WolfspeedWOLF
WOLF
About: Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of its revenue from Europe and the rest from the United States, China, Hong Kong, Asia Pacific, and other regions.
Employees: 5,013
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
5% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 98
5% less funds holding
Funds holding: 318 [Q3] → 301 (-17) [Q4]
10.24% less ownership
Funds ownership: 120.13% [Q3] → 109.89% (-10.24%) [Q4]
18% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 77
34% less call options, than puts
Call options by funds: $120M | Put options by funds: $182M
37% less capital invested
Capital invested by funds: $1.48B [Q3] → $935M (-$544M) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6
145%
upside
Avg. target
$8.20
235%
upside
High target
$10
308%
upside
5 analyst ratings
3 positive
60%
1 neutral
20%
1 negative
20%
Goldman Sachs Brian Lee 34% 1-year accuracy 27 / 79 met price target | 227%upside $8 | Buy Maintained | 2 Apr 2025 |
Canaccord Genuity George Gianarikas 30% 1-year accuracy 16 / 54 met price target | 308%upside $10 | Buy Maintained | 30 Jan 2025 |
B of A Securities Vivek Arya 50% 1-year accuracy 56 / 113 met price target | 145%upside $6 | Underperform Maintained | 30 Jan 2025 |
Piper Sandler Harsh Kumar 11% 1-year accuracy 4 / 37 met price target | 308%upside $10 | Overweight Maintained | 30 Jan 2025 |
Susquehanna Christopher Rolland 13% 1-year accuracy 17 / 132 met price target | 186%upside $7 | Neutral Maintained | 22 Jan 2025 |
Financial journalist opinion
Based on 10 articles about WOLF published over the past 30 days
Neutral
The Motley Fool
5 days ago
Every Wolfspeed Investor Should Keep an Eye on This Number
Do you own a stake in industrial technology outfit Wolfspeed (WOLF -1.10%)? Maybe it's on your watch list?
Negative
The Motley Fool
2 weeks ago
Why Wolfspeed Plummeted 47% in March
Shares of silicon carbide chipmaker Wolfspeed (WOLF -4.80%) plunged 47.1% in March, according to data from S&P Global Market Intelligence.
Negative
Proactive Investors
3 weeks ago
Wolfspeed stock plunges as CHIPS Act funding uncertainty and leadership change spook investors
Wolfspeed Inc (NYSE:WOLF) shares fell almost 50% amid concerns the chipmaker may not receive federal funding from the CHIPS and Science Act. The company's outgoing interim executive chairman Thomas Werner commented that the company is being managed to not be overly reliant on CHIPS funds, raising investor concerns about securing the funding.
Positive
Market Watch
3 weeks ago
Wolfspeed in 'Constructive Dialogue' with Trump Administration to Secure Federal Funding
Wolfspeed said it maintains what it called a constructive dialogue with the White House and the Commerce Department to secure federal funding.
Neutral
Business Wire
3 weeks ago
Wolfspeed Provides Update on Steps to Strengthen Capital Structure
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced that the Company has received $192.1 million in cash tax refunds from the advanced manufacturing tax credit under Section 48D. Funds include $186.5 million owed to the Company for both fiscal 2023 and fiscal 2024 taxes, as well as accrued interest. This announcement reflects a portion of the approximately $1 billion total Section 48D cash tax refunds that the Company expects to receive. As of the end of the second quart.
Negative
The Motley Fool
3 weeks ago
Why Wolfspeed Stock Imploded on Friday
Friday is looking like a lousy day to own stock in Wolfspeed (WOLF -47.49%) -- and nobody seems to know why.
Negative
Reuters
3 weeks ago
Chipmaker Wolfspeed's shares plunge over 45% to 27-year low
Wolfspeed's shares slumped about 48% on Friday, hitting their lowest since 1998, a day after the chipmaker appointed a new CEO amid its struggles to improve its financial position.
Neutral
Reuters
3 weeks ago
Wolfspeed names chip industry veteran Robert Feurle as CEO
Chipmaker Wolfspeed said on Thursday it appointed industry veteran Robert Feurle as its CEO, months after its board ousted former top boss Gregg Lowe.
Neutral
Market Watch
3 weeks ago
Wolfspeed Names Robert Feurle Chief Executive
Wolfspeed has hired Robert Feurle as the electric-vehicle chip maker's new chief executive, effective May 1.
Neutral
Business Wire
3 weeks ago
Wolfspeed, Inc. Appoints Semiconductor Industry Veteran Robert Feurle as Chief Executive Officer and Board Member
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced the appointment of Robert Feurle as Chief Executive Officer (CEO), effective May 1, 2025, following a comprehensive internal and external search by the Board of Directors. Feurle succeeds Thomas Werner, who is serving as interim Executive Chairman and will return as Chairman of the Board following the transition. Feurle brings more than 20 years leading global organizati.
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