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Stock impact report

Wolfspeed, Inc. (NYSE:WOLF) Consensus Forecasts Have Become A Little Darker Since Its Latest Report [Yahoo! Finance]

Wolfspeed, Inc. (WOLF) 
Company Research Source: Yahoo! Finance
The early response was not positive, with shares down 3.5% to US$25.33 in the past week. Revenues came in at US$201m, in line with expectations, while statutory losses per share were substantially higher than expected, at US$1.18 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. See our latest analysis for Wolfspeed Taking into account the latest results, the most recent consensus for Wolfspeed from 19 analysts is for revenues of US$1.09b in 2025. If met, it would imply a solid 12% increase on its revenue over the past 12 months. Losses are predicted to fall substantially, shrinking 24% to US$3.36. Before this earnings announcement, the analysts had been modelling revenues of US$1 Show less Read more
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