Institutional research notes within Wolfspeed stock forecast highlight competitive moat from proprietary SiC crystal growth technology, making it less susceptible to commoditization compared to standard semiconductors. Now, it’s worth noting Stock Advisor ’s total average return is 975% — a market-crushing outperformance compared to 172% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . Wolfspeed reported a net loss per share of 72 cents for the third quarter, compared with estimates of a loss of 82 cents a share. Wolfspeed stock forecast for 2024 underscores the role of its Mohawk Valley fab ramp-up in boosting capacity. Analysts estimate a 45% increase in wafer output over the next 12 months, improving revenue visibility.
