Wolfspeed

Wolfspeed, Inc. is an innovator of Wolfspeed power and radio frequency (RF) semiconductors. Its Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Wolfspeed reports revenue growth and record design-ins, faces ramping challenges

Wolfspeed's Q3 performance showed revenue growth and record design-ins, but challenges with ramping materials capacity impacted cash burn. Despite this, the company's strengths lie in its strategic vision, strong design-in conversion rate, and confidence in power device growth. Opportunities exist in expanding the silicon carbide market and reaching 20% fab utilization by 2024.

Wolfspeed faces supply chain challenges but sees growth in silicon carbide

Wolfspeed faces challenges with supply chain issues impacting revenue, but strong demand for silicon carbide presents growth opportunities. The company's focus on new facilities and cautious approach to ramp-ups position it for future success.

Wolfspeed reports robust Q3 earnings, eyes growth amid funding challenges

Wolfspeed's Q3 performance reflects strong revenue growth and record design-ins, but challenges in gross margin and cash flow management persist.
Despite these challenges, the company's solid liquidity position, revenue targets for 2024, and focus on capacity expansion present growth opportunities.
Navigating funding needs, operational expenses, and ramping delays will be key focus areas for Wolfspeed to achieve its growth targets and maintain customer loyalty.

Wolfspeed secures $5B for expansion, targets $1B revenue in 2024

Wolfspeed's strong financial position, strategic customer agreements, and focus on silicon carbide technology position them for future growth. Despite challenges in yield and start-up costs, they are making progress in expanding capacity and improving margins. The company's emphasis on R&D and operational efficiency bodes well for their long-term success.

Wolfspeed excels in Q1, anticipates supply-demand mismatch opportunities

Wolfspeed's Q1 2024 performance exceeded expectations, showcasing operational excellence and market demand.
Despite challenges in certain sectors, the company remains confident in its long-term strategy and market position.
Strong focus on capacity expansion, raw materials investment, and optimizing balance sheet to drive growth.
Anticipated supply-demand mismatch presents opportunities for revenue growth and market leadership in silicon carbide.

Wolfspeed reports robust Q2 earnings, eyes EV market growth

Wolfspeed's Q2 performance reflects strong revenue growth and operational improvements, supported by a solid financial position.
While facing challenges with underutilization costs and gross margin expectations, the company is well-positioned to capitalize on long-term demand for silicon carbide devices.
Exciting opportunities in the EV industry and a favorable market environment for materials underscore Wolfspeed's growth potential.
Operational efficiency gains and strategic customer agreements position Wolfspeed for continued success in the semiconductor market.

Wolfspeed reports robust Q3 revenue and design wins, eyes positive EBITDA

Wolfspeed's Q3 showcased strong revenue growth and design wins, but challenges in margins and design wins persist. The company's focus on silicon carbide technology and operational improvements drives confidence. Opportunities lie in positive EBITDA outlook and ramping key projects.

Wolfspeed reports $201M revenue in Q4, focuses on cost optimization

Wolfspeed's Q4 performance reflects strong revenue growth and operational improvements, despite challenges in gross margins. With a focus on cost reduction and profitability enhancement, the company aims to achieve positive EBITDA and operating cash flow by early fiscal 2026.

Wolfspeed restructures for growth, targets $3B revenue, and EV market

Wolfspeed is strategically positioning itself for growth by focusing on operational efficiency, revenue diversification, and cost-saving initiatives. While facing short-term challenges from restructuring efforts, the company aims to capitalize on EV market growth and streamline its operations for profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide and gallium nitride (GaN) materials and devices for power and radio-frequency (RF) applications. Its product families include silicon carbide and GaN materials, power devices and RF devices, and its products are targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

LOS ANGELES, CA / ACCESSWIRE / December 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company 's securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before January 17, 2025.

Investors With Losses Are Invited To Lead The Schall Law Firm In A Securities Fraud Case Against Wolfspeed, Inc.

NEW YORK, NY / ACCESSWIRE / December 6, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=115256&wire=1 or contact Joseph E. Levi, Esq.

Investors in Wolfspeed, Inc. Should Contact Levi & Korsinsky Before January 17, 2025 to Discuss Your Rights – WOLF

RADNOR, PA / ACCESSWIRE / December 6, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Wolfspeed, Inc. ("Wolfspeed") (NYSE:WOLF) on behalf of those who purchased or otherwise acquired Wolfspeed securities between August 16, 2023, and November 6, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is January 17, 2025.

WOLF Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Wolfspeed, Inc. (WOLF) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed

NEW YORK, NY / ACCESSWIRE / December 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

WOLF ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Wolfspeed, Inc. Shareholders Who Lost Money

NEW YORK, NY / ACCESSWIRE / December 5, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=115098&wire=1 or contact Joseph E. Levi, Esq.

Investors who Lost Money on Wolfspeed, Inc. (WOLF) Should Contact Levi & Korsinsky about Pending Class Action - WOLF

NEW YORK, NY / ACCESSWIRE / December 5, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=115069&wire=1 or contact Joseph E. Levi, Esq.

Lost Money on Wolfspeed, Inc.(WOLF)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky

LOS ANGELES, CA / ACCESSWIRE / December 5, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before January 17, 2025.

Wolfspeed Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Public Participation

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Wolfspeed To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Wolfspeed between August 16, 2023 and November 6, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). [You may also click here for additional information] NEW YORK , Dec. 5, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Wolfspeed, Inc. ("Wolfspeed" or the "Company") (NYSE: WOLF) and reminds investors of the January 17, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Wolfspeed

NEW YORK, NY / ACCESSWIRE / December 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

ATTENTION WOLF SHAREHOLDERS: Investors who lost money on Wolfspeed, Inc. are urged to contact Levi & Korsinsky about an ongoing investigation

NEW YORK , Dec. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. (NYSE: WOLF). Shareholders who purchased shares of WOLF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of January 17, 2025 in Wolfspeed, Inc. Lawsuit - WOLF

NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. (NYSE: WOLF).

Shareholders that lost money on Wolfspeed, Inc.(WOLF) Urged to Join Class Action – Contact The Gross Law Firm to Learn More

RADNOR, Pa., Dec. 04, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of New York against Wolfspeed, Inc. (“Wolfspeed”) (NYSE: WOLF) on behalf of those who purchased or otherwise acquired Wolfspeed securities between August 16, 2023, and November 6, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is January 17, 2025.

Kessler Topaz Meltzer & Check, LLP Reminds Wolfspeed, Inc. Investors of Important Deadline in Securities Fraud Class Action Lawsuit

NEW YORK, NY / ACCESSWIRE / December 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

Levi & Korsinsky Announces an Investigation on Behalf of Wolfspeed, Inc. (WOLF) Shareholders Who May Have Been Affected by Fraud

SAN DIEGO, Dec. 04, 2024 (GLOBE NEWSWIRE) --   Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Wolfspeed, Inc. (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), have until Friday, January 17, 2025 to seek appointment as lead plaintiff of the Wolfspeed class action lawsuit. Captioned Zagami v. Wolfspeed, Inc., No. 24-cv-01395 (N.D.N.Y.), the Wolfspeed class action lawsuit charges Wolfspeed and certain of Wolfspeed's top executives with violations of the Securities Exchange Act of 1934.

WOLF INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Wolfspeed, Inc. (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024. Wolfspeed is a global semiconductor company focused on silicon carbide materials and the fabrication of devices for power applications.

Robbins LLP Urges WOLF Stockholders with Large Losses to Contact the Firm for Information About the Wolfspeed, Inc. Class Action Lawsuit

SAN DIEGO, CA / ACCESSWIRE / December 2, 2024 / The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Wolfspeed, Inc. (NYSE:WOLF) securities between August 16, 2023 and November 6, 2024, both dates inclusive (the "Class Period"), have until Friday, January 17, 2025 to seek appointment as lead plaintiff of the Wolfspeed class action lawsuit. Captioned Zagami v.

WOLF INVESTOR ALERT: Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Wolfspeed, Inc. (NYSE: WOLF) between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the important January 17, 2025 lead plaintiff deadline.

TOP RANKED ROSEN LAW FIRM Encourages Wolfspeed, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – WOLF

LOS ANGELES, CA / ACCESSWIRE / December 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before January 17, 2025.

Wolfspeed Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Affected Shareholders To Contribute

Block & Leviton announces that a securities fraud lawsuit has been filed against Wolfspeed, Inc. (NYSE:WOLF) and certain of its executives. Investors who have lost money in their Wolfspeed, Inc. investment should contact the firm to learn more about how they might recover those losses.

WOLFSPEED INVESTOR DEADLINE: Securities Fraud Lawsuit Could Allow Investors to Recover Losses; Block & Leviton Encourages Shareholders to Contact The Firm

NEW YORK, NY / ACCESSWIRE / December 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

Levi & Korsinsky Investigates Possible Securities Fraud Violations by Wolfspeed, Inc. (WOLF)

One of the most controversial industries right now is electric vehicles, with the industry's long-term growth opportunities running into a severe near-term slowdown. And within the EV supply chain, silicon carbide (SiC) manufacturer Wolfspeed (WOLF 15.87%) has emerged as perhaps the most controversial company.

Is Wolfspeed a Buy?

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced that Neill Reynolds, CFO, will be participating in a fireside chat at the UBS Global Technology and AI Conference at 4:15pm ET on December 3, 2024. A live webcast of the presentation will be available on the Investor Relations section of Wolfspeed's website. To access the webcast, please visit https://investor.wolfspeed.com/events-and-presentations/. About Wolfspeed, Inc.

Wolfspeed To Participate in Upcoming Investor Conference

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before January 17, 2025.

Wolfspeed Inc. Is Being Sued For Violating Securities Laws And The Schall Law Firm Urges Shareholder Participation

Wolfpseed (WOLF 12.73%) stock is making big gains again in Monday's trading. The chip specialist's share price was up 14.4% as of 1:30 p.m.

News for Wolfspeed Stock (WOLF)