Wolfspeed

Wolfspeed, Inc. is an innovator of Wolfspeed power and radio frequency (RF) semiconductors. Its Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Wolfspeed reports revenue growth and record design-ins, faces ramping challenges

Wolfspeed's Q3 performance showed revenue growth and record design-ins, but challenges with ramping materials capacity impacted cash burn. Despite this, the company's strengths lie in its strategic vision, strong design-in conversion rate, and confidence in power device growth. Opportunities exist in expanding the silicon carbide market and reaching 20% fab utilization by 2024.

Wolfspeed faces supply chain challenges but sees growth in silicon carbide

Wolfspeed faces challenges with supply chain issues impacting revenue, but strong demand for silicon carbide presents growth opportunities. The company's focus on new facilities and cautious approach to ramp-ups position it for future success.

Wolfspeed reports robust Q3 earnings, eyes growth amid funding challenges

Wolfspeed's Q3 performance reflects strong revenue growth and record design-ins, but challenges in gross margin and cash flow management persist.
Despite these challenges, the company's solid liquidity position, revenue targets for 2024, and focus on capacity expansion present growth opportunities.
Navigating funding needs, operational expenses, and ramping delays will be key focus areas for Wolfspeed to achieve its growth targets and maintain customer loyalty.

Wolfspeed secures $5B for expansion, targets $1B revenue in 2024

Wolfspeed's strong financial position, strategic customer agreements, and focus on silicon carbide technology position them for future growth. Despite challenges in yield and start-up costs, they are making progress in expanding capacity and improving margins. The company's emphasis on R&D and operational efficiency bodes well for their long-term success.

Wolfspeed excels in Q1, anticipates supply-demand mismatch opportunities

Wolfspeed's Q1 2024 performance exceeded expectations, showcasing operational excellence and market demand.
Despite challenges in certain sectors, the company remains confident in its long-term strategy and market position.
Strong focus on capacity expansion, raw materials investment, and optimizing balance sheet to drive growth.
Anticipated supply-demand mismatch presents opportunities for revenue growth and market leadership in silicon carbide.

Wolfspeed reports robust Q2 earnings, eyes EV market growth

Wolfspeed's Q2 performance reflects strong revenue growth and operational improvements, supported by a solid financial position.
While facing challenges with underutilization costs and gross margin expectations, the company is well-positioned to capitalize on long-term demand for silicon carbide devices.
Exciting opportunities in the EV industry and a favorable market environment for materials underscore Wolfspeed's growth potential.
Operational efficiency gains and strategic customer agreements position Wolfspeed for continued success in the semiconductor market.

Wolfspeed reports robust Q3 revenue and design wins, eyes positive EBITDA

Wolfspeed's Q3 showcased strong revenue growth and design wins, but challenges in margins and design wins persist. The company's focus on silicon carbide technology and operational improvements drives confidence. Opportunities lie in positive EBITDA outlook and ramping key projects.

Wolfspeed reports $201M revenue in Q4, focuses on cost optimization

Wolfspeed's Q4 performance reflects strong revenue growth and operational improvements, despite challenges in gross margins. With a focus on cost reduction and profitability enhancement, the company aims to achieve positive EBITDA and operating cash flow by early fiscal 2026.

Wolfspeed restructures for growth, targets $3B revenue, and EV market

Wolfspeed is strategically positioning itself for growth by focusing on operational efficiency, revenue diversification, and cost-saving initiatives. While facing short-term challenges from restructuring efforts, the company aims to capitalize on EV market growth and streamline its operations for profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide and gallium nitride (GaN) materials and devices for power and radio-frequency (RF) applications. Its product families include silicon carbide and GaN materials, power devices and RF devices, and its products are targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, will host an Investor Day on Wednesday, Nov. 17, 2021 at the New York Stock Exchange in New York City. Wolfspeed CEO Gregg Lowe, CFO Neill Reynolds, and other members of the senior management team will provide an update on industry trends, new developments in the business and update the company's long-term outlook. In-person attendance is limited to the investment community and registra

Wolfspeed to Host Investor Day in New York City on Wednesday, November 17, 2021

Intel

NVIDIA

Teradyne

Could these tech stocks continue their momentum to end the year on a high?

Top Stocks To Buy Now? 4 Tech Stocks To Watch

Wolfspeed is the world leader in Silicon Carbide and Gallium Nitride electronics. The hi-tech company Cree Inc. sold its LED division to devote itself solely to these two technologies.

Wolfspeed Is A Warp Speed Chip Company

Lam Research

Taiwan Semiconductor Manufacturing

The SOXX semi ETF is within striking distance of records. Four chipmakers still look like good value, though, according to two investors.

Four chipmakers that still look like buys as semis stocks edge back to highs, according to traders

Analysts bumped their price targets on Wolfspeed Inc (NYSE: WOLF) following its Q1 results. The manufacturer of wide bandgap semiconductors reported Q1 revenue of $156.6 million, up 36% year-on-year, above the consensus of $149.2 million.

Why Did Wolfspeed Shares Gain 33% Today?

Wolfspeed (WOLF) stock is heading higher today following the release of the semiconductor company's earnings report for fiscal Q1 2022. The post WOLF Stock: 11 Things to Know About Chipmaker Wolfspeed as Shares Soar appeared first on InvestorPlace.

WOLF Stock: 11 Things to Know About Chipmaker Wolfspeed as Shares Soar

On Thursday, Wolfspeed Inc. (NYSE:WOLF) shares rallied more than 25% after releasing solid fiscal first-quarter 2022 results. The company announced its most recent quarterly results Wednesday after markets closed, beating the consensus for analyst estimates.

Is it time to buy Wolfspeed shares after topping Q1 expectations?

Shares of Wolfspeed Inc (NYSE: WOLF) opened about 25% up on Thursday after the semiconductor company reported market-beating results for its fiscal first quarter and gave upbeat guidance for the future. Q1 financial performance Wolfspeed said its revenue printed at $156.6 million in Q1 that represents a year-over-year increase of 36%.

Wolfspeed shares opened 25% up on Thursday: explore why

Lowe's

Wolfspeed, Inc. (WOLF) CEO Gregg Lowe on Q1 Fiscal 2022 Results - Earnings Call Transcript

Wolfspeed (NYSE:WOLF) reported its Q1 earnings results on Wednesday, October 27, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Wolfspeed: Q1 Earnings Insights

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced revenue of $156.6 million for its first quarter of fiscal 2022, ended September 26, 2021.

Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2022

DURHAM, N.C. & MALDEN, Mass.--(BUSINESS WIRE)--Wolfspeed and BPEI announced a study that demonstrates the superior performance of Silicon Carbide vs. traditional silicon semiconductor devices.

Wolfspeed and the Biophysical Economics Institute Announce Pioneering Study That Demonstrates the Superiority of Silicon Carbide for Energy Efficiency

Wolfspeed (WOLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Wolfspeed (WOLF) to Report a Decline in Earnings: What to Look Out for

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, will conduct a conference call and audio webcast to discuss its first quarter fiscal 2022 results and business outlook on October 27, 2021, at 5:00 p.m. Eastern Time. After the close of the market on October 27, and prior to the conference call, Wolfspeed will issue a copy of the earnings press release via Business Wire. The press release may also be viewed on Wolfspeed's website at htt

Wolfspeed, Inc. to Report First Quarter Fiscal 2022 Earnings on October 27, 2021

DURHAM, N.C. & SHANGHAI--(BUSINESS WIRE)--ZINSIGHT will utilize Wolfspeed® 1200V Silicon Carbide MOSFETs in its advanced motor controller for ultra-high-speed air compressors in FCV engines.

Wolfspeed and ZINSIGHT Enhance Efficiency in Fuel Cell Vehicles with Silicon Carbide Technology

General Electric

General Motors

General Motors (GM) inks deal with Wolfspeed to ensure long-term supply of silicon carbide solutions. The automaker also teams up with GE to create a critical supply chain for EV materials.

General Motors (GM) Strikes Deals With Wolfspeed and GE

Cree

On Oct. 4, the stock that used to trade with the ticker CREE began trading as WOLF WOLF, +1.20% , reflecting the company's name change from Cree to Wolfspeed.

Mark Hulbert: What's in a company name change? Often a higher stock price.

General Motors Co (NYSE: GM) has signed a supplier agreement with Wolfspeed Inc  (NYSE: WOLF) to develop and provide silicon carbide power device solutions for GM's future electric vehicle programs. The financial terms of the deal were not disclosed.

GM, Wolfspeed Enter Supplier Agreement To Use Silicon Carbide For Electric Vehicles

Cree Inc. has changed its name to Wolfspeed Inc. WOLF, +4.94% , and the technology company begins trading Monday on the New York Stock Exchange under the ticker symbol "WOLF." Wolfspeed offers Silicon Carbide technology for the semiconductor industry and the company's repositioning under this name reflects divestitures at Cree and a refocusing of the company's strategy.

Cree changes name to Wolfspeed, begins trading under 'WOLF' ticker symbol Monday

NEW YORK--(BUSINESS WIRE)--The NYSE announced that Wolfspeed (NYSE: WOLF) has completed its listing transfer and will begin trading today as an NYSE-listed company.

Wolfspeed Completes Listing Transfer to the New York Stock Exchange

CREE becomes Wolfspeed, and inks a deal with GM. The company is going all-in on wide bandage semiconductors, which will be important in a more electric future.

Cree Becomes Wolfspeed, GM Deal Signals The Coming End Of The ICE Age

DETROIT & DURHAM, N.C.--(BUSINESS WIRE)--General Motors and Wolfspeed announced a supplier agreement to develop and provide silicon carbide power device solutions for GM's future EV programs.

General Motors and Wolfspeed Forge Strategic Supplier Agreement to Leverage Silicon Carbide for GM's Future Electric Vehicle Programs

DURHAM, N.C.--(BUSINESS WIRE)--Today marks the creation of Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology and production.

News for Wolfspeed Stock (WOLF)