Wolfspeed, Inc.

WOLF

US9778521024

Semiconductors

Market Closed - Nyse Other stock markets 04:00:02 2023-12-08 pm EST			5-day change	1st Jan Change
39.68 ^USD	-0.53%		0.00%	-42.53%

Dec. 02	MACOM Technology Solutions Holdings, Inc. completed the acquisition of The Radio Frequency Business from Wolfspeed, Inc..	CI
Nov. 29	Transcript : Wolfspeed, Inc. Presents at 2023 UBS Global Technology Conference, Nov-29-2023 04:15 PM	CI

Wolfspeed, Inc. Provides Earnings Guidance for the First Quarter Ending September 24, 2023

August 16, 2023 at 04:05 pm EDT

Wolfspeed, Inc. provided earnings guidance for the first quarter ending September 24, 2023. For the quarter, the company expected revenue in a range of $220 million to $240 million. GAAP net loss is targeted at $145 million to $169 million, or $1.16 to $1.35 per diluted share.

Latest news about Wolfspeed, Inc.

MACOM Technology Solutions Holdings, Inc. completed the acquisition of The Radio Frequency Business from Wolfspeed, Inc..	Dec. 01	CI
Transcript : Wolfspeed, Inc. Presents at 2023 UBS Global Technology Conference, Nov-29-2023 04:15 PM	Nov. 29	CI
Transcript : Wolfspeed, Inc. Presents at Wells Fargo 7th Annual TMT Summit 2023, Nov-28-2023 03:00 PM	Nov. 28	CI
Deutsche Bank Adjusts Wolfspeed Price Target to $40 From $48, Maintains Hold Rating	Nov. 01	MT
Roth MKM Adjusts Price Target on Wolfspeed to $50 From $65, Maintains Buy Rating	Oct. 31	MT
Jefferies Adjusts Price Target on Wolfspeed to $35 From $46, Maintains Hold Rating	Oct. 31	MT
Canaccord Genuity Adjusts Price Target on Wolfspeed to $50 From $63, Maintains Buy Rating	Oct. 31	MT
New Street Lowers Price Target on Wolfspeed to $60 From $65, Maintains Buy Rating	Oct. 31	MT
Citigroup Adjusts Price Target on Wolfspeed to $35 From $48, Maintains Neutral Rating	Oct. 31	MT
JPMorgan Adjusts Price Target on Wolfspeed to $50 From $60, Maintains Neutral Rating	Oct. 31	MT
Traders Eye Fed Meeting for Fresh Cues as US Equity Futures Edge Higher Pre-Bell	Oct. 31	MT
Morgan Stanley Cuts Price Target on Wolfspeed to $34 From $42, Keeps Equalweight Rating	Oct. 31	MT
Wolfspeed jumps on upbeat quarterly forecast	Oct. 30	RE
Wolfspeed Fiscal Q1 Loss Widens While Revenue Increases; Sets Fiscal Q2 Outlook	Oct. 30	MT
Wolfspeed, Inc. Reports Earnings Results for the First Quarter Ended September 24, 2023	Oct. 30	CI
Wolfspeed Guides For Q2 Loss of $0.56-$0.70 on Revenue of $192-$222 million, vs CIQ Analyst Consensus of $0.69/Share Loss on Revenue of $207 Million	Oct. 30	MT
Transcript : Wolfspeed, Inc., Q1 2024 Earnings Call, Oct 30, 2023	Oct. 30	CI
Earnings Flash (WOLF) WOLFSPEED Posts Q1 Revenue $197.4M, vs. Street Est of $197.8M	Oct. 30	MT
Wolfspeed, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024	Oct. 30	CI
Wolfspeed, Inc. Announces Board Changes	Oct. 24	CI
Susquehanna Adjusts Wolfspeed Price Target to $35 From $50, Maintains Neutral Rating	Oct. 24	MT
Goldman Sachs Lowers Wolfspeed's Price Target to $57 From $66, Keeps Buy Rating	Oct. 23	MT
Wells Fargo Adjusts Price Target on Wolfspeed to $50 From $60, Keeps Overweight Rating	Oct. 20	MT
Piper Sandler Adjusts Wolfspeed Price Target to $55 From $75, Maintains Overweight Rating	Oct. 12	MT
Deutsche Bank Lowers Wolfspeed Price Target to $48 From $60, Maintains Hold Rating	Sep. 22	MT

Chart Wolfspeed, Inc.

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Company Profile

Wolfspeed, Inc. is a semiconductor company focused on silicon carbide technologies. The Company provides solutions for efficient energy consumption and a sustainable future. Its product families include silicon carbide material and power devices targeted for various applications such as electric vehicles, fast charging, and renewable energy and storage. Its products include Discrete MOSFETs, Discrete Schottky Diodes, Bare Die MOSFETs, Bare Die Schottky Diodes, Power Modules, Gate Driver Boards, Evaluation Kits, Reference Designs and Materials Products. The Companyâs silicon carbide fabrication facility is located in Marcy, New York.

Sector

Semiconductors

Calendar

2024-01-23 - Q2 2024 Earnings Release (Projected)

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Ratings for Wolfspeed, Inc.

Trading Rating :

Investor Rating :

ESG Refinitiv :

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

39.68USD

Average target price

44.47USD

Spread / Average Target

+12.06%

Consensus

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Other Semiconductors

Wolfspeed, Inc.

Equities

WOLF

US9778521024

Semiconductors

Wolfspeed, Inc. Provides Earnings Guidance for the First Quarter Ending September 24, 2023

EPS Revisions