Analyst Downgrade Weighs on Wolfspeed’s Stock Outlook
22.01.2026 - 21:32:05
Market sentiment toward Wolfspeed, a key player in silicon carbide and gallium nitride materials, has grown more cautious following a significant price target cut from Susquehanna. The financial firm slashed its target for the semiconductor company’s shares from $30 to $20, though it maintained a “Neutral” rating on the stock. The immediate market reaction to this adjustment has been muted.
While Susquehanna’s revised target represents a 33.3% reduction, the broader analyst community paints an even more restrained picture. The consensus average price target for Wolfspeed stands at just $8.83. Current recommendations are split, highlighting a lack of uniform conviction: three analysts advocate a “Buy,” one suggests “Hold,” and four advise “Sell.” This divergence Read more...
