Wolfspeed (NYSE:WOLF – Get Free Report) will likely be announcing its Q1 2027 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of ($1.99) per share and revenue of $149.86 million for the quarter. Parties are encouraged to explore the company’s upcoming Q1 2027 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.
Wolfspeed (NYSE:WOLF – Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The company reported ($2.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.45) by $0.19. The company had revenue of $149.60 million for the quarter, compared to the consensus estimate of $150.00 million. Wolfspeed’s revenue was down 24.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.77) earnings per share. On average, analysts expect Wolfspeed to post ($8.27) EPS for the current fiscal year and ($6.62) EPS for the next fiscal year.
Wolfspeed Price Performance
Shares of Wolfspeed stock opened at $20.80 on Tuesday. The business’s 50 day simple moving average is $26.58 and its two-hundred day simple moving average is $30.15. The stock has a market capitalization of $1.10 billion and a P/E ratio of -1.32. Wolfspeed has a one year low of $13.48 and a one year high of $80.82.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the company. Weiss Ratings lowered Wolfspeed from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, October 23rd. TD Cowen started coverage on shares of Wolfspeed in a research note on Thursday, August 20th. They issued a “hold” rating and a $25.00 target price on the stock. Wall Street Zen downgraded shares of Wolfspeed from a “sell” rating to a “strong sell” rating in a research note on Saturday, September 19th. Zacks Research upgraded shares of Wolfspeed to a “hold” rating in a report on Friday, September 25th. Finally, Susquehanna lowered their price target on shares of Wolfspeed from $30.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 21st. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $23.33.
Get Our Latest Stock Analysis on Wolfspeed
About Wolfspeed
Wolfspeed, Inc is a semiconductor company focused on silicon carbide (SiC) technologies. Its products are designed to support the conversion and management of electrical power in applications that require high efficiency, high voltage, and operation at elevated temperatures.
The company develops and manufactures SiC power devices, including metal-oxide-semiconductor field-effect transistors, diodes, power modules, and related components. It also produces SiC materials such as wafers and epitaxial substrates used by semiconductor manufacturers.
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