Shares of Wolfspeed, Inc. (NYSE:WOLF – Get Free Report) have been given a consensus recommendation of “Hold” by the five research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $25.00.
A number of equities research analysts have commented on the company. TD Cowen reiterated a “hold” rating and issued a $25.00 price target on shares of Wolfspeed in a research note on Thursday. Wall Street Zen lowered shares of Wolfspeed from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 1st. Susquehanna lowered their target price on shares of Wolfspeed from $40.00 to $30.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Wolfspeed in a research report on Wednesday, June 24th.
Get Our Latest Research Report on WOLF
Wolfspeed Stock Performance
Wolfspeed (NYSE:WOLF – Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The company reported ($2.26) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.45) by $0.19. The business had revenue of $149.60 million for the quarter, compared to analyst estimates of $150.00 million. The business’s revenue for the quarter was down 24.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.77) earnings per share.
More Wolfspeed News
Here are the key news stories impacting Wolfspeed this week:
- Positive Sentiment: AI data-center revenue more than doubled year over year in fiscal 2026 and rose approximately 20% sequentially in the fourth quarter. Wolfspeed also launched its fifth-generation silicon-carbide MOSFET, supporting its long-term technology and power-electronics strategy. Wolfspeed Reports Financial Results for the Fourth Quarter of Fiscal 2026
- Neutral Sentiment: Wolfspeed guided to fiscal first-quarter 2027 revenue of $140 million to $160 million, broadly surrounding the $150.4 million consensus estimate. TD Cowen reaffirmed its “hold” rating and assigned a $25 price target, indicating limited near-term upside based on the cited trading level. Wolfspeed falls after Q1 outlook roughly matches market expectations
- Negative Sentiment: Fiscal fourth-quarter adjusted losses were wider than analysts expected. Wolfspeed reported a loss of $2.26 per share, while revenue of $149.6 million was roughly in line with estimates but fell 24.1% year over year. The prior-year loss was $0.77 per share, highlighting worsening profitability. Wolfspeed Sinks 12% on Wider-Than-Expected Loss
- Negative Sentiment: Management continues to cite negative gross margins, while the near-term revenue outlook does not indicate a material acceleration. These results are raising concerns that Wolfspeed’s AI and silicon-carbide growth opportunities may take time to offset weak overall demand and cash-burn risks. Wolfspeed targets Q1 FY2027 revenue while citing AI data-center growth
- Negative Sentiment: The reported departure of a longtime Wolfspeed chief technology officer adds management-transition uncertainty as the company executes its technology roadmap. Top Wolfspeed executive leaves company
Hedge Funds Weigh In On Wolfspeed
Hedge funds have recently made changes to their positions in the company. Summit Securities Group LLC lifted its position in Wolfspeed by 71.0% during the 4th quarter. Summit Securities Group LLC now owns 2,204 shares of the company’s stock worth $38,000 after acquiring an additional 915 shares during the period. FNY Investment Advisers LLC acquired a new stake in shares of Wolfspeed during the second quarter worth about $204,000. Royal Bank of Canada purchased a new stake in Wolfspeed in the first quarter valued at approximately $89,000. Next Level Private LLC acquired a new position in Wolfspeed in the 2nd quarter worth approximately $434,000. Finally, Cinctive Capital Management LP acquired a new position in Wolfspeed in the 4th quarter worth approximately $176,000.
About Wolfspeed
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.
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