4 EPS of ($0.02), $0.08 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $228.5 million versus the consensus estimate of $209.31 million.

For earnings history and earnings-related data on Wolfspeed (WOLF) click here.