Wolfspeed (NYSE:WOLF) Sees Large Volume Increase – What’s Next?

Posted by Francis Steltz on May 18th, 2026

Wolfspeed, Inc. (NYSE:WOLF – Get Free Report) shares saw an uptick in trading volume on Monday . 4,951,621 shares were traded during mid-day trading, an increase of 44% from the previous session’s volume of 3,449,402 shares.The stock last traded at $58.5680 and had previously closed at $62.13.

Analysts Set New Price Targets

A number of research firms have recently weighed in on WOLF. Piper Sandler reissued an “overweight” rating and set a $20.00 price target (up from $6.00) on shares of Wolfspeed in a research report on Thursday, February 5th. Wall Street Zen raised shares of Wolfspeed from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. Susquehanna reduced their price objective on shares of Wolfspeed from $30.00 to $20.00 and set a “neutral” rating on the stock in a research note on Thursday, January 22nd. Zacks Research raised shares of Wolfspeed to a “hold” rating in a report on Monday, February 9th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Wolfspeed in a research note on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $20.00.

Get Our Latest Stock Analysis on WOLF

Wolfspeed Trading Down 3.6%

The company has a market cap of $2.89 billion and a price-to-earnings ratio of -5.63. The firm has a 50-day moving average price of $26.43 and a 200 day moving average price of $21.81.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WOLF. Andar Capital Management HK Ltd acquired a new stake in shares of Wolfspeed during the 3rd quarter worth approximately $48,000. Summit Securities Group LLC boosted 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 valued at $38,000 after purchasing an additional 915 shares during the period. Eastern Bank bought a new position in Wolfspeed during the 4th quarter worth $46,000. Cinctive Capital Management LP bought a new position in Wolfspeed during the 4th quarter worth $176,000. Finally, Capital Investment Advisory Services LLC increased its position in Wolfspeed by 13.3% in the fourth quarter. Capital Investment Advisory Services LLC now owns 15,174 shares of the company’s stock worth $264,000 after buying an additional 1,783 shares during the period.

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.