Q1 Earnings Estimate for Wolfspeed Issued By William Blair

Wolfspeed, Inc. (NYSE:WOLF) – Analysts at William Blair cut their Q1 2025 earnings per share (EPS) estimates for Wolfspeed in a research note issued on Tuesday, October 15th. William Blair analyst J. Dorsheimer now forecasts that the company will earn ($1.34) per share for the quarter, down from their previous forecast of ($0.99). The consensus estimate for Wolfspeed’s current full-year earnings is ($3.84) per share. William Blair also issued estimates for Wolfspeed’s Q2 2025 earnings at ($1.34) EPS, Q3 2025 earnings at ($1.18) EPS, Q4 2025 earnings at ($1.05) EPS and FY2025 earnings at ($4.91) EPS.

Wolfspeed (NYSE:WOLF) last released its earnings results on Wednesday, August 21st. The company reported ($1.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.03) by ($0.03). The business had revenue of $200.70 million during the quarter, compared to the consensus estimate of $201.11 million. Wolfspeed had a negative net margin of 107.93% and a negative return on equity of 37.76%.

A number of other research firms have also commented on WOLF. Deutsche Bank Aktiengesellschaft cut their price target on Wolfspeed from $17.00 to $14.00 and set a “hold” rating for the company in a report on Thursday, August 22nd. Bank of America lowered their price objective on Wolfspeed from $25.00 to $15.00 and set an “underperform” rating on the stock in a research report on Friday, August 23rd. The Goldman Sachs Group lowered their price objective on Wolfspeed from $48.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, August 22nd. Morgan Stanley increased their price objective on Wolfspeed from $10.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Finally, Canaccord Genuity Group lowered their price target on Wolfspeed from $45.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Wolfspeed presently has an average rating of “Hold” and an average target price of $22.43.

Wolfspeed Price Performance

Wolfspeed stock opened at $16.19 on Friday. Wolfspeed has a one year low of $7.28 and a one year high of $47.43. The business has a fifty day moving average price of $10.41 and a 200-day moving average price of $19.45. The company has a debt-to-equity ratio of 6.99, a current ratio of 4.51 and a quick ratio of 3.85. The firm has a market capitalization of $2.04 billion, a P/E ratio of -2.51 and a beta of 1.52.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of WOLF. Mather Group LLC. grew its stake in shares of Wolfspeed by 385.5% in the second quarter. Mather Group LLC. now owns 1,175 shares of the company’s stock worth $27,000 after purchasing an additional 933 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Wolfspeed by 416.4% in the third quarter. GAMMA Investing LLC now owns 4,544 shares of the company’s stock worth $44,000 after purchasing an additional 3,664 shares during the last quarter. Signaturefd LLC grew its stake in shares of Wolfspeed by 284.3% in the second quarter. Signaturefd LLC now owns 2,087 shares of the company’s stock worth $48,000 after purchasing an additional 1,544 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of Wolfspeed by 64.8% in the first quarter. Advisors Asset Management Inc. now owns 1,757 shares of the company’s stock worth $52,000 after purchasing an additional 691 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Wolfspeed in the second quarter worth about $75,000.

Wolfspeed Company Profile

Wolfspeed, Inc operates as a powerhouse 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. It 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.