WOLFSPEED INC (WOLF)
Information Technology · Wide-bandgap semiconductors · NYSE
Wolfspeed is a pioneer in silicon carbide materials and power devices that drive the transition to high-efficiency energy systems, particularly in the automotive and industrial sectors.
What WOLFSPEED INC does
Wolfspeed is a semiconductor company specializing in silicon carbide (SiC) and gallium nitride (GaN) wide-bandgap technologies for power conversion and RF applications. The company designs and manufactures devices used in defense, aerospace, industrial, and telecommunications markets. Following a Chapter 11 bankruptcy emergence in late 2025, Wolfspeed operates with restructured operations focusing on its core semiconductor product portfolio.
Themes: Wide-bandgap semiconductors (SiC/GaN), Power semiconductors, RF semiconductors / wireless, Defense / aerospace electronics, Industrial power conversion
Fundamentals
- Price$25.76 as of 2026-08-21 close
- Market cap$1.4B as of 2026-08-21
- 1-year returnn/a our price history for this company shows an unadjusted split or scale break
- P/En/a negative earnings
- Net margin-72.9% as of 2026-08-24
- Gross margin-16.2% as of 2026-08-24
- ROE+96.2% as of 2026-08-24
- Debt / equity1.69 as of 2026-08-24
- Revenue growth (YoY)-6.4% as of 2026-08-24
- Revenue CAGR (3y)+9.8% SEC XBRL
- Beta6.20 as of 2026-08-24
- Last reported earnings2026-08-19 SEC EDGAR Form 8-K (Item 2.02)
How WOLF compares in its sector
- net profit marginbottom 25% 405 covered Information Technology peers, as of 2026-08-24
- operating marginbottom 25% 405 covered Information Technology peers, as of 2026-08-24
- gross marginbottom 10% 403 covered Information Technology peers, as of 2026-08-24
- return on equitytop 10% 405 covered Information Technology peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 386 covered Information Technology peers
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 382 covered Information Technology peers, as of FY2025
Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Analyst consensus
- Mean price target$30.00 range $30.00 – $30.00
Analyst estimates, as of 2026-08-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for WOLF
- Consensus EPS estimate-$1.47 next reporting period, as of 2026-08-18
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Significant ongoing losses and negative gross margins indicate operational stress; company reported operating loss of $272.7M in nine months ended March 2026 despite restructuring efforts post-bankruptcy emergence.","Restructuring execution risk and integration challenges following Chapter 11 bankruptcy emergence in late 2025; substantial debt burden with long-term debt of $922M+ and convertible notes of $798M as of March 2026.","Revenue decline and gross margin pressure; revenue declined 6.41% YoY and company is operating at -73% net margin, indicating difficulty scaling manufacturing and recovering from prior operational disruptions."]
What changed in the latest 10-Q
AI-assisted comparison of WOLF's 10-Q filed 2026-05-07 against the prior one filed 2026-02-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-07) adds 'T able of Contents' page break reference that appears in older filing but is positioned differently in document structure
- Removed:
- Older filing (2026-02-06) contains 'T able of Contents' notation on line before 'References to "Successor"' which is removed in newer filing
- Reworded:
- Newer filing (2026-05-07) changes 'AI and datacenters' to 'AI data centers' (splitting 'and datacenters' into separate 'data centers' term)
- Newer filing (2026-05-07) text is truncated mid-sentence at 'In add' whereas older filing (2026-02-06) is truncated at 'differentiate our produc' - both appear incomplete but differ in cutoff point
- Notes:
- Both documents appear truncated/incomplete at the end of the provided text, limiting full comparison
- The 'T able of Contents' notation appears to be a formatting artifact rather than substantive content change
Risk Factors
- Added:
- Newer filing (2026-05-07) includes consolidated financial statements as of March 29, 2026 in place of December 28, 2025
- Newer filing includes three months ended March 29, 2026 operations data
- Newer filing includes nine months ended March 29, 2026 operations data
- Newer filing shows period from September 30, 2025 to March 29, 2026 for operations statements
- Newer filing balance sheet shows Cash and cash equivalents of $695.1 million as of March 29, 2026
- Newer filing balance sheet shows Short-term investments of $469.7 million as of March 29, 2026
- Newer filing balance sheet shows Total assets of $3,147.3 million as of March 29, 2026
- Newer filing balance sheet shows Convertible notes, net of $798.3 million
- Newer filing balance sheet shows Common stock shares of 48,338 thousand issued and outstanding
- Newer filing shows three months ended March 29, 2026 revenue of $150.2 million
- Newer filing shows nine months ended March 29, 2026 revenue of $318.7 million
- Removed:
- Older filing (2026-02-06) consolidated balance sheet as of December 28, 2025 removed
- Older filing shows three months ended December 28, 2025 removed
- Older filing shows six months ended December 28, 2025 removed
- Older filing shows comparison to December 29, 2024 removed
- Older filing balance sheet shows Cash and cash equivalents of $1,028.8 million as of December 28, 2025 removed
- Older filing balance sheet shows Short-term investments of $263.5 million as of December 28, 2025 removed
- Older filing balance sheet shows Total assets of $3,445.1 million as of December 28, 2025 removed
- Older filing balance sheet shows Convertible notes, net of $533.5 million removed
- Older filing balance sheet shows Forward equity contract of $302.5 million removed
- Older filing balance sheet shows Long-term warrant of $34.2 million removed
- Older filing balance sheet shows Common stock shares of 27,365 thousand issued and outstanding removed
- Reworded:
- Balance sheet comparison period changed from 'December 28, 2025' to 'March 29, 2026' as current period
- Operations statement period descriptions changed from three and six months ended December 29, 2024 to three and nine months ended March 30, 2025
- Long-term debt increased from $1,430.2 million (December 28, 2025) to $922.2 million (March 29, 2026)
- Accumulated deficit changed from $(150.6) million to $(270.5) million
- Total stockholders' equity changed from $627.4 million to $1,021.7 million
- Additional paid-in-capital changed from $777.6 million to $1,292.3 million
- Accumulated other comprehensive income changed from $0.4 million to $(0.2) million
- Notes:
- The two filings represent different fiscal periods (Q3 2026 ending March 29, 2026 versus Q2 2026 ending December 28, 2025) and are not directly comparable quarters
- Text provided appears to be table of contents and financial statements rather than the Risk Factors section itself; the actual Risk Factors section content could not be assessed for changes
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for WOLF — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding WOLF as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 4,224,846
- Reported value $68,949,483
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
WOLF had 23,675,830 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
WOLF had 44.7% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 5.54 days to cover at the same settlement.
- Reported short interest (shares) 23,675,830
- Short interest (% of shares outstanding) 44.7%
- Prior settlement (shares) 24,498,726
- Reported change -3.36%
- Days to cover (reported) 5.54
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Infineon Technologies (IFNNY)
- STMicroelectronics (STM)
- ON Semiconductor (ON)
- ROHM Semiconductor (ROHZY)
- Mitsubishi Electric (MIELY)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does WOLFSPEED INC (WOLF) do?
Wolfspeed is a semiconductor company specializing in silicon carbide (SiC) and gallium nitride (GaN) wide-bandgap technologies for power conversion and RF applications. The company designs and manufactures devices used in defense, aerospace, industrial, and telecommunications markets. Following a Chapter 11 bankruptcy emergence in late 2025, Wolfspeed operates with restructured operations focusing on its core semiconductor product portfolio.
What sector is WOLFSPEED INC (WOLF) in?
WOLFSPEED INC (WOLF) is classified in the Information Technology sector. Its industry is Wide-bandgap semiconductors. It trades on NYSE.
Who are WOLFSPEED INC's (WOLF) competitors?
Notable peers of WOLFSPEED INC (WOLF) include Infineon Technologies, STMicroelectronics, ON Semiconductor, ROHM Semiconductor and Mitsubishi Electric. This peer set is informational only — not financial advice.
Where does stocks-llm's data on WOLF come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.