Wolfspeed’s (WOLF) “Hold” Rating Reiterated at TD Cowen

TD Cowen reissued their hold rating on shares of Wolfspeed (NYSE:WOLF) in a research report sent to investors on Thursday, MarketBeat Ratings reports. They currently have a $25.00 target price on the stock.

A number of other research firms have also issued reports on WOLF. Susquehanna lowered their target price on Wolfspeed from $40.00 to $30.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Wall Street Zen downgraded shares of Wolfspeed from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Wolfspeed in a research report on Wednesday, June 24th. One equities 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 company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $25.00.

Wolfspeed Stock Down 1.7%

Shares of WOLF opened at $25.91 on Thursday. The firm has a market capitalization of $1.35 billion and a PE ratio of -1.64. The firm has a 50-day moving average price of $35.11 and a 200 day moving average price of $32.72. Wolfspeed has a 52-week low of $8.05 and a 52-week high of $80.82.

Wolfspeed (NYSE:WOLF) last posted its quarterly earnings data on Wednesday, August 19th. The company reported ($2.26) EPS for the quarter, beating analysts’ consensus estimates of ($2.45) by $0.19. The company had revenue of $149.60 million for the quarter, compared to analyst estimates of $150.00 million. Wolfspeed’s revenue was down 24.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.77) EPS.

Institutional Investors Weigh In On Wolfspeed

Large investors have recently modified their holdings of the stock. Renesas Electronics America Inc. acquired a new position in shares of Wolfspeed in the 2nd quarter worth $813,126,949,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Wolfspeed by 94.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,868,741 shares of the company’s stock valued at $5,718,000 after purchasing an additional 906,968 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Wolfspeed by 176.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,380,499 shares of the company’s stock valued at $4,224,000 after purchasing an additional 881,603 shares during the period. UBS Group AG boosted its position in shares of Wolfspeed by 3,413.9% in the 4th quarter. UBS Group AG now owns 1,269,548 shares of the company’s stock valued at $22,103,000 after purchasing an additional 1,233,419 shares during the period. Finally, Calamos Advisors LLC acquired a new position in shares of Wolfspeed in the 4th quarter valued at $12,451,000.

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.

Wolfspeed Company Profile

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.