Wolfspeed (NYSE:WOLF – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($1.10) earnings per share for the quarter, missing the consensus estimate 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 Up 0.1 %
Shares of NYSE:WOLF traded up $0.01 during midday trading on Wednesday, reaching $6.01. The company’s stock had a trading volume of 14,054,050 shares, compared to its average volume of 18,824,504. 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 firm has a 50 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. The firm has a market capitalization of $766.90 million, a P/E ratio of -1.01 and a beta of 1.43.
Analysts Set New Price Targets
A number of research firms have recently weighed in on WOLF. Mizuho reduced their target price on shares of Wolfspeed from $10.00 to $6.00 and set an “underperform” rating for the company in a research report on Tuesday, November 19th. Susquehanna decreased their target price on Wolfspeed from $11.00 to $7.00 and set a “neutral” rating for the company in a research report on Wednesday, January 22nd. StockNews.com upgraded Wolfspeed to a “sell” rating in a research note on Monday, January 6th. Morgan Stanley increased their target price on shares of Wolfspeed from $10.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 16th. Finally, Roth Mkm lowered their price target on shares of Wolfspeed from $25.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $16.79.
Insider Activity
In related news, Director Glenda Dorchak bought 3,592 shares of the firm’s stock in a transaction that occurred on 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 acquisition, the director now owns 18,688 shares in the company, valued at $155,671.04. This trade represents a 23.79 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Thomas H. Werner purchased 37,500 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were bought at an average cost of $6.53 per share, with a total value of $244,875.00. Following the acquisition, the chairman now directly owns 108,549 shares of the company’s stock, valued at $708,824.97. This trade represents a 52.78 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased 78,067 shares of company stock worth $524,747 over the last three months. 0.84% of the stock is currently owned by corporate insiders.
About Wolfspeed
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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