Wolfspeed, Inc. (WOLF)Technology | Semiconductors | Durham, United States | NYSE
25.56 USD
-0.98
(-3.693%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 25.50 -0.06 (-0.060%) ⇩ (April 17, 2026, 7:58 p.m. EDT) Short-term: ★★★★☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 11 p.m. EDT
Extreme momentum risk disguised as a reorg rally: The 1,700% jump from removing old stock and a contrarian short squeeze of the new shares has created a perfect storm of inflated options at the $30 OTM level, but the underlying business is a cash-flow negative value trap with no earnings visibility. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.102283 |
| AutoETS | 0.102283 |
| MSTL | 0.102696 |
| AutoTheta | 0.162137 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 4.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.079 |
| Excess Kurtosis | 0.24 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 330.379 |
| Revenue per Share | 16.057 |
| Market Cap | 1,235,535,616 |
| Forward P/E | -5.26 |
| Profit Margins | -91.64% |
| Previous Name | Cree, Inc. |
| Website | https://www.wolfspeed.com |
As of April 18, 2026, 11 p.m. EDT: Speculators are aggressively bullish on the very short end, with significant new volume and open interest builds in $30 calls for the April 17 expiry and $27-30 calls expiring April 24. The April 17 expiration is dominated by calls, with a massive OI wall at $30 while near-term puts show minimal activity above the money. This suggests a contrarian bubble forming on the micro-cap/SPAC angle, as the stock trades near $50% premium to the $50 average after a massive 1,700% reorg-related spike. The IV surface shows deep OTM call spikes (1.5k vol at $30 strike), indicating 'lottery ticket' positioning for a final squeeze, despite fundamental negative closures.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.15656114 |
| Address1 | 4,600 Silicon Drive |
| All Time High | 36.6 |
| All Time Low | 8.05 |
| Ask | 25.6 |
| Ask Size | 300 |
| Audit Risk | 7 |
| Average Daily Volume10 Day | 2,427,930 |
| Average Daily Volume3 Month | 1,849,959 |
| Average Volume | 1,849,959 |
| Average Volume10Days | 2,427,930 |
| Bid | 25.46 |
| Bid Size | 300 |
| Board Risk | 6 |
| Book Value | 22.927 |
| City | Durham |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 6 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 25.56 |
| Current Ratio | 6.505 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 27.06 |
| Day Low | 24.77 |
| Debt To Equity | 330.379 |
| Display Name | Wolfspeed |
| Earnings Call Timestamp End | 1,770,242,400 |
| Earnings Call Timestamp Start | 1,770,242,400 |
| Earnings Timestamp | 1,770,238,800 |
| Earnings Timestamp End | 1,778,270,400 |
| Earnings Timestamp Start | 1,778,270,400 |
| Ebitda | -223,700,000 |
| Ebitda Margins | -0.29918 |
| Enterprise To Ebitda | -8.641 |
| Enterprise To Revenue | 2.585 |
| Enterprise Value | 1,932,966,656 |
| Eps Current Year | -13.08 |
| Eps Forward | -4.855 |
| Eps Trailing Twelve Months | -13.28 |
| 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 | 18.747 |
| Fifty Day Average Change | 6.8129997 |
| Fifty Day Average Change Percent | 0.36341813 |
| Fifty Two Week Change Percent | 15.656114 |
| Fifty Two Week High | 36.6 |
| Fifty Two Week High Change | -11.039999 |
| Fifty Two Week High Change Percent | -0.30163932 |
| Fifty Two Week Low | 8.05 |
| Fifty Two Week Low Change | 17.509998 |
| Fifty Two Week Low Change Percent | 2.175155 |
| Fifty Two Week Range | 8.05 - 36.6 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,759,152,600,000 |
| Float Shares | 28,231,374 |
| Forward Eps | -4.855 |
| Forward P E | -5.2646756 |
| Free Cashflow | -856,049,984 |
| Full Exchange Name | NYSE |
| Full Time Employees | 3,434 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | -0.14244 |
| Gross Profits | -106,500,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0029199999 |
| Held Percent Institutions | 1.3653901 |
| Implied Shares Outstanding | 48,338,642 |
| Industry | Semiconductors |
| Industry Disp | Semiconductors |
| Industry Key | semiconductors |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,751,155,200 |
| Long Business Summary | Wolfspeed, Inc., a semiconductor company, focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia Pacific, the United States, and internationally. The company offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, 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 applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. 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 | 1,235,535,616 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_197012 |
| Most Recent Quarter | 1,766,880,000 |
| Name Change Date | 2,026-04-18 |
| Net Income To Common | -685,200,000 |
| Next Fiscal Year End | 1,782,691,200 |
| Non Diluted Market Cap | 1,235,535,663 |
| Number Of Analyst Opinions | 1 |
| Open | 26.5 |
| Operating Cashflow | -449,600,000 |
| Operating Margins | -0.78990996 |
| Overall Risk | 6 |
| Phone | 919 407 5300 |
| Post Market Change | -0.059999466 |
| Post Market Change Percent | -0.2347397 |
| Post Market Price | 25.5 |
| Post Market Time | 1,776,470,325 |
| Prev Name | Cree, Inc. |
| Previous Close | 26.54 |
| Price Eps Current Year | -1.9541284 |
| Price Hint | 2 |
| Price To Book | 1.1148428 |
| Price To Sales Trailing12 Months | 1.6524484 |
| Profit Margins | -0.91640997 |
| Quick Ratio | 5.083 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.980001 |
| Regular Market Change Percent | -3.69254 |
| Regular Market Day High | 27.06 |
| Regular Market Day Low | 24.77 |
| Regular Market Day Range | 24.77 - 27.06 |
| Regular Market Open | 26.5 |
| Regular Market Previous Close | 26.54 |
| Regular Market Price | 25.56 |
| Regular Market Time | 1,776,456,002 |
| Regular Market Volume | 2,006,654 |
| Return On Assets | -0.04679 |
| Return On Equity | -1.3704 |
| Revenue Growth | -0.066 |
| Revenue Per Share | 16.057 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 48,338,641 |
| Shares Percent Shares Out | 0.2322 |
| Shares Short | 9,559,543 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 9,182,847 |
| Short Name | Wolfspeed, Inc. |
| Short Ratio | 7.34 |
| Source Interval | 15 |
| State | NC |
| Symbol | WOLF |
| Target High Price | 15.0 |
| Target Low Price | 15.0 |
| Target Mean Price | 15.0 |
| Target Median Price | 15.0 |
| Total Cash | 1,292,300,032 |
| Total Cash Per Share | 28.661 |
| Total Debt | 2,072,800,000 |
| Total Revenue | 747,699,968 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -13.28 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 20.730576 |
| Two Hundred Day Average Change | 4.829424 |
| Two Hundred Day Average Change Percent | 0.2329614 |
| Type Disp | Equity |
| Volume | 2,006,654 |
| Website | https://www.wolfspeed.com |
| Zip | 27,703 |