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Wolfspeed, Inc. (WOLF)

23.79 +3.43 (+16.85%)
At close: November 6 at 4:02:02 PM EST
23.74 -0.05 (-0.21%)
After hours: 7:30:20 PM EST
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What's happening with WOLF?

49m ago
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Wolfspeed reported fiscal first-quarter revenue of $155 millionand improved its non-GAAP gross margin to -12.8%. Management expects gross margin to approach breakeven next quarter, while a conditional $1.5 billion, 30-year government loan commitmentcould reduce financing pressure. The company still faces negative cash flow, underused manufacturing capacity, debt obligations, and possible shareholder dilution.

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  • Previous Close 20.36
  • Open 21.68
  • Bid 23.60 x 20000
  • Ask 23.89 x 30000
  • Day's Range 21.06 - 24.13
  • 52 Week Range 13.48 - 80.82
  • Volume 4,019,242
  • Avg. Volume 3,764,631
  • Market Cap (intraday) 1.275B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -13.12
  • Earnings Date (est.) Feb 3, 2027
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 25.00
  • Moby Rating Bear

Wolfspeed, Inc., a semiconductor company, focuses on silicon carbide materials and devices for power applications in Europe, Hong Kong, Singapore, China, rest of Asia Pacific, Japan, the United States, and internationally. The company offers silicon carbide and gallium nitride (GaN) materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, silicon carbide substrates, mosfets, schotky diodes, power, and other applications. It also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in various applications of automotive domains, including electric vehicles and fast charging, as well as existing and emerging applications in the industrial and energy domain, such as AI data centers, grid modernization, and renewable energy and storage. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.

www.wolfspeed.com

2,371

Full Time Employees

June 28

Fiscal Year Ends

Technology

Sector

Semiconductors

Industry

Recent News

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Performance Overview

Trailing total returns as of 11/6/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

WOLF
36.65%
S&P 500 (^GSPC)
7.76%

1-Year Return

WOLF
27.56%
S&P 500 (^GSPC)
9.77%

3-Year Return

WOLF
32.17%
S&P 500 (^GSPC)
68.96%

5-Year Return

WOLF
32.17%
S&P 500 (^GSPC)
57.04%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY27
Revenue 155M
Earnings -143.8M
Profit Margin -92.77%

Q2

FY26

Q3

FY26

Q4

FY26

Q1

FY27

-100M
0
100M
-95.0%
-90.0%
-85.0%
-80.0%

Analyst Insights

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Analyst Price Targets

25.00
25.00 Average
23.79 Current
25.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/5/2026
Analyst TD Cowen
Rating Action Maintains
Rating Hold
Price Action Lowers
Price Target 25 -> 23

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    80.89%

  • Return on Assets (ttm)

    -5.69%

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    623.3M

  • Net Income Avi to Common (ttm)

    504.2M

  • Diluted EPS (ttm)

    -13.12

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    995.1M

  • Total Debt/Equity (mrq)

    209.28%

  • Levered Free Cash Flow (ttm)

    546.81M

Company Insights

Research Reports

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