Wolfspeed, Inc.

Wolfspeed, Inc.

WOLFยทNYSE

$61.67

+0.0081%
TechnologySemiconductors

Wolfspeed, Inc. provides silicon carbide and gallium nitride (GaN) materials, power devices, and radio frequency (RF) devices based on wide bandgap semiconductor materials and silicon. The company's silicon carbide and GaN materials comprise silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. It offers silicon carbide materials for customers to manufacture products for RF, power, and other applications. The company's power devices include silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for customers and distributors to use in applications, such as electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. Its RF devices comprise GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company's products are also used in transportation, fast charging, wireless systems, 5G, motor drives, renewable energy and storage, and aerospace and defense applications; and materials products and RF devices are used in military communications, radar, satellite, and telecommunication applications. It serves customers in North America, Asia, and Europe. 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.

At a Glance

Live Snapshot
Market Cap$2.98B
EPS-34.1700
P/E Ratio-1.80
Earnings Date08/19/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -1.8).

Valuation inputs: P/E -1.8, earnings yield N/A, momentum +0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +3.6%, ROIC -21.0%).

Profitability stack: net margin -2.1%, ROE +3.6%, ROIC -21.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +106.5%, momentum +0.0%, net margin -2.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Wolfspeed, Inc. Market vs Earnings Trajectory

WOLF ยท NYSE

Loading price and EPS data...

Wolfspeed, Inc.

Wolfspeed, Inc. Fair Value Envelope

WOLF ยท NYSE

Our analysis suggests that WOLF has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $61.675, this represents a potential HIDDEN relative to our calculated worth for Wolfspeed, Inc..

Intrinsic Value
Current Price: $61.675
3Y+330.0%
5Y+582.0%
10Y+6002.0%
3Y-
5Y+32.0%
10Y-30.0%
3Y+388.0%
5Y+701.0%
10Y+2679.0%
3Y+399.0%
5Y+362.0%
10Y-452.0%
3Y+81.0%
5Y+150.0%
10Y-2776.0%
3Y+4.0%
5Y+75.0%
10Y+143.0%
Wolfspeed, Inc.

Wolfspeed, Inc. Profit Bridge

WOLF ยท NYSE
Revenue757.60M
Cost of Goods Sold (879.20M)
Gross Profit-121.60M
Operating Expenses (1.21B)
Operating Income-1.33B
Interest Expense (315.20M)
Other Income/Expense-289.70M
Pretax Income-1.62B
Income Tax (-9.70M)
Net Income-1.61B
Net Income
-1.61B

Profitability Analysis

Gross Margin

-16.1%

Negative gross margin indicates the company is losing money on each saleโ€”unsustainable long-term.

Operating Margin

-175.4%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-212.4%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

-16.05%
Gross Profit Margin
-267%
3Y-150.0%
5Y-144.0%
10Y-144.0%
-175.45%
Operating Profit Margin
218%
3Y+327.0%
5Y+394.0%
10Y+29049.0%
-212.41%
Net Profit Margin
98%
3Y+388.0%
5Y+505.0%
10Y+3862.0%
359.92%
Return on Equity
-467%
3Y-1869.0%
5Y-4470.0%
10Y-12758.0%
-23.48%
Return on Assets
117%
3Y+369.0%
5Y+358.0%
10Y+1042.0%
-20.96%
Return on Invested Capital
245%
3Y+301.0%
5Y+264.0%
10Y+6316.0%
WOLF

Wolfspeed, Inc. Cash Conversion Engine

WOLF ยท NYSE
Net Income-1.61B
Depreciation & Amortization252.10M
Stock-Based Compensation73.30M
Change in Working Capital-88.40M
Others670.80M
Capital Expenditures-1.28B
Free Cash Flow-1.99B

Cash Flow Quality Analysis

FCF Conversion Rate

123.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-179.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+33.8%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$88.40M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Wolfspeed, Inc. Funding & Solvency Profile

WOLF ยท NYSE
Cash & Cash Equivalents1.16B
Net Receivables96.80M
Inventory280.50M
Other Current Assets167.00M
Total Current Assets2 B
Property, Plant & Equipment717.10M
Goodwill & Intangible Assets409.20M
Long-Term Investments0.00
Other Non-Current Assets311.90M
Total Non-Current Assets1 B
Total Assets
3.15B

Financial Health Analysis

Current Ratio

7.03x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.08x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

1 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

54% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

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Wolfspeed, Inc. Street Expectations Map

WOLF ยท NYSE

Wall Street analysts project that WOLF stock may decline over the coming 12 months. The consensus 1-year price target stands at 20.00, with estimates ranging from a low of 20.00 to a high of 20.00.

Lowest Target
20.00
-67.57%
Consensus Target
20.00
-67.57%
Highest Target
20.00
-67.57%

The consensus 1-year price target stands at 20.00, with estimates ranging from a low of 20.00 to a high of 20.00.

Analyst Consensus Analysis

Upside Potential

-67.6%

Significant downside risk. Stock trading well above analyst consensus suggests elevated valuation concerns and potential correction.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

1.00x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Consensus overvaluation: Analysts agree the stock is richly valued with limited upside. Consider booking profits or defensive positioning unless you have contrarian conviction in unrecognized catalysts.

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Wolfspeed, Inc. Insider Positioning

WOLF ยท NYSE

During the last 12 months, insiders have purchased $1.47M worth of WOLF shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

53.5K

1.47M

Sold

0

0.00

Net Activity

+1.5M

+$1.47M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
CI

Citigroup Inc

10 Percent Owner

53.5K sharesโ€ข1 transactions

$1.47M

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $1.47M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

โˆž:1

Perfect buy/sell ratio. Only buying activity with zero sellingโ€”the most bullish possible insider signal.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

0.00%
Dividend Yield
3Y-
5Y-
10Y-100.0%
ย 

wolf Dividend History

WOLF
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%