Wolfspeed, Inc. (WOLF)Technology | Semiconductors | Durham, United States | NYSE
25.85 USD
-1.10
(-4.082%) ⇩
(Aug. 28, 2026, 4:01 p.m.
EDT)
After hours: 25.67 -0.18 (-0.177%) ⇩ (Aug. 28, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:37 a.m. EDT
The long-term investment case is severely compromised by deteriorating fundamentals. Revenue is contracting by 24%, gross margins are deeply negative at -35%, and operating margins are collapsing to -72%. Despite a fortress-like current ratio of 6.86, the company is burning cash with negative operating cash flow and negative returns on assets. The negative forward P/E confirms that analysts see no path to profitability in the near term. While the balance sheet shows significant cash, the debt-to-equity ratio of 181% and the inability to generate free cash flow suggest the capital structure is fragile under pressure. The recent price surge appears to be a speculative reaction to AI hype rather than a correction of value, as the underlying business metrics continue to degrade. For a long-term holder, the combination of shrinking sales, eroding profitability, and negative equity generation makes this a dangerous hold despite the low share price relative to book value. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.528893 |
| AutoTheta | 0.568927 |
| MSTL | 0.606597 |
| AutoARIMA | 0.896743 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 27% |
| H-stat | 13.49 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.356 |
| Excess Kurtosis | -1.00 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 193.098 |
| Revenue per Share | 9.683 |
| Market Cap | 1,343,478,784 |
| Forward P/E | -4.43 |
| Profit Margins | 0.66% |
| Previous Name | Cree, Inc. |
| Website | https://www.wolfspeed.com |
As of Aug. 22, 2026, 4:37 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. Call volume is heavily skewed toward out-of-the-money strikes (30, 32, 38, 45), suggesting bets on a massive upside gap, while put volume concentrates deep in-the-money (11, 17, 22, 27.5), indicating a hedge against a crash to single digits. The massive implied volatility spikes on deep OTM/ITM strikes suggest a binary event is priced in, but the lack of directional bias in open interest implies the market is hedging against chaos rather than betting on a specific recovery or collapse.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.21945703 |
| Address1 | 4,600 Silicon Drive |
| All Time High | 80.82 |
| All Time Low | 8.05 |
| Ask | 25.97 |
| Ask Size | 300 |
| Audit Risk | 8 |
| Average Analyst Rating | 3.0 - Hold |
| Average Daily Volume10 Day | 4,404,930 |
| Average Daily Volume3 Month | 5,239,890 |
| Average Volume | 5,239,890 |
| Average Volume10Days | 4,404,930 |
| Bid | 25.63 |
| Bid Size | 400 |
| Board Risk | 6 |
| Book Value | 21.137 |
| City | Durham |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 6 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 25.85 |
| Current Ratio | 6.863 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 26.89 |
| Day Low | 25.34 |
| Debt To Equity | 193.098 |
| Display Name | Wolfspeed |
| Earnings Call Timestamp End | 1,787,173,200 |
| Earnings Call Timestamp Start | 1,787,173,200 |
| Earnings Timestamp | 1,787,169,600 |
| Earnings Timestamp End | 1,793,822,400 |
| Earnings Timestamp Start | 1,793,822,400 |
| Ebitda | -323,500,000 |
| Ebitda Margins | -0.48639 |
| Enterprise To Ebitda | -6.602 |
| Enterprise To Revenue | 3.211 |
| Enterprise Value | 2,135,825,920 |
| Eps Current Year | -7.515 |
| Eps Forward | -5.83 |
| Eps Trailing Twelve Months | -11.39 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 919 313 5558 |
| Fifty Day Average | 33.366 |
| Fifty Day Average Change | -7.5160007 |
| Fifty Day Average Change Percent | -0.22525926 |
| Fifty Two Week Change Percent | 21.945704 |
| Fifty Two Week High | 80.82 |
| Fifty Two Week High Change | -54.97 |
| Fifty Two Week High Change Percent | -0.6801534 |
| Fifty Two Week Low | 8.05 |
| Fifty Two Week Low Change | 17.8 |
| Fifty Two Week Low Change Percent | 2.21118 |
| Fifty Two Week Range | 8.05 - 80.82 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,759,152,600,000 |
| Float Shares | 31,396,592 |
| Forward Eps | -5.83 |
| Forward P E | -4.4339623 |
| Free Cashflow | 326,237,504 |
| Full Exchange Name | NYSE |
| Full Time Employees | 2,371 |
| Fullday Change | -1.1 |
| Fullday Change Percent | -4.08163 |
| Fullday Price | 25.6733 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | -0.28236 |
| Gross Profits | -187,800,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00487 |
| Held Percent Institutions | 1.31043 |
| Implied Shares Outstanding | 51,972,101 |
| Industry | Semiconductors |
| Industry Disp | Semiconductors |
| Industry Key | semiconductors |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,782,604,800 |
| Long Business Summary | Wolfspeed, Inc., a semiconductor company, focuses on silicon carbide materials and devices for power applications in Europe, Hong Kong, Singapore, China, rest of Asia Pacific, Japan, the United States, and internationally. The company offers silicon carbide and gallium nitride (GaN) materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, silicon carbide substrates, mosfets, schotky diodes, power, and other applications. It also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in various applications of automotive domains, including electric vehicles and fast charging, as well as existing and emerging applications in the industrial and energy domain, such as AI data centers, grid modernization, and renewable energy and storage. 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. |
| Long Name | Wolfspeed, Inc. |
| Market | us_market |
| Market Cap | 1,343,478,784 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_197012 |
| Most Recent Quarter | 1,782,604,800 |
| Name Change Date | 2,026-08-28 |
| Net Income To Common | 4,400,000 |
| Next Fiscal Year End | 1,814,140,800 |
| Non Diluted Market Cap | 1,400,648,121 |
| Number Of Analyst Opinions | 2 |
| Open | 26.66 |
| Operating Cashflow | -203,200,000 |
| Operating Margins | -0.31618 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Phone | 919 313 5300 |
| Post Market Change | -0.17670059 |
| Post Market Change Percent | -0.68356127 |
| Post Market Price | 25.6733 |
| Post Market Time | 1,787,961,532 |
| Prev Name | Cree, Inc. |
| Previous Close | 26.95 |
| Price Eps Current Year | -3.4397871 |
| Price Hint | 2 |
| Price To Book | 1.222974 |
| Price To Sales Trailing12 Months | 2.019965 |
| Profit Margins | 0.00662 |
| Quick Ratio | 5.515 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 3.0 |
| Region | US |
| Regular Market Change | -1.1 |
| Regular Market Change Percent | -4.08163 |
| Regular Market Day High | 26.89 |
| Regular Market Day Low | 25.34 |
| Regular Market Day Range | 25.34 - 26.89 |
| Regular Market Open | 26.66 |
| Regular Market Previous Close | 26.95 |
| Regular Market Price | 25.85 |
| Regular Market Time | 1,787,947,305 |
| Regular Market Volume | 1,487,433 |
| Return On Assets | -0.057800002 |
| Return On Equity | 0.01822 |
| Revenue Growth | -0.241 |
| Revenue Per Share | 9.683 |
| Sand P52 Week Change | 0.1966995 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 51,972,101 |
| Shares Percent Shares Out | 0.4618 |
| Shares Short | 23,675,830 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 24,498,726 |
| Short Name | Wolfspeed, Inc. |
| Short Ratio | 5.68 |
| Source Interval | 15 |
| State | NC |
| Symbol | WOLF |
| Target High Price | 30.0 |
| Target Low Price | 25.0 |
| Target Mean Price | 27.5 |
| Target Median Price | 27.5 |
| Total Cash | 1,088,600,064 |
| Total Cash Per Share | 20.541 |
| Total Debt | 1,796,199,936 |
| Total Revenue | 665,100,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -11.39 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 28.56875 |
| Two Hundred Day Average Change | -2.71875 |
| Two Hundred Day Average Change Percent | -0.09516517 |
| Type Disp | Equity |
| Volume | 1,487,433 |
| Website | https://www.wolfspeed.com |
| Zip | 27,703 |