Wolfspeed, Inc. (WOLF) Stock Price & Analysis
Wolfspeed, Inc. (WOLF) closed at USD 22.63 on Thursday, October 22, 2026, down 8.16% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 22.63; the Oct 22, 2026 session ranged USD 22.02–24.14 on volume of 4,364,115 shares. Market capitalization is —, with a 52-week range of USD 13.49–80.82 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/WOLF.md
Key facts (WOLF)
- Last four reported quarters (through Mar 29, 2026): revenue $712M, net income -$494M (-69.3% margin), free cash flow -$419M (SEC filings).
- 2 of 80 tracked superinvestors hold WOLF (13F, Q2 2026): 2 new, 0 added, 0 reduced, 0 unchanged.
- Total return with dividends: 1Y -23.5% vs S&P 500 +14.9%; 5Y -7.1% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD -1.99, revenue estimate $150M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (WOLF)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $526M | $572M | $759M | $807M | $758M | $712M |
| Gross profit | $165M | $208M | $243M | $77.4M | -$122M | — |
| Operating income | -$314M | -$203M | -$312M | -$445M | -$1.33B | -$596M |
| Net income | -$524M | -$201M | -$330M | -$864M | -$1.61B | -$494M |
| EPS (diluted) | -$4.66 | -$1.67 | -$2.65 | -$6.88 | -$11.39 | — |
| Free cash flow | -$696M | -$791M | -$1.09B | -$3.00B | -$1.98B | -$419M |
| Gross margin | 31.3% | 36.4% | 32.0% | 9.6% | -16.1% | — |
| Operating margin | -59.7% | -35.5% | -41.1% | -55.2% | -175.4% | -83.6% |
| Net margin | -99.7% | -35.1% | -43.5% | -107.1% | -212.4% | -69.3% |
| Revenue growth | +11.7% | +8.8% | +32.6% | +6.4% | -6.1% | — |
| Cash + short-term investments | $1.15B | $1.20B | $2.95B | $2.17B | $955M | — |
| Total debt | $824M | $1.02B | $3.03B | $6.16B | $13.1B | — |
Fiscal years end Jun. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Mar 29, 2026) (WOLF)
Superinvestors (SEC 13F-HR, Q2 2026) (WOLF)
2 of 80 tracked investors hold WOLF. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.02% | $1.8M | New position |
| Daniel Loeb | Third Point | 0.01% | $483K | New position |
Analysts (WOLF)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Susquehanna | Target lowered | Neutral | $30 → $25 |
| 2026-07-21 | Susquehanna | Target lowered | Neutral | $40 → $30 |
Total return (dividends reinvested) (WOLF)
| 1Y (from 2025-10-23) | 5Y (from 2025-09-29) | |
|---|---|---|
| Total return | -23.5% | -7.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -23.6% | -6.7% |
| Volatility (annualized) | 115.1% | 115.1% |
| Max drawdown | -72.7% (May 2026→Jul 2026) | -67.6% (May 2026→Oct 2026) |
WOLF revenue by product line (quarter ended Mar 29, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Power Products | $100.1M | 66.6% | -6.9% |
| Materials Products | $50.1M | 33.4% | -35.7% |
| Total revenue | $150.2M | 100% | — |
WOLF revenue by region (quarter ended Sep 29, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Asia Pacific | $49.1M | 24.9% | — |
| United States | $44.9M | 22.8% | — |
| Europe | $36.3M | 18.4% | — |
| Hong Kong | $26.1M | 13.3% | — |
| China | $17.9M | 9.1% | — |
| Japan | $13.3M | 6.8% | — |
| Singapore | $7.6M | 3.9% | — |
| Other | $1.6M | 0.8% | — |
| Total revenue | $196.8M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
WOLF suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | MACOM Technology Solutions Holdings, Inc. (MTSI) | “In connection with the divestiture of the RF Business (the "RF Business Divestiture"), MACOM assumed operational control of the Company's 100mm GaN wafer fabrication facility in Research Triangle Park, North Carolina (the "RTP Fab") following the end of fiscal 2025.” |
| Customer | Renesas | “•CRD Agreement Deposits - the term loans in an aggregate amount of $2.1 billion (including accrued and unpaid interest as of the Petition Date) made by Renesas to the Company under that certain Unsecured Customer Refundable Deposit Agreement, dated as of July 5, 2023, as amended to date, by and between Wolfspeed and Renesas.” |
| Competitor | onsemi (ON) | “Our silicon carbide power devices compete with silicon carbide power semiconductor solutions offered by companies like Infineon Technologies AG, ON Semiconductor Corporation, Rohm Co. Ltd., ST Microelectronics N.V., Robert Bosch GmbH, and Silan Microelectronics Co. Ltd., as well as an increasing number of smaller competitors.” |
Quoted from the company's 10-K filed Aug 20, 2026.
Companies that name WOLF in their SEC reports
| Relationship to WOLF | Company | Filing | Sentence |
|---|---|---|---|
| customer | Penguin Solutions, Inc. (PENG) | 10-K Oct 20, 2026 | “•the risk that suppliers (such as Wolfspeed, Inc.) or customers of an acquired business are unable or unwilling to do business with us following the acquisition;” |
| partner | BORGWARNER INC (BWA) | 10-K Feb 11, 2026 | “Debt securities During 2022, the Company invested $500 million in convertible debt securities of Wolfspeed, Inc. ("Wolfspeed") as part of a strategic partnership with Wolfspeed.” |
WOLF customer concentration
In the period ended Jun 28, 2026, 2 direct customers each accounted for at least 10% (27%, 11%) of revenue, per the company's 10-K filed Aug 20, 2026. The company does not name them.
WOLF company outlook (results filed Aug 19, 2026)
- “Business Outlook: The Company expects to generate revenue between $140 million and $160 million for its first quarter of fiscal 2027 with non-GAAP gross margin expected to remain negative.”
- “The Company expects non-GAAP operating expenses between $62 million and $66 million for its first quarter of fiscal 2027.”
Analysts expect $150.0M for the current quarter, in line with the midpoint of the company's guidance ($150.0M).
Quoted word-for-word from the SEC 8-K results press release.
WOLF analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-1.99 | $-2.23 | -11.0% | $150.0M | 2 |
| Next quarter (ends Dec 2026) | $-1.93 | $-2.18 | -11.7% | $153.6M | 2 |
| Current fiscal year (ends Jun 2027) | $-7.51 | $-5.08 | +47.9% | $764.0M | 2 |
| Next fiscal year (ends Jun 2028) | $-5.83 | $-7.63 | -23.6% | $795.1M | 2 |
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 22.63 |
|---|---|
| Change | ▼ 8.16% (down) |
| Previous Close | USD 22.63 |
| Open | USD 22.63 |
| Day Range | USD 22.02 – 24.14 |
| 52-Week Range | USD 13.49 – 80.82 |
| Volume | 4,364,115 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (WOLF)
Nexqual's technical model rates WOLF "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 37.24 (neutral) |
| vs SMA50 | Below (USD 27.5) |
| MACD | -1.22 (negative) |
Earnings (WOLF)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD -1.99 |
| Revenue Estimate | $150.00M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -2.26 vs est -2.45 ▲ beat |
| 2026-03-31 | USD -3.26 vs est -3.78 ▲ beat |
| 2025-12-31 | USD -6.11 vs est -0.74 ▼ miss |
| 2025-09-30 | USD -0.55 vs est -0.75 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financials & Fundamentals (WOLF)
| Total Revenue | $665.10M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -24.10% |
| Gross Margin | -28.24% |
| Operating Margin | -31.62% |
| Profit Margin | +0.66% |
| ROE | +1.82% |
| Debt / Equity | 1.93 |
| Current Ratio | 6.86 |
| Total Cash | $1.09B |
| Total Debt | $1.80B |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Ownership (WOLF)
| Insider Ownership | +0.87% |
|---|---|
| Institutional Ownership | +137.22% |
| Shares Outstanding | 52.93M |
| Float | 31.54M |
| Short % of Float | +50.81% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
From Wolfspeed, Inc.'s Latest SEC 10-K Filing (filed 2026-08-20)
Key Strengths & Strategy (as disclosed to the SEC)
- For proprietary technology that is not patented, we generally seek to protect the technology and related know-how and information as trade secrets by keeping confidential the information that we believe provides us with a competitive advantage.
Legal & Regulatory Risks (Item 1A, quoted)
- Failure to comply with applicable environmental laws and regulations could harm our business and results of operations.
- Litigation could adversely affect our operating results and financial conditions.
- Changes in regulatory and tax positions may affect our financial condition and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NVTS | Navitas Semiconductor Corporati | USD 8.49 | ▼ 7.31% |
| POWI | Power Integrations, Inc. | USD 47.12 | ▼ 2.34% |
| DIOD | Diodes Incorporated | USD 81.64 | ▼ 8.1% |
| VSH | Vishay Intertechnology, Inc. | USD 27.03 | ▼ 9.54% |
| SYNA | Synaptics Incorporated | USD 117.04 | ▼ 0.39% |
| PI | Impinj, Inc. | USD 162.7 | ▼ 9.01% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt