Wolfspeed Announces the Commercial Launch of 200mm Silicon Carbide Materials Portfolio, Unlocking the Industry's Ability to Manufacture at Scale
WOLF(NYSE:WOLF) DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide (SiC) technology, today announced the commercial launch of its 200mm SiC materials products, marking a significant milestone in the company’s mission to accelerate the industry’s transition from silicon to silicon carbide. After initially offering 200mm SiC to select customers, the positive response and benefits warranted a commercial release to the market. Wolfspeed is also offering 200mm SiC epitax
Wolfspeed’s Plan of Reorganization Confirmed, Clearing Path to Emerge from Restructuring Process as a Financially Stronger Company
WOLF(NYSE:WOLF) DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technologies, today announced that the Company has received Court approval of its Plan of Reorganization. Wolfspeed expects to emerge from Chapter 11 protection in the next several weeks. Upon emergence, Wolfspeed expects to reduce its debt by approximately 70%, better positioning the Company to execute on its strategic priorities with a relentless focus on innovation. “We are pleased to reach this i
Wolfspeed Reports Financial Results for the Fourth Quarter and Full Fiscal Year 2025
WOLFDURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the fourth quarter of fiscal 2025 and the full fiscal year. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the fourth quarter of fiscal 2024.) Consolidated revenue of approximately $197 million, compared to $201 million Mohawk Valley Fab contributed $94.1 million in revenue, compared to $41 million GAAP gross margin of (13)%, compared to 1% Non-GAAP gross margin of (1)
Wolfspeed Appoints Semiconductor Industry Veteran Bret Zahn to lead Automotive Efforts
WOLFDURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced the appointment of Bret Zahn as Vice President and General Manager of their Automotive business as the company continues to enhance its leadership team amid its strategic expansion in high-growth markets. This appointment reflects Wolfspeed’s continued commitment to enabling the next generation of electric vehicles (EVs) through cutting-edge silicon carbide (SiC) solutions. Zahn will report to Chief Business Officer Cen
Wolfspeed Appoints Dr. David Emerson As COO
WOLFWolfspeed Stock Plunges 59% On Bankruptcy Fears: Options Traders Cash In
WOLFOptions traders were betting heavily that Wolfspeed's stock would crash just before the bankruptcy news became public.
Wolfspeed Shares Halted On Circuit Breaker To The Upside, Stock Now Down -68.1%
WOLFWolfspeed Shares Resume Trade
WOLFWolfspeed Shares Halted On Circuit Breaker To The Downside, Stock NoW Down -66.5%
WOLFWolfspeed Stock Is Tumbling Wednesday: What's Going On?
WOLFWolfspeed Inc (NYSE:WOLF) shares are crashing Wednesday following reports that the company is preparing to file for bankruptcy.
' Wolfspeed Prepares to File for Bankruptcy Within Weeks'- WSJ
WOLFWolfspeed Shares Halted On Circuit Breaker To The Upside, Stock Now Up 17.1%
WOLF'Chip Maker Wolfspeed Shifts Restructuring Talks To Apollo, Other Creditors; Apollo Hires Moelis As Adviser In Debt Negotiation; Wolfspeed Says It May Explore Restructuring In Or Out Of Court' - WSJ Exclusive
WOLFPiper Sandler Maintains Overweight on Wolfspeed, Lowers Price Target to $6
WOLFWolfspeed (WOLF) Stock Plummets Following Earnings Miss And Leadership Changes
WOLFWolfspeed shares dropped 22.8% on Friday. The company reported disappointing quarterly results and announced leadership changes.
JP Morgan Downgrades Wolfspeed to Underweight
WOLFWolfspeed Stock Slides After Q3 Revenues Miss Estimates: Here's What To Know
WOLFWolfspeed third-quarter revenues miss estimates. Here's the details.
Wolfspeed Q3 Adj. EPS $(0.72) Beats $(0.77) Estimate, Sales $185.40M Miss $194.13M Estimate
WOLFWolfspeed (WOLF) Shares Surge On Potential Short Squeeze Fueled by AI Infrastructure Optimism
WOLFShares of Wolfspeed soared 10.6% on Thursday. The stock is gaining amid renewed investor enthusiasm for AI-related infrastructure spending.
Wolfspeed: Neill Reynolds To Depart As EVP And CFO, Effective May 30, 2025
WOLFWolfspeed (WOLF) Stock Plunges After Explosive 77% Rally: What's Going On?
WOLFWolfspeed shares are down 16.4% during Tuesday's session. The stock is paring back gains from a sharp 77% rally over the past week.
Wolfspeed (WOLF) Stock Is Up 24% Monday: What's Going On?
WOLFWolfspeed shares are rallying some 24% during Monday's session. The stock is now higher by 68% over the past week, despite a lack of any new company-specific news.
Wolfspeed (WOLF) Stock Is Up 23% Thursday: What's Going On?
WOLFWolfspeed shares surged 23% Thursday afternoon. Strong economic data and U.S.-China trade optimism boosted the semiconductor sector.
Wolfspeed Stock: A Deep Dive Into Analyst Perspectives (7 Ratings)
WOLFGoldman Sachs Maintains Buy on Wolfspeed, Lowers Price Target to $8
WOLFWolfspeed Provides Update on Steps to Strengthen Capital Structure; Reaffirms Fiscal Q3 2025 Guidance And Current Cash Balance; Announces Receipt Of $192M In Section 48D Cash Tax Refunds From IRS; Continues Active Discussions With Lenders, Including Apoll
WOLFWolfspeed Names Robert Feurle As Chief Executive Officer, Effective May 1, 2025
WOLFWolfspeed Announces Its Reducing Headcount By ~180 Employees, Primarily In Materials Operations, At Both The Durham And Siler City Locations
WOLFMizuho Maintains Underperform on Wolfspeed, Lowers Price Target to $6
WOLFWolfspeed CEO Gregg Lowe Steps Down; Board Chairman Thomas Werner Takes Interim Leadership Role
WOLFWolfspeed Stock Is Falling After The Bell: What's Going On?
WOLFWolfspeed shares are tumbling in Wednesday's after-hours session in the wake of the company's third-quarter financial results.
Wolfspeed Sees Q2 Revenue $160M-$200M Vs $214.583M Est.; Adj. EPS $(1.14)-$(0.89) Vs $(0.90) Est.
WOLFWolfspeed Q1 2025 Adj. EPS $(0.91) Beats $(1.00) Estimate, Sales $194.700M Miss $200.389M Estimate
WOLFDeutsche Bank Maintains Hold on Wolfspeed, Raises Price Target to $110
WOLFAnalyst Ratings for Wolfspeed
WOLFWithin the last quarter, Wolfspeed (NYSE:WOLF) has observed the following analyst ratings:
Evercore ISI Group Initiates Coverage On Wolfspeed with Outperform Rating, Announces Price Target of $155
WOLFWolfspeed Says To Build New Silicon Carbide Materials Factory In North Carolina; Says First Phase Investment Could Be About $2B, Total Could Reach $5B
WOLFWolfspeed Sees Q4 2022 Revenues $200M-$215M
WOLFWolfspeed Q3 EPS $(0.12) Beats $(0.14) Estimate, Sales $188.00M Miss $190.68M Estimate
WOLFRecap: Wolfspeed Q3 Earnings
WOLFWolfspeed (NYSE:WOLF) reported its Q3 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Wolfspeed beat estimated earnings by 14.29%, reporting an EPS of $-0.12 versus an estimate of $-0.14.