Wolfspeed (NYSE:WOLF - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of -0.880--0.760 for the period, compared to the consensus earnings per share estimate of -0.840. The company issued revenue guidance of $170.0 million-$200.0 million, compared to the consensus revenue estimate of $193.6 million.
Wolfspeed Trading Up 0.3 %
Shares of NYSE WOLF traded up $0.02 during midday trading on Friday, hitting $6.11. The stock had a trading volume of 27,512,456 shares, compared to its average volume of 16,988,954. The company has a debt-to-equity ratio of 9.82, a quick ratio of 2.54 and a current ratio of 3.14. Wolfspeed has a 1-year low of $4.66 and a 1-year high of $34.63. The company has a fifty day moving average price of $7.44 and a 200 day moving average price of $10.48.
Wolfspeed (NYSE:WOLF - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The company reported ($1.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.90) by ($0.20). Wolfspeed had a negative return on equity of 60.94% and a negative net margin of 125.96%. As a group, equities research analysts predict that Wolfspeed will post -4.2 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages have issued reports on WOLF. Mizuho reduced their price target on Wolfspeed from $10.00 to $6.00 and set an "underperform" rating for the company in a research report on Tuesday, November 19th. Bank of America cut their target price on Wolfspeed from $9.50 to $6.00 and set an "underperform" rating on the stock in a research report on Thursday. Canaccord Genuity Group dropped their price target on Wolfspeed from $18.00 to $10.00 and set a "buy" rating on the stock in a research report on Thursday. Susquehanna dropped their price target on Wolfspeed from $11.00 to $7.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 22nd. Finally, Piper Sandler dropped their target price on Wolfspeed from $18.00 to $10.00 and set an "overweight" rating on the stock in a research report on Thursday. Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $14.86.
Read Our Latest Research Report on WOLF
Insider Buying and Selling at Wolfspeed
In other Wolfspeed news, Chairman Thomas H. Werner purchased 37,500 shares of the business's stock in a transaction on Wednesday, November 20th. The shares were purchased at an average cost of $6.53 per share, with a total value of $244,875.00. Following the transaction, the chairman now directly owns 108,549 shares of the company's stock, valued at $708,824.97. This represents a 52.78 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Darren R. Jackson purchased 36,975 shares of the business's stock in a transaction on Wednesday, November 20th. The shares were acquired at an average cost of $6.76 per share, for a total transaction of $249,951.00. Following the completion of the transaction, the director now directly owns 85,996 shares in the company, valued at approximately $581,332.96. This represents a 75.43 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 78,067 shares of company stock valued at $524,747 in the last 90 days. 0.84% of the stock is currently owned by company insiders.
About Wolfspeed
(
Get Free Report)
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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