Goldman reiterated coverage of Wolfspeed with a rating of Buy and set a new price target of $28.00 from $48.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/9/2025 | Neutral → Underweight | Analyst | |
| 10/3/2024 | $17.00 → $8.00 | Neutral → Underperform | Mizuho |
| 8/22/2024 | $48.00 → $28.00 | Buy | Goldman |
| 8/22/2024 | $25.00 → $15.00 | Hold | TD Cowen |
| 8/7/2024 | $18.00 | Buy → Neutral | New Street |
| 5/2/2024 | $40.00 → $25.00 | Buy → Hold | TD Cowen |
| 5/2/2024 | Outperform → Mkt Perform | William Blair | |
| 4/5/2024 | $30.00 | Neutral | Mizuho |
Analyst downgraded Wolfspeed from Neutral to Underweight
Mizuho downgraded Wolfspeed from Neutral to Underperform and set a new price target of $8.00 from $17.00 previously
Goldman reiterated coverage of Wolfspeed with a rating of Buy and set a new price target of $28.00 from $48.00 previously
Former onsemi leader brings a wealth of experience in the rapidly expanding electric vehicle market Appointment marks another milestone in Wolfspeed's leadership transformation and expansion in key markets Wolfspeed, Inc. (NYSE:WOLF) today announced the appointment of Bret Zahn as Vice President and General Manager of their Automotive business as the company continues to enhance its leadership team amid its strategic expansion in high-growth markets. This appointment reflects Wolfspeed's continued commitment to enabling the next generation of electric vehicles (EVs) through cutting-edge silicon carbide (SiC) solutions. Zahn will report to Chief Business Officer Cengiz Balkas, and will b
Renesas Electronics Corporation (TSE: 6723, "Renesas"), a premier supplier of advanced semiconductor solutions, today announced the finalized amount of the loss, previously disclosed as an estimate in the announcement titled "Renesas Announces Expected Loss Resulting from Signing Restructuring Support Agreement with Wolfspeed" on June 23, 2025. 1. Recording of Loss Renesas previously announced that there was a possibility of recording a loss of approximately 250 billion yen (converted at an average exchange rate of 150 yen to the dollar during the period) on the deposited receivables related to a deposit provided to Wolfspeed, Inc. (NYSE:WOLF, "Wolfspeed")) in its consolidated financial
Former NXP Semiconductors and ams-OSRAM Leader Has Over 20 Years of Experience Navigating Dynamic Business Cycles Appointment Bolsters Wolfspeed's Leadership as It Drives Toward Profitability and Expands in High-Growth Markets Wolfspeed, Inc. (NYSE:WOLF) ("Wolfspeed" or the "Company") today announced the appointment of Gregor van Issum as Chief Financial Officer (CFO), effective September 1, 2025, following a comprehensive review of internal and external candidates. Van Issum succeeds Kevin Speirits, who is serving as Interim Chief Financial Officer and will remain with Wolfspeed to support the Company and ensure a smooth transition. He will be relocating to North Carolina and be based
4 - WOLFSPEED, INC. (0000895419) (Issuer)
3 - WOLFSPEED, INC. (0000895419) (Issuer)
3 - WOLFSPEED, INC. (0000895419) (Issuer)
4 - WOLFSPEED, INC. (0000895419) (Issuer)
4 - WOLFSPEED, INC. (0000895419) (Issuer)
4 - WOLFSPEED, INC. (0000895419) (Issuer)
SCHEDULE 13G/A - WOLFSPEED, INC. (0000895419) (Subject)
8-K - WOLFSPEED, INC. (0000895419) (Filer)
8-K - WOLFSPEED, INC. (0000895419) (Filer)
SC 13G/A - WOLFSPEED, INC. (0000895419) (Subject)
SC 13G/A - WOLFSPEED, INC. (0000895419) (Subject)
SC 13G - WOLFSPEED, INC. (0000895419) (Subject)
Former onsemi leader brings a wealth of experience in the rapidly expanding electric vehicle market Appointment marks another milestone in Wolfspeed's leadership transformation and expansion in key markets Wolfspeed, Inc. (NYSE:WOLF) today announced the appointment of Bret Zahn as Vice President and General Manager of their Automotive business as the company continues to enhance its leadership team amid its strategic expansion in high-growth markets. This appointment reflects Wolfspeed's continued commitment to enabling the next generation of electric vehicles (EVs) through cutting-edge silicon carbide (SiC) solutions. Zahn will report to Chief Business Officer Cengiz Balkas, and will b
Former NXP Semiconductors and ams-OSRAM Leader Has Over 20 Years of Experience Navigating Dynamic Business Cycles Appointment Bolsters Wolfspeed's Leadership as It Drives Toward Profitability and Expands in High-Growth Markets Wolfspeed, Inc. (NYSE:WOLF) ("Wolfspeed" or the "Company") today announced the appointment of Gregor van Issum as Chief Financial Officer (CFO), effective September 1, 2025, following a comprehensive review of internal and external candidates. Van Issum succeeds Kevin Speirits, who is serving as Interim Chief Financial Officer and will remain with Wolfspeed to support the Company and ensure a smooth transition. He will be relocating to North Carolina and be based
NEW YORK, June 25, 2025 /PRNewswire/ -- Ralliant Corp. (NYSE:RAL) will replace Wolfspeed Corp. (NYSE:WOLF) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 1. S&P 500 constituent Fortive Corp. (NYSE:FTV) is spinning off Ralliant in a transaction expected to be completed on June 30. Fortive will remain in the S&P 500 post spin-off. Wolfspeed announced its intention to file for bankruptcy on or before July 1 and is therefore no longer eligible for continued inclusion in the S&P SmallCap 600. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker
Renesas Electronics Corporation (TSE: 6723, "Renesas"), a premier supplier of advanced semiconductor solutions, today announced the finalized amount of the loss, previously disclosed as an estimate in the announcement titled "Renesas Announces Expected Loss Resulting from Signing Restructuring Support Agreement with Wolfspeed" on June 23, 2025. 1. Recording of Loss Renesas previously announced that there was a possibility of recording a loss of approximately 250 billion yen (converted at an average exchange rate of 150 yen to the dollar during the period) on the deposited receivables related to a deposit provided to Wolfspeed, Inc. (NYSE:WOLF, "Wolfspeed")) in its consolidated financial
Wolfspeed, Inc. (NYSE:WOLF) today announced its results for the third quarter of fiscal 2025. Quarterly Financial Highlights (Continuing operations only. All comparisons are to the third quarter of fiscal 2024.) Consolidated revenue of $185 million, as compared to $201 million Mohawk Valley Fab contributed $78 million in revenue, as compared to $28 million GAAP gross margin of (12)%, compared to 11% Non-GAAP gross margin of 2%, compared to 15% GAAP and non-GAAP gross margin includes the impacts of underutilization costs primarily in connection with the start of production at the Mohawk Valley Fab. Underutilization was $26.3 million as compared to $30.4 million. GAAP loss pe
Wolfspeed, Inc. (NYSE:WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its third quarter results on Thursday, May 8, 2025, at 5:00 pm Eastern Standard Time. The call will be hosted by Thomas Werner, chairman of the board, Robert Feurle, chief executive officer, and Neill Reynolds, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com. About Wolfspeed, Inc. Wolfspeed (NYSE:WOLF) leads the market in the worldwide adoption of silicon carbide technologies that power the world's most d