Wolfspeed, Inc. (WOLF)
Market Cap | 402.93M |
Revenue (ttm) | 776.60M |
Net Income (ttm) | -978.20M |
Shares Out | 155.57M |
EPS (ttm) | -7.71 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 175,884,238 |
Open | 3.340 |
Previous Close | 5.380 |
Day's Range | 2.540 - 3.520 |
52-Week Range | 2.540 - 30.860 |
Beta | 1.50 |
Analysts | Hold |
Price Target | 14.86 (+473.75%) |
Earnings Date | Apr 30, 2025 |
About WOLF
Wolfspeed, Inc. operates as a bandgap semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field eff... [Read more]
Financial Performance
In 2024, Wolfspeed's revenue was $807.20 million, an increase of 6.42% compared to the previous year's $758.50 million. Losses were -$864.20 million, 162.0% more than in 2023.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for WOLF stock is "Hold." The 12-month stock price forecast is $14.86, which is an increase of 473.75% from the latest price.
News

Wolfspeed in 'Constructive Dialogue' with Trump Administration to Secure Federal Funding
Wolfspeed said it maintains what it called a constructive dialogue with the White House and the Commerce Department to secure federal funding.

Wolfspeed Provides Update on Steps to Strengthen Capital Structure
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced that the Company has received $192.1 million in cash tax refunds from the advanced manufacturing tax credit under Section 48...

Chipmaker Wolfspeed's shares plunge over 45% to 27-year low
Wolfspeed's shares slumped about 48% on Friday, hitting their lowest since 1998, a day after the chipmaker appointed a new CEO amid its struggles to improve its financial position.

Wolfspeed names chip industry veteran Robert Feurle as CEO
Chipmaker Wolfspeed said on Thursday it appointed industry veteran Robert Feurle as its CEO, months after its board ousted former top boss Gregg Lowe.

Wolfspeed Names Robert Feurle Chief Executive
Wolfspeed has hired Robert Feurle as the electric-vehicle chip maker's new chief executive, effective May 1.

Wolfspeed, Inc. Appoints Semiconductor Industry Veteran Robert Feurle as Chief Executive Officer and Board Member
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced the appointment of Robert Feurle as Chief Executive Officer (CEO), effecti...

Elliott Investment Management Buys Wolfspeed Stock, Bets Against Nvidia In Q4
Elliott Investment Management made several portfolio moves in the fourth quarter, closing multiple options positions and shaking up the activist firm's technology exposure.

Wolfspeed: Big Plans Still Intact
Wolfspeed remains poised for strong growth in the EV ecosystem despite short-term struggles and a CEO transition with a viable path to profitability. The company reported mixed FQ2 results, with reven...

Wolfspeed, Inc. (WOLF) Q2 2025 Earnings Call Transcript
Wolfspeed, Inc. (NYSE:WOLF) Q2 2025 Earnings Conference Call January 29, 2025 5:00 PM ET Company Participants Tyler Gronbach - Vice President, External Affairs Tom Werner - Executive Chairman Neill R...

Wolfspeed posts revenue beat, cites ‘significant progress' on new operating plan
Wolfspeed's stock initially soared in extended trading Wednesday before pulling back to a slight loss, after the semiconductor company beat Wall Street's revenue expectations in its fiscal second-quar...

Wolfspeed beats Q2 revenue as business transition takes hold
Chipmaker Wolfspeed topped Wall Street estimates for second-quarter revenue and reported a smaller-than-expected net loss on Wednesday, as the company made operational changes to accelerate its profit...

Wolfspeed Reports Financial Results for the Second Quarter of Fiscal Year 2025
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the second quarter of fiscal 2025. Quarterly Financial Highlights (Continuing operations only. All compariso...

Wolfspeed Launches New Gen 4 MOSFET Technology Platform to Deliver Breakthrough Performance in Real-World Conditions for High-Power Applications
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today introduced its new Gen 4 technology platform, which enables design rooted in durabil...

Investors in Wolfspeed, Inc. Should Contact The Gross Law Firm Before January 17, 2025 to Discuss Your Rights – WOLF
NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. (NYSE: WOLF).

Wolfspeed, Inc. Announces Date of Fiscal Second Quarter Earnings Call for January 29, 2025
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its second quarter results on ...

Wolfspeed Completes $200 Million At-The-Market Equity Offering
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) announced today that it has completed the offering of shares of its common stock under its previously announced “at the market” offering pro...

Lead Plaintiff Deadline on January 17, 2025 for WOLF Investors - Kessler Topaz Meltzer & Check, LLP Encourages Investors with Losses to Contact the Firm
RADNOR, PA / ACCESSWIRE / January 11, 2025 / The law firm of Kessler Topaz Meltzer & Check, LLP(www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Wolfspeed,...

DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Wolfspeed
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Wolfspeed To Contact Him Directly To Discuss Their Options If you s...

WOLF INVESTOR DEADLINE: Wolfspeed, Inc. Investors Should Contact Block & Leviton By January 17th
BOSTON, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Block & Leviton reminds investors that a securities fraud lawsuit has been filed against Wolfspeed, Inc. (NYSE: WOLF) and certain of its executives. Investors...

Shareholders of Wolfspeed, Inc. Should Contact The Gross Law Firm Before January 17, 2025 to Discuss Your Rights - WOLF
NEW YORK , Jan. 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. (NYSE: WOLF). Shareholders who purchased shares of WOLF during the class perio...

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Wolfspeed
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Wolfspeed To Contact Him Directly To Discuss Their Options If you s...

WOLFSPEED JANUARY DEADLINE: Wolfspeed, Inc. Sued for Securities Fraud; Investors Should Contact Block & Leviton To Discuss Next Steps
Block & Leviton announces a lawsuit has been filed against Wolfspeed Inc. Investors in WOLF should contact the firm by 1/17 to potentially recover losses.

Wolfspeed Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Affected Shareholders To Reach Out
LOS ANGELES, CA / ACCESSWIRE / December 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" ...

Wolfspeed Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Shareholder Participation
LOS ANGELES, CA / ACCESSWIRE / December 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" ...

Wolfspeed Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Encourages Affected Shareholders To Reach Out
LOS ANGELES, CA / ACCESSWIRE / December 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" ...