Wolfspeed (NYSE:WOLF – Get Free Report) is anticipated to release its Q3 2025 earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.82) per share and revenue of $190.03 million for the quarter.
Wolfspeed Trading Down 1.3 %
Shares of Wolfspeed stock opened at $4.03 on Wednesday. The company has a current ratio of 3.15, a quick ratio of 2.47 and a debt-to-equity ratio of 17.26. The company has a fifty day simple moving average of $3.96 and a 200-day simple moving average of $6.70. The stock has a market cap of $514.04 million, a price-to-earnings ratio of -0.52 and a beta of 1.62. Wolfspeed has a 12-month low of $2.06 and a 12-month high of $30.86.
Analyst Ratings Changes
Several equities analysts have issued reports on WOLF shares. Susquehanna dropped their price objective on Wolfspeed from $11.00 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, January 22nd. Bank of America cut their price target on Wolfspeed from $9.50 to $6.00 and set an “underperform” rating on the stock in a research report on Thursday, January 30th. Piper Sandler decreased their price objective on Wolfspeed from $18.00 to $10.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. The Goldman Sachs Group cut their target price on shares of Wolfspeed from $15.00 to $8.00 and set a “buy” rating on the stock in a report on Wednesday, April 2nd. Finally, Canaccord Genuity Group reduced their price target on shares of Wolfspeed from $18.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $12.17.
Insider Activity
In other Wolfspeed news, CFO Neill Reynolds sold 13,909 shares of the stock in a transaction on Monday, April 28th. The stock was sold at an average price of $3.99, for a total transaction of $55,496.91. Following the sale, the chief financial officer now owns 195,257 shares in the company, valued at approximately $779,075.43. This represents a 6.65 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.84% of the company’s stock.
Wolfspeed Company Profile
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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