Wolfspeed, Inc. (WOLF)

NYSE: WOLF · Real-Time Price · USD
6.84
-0.64 (-8.56%)
At close: Feb 21, 2025, 4:00 PM
6.88
+0.04 (0.57%)
After-hours: Feb 21, 2025, 7:58 PM EST
-8.56%
Market Cap 1.06B
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 24,654,038
Open 7.43
Previous Close 7.48
Day's Range 6.59 - 7.53
52-Week Range 4.66 - 30.86
Beta 1.43
Analysts Hold
Price Target 14.86 (+117.25%)
Earnings Date Jan 29, 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]

Industry Semiconductors
Sector Technology
IPO Date Feb 8, 1993
Employees 5,013
Stock Exchange NYSE
Ticker Symbol WOLF
Full Company Profile

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 Statements

Analyst 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 117.25% from the latest price.

Price Target
$14.86
(117.25% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

Other symbols: NVDA
2 days ago - Benzinga

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...

21 days ago - Seeking Alpha

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...

23 days ago - Seeking Alpha

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...

23 days ago - Market Watch

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...

23 days ago - Reuters

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...

23 days ago - Business Wire

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...

4 weeks ago - Business Wire

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).

5 weeks ago - GlobeNewsWire

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 ...

5 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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,...

5 weeks ago - Accesswire

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...

6 weeks ago - Accesswire

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

7 weeks ago - GlobeNewsWire

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" ...

2 months ago - Accesswire

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" ...

2 months ago - Accesswire

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" ...

2 months ago - Accesswire

Wolfspeed Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Encourages Impacted Shareholders To Reach Out

LOS ANGELES, CA / ACCESSWIRE / December 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" ...

2 months ago - Accesswire

WOLF Investor Deadline: Wolfspeed Inc. Sued for Securities Fraud; Investors Should Contact Block & Leviton To Recover Losses

BOSTON, MA / ACCESSWIRE / December 11, 2024 / Block & Leviton announces that a securities fraud lawsuit has been filed against Wolfspeed, Inc. (NYSE:WOLF) and certain of its executives. Investors who ...

2 months ago - Accesswire

Wolfspeed: Critical Inflection Point

Wolfspeed, Inc. faces short-term struggles, including a CEO departure and operational issues, but remains well-positioned for long-term growth with a massive $28.7 billion of design-ins. The silicon c...

2 months ago - Seeking Alpha