Wolfspeed (NYSE:WOLF) Stock Price Up 7.2% – Time to Buy?

Posted by Stanley Muller on Jul 17th, 2026

Wolfspeed, Inc. (NYSE:WOLF – Get Free Report) shares rose 7.2% during mid-day trading on Wednesday . The company traded as high as $36.90 and last traded at $36.7680. Approximately 515,296 shares traded hands during trading, a decline of 88% from the average daily volume of 4,443,301 shares. The stock had previously closed at $34.31.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on WOLF. Wall Street Zen raised Wolfspeed from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Wolfspeed in a research note on Wednesday, June 24th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $20.00.

Check Out Our Latest Research Report on WOLF

Wolfspeed Trading Down 10.9%

The stock has a market capitalization of $1.62 billion and a PE ratio of -2.96. The business has a fifty day moving average price of $51.24 and a 200-day moving average price of $31.14.

Wolfspeed (NYSE:WOLF – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($3.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($3.78) by $0.52. The firm had revenue of $150.20 million for the quarter, compared to analysts’ expectations of $150.00 million. The business’s quarterly revenue was down 19.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.72) earnings per share.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Renesas Electronics America Inc. bought a new stake in shares of Wolfspeed in the 4th quarter worth approximately $293,400,000. UBS Group AG grew its holdings in shares of Wolfspeed by 3,413.9% during the 4th quarter. UBS Group AG now owns 1,269,548 shares of the company’s stock valued at $22,103,000 after purchasing an additional 1,233,419 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Wolfspeed by 94.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,868,741 shares of the company’s stock valued at $5,718,000 after purchasing an additional 906,968 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Wolfspeed by 176.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,380,499 shares of the company’s stock worth $4,224,000 after purchasing an additional 881,603 shares during the period. Finally, Calamos Advisors LLC purchased a new position in Wolfspeed in the 4th quarter worth $12,451,000.

Wolfspeed Company Profile

(Get Free Report)

Wolfspeed, Inc (NYSE: WOLF) is a leading developer and manufacturer of silicon carbide (SiC) and gallium nitride (GaN) semiconductor materials and devices. The company’s product portfolio addresses high-growth markets such as electric vehicles, renewable energy, fast-charging infrastructure, aerospace and defense, and telecommunications. By leveraging proprietary materials and device designs, Wolfspeed delivers solutions that offer improved energy efficiency, higher power density and greater thermal performance compared to conventional silicon-based semiconductors.

Founded as part of Cree, Inc and spun off to form an independent public company in October 2021, Wolfspeed traces its roots to the mid-1980s when it pioneered the commercial use of wide-bandgap semiconductor technology.