WOLF Chart
About

Wolfspeed, Inc., a 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. The company 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. It 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. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.

Fundamentals
Scroll to Statements
Sector Technology Industry Semiconductors Market Cap 908.54M
Enterprise Value 1.61B Income -685.20M Sales 747.70M
Book/sh 22.93 Cash/sh 28.66 Dividend Yield —
Payout 0.00% Employees 3434 IPO —
P/E — Forward P/E -2.51 PEG —
P/S 1.22 P/B 0.88 P/C —
EV/EBITDA -7.21 EV/Sales 2.16 Quick Ratio 5.08
Current Ratio 6.50 Debt/Eq 330.38 LT Debt/Eq —
EPS (ttm) -14.49 EPS next Y -8.03 EPS Growth —
Revenue Growth -6.60% Earnings 2026-05-08 ROA -4.68%
ROE -137.04% ROIC — Gross Margin -14.24%
Oper. Margin -78.99% Profit Margin -91.64% Shs Outstand 45.09M
Shs Float 28.23M Short Float 23.67% Short Ratio 5.49
Short Interest — 52W High 36.60 52W Low 8.05
Beta — Avg Volume 1.49M Volume 1.98M
Target Price $17.50 Recom None Prev Close $18.47
Price $20.15 Change 9.10%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$17.50
Mean price target
2. Current target
$20.15
Latest analyst target
3. DCF / Fair value
$-341.75
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$20.15
Low
$15.00
High
$20.00
Mean
$17.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-05 reit Piper Sandler Overweight → Overweight $20
2026-01-22 main Susquehanna Neutral → Neutral $20
2025-10-22 main Susquehanna Neutral → Neutral $30
2025-07-22 main Susquehanna Neutral → Neutral $2
2025-05-09 main Piper Sandler Overweight → Overweight $6
2025-05-09 down Citigroup Neutral → Sell $3
2025-05-09 down JP Morgan Neutral → Underweight —
2025-04-02 main Goldman Sachs Buy → Buy $8
2025-01-30 main Canaccord Genuity Buy → Buy $10
2025-01-30 main B of A Securities Underperform → Underperform $6
2025-01-30 main Goldman Sachs Buy → Buy $15
2025-01-30 main Piper Sandler Overweight → Overweight $10
2025-01-22 main Susquehanna Neutral → Neutral $7
2025-01-16 main Goldman Sachs Buy → Buy $17
2024-11-19 main Mizuho Underperform → Underperform $6
2024-11-07 main Canaccord Genuity Buy → Buy $18
2024-11-07 main JP Morgan Neutral → Neutral $17
2024-11-07 main Goldman Sachs Buy → Buy $19
2024-11-07 main Roth MKM Buy → Buy $20
2024-11-07 main Susquehanna Neutral → Neutral $11
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 31732 — — Stock Award(Grant) at price 0.00 per share. HOU HONG Q Director — 2025-12-17 00:00:00 D
1 31732 — — Stock Award(Grant) at price 0.00 per share. MUSSER ERIC S. Director — 2025-12-17 00:00:00 D
2 31732 — — Stock Award(Grant) at price 0.00 per share. WALSH PAUL V JR Director — 2025-12-17 00:00:00 D
3 31732 — — Stock Award(Grant) at price 0.00 per share. JENSEN MARK EDWIN Director — 2025-12-17 00:00:00 D
4 31732 — — Stock Award(Grant) at price 0.00 per share. BOKAN MICHAEL W Director — 2025-12-17 00:00:00 D
5 31732 — — Stock Award(Grant) at price 0.00 per share. ABATE ANTHONY M Director — 2025-12-17 00:00:00 D
6 126931 — — Stock Award(Grant) at price 0.00 per share. EMERSON DAVID TODD Chief Operating Officer — 2025-12-08 00:00:00 D
7 317327 — — Stock Award(Grant) at price 0.00 per share. FEURLE ROBERT A Chief Executive Officer — 2025-12-08 00:00:00 D
8 172263 — — Stock Award(Grant) at price 0.00 per share. VAN ISSUM GREGOR Chief Financial Officer — 2025-12-08 00:00:00 D
9 194305 5160602 — Purchase at price 26.12 - 27.46 per share. CITIGROUP, INC. Beneficial Owner of more than 10% of a Class of Security — 2025-10-31 00:00:00 I
Financials
Line Item2025-06-302024-06-302023-06-302022-06-30
TaxEffectOfUnusualItems-4.38M-210.00K7.88M-22.72M
TaxRateForCalcs0.010.210.000.21
NormalizedEBITDA-321.00M-144.20M-109.10M2.90M
TotalUnusualItems-730.60M-1.00M37.50M-108.20M
TotalUnusualItemsExcludingGoodwill-730.60M-1.00M37.50M-108.20M
NetIncomeFromContinuingOperationNetMinorityInterest-1.61B-573.60M-260.50M-250.10M
ReconciledDepreciation252.10M181.00M145.60M111.50M
ReconciledCostOfRevenue879.20M729.80M515.60M254.70M
EBITDA-1.05B-145.20M-71.60M-105.30M
EBIT-1.30B-326.20M-217.20M-216.80M
NetInterestIncome-247.60M-111.30M15.60M-13.80M
InterestExpense315.20M246.30M42.60M25.10M
InterestIncome67.60M135.00M58.20M11.30M
NormalizedIncome-882.98M-572.81M-290.12M-164.62M
NetIncomeFromContinuingAndDiscontinuedOperation-1.61B-864.20M-329.90M-200.90M
TotalExpenses1.39B1.23B1.06B691.80M
TotalOperatingIncomeAsReported-1.33B-445.30M-311.80M-203.10M
DilutedAverageShares141.32M125.69M124.37M120.12M
BasicAverageShares141.32M125.69M124.37M120.12M
DilutedEPS-11.39-6.88-2.65-1.67
BasicEPS-11.39-6.88-2.65-1.67
DilutedNIAvailtoComStockholders-1.61B-864.20M-329.90M-200.90M
NetIncomeCommonStockholders-1.61B-864.20M-329.90M-200.90M
NetIncome-1.61B-864.20M-329.90M-200.90M
MinorityInterests0.000.00-1.40M
NetIncomeIncludingNoncontrollingInterests-1.61B-864.20M-329.90M-200.90M
NetIncomeDiscontinuousOperations0.00-290.60M-69.40M49.20M
NetIncomeContinuousOperations-1.61B-573.60M-260.50M-250.10M
TaxProvision-9.70M1.10M700.00K8.20M
PretaxIncome-1.62B-572.50M-259.80M-241.90M
OtherIncomeExpense-743.10M-36.50M21.90M-108.40M
OtherNonOperatingIncomeExpenses-12.50M-35.50M-15.60M-200.00K
SpecialIncomeCharges-753.20M-19.50M37.50M-108.20M
GainOnSaleOfPPE20.00M0.000.00300.00K
OtherSpecialCharges17.00M7.70M-50.30M24.80M
WriteOff54.70M0.000.00
ImpairmentOfCapitalAssets535.70M1.20M2.00M
RestructuringAndMergernAcquisition165.80M18.30M10.80M83.70M
GainOnSaleOfSecurity22.60M18.50M300.00K8.70M
NetNonOperatingInterestIncomeExpense-247.60M-111.30M15.60M-13.80M
InterestExpenseNonOperating315.20M246.30M42.60M25.10M
InterestIncomeNonOperating67.60M135.00M58.20M11.30M
OperatingIncome-628.20M-424.70M-297.30M-119.70M
OperatingExpense506.60M502.10M540.20M327.80M
OtherOperatingExpenses85.20M53.80M160.20M70.00M
DepreciationAmortizationDepletionIncomeStatement1.10M10.90M2.20M14.50M
DepreciationAndAmortizationInIncomeStatement1.10M10.90M2.20M14.50M
Amortization1.10M10.90M2.20M14.50M
AmortizationOfIntangiblesIncomeStatement1.10M10.90M2.20M14.50M
ResearchAndDevelopment175.10M201.90M165.70M142.60M
SellingGeneralAndAdministration246.30M246.40M214.30M183.00M
GeneralAndAdministrativeExpense246.30M246.40M214.30M183.00M
OtherGandA246.30M246.40M214.30M183.00M
GrossProfit-121.60M77.40M242.90M208.10M
CostOfRevenue879.20M729.80M515.60M364.00M
TotalRevenue757.60M807.20M758.50M572.10M
OperatingRevenue757.60M807.20M758.50M572.10M
Line Item2025-06-302024-06-302023-06-302022-06-30
OrdinarySharesNumber155.64M126.41M124.79M123.80M
ShareIssued155.64M126.41M124.79M123.80M
NetDebt6.07B5.12B2.42B572.10M
TotalDebt6.55B6.17B4.18B1.03B
TangibleBookValue-470.90M499.00M1.24B1.95B
InvestedCapital6.09B7.04B5.80B3.46B
WorkingCapital-4.55B2.33B2.98B1.37B
NetTangibleAssets-470.90M499.00M1.24B1.95B
CapitalLeaseObligations8.90M9.40M9.70M10.10M
CommonStockEquity-447.10M882.10M1.62B2.44B
TotalCapitalization-447.10M7.04B5.80B3.46B
TotalEquityGrossMinorityInterest-447.10M882.10M1.62B2.44B
MinorityInterest0.00
StockholdersEquity-447.10M882.10M1.62B2.44B
GainsLossesNotAffectingRetainedEarnings-3.80M-11.60M-25.10M-25.30M
OtherEquityAdjustments-3.80M-11.60M-25.10M-25.30M
RetainedEarnings-4.54B-2.93B-2.06B-1.76B
AdditionalPaidInCapital4.09B3.82B3.71B4.23B
CapitalStock200.00K200.00K200.00K200.00K
CommonStock200.00K200.00K200.00K200.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest7.30B7.10B4.96B1.48B
TotalNonCurrentLiabilitiesNetMinorityInterest211.50M6.44B4.34B1.09B
OtherNonCurrentLiabilities202.60M256.40M143.40M55.30M
LiabilitiesHeldforSaleNonCurrent0.005.30M0.00600.00K
NonCurrentDeferredLiabilities500.00K10.80M3.90M3.20M
NonCurrentDeferredTaxesLiabilities500.00K10.80M3.90M3.20M
LongTermDebtAndCapitalLeaseObligation8.40M6.17B4.18B1.03B
LongTermCapitalLeaseObligation8.40M8.90M9.20M9.60M
LongTermDebt6.16B4.18B1.02B823.90M
CurrentLiabilities7.09B665.30M627.90M388.50M
OtherCurrentLiabilities220.50M77.90M44.30M31.70M
CurrentDeferredLiabilities50.00M62.30M39.00M37.00M
CurrentDeferredRevenue50.00M62.30M39.00M37.00M
CurrentDebtAndCapitalLeaseObligation6.54B500.00K500.00K500.00K
CurrentCapitalLeaseObligation500.00K500.00K500.00K500.00K
CurrentDebt6.54B
OtherCurrentBorrowings6.54B
PayablesAndAccruedExpenses281.00M524.60M544.10M319.30M
CurrentAccruedExpenses249.60M470.60M489.60M249.90M
Payables31.40M54.00M54.50M69.40M
TotalTaxPayable800.00K1.00M9.60M11.60M
IncomeTaxPayable800.00K1.00M9.60M11.60M
AccountsPayable30.60M53.00M44.90M57.80M
TotalAssets6.85B7.98B6.59B3.92B
TotalNonCurrentAssets4.31B4.99B2.98B2.16B
OtherNonCurrentAssets263.80M225.10M153.70M83.70M
NonCurrentDeferredAssets1.10M1.10M1.20M1.00M
NonCurrentDeferredTaxesAssets1.10M1.10M1.20M1.00M
NonCurrentAccountsReceivable107.00M644.10M170.00M104.70M
InvestmentsAndAdvances0.0079.30M0.000.00
OtherInvestments0.0079.30M0.000.00
GoodwillAndOtherIntangibleAssets23.80M383.10M383.10M484.60M
OtherIntangibleAssets23.80M23.90M23.90M125.40M
Goodwill0.00359.20M359.20M359.20M
NetPPE3.92B3.65B2.26B1.48B
AccumulatedDepreciation-1.28B-1.17B-1.05B-987.70M
GrossPPE5.20B4.83B3.31B2.47B
Leases139.10M148.90M11.60M11.00M
ConstructionInProgress2.27B2.09B873.10M802.30M
OtherProperties8.30M9.10M107.50M10.30M
MachineryFurnitureEquipment1.70B1.58B1.36B1.24B
LandAndImprovements1.08B997.30M966.40M407.40M
Properties0.000.000.000.00
CurrentAssets2.54B3.00B3.61B1.76B
OtherCurrentAssets18.70M2.50M1.60M4.00M
AssetsHeldForSaleCurrent24.40M0.0042.80M1.60M
CurrentDeferredAssets2.50M1.80M
PrepaidAssets105.40M72.60M53.10M32.10M
Inventory451.20M461.20M288.80M230.90M
OtherInventories15.80M20.50M3.90M3.90M
FinishedGoods6.30M11.50M14.60M30.90M
WorkInProcess284.60M290.50M179.60M135.90M
RawMaterials144.50M138.70M90.70M60.20M
Receivables885.10M288.70M265.30M295.00M
ReceivablesAdjustmentsAllowances-800.00K-700.00K-700.00K-1.20M
OtherReceivables41.20M124.50M97.10M140.10M
TaxesReceivable662.50M8.70M5.60M1.50M
AccruedInterestReceivable5.40M11.60M10.10M5.90M
AccountsReceivable176.80M144.60M153.20M148.70M
CashCashEquivalentsAndShortTermInvestments1.06B2.17B2.95B1.20B
OtherShortTermInvestments590.20M1.13B1.20B749.30M
CashAndCashEquivalents467.20M1.05B1.76B449.50M
Line Item2025-06-302024-06-302023-06-302022-06-30
FreeCashFlow-1.99B-3.01B-1.10B-795.80M
RepaymentOfDebt-500.00K-400.00K-500.00K-20.50M
IssuanceOfDebt240.00M2.00B2.95B770.00M
IssuanceOfCapitalStock203.90M23.40M23.80M22.40M
CapitalExpenditure-1.28B-2.28B-954.50M-641.60M
InterestPaidSupplementalData130.30M213.50M28.70M3.20M
IncomeTaxPaidSupplementalData800.00K9.80M2.90M11.00M
EndCashPosition467.20M1.05B1.76B449.50M
BeginningCashPosition1.05B1.76B449.50M379.00M
EffectOfExchangeRateChanges1.00M-200.00K0.00-200.00K
ChangesInCash-579.70M-710.90M1.31B70.70M
FinancingCashFlow400.10M1.96B2.60B615.90M
CashFlowFromContinuingFinancingActivities400.10M1.96B2.60B615.90M
NetOtherFinancingCharges-43.30M-65.00M-376.20M-156.00M
NetCommonStockIssuance203.90M23.40M23.80M22.40M
CommonStockIssuance203.90M23.40M23.80M22.40M
NetIssuancePaymentsOfDebt239.50M2.00B2.95B749.50M
NetLongTermDebtIssuance239.50M2.00B2.95B749.50M
LongTermDebtPayments-500.00K-400.00K-500.00K-20.50M
LongTermDebtIssuance240.00M2.00B2.95B770.00M
InvestingCashFlow-268.10M-1.94B-1.15B-391.00M
CashFromDiscontinuedInvestingActivities0.00-3.10M-7.80M-9.00M
CashFlowFromContinuingInvestingActivities-268.10M-1.94B-1.14B-382.00M
NetOtherInvestingChanges240.40M178.50M155.50M139.00M
NetInvestmentPurchaseAndSale682.30M85.20M-443.70M-7.50M
SaleOfInvestment1.07B1.69B747.30M467.50M
PurchaseOfInvestment-390.90M-1.60B-1.19B-475.00M
NetBusinessPurchaseAndSale0.0075.60M101.80M125.00M
SaleOfBusiness0.0075.60M101.80M125.00M
NetIntangiblesPurchaseAndSale-5.30M-5.90M-4.90M-4.80M
PurchaseOfIntangibles-5.30M-5.90M-4.90M-4.80M
NetPPEPurchaseAndSale-1.19B-2.27B-947.90M-633.70M
SaleOfPPE85.90M400.00K1.70M3.10M
PurchaseOfPPE-1.27B-2.27B-949.60M-636.80M
OperatingCashFlow-711.70M-725.60M-142.60M-154.20M
CashFromDiscontinuedOperatingActivities0.00-54.30M-40.40M-29.40M
CashFlowFromContinuingOperatingActivities-711.70M-671.30M-102.20M-124.80M
ChangeInWorkingCapital-88.40M-347.40M-67.10M-92.30M
ChangeInOtherWorkingCapital26.00M2.60M-2.80M
ChangeInPayablesAndAccruedExpense-11.20M-77.80M51.40M22.30M
ChangeInAccruedExpense37.50M-32.00M24.40M-8.00M
ChangeInPayable-48.70M-45.80M27.00M30.30M
ChangeInAccountPayable-48.70M-45.80M27.00M30.30M
ChangeInPrepaidAssets-47.10M-124.70M-20.80M-1.10M
ChangeInInventory1.30M-152.30M-93.10M-59.20M
ChangeInReceivables-31.40M7.40M-4.60M-54.30M
ChangesInAccountReceivables-31.40M7.40M-4.60M-54.30M
OtherNonCashItems186.80M28.40M7.50M20.10M
StockBasedCompensation73.30M84.90M72.70M53.70M
AssetImpairmentCharge364.00M0.000.00
AmortizationOfSecurities-9.10M-27.50M-4.70M6.10M
DeferredTax-10.30M200.00K500.00K700.00K
DeferredIncomeTax-10.30M200.00K500.00K700.00K
DepreciationAmortizationDepletion252.10M181.00M145.60M111.50M
DepreciationAndAmortization252.10M181.00M145.60M111.50M
AmortizationCashFlow5.50M5.90M20.40M
AmortizationOfIntangibles5.50M5.90M20.40M
Depreciation175.50M139.70M100.50M
OperatingGainsLosses129.10M-17.30M3.80M25.50M
EarningsLossesFromEquityInvestments-22.60M-18.50M0.000.00
GainLossOnInvestmentSecurities-20.00M-300.00K-400.00K
NetForeignCurrencyExchangeGainLoss0.000.00-2.20M
GainLossOnSaleOfPPE171.70M1.20M3.80M1.00M
NetIncomeFromContinuingOperations-1.61B-573.60M-260.50M-250.10M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for WOLF
Date User Asset Broker Type Position Size Entry Price Patterns