Wolfspeed stock forecast analysts tracking Wolfspeed stock

Analysts tracking Wolfspeed stock forecast point to strong sector momentum in semiconductors, especially with global EV production expected to rise 27% in 2024, potentially boosting Wolfspeed’s top-line growth. Short-term volatility remains due to capex-heavy expansion plans. Geoffrey Seiler has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Wolfspeed. The Motley Fool has a disclosure policy . Now, it’s worth noting Stock Advisor’s total average return is 1,059% — a market-crushing outperformance compared to 189 % for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . Technical outlook in Wolfspeed stock forecast shows support at $26.50 and resistance near $