Wolfspeed Inc (NYSE: WOLF) stock suffered a major decline of -11.6% on 10/31/24. The shares closed at $13.31. NORMAL trading volume accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -10.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, WOLF is expected to continue to be a modest Value Builder.
Wolfspeed has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Wolfspeed has a slightly negative Appreciation Score of 31 and a very low Power Rating of 2, producing the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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