Wow, investors are pouring money into WOLF today, it's up by 31.06 percent. The outlook is pretty good in terms of the future earning power of the company as well as the prospects for the industry.
Currently WOLF isn't at a clear support/resistance line that seems tradable. Wolfspeed hasn't shown a lot of strength recently, shareholders don't seem that energized about the asset's future prospects. WOLF might find some support at the 7.89 level, buyers might push the price back up from here. But it's not very clear what will happen.
Overall, the analysts have a more negative view on Wolfspeed but it's not a very strong negative. The current Analysts Sentiment Score is -24.79. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Deutsche Bank Aktiengesel announced a lowering of their price target to $25.00 from $30.00 on 2024-05-07. William Blair downgraded from Outperform to Market Perform on 2024-05-02. TD Cowen downgraded from Buy to Hold on 2024-05-02 and decided to decrease their price target by -37.5% down to $25.00. Mizuho announced a lowering of their price target to $27.00 from $30.00 on 2024-05-02. Susquehanna dropped their price target by -8% to $23.00 on 2024-05-02. On 2024-05-02 Citigroup lowered their price target by -13.79% to $25.00. On 2024-05-02 Canaccord Genuity Group lowered their price target by -6% to $47.00. Roth Mkm reiterated a rating of Buy on 2024-04-30 and dropped their 1 year price target to $50.00 which is down from $50.00. JPMorgan Chase & Co. provided a price target decease of -18.6% to $35.00 from $43.00 on 2024-04-11. On 2024-04-03 Wells Fargo & Company reiterated their rating of Overweight and dropped their 1 year price target to $30.00 which is down from $55.00.
| Company | Ratings Score
?
Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| WOLF | -24.79 | 10.02 | -27.87 | 0.45 | -32.17 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| WOLF | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| WOLF | 13.4 | %16.1 | 6.7 | 23.43 | 20000000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| WOLF |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
