Wolfspeed (NYSE:WOLF) Stock Rating Upgraded by Wall Street Zen

Wolfspeed (NYSE:WOLF) was upgraded by analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a note issued to investors on Saturday.

Several other equities analysts have also recently weighed in on WOLF. Weiss Ratings reiterated a “sell (d-)” rating on shares of Wolfspeed in a research note on Wednesday, June 24th. Susquehanna reduced their target price on shares of Wolfspeed from $40.00 to $30.00 and set a “neutral” rating for the company in a report on Tuesday, July 21st. Finally, TD Cowen reiterated a “hold” rating and set a $25.00 price target on shares of Wolfspeed in a research note on Thursday. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $25.00.

Wolfspeed Stock Performance

WOLF stock opened at $25.91 on Friday. Wolfspeed has a fifty-two week low of $8.05 and a fifty-two week high of $80.82. The business’s 50-day moving average is $35.11 and its two-hundred day moving average is $32.84. The company has a market cap of $1.37 billion and a price-to-earnings ratio of -1.64.

Wolfspeed (NYSE:WOLF) last announced its 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 firm had revenue of $149.60 million during the quarter, compared to analysts’ expectations of $150.00 million. The company’s revenue for the quarter was down 24.1% on a year-over-year basis. During the same period in the previous year, the business posted ($0.77) earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Canada Pension Plan Investment Board bought a new stake in Wolfspeed during the 2nd quarter worth approximately $34,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Wolfspeed in the second quarter worth approximately $34,000. Summit Securities Group LLC boosted its position in shares of Wolfspeed by 71.0% in the fourth quarter. Summit Securities Group LLC now owns 2,204 shares of the company’s stock worth $38,000 after purchasing an additional 915 shares during the period. Marex Group plc purchased a new stake in shares of Wolfspeed in the second quarter worth $44,000. Finally, WINTON GROUP Ltd purchased a new stake in shares of Wolfspeed in the second quarter worth $47,000.

Trending Headlines about Wolfspeed

Here are the key news stories impacting Wolfspeed this week:

• Positive Sentiment: Wolfspeed reported fiscal fourth-quarter revenue of approximately $149.6 million, broadly in line with expectations, while its adjusted loss per share was less negative than the consensus estimate cited in the company’s earnings report. The company also highlighted increasing sales opportunities tied to AI data centers and silicon-carbide power devices. Wolfspeed fiscal 2026 fourth-quarter results
• Positive Sentiment: Management forecast first-quarter fiscal 2027 revenue of $140 million to $160 million and pointed to continued potential from AI data-center infrastructure and higher-voltage power systems. Wolfspeed fiscal 2027 revenue outlook
• Neutral Sentiment: TD Cowen reaffirmed a “Hold” rating and assigned a $25 price target, signaling limited near-term upside at recent trading levels. TD Cowen Wolfspeed rating
• Negative Sentiment: The company’s adjusted quarterly loss was described by market coverage as materially wider than expected, while revenue declined about 24% year over year. Wolfspeed also continues to report negative gross margins, increasing concerns about its cash needs and recovery timeline. Wolfspeed quarterly loss and revenue coverage
• Negative Sentiment: Analysts said optimism surrounding 800-volt direct-current data-center applications is largely reflected in the valuation, while profitability may still be years away. Wolfspeed 800-volt outlook
• Negative Sentiment: Put-option activity surged to 82,482 contracts, roughly 138% above average daily volume, indicating elevated bearish hedging or speculation around Wolfspeed’s outlook.

About Wolfspeed

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.