US Stock Futures Slip After Two Days Of Record Advances: 'FOMO Could Add Another 5%-10%…,' Says Expert
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2025
0mins
Source: Benzinga
Market Overview: U.S. futures dipped after two days of record highs, with the Nasdaq and S&P 500 reaching new peaks. Trade negotiations are set to resume with Canada, while the EU is open to a trade deal involving a 10% universal tariff on exports to the U.S.
Economic Insights: Despite signs of a cooling economy, economist Jeremy Siegel predicts a potential 5%-10% increase in major indexes due to factors like AI productivity and falling bond yields, while gold prices are stabilizing amid expectations of deeper interest rate cuts by the Federal Reserve.
Analyst Views on WOLF
Wall Street analysts forecast WOLF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WOLF is 30.00 USD with a low forecast of 30.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 19.180
Low
30.00
Averages
30.00
High
30.00
Current: 19.180
Low
30.00
Averages
30.00
High
30.00
About WOLF
Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide materials and devices for power applications. The Company’s products include power devices and silicon carbide and gallium nitride (GaN) materials. Its products are targeted for various applications such as electric vehicles, fast charging and renewable energy and storage. The Company’s materials products and power devices are used in electric vehicles, motor drives, power supplies, solar and transportation applications. Its materials products are also used in military communications, radar, satellite and telecommunication applications. The Company’s power device products consist of silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs) and power modules. Its silicon carbide materials products consist of silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
