NYSE:WOLF Wolfspeed (WOLF) Stock Price, News & Analysis → Massive Crisis Looming — Protect Your Savings Now (From Weiss Ratings) (Ad) Free WOLF Stock Alerts $27.09 -0.06 (-0.22%) (As of 03:44 PM ET) Add Compare Share Share Today's Range$26.30▼$27.3950-Day Range$22.18▼$29.4352-Week Range$20.63▼$70.42Volume1.46 million shsAverage Volume4.42 million shsMarket Capitalization$3.41 billionP/E RatioN/ADividend YieldN/APrice Target$36.29 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Wolfspeed alerts: Email Address Wolfspeed MarketRank™ Stock AnalysisAnalyst RatingHold2.21 Rating ScoreUpside/Downside34.7% Upside$36.29 Price TargetShort InterestBearish17.49% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.26Based on 5 Articles This WeekInsider TradingAcquiring Shares$50,475 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($3.13) to ($3.09) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.33 out of 5 starsComputer And Technology Sector375th out of 585 stocksSemiconductors & Related Devices Industry56th out of 86 stocks 4.1 Analyst's Opinion Consensus RatingWolfspeed has received a consensus rating of Hold. The company's average rating score is 2.21, and is based on 4 buy ratings, 9 hold ratings, and 1 sell rating.Amount of Analyst CoverageWolfspeed has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Wolfspeed's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted17.49% of the float of Wolfspeed has been sold short.Short Interest Ratio / Days to CoverWolfspeed has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Wolfspeed has recently decreased by 4.79%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldWolfspeed does not currently pay a dividend.Dividend GrowthWolfspeed does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WOLF. Previous Next 2.4 News and Social Media Coverage News SentimentWolfspeed has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Wolfspeed this week, compared to 9 articles on an average week.Search InterestOnly 15 people have searched for WOLF on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Wolfspeed to their MarketBeat watchlist in the last 30 days. This is a decrease of -55% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wolfspeed insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,475.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.85% of the stock of Wolfspeed is held by insiders.Read more about Wolfspeed's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Wolfspeed are expected to grow in the coming year, from ($3.13) to ($3.09) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wolfspeed is -4.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Wolfspeed is -4.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioWolfspeed has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Wolfspeed's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsAre you prepared for a financial lockdown?A new kind of American dystopia is being built before our eyes, and most people have no idea what's happening. That's why I've recorded this urgent message to give you all the details on how to prepare … Including three steps to take right now.Click here to watch my video before it's too late. About Wolfspeed Stock (NYSE:WOLF)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. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was incorporated in 1987 and is headquartered in Durham, North Carolina.Read More WOLF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WOLF Stock News HeadlinesMay 31, 2024 | insidertrades.comWolfspeed, Inc. (NYSE:WOLF) Director Marvin Riley Purchases 1,866 SharesJune 17 at 1:28 AM | americanbankingnews.comWolfspeed (NYSE:WOLF) versus Lattice Semiconductor (NASDAQ:LSCC) Critical ReviewMay 29, 2024 | sg.finance.yahoo.comWOLF Jan 2025 25.000 callMay 29, 2024 | msn.comBy the numbers: Here's how much Triangle CEOs made last yearMay 28, 2024 | msn.comIn one North Carolina county, it’s ‘growth, growth, growth,’ but will Biden reap the benefit?May 26, 2024 | msn.comIn one North Carolina county, it’s ‘growth, growth, growth.’ But will Biden reap the benefit?May 24, 2024 | benzinga.com(WOLF) - Analyzing Wolfspeed's Short InterestMay 24, 2024 | msn.comMicrochip Technology, NXP Semiconductors see rating upgrades at Mizuho amid Analog outlook for 24-25May 16, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Wolfspeed, Inc. - WOLFMay 15, 2024 | msn.comJana Partners takes new stakes in Wolfspeed, QuidelOrtho in Q1May 15, 2024 | finance.yahoo.comJana reveals size of Wolfspeed, QuidelOrtho stakes in filingMay 15, 2024 | businesswire.comWolfspeed To Participate in Upcoming Investor ConferencesMay 14, 2024 | benzinga.comSmart Money Is Betting Big In WOLF OptionsMay 13, 2024 | bizjournals.comChatham megasite owned by Triad investors now has two companies. What about the other 1,300 acres?May 9, 2024 | bizjournals.comChatham megasite has two companies. What about the other 1,300 acres?May 7, 2024 | benzinga.comA Glimpse Into The Expert Outlook On Wolfspeed Through 13 AnalystsMay 6, 2024 | stockhouse.comWolfspeed, Inc. (WOLF) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsMay 6, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Wolfspeed, Inc. - WOLFMay 5, 2024 | finance.yahoo.comWolfspeed, Inc. (NYSE:WOLF) Consensus Forecasts Have Become A Little Darker Since Its Latest ReportMay 3, 2024 | markets.businessinsider.comWells Fargo Reaffirms Their Hold Rating on Wolfspeed (WOLF)May 3, 2024 | msn.comWilliam Blair Downgrades Wolfspeed (WOLF)May 3, 2024 | seekingalpha.comWolfspeed: Not So BadMay 2, 2024 | markets.businessinsider.comWolfspeed Hold Rating Maintained Amid Performance Concerns and Revised Target PriceMay 2, 2024 | msn.comWolfspeed Analysts Slash Their Forecasts Following Q3 ResultsMay 2, 2024 | msn.comWolfspeed, Inc. (NYSE:WOLF) Q3 2024 Earnings Call TranscriptSee More Headlines Receive WOLF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wolfspeed and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today6/17/2024Fiscal Year End6/30/2024Next Earnings (Estimated)8/21/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNYSE:WOLF CUSIPN/A CIK895419 Webwww.cree.com Phone(919) 313-5300Fax919-313-5558Employees4,802Year FoundedN/APrice Target and Rating Average Stock Price Target$36.29 High Stock Price Target$57.00 Low Stock Price Target$23.00 Potential Upside/Downside+37.4%Consensus RatingHold Rating Score (0-4)2.21 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)($6.46) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-329,900,000.00 Net Margins-96.12% Pretax Margin-66.22% Return on Equity-27.37% Return on Assets-4.78% Debt Debt-to-Equity Ratio5.55 Current Ratio4.58 Quick Ratio4.00 Sales & Book Value Annual Sales$921.90 million Price / Sales3.60 Cash FlowN/A Price / Cash FlowN/A Book Value$13.03 per share Price / Book2.03Miscellaneous Outstanding Shares125,860,000Free Float124,785,000Market Cap$3.32 billion OptionableOptionable Beta1.60 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Gregg A. Lowe (Age 61)President, CEO & Director Comp: $1.19MMr. Neill P. Reynolds (Age 48)Executive VP & CFO Comp: $760.67kDr. John EdmondCo-Founder & Research FellowMs. Elif BalkasChief Technology OfficerMs. Priya AlmelkarSenior VP of IT & Chief Information OfficerMr. Tyler D. Gronbach (Age 55)Vice President of Investor Relations Mr. Bradley D. Kohn (Age 55)Chief Legal Officer, Secretary & General Counsel Melinda WalkerDirector of Corporate CommunicationsMr. Rick MadormoSenior Vice President of Global Sales & MarketingMs. Margaret ChadwickChief Human Resources OfficerMore ExecutivesKey CompetitorsAstera LabsNASDAQ:ALABQorvoNASDAQ:QRVOLattice SemiconductorNASDAQ:LSCCAmkor TechnologyNASDAQ:AMKRMACOM Technology SolutionsNASDAQ:MTSIView All CompetitorsInsiders & InstitutionsTeachers Retirement System of The State of KentuckyBought 23,749 shares on 5/28/2024Ownership: 0.218%Boston PartnersBought 54,939 shares on 5/28/2024Ownership: 0.044%Marvin RileyBought 1,866 shares on 5/28/2024Total: $50,475.30 ($27.05/share)Comerica BankBought 4,842 shares on 5/17/2024Ownership: 0.057%Motley Fool Asset Management LLCBought 14,542 shares on 5/17/2024Ownership: 0.029%View All Insider TransactionsView All Institutional Transactions WOLF Stock Analysis - Frequently Asked Questions Should I buy or sell Wolfspeed stock right now? 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wolfspeed in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WOLF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WOLF, but not buy additional shares or sell existing shares. View WOLF analyst ratings or view top-rated stocks. What is Wolfspeed's stock price target for 2024? 14 equities research analysts have issued 1-year price targets for Wolfspeed's shares. Their WOLF share price targets range from $23.00 to $57.00. On average, they anticipate the company's share price to reach $36.29 in the next year. This suggests a possible upside of 34.7% from the stock's current price. View analysts price targets for WOLF or view top-rated stocks among Wall Street analysts. How have WOLF shares performed in 2024? Wolfspeed's stock was trading at $43.51 at the beginning of 2024. Since then, WOLF stock has decreased by 38.1% and is now trading at $26.94. View the best growth stocks for 2024 here. When is Wolfspeed's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 21st 2024. View our WOLF earnings forecast. How were Wolfspeed's earnings last quarter? Wolfspeed, Inc. (NYSE:WOLF) released its quarterly earnings results on Wednesday, May, 1st. The company reported ($0.79) EPS for the quarter, beating analysts' consensus estimates of ($0.82) by $0.03. The company earned $200.70 million during the quarter, compared to analyst estimates of $201.49 million. Wolfspeed had a negative trailing twelve-month return on equity of 27.37% and a negative net margin of 96.12%. What ETFs hold Wolfspeed's stock? ETFs with the largest weight of Wolfspeed (NYSE:WOLF) stock in their portfolio include ALPS Clean Energy ETF (ACES), Future Fund Long/Short ETF (FFLS), SPDR S&P Semiconductor ETF (XSD), Future Fund Active ETF (FFND), MFAM Small-Cap Growth ETF (MFMS), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), Motley Fool Small-Cap Growth ETF (TMFS) and Invesco WilderHill Clean Energy ETF (PBW). What guidance has Wolfspeed issued on next quarter's earnings? Wolfspeed updated its fourth quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of -0.860--0.720 for the period, compared to the consensus earnings per share estimate of -0.610. The company issued revenue guidance of $185.0 million-$215.0 million, compared to the consensus revenue estimate of $225.8 million. Who are Wolfspeed's major shareholders? Wolfspeed's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.39%), Capital International Investors (10.19%), Capital Research Global Investors (9.85%), Clearbridge Investments LLC (3.81%), Shaolin Capital Management LLC (0.00%) and Capital World Investors (2.52%). Insiders that own company stock include Darren R Jackson, Duy Loan T Le, Glenda Dorchak, Gregg A Lowe, John B Replogle, Marvin Riley and Neill Reynolds. View institutional ownership trends. How do I buy shares of Wolfspeed? Shares of WOLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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