Wolfspeed (NYSE:WOLF) Announces Quarterly Earnings Results

Wolfspeed (NYSE:WOLFGet Free Report) released its quarterly earnings results on Wednesday. The company reported ($1.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.90) by ($0.20), Zacks reports. Wolfspeed had a negative return on equity of 49.86% and a negative net margin of 93.31%. Wolfspeed updated its Q3 2025 guidance to -0.880–0.760 EPS.

Wolfspeed Stock Performance

Shares of WOLF traded up $0.01 during trading hours on Wednesday, hitting $6.01. The company had a trading volume of 14,166,175 shares, compared to its average volume of 18,824,504. The firm has a market cap of $766.90 million, a price-to-earnings ratio of -1.01 and a beta of 1.43. The company has a quick ratio of 2.54, a current ratio of 3.14 and a debt-to-equity ratio of 9.82. The business has a fifty day moving average of $7.50 and a 200-day moving average of $10.78. Wolfspeed has a 12 month low of $4.66 and a 12 month high of $35.28.

Analysts Set New Price Targets

Several research analysts recently commented on WOLF shares. Piper Sandler restated an “overweight” rating and set a $18.00 target price (down previously from $20.00) on shares of Wolfspeed in a report on Thursday, November 7th. Canaccord Genuity Group reduced their price objective on shares of Wolfspeed from $25.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. The Goldman Sachs Group lowered their target price on Wolfspeed from $19.00 to $17.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Roth Mkm reduced their price target on Wolfspeed from $25.00 to $20.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Finally, Mizuho lowered their price target on Wolfspeed from $10.00 to $6.00 and set an “underperform” rating on the stock in a research report on Tuesday, November 19th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $16.79.

Check Out Our Latest Report on WOLF

Insider Buying and Selling

In other Wolfspeed news, Director Glenda Dorchak bought 3,592 shares of the stock in a transaction dated Friday, November 22nd. The shares were bought at an average cost of $8.33 per share, with a total value of $29,921.36. Following the completion of the acquisition, the director now owns 18,688 shares of the company’s stock, valued at $155,671.04. This trade represents a 23.79 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman Thomas H. Werner purchased 37,500 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average price of $6.53 per share, with a total value of $244,875.00. Following the completion of the transaction, the chairman now owns 108,549 shares of the company’s stock, valued at $708,824.97. This represents a 52.78 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 78,067 shares of company stock valued at $524,747. Insiders own 0.84% of the company’s stock.

About Wolfspeed

(Get Free Report)

Wolfspeed, Inc operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications.

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Earnings History for Wolfspeed (NYSE:WOLF)

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