Stocks · Technology · Semiconductors
Wolfspeed Inc. WOLF
$35.28 +13.19% Close, Oct 2, 2026 · NYSE · Market cap $1.83B
Expensive vs sectorHigh risk
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to -79.1% from -139.9% a year earlier.
- The stock is 52% below its highest close of the past year.
- Revenue over the last four quarters was $665.1M, down 12.2% from a year earlier, slowing from -6.4% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 6%
- Revenue growth, 3-year CAGRBottom 18%
- Revenue growth accelerationBottom 11%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 12%
- Gross marginBottom 2%
- Operating marginBottom 11%
- Accruals (lower is better)Top 8%
- Interest coverBottom 28%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 5%
- Free-cash-flow yieldBottom 7%
- EBITDA / enterprise valueBottom 6%
- Sales / enterprise valueBottom 48%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 48%
- 6-month returnTop 12%
- 1-year return vs S&P 500Top 31%
- Distance from 52-week highBottom 14%
- Trend checklist (0–4)Top 44%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 5%
- Consecutive EPS beatsBottom 44%
- Share of analysts rating BuyBottom 9%
- Upside to consensus price targetTop 26%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 7%
- Maximum drawdown, 3 yearsBottom 28%
- Beta vs S&P 500 (lower is better)Bottom 1%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -6.4% | -12.2% | ↓ |
| Gross margin | -16.1% | -34.9% | ↓ |
| Operating margin | -139.9% | -79.1% | ↑ |
| FCF margin | -200.2% | -53.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -12.2% | -6.4% | ↓ | Bottom 6% |
| Gross margin | -34.9% | -16.1% | ↓ | Bottom 2% |
| Operating margin | -79.1% | -139.9% | ↑ | Bottom 11% |
| Net margin | -159.3% | -212.4% | ↑ | — |
| Free-cash-flow margin | -53.2% | -200.2% | ↑ | — |
| Return on invested capital | -19.0% | — | Bottom 12% | |
| Revenue growth, 3-year CAGR | -4.3% | — | Bottom 18% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -29.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 4.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -66.5 pp
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -3.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -5.28%
- Shareholder yield
- -5.28%
- Share count change, 1 year
- -0.3%
- Share count change, 3-year CAGR
- +7.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 28, 2026 (filed Aug 20, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- -100.0%
- Average 2-day reaction, last 8
- -0.1%
- Positive 20 days after report
- 2 of 4
Analysts
- Consensus price target
- $54.32
- Target vs current price
- +54.0%
- Analysts with a rating
- 19
- Share rating Buy or Strong Buy
- 32%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 19, 2026 | +7.8% | -7.5% | -19.6% | -24.8% | — |
| May 5, 2026 | +13.8% | +1.9% | +40.0% | +69.9% | -33.8% |
| Feb 4, 2026 | -893.5% | +1.2% | -7.1% | +21.1% | +73.7% |
| Oct 29, 2025 | +22.9% | +4.0% | -28.8% | -35.4% | -43.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 19, 2026 | -$2.26 | -$2.45 | +7.8% | $149.6M |
| May 5, 2026 | -$3.26 | -$3.78 | +13.8% | $150.2M |
| Feb 4, 2026 | -$6.11 | -$0.62 | -893.5% | $168.5M |
| Oct 29, 2025 | -$0.55 | -$0.71 | +22.9% | $196.8M |
| Aug 25, 2025 | -$0.77 | -$0.72 | -6.9% | $197.0M |
| May 8, 2025 | -$0.72 | -$0.82 | +12.2% | $185.4M |
| Jan 29, 2025 | -$0.95 | -$0.97 | +2.1% | $180.5M |
| Nov 6, 2024 | -$0.91 | -$1.01 | +9.9% | $194.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 4.43× | — | — | Bottom 48% |
| Free-cash-flow yield | -19.31% | — | — | Bottom 7% |
| Earnings yield | -57.74% | — | — | Bottom 5% |
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 6
- Days above the 200-day average
- 2
- 50-day average slope (20 days)
- -12.4%
- 200-day average slope (20 days)
- +2.5%
- Distance from 50-day average
- +30.1%
- Distance from 200-day average
- +19.6%
- RSI (14)
- 70.6
- Relative volume
- 3.15×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 111.8%
- Beta vs S&P 500 (2 years, weekly)
- 4.01
- Correlation with S&P 500
- 0.41
- Current drawdown from 1-year high
- -52.0%
- Maximum drawdown, 3 years
- -72.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 26, 2026 | Jul 29, 2026 | -72.7% | 44 days | Not yet recovered |
| Oct 9, 2025 | Mar 30, 2026 | -58.2% | 117 days | 23 days (May 1, 2026) |
| May 14, 2026 | May 20, 2026 | -16.2% | 4 days | 3 days (May 26, 2026) |
| Sep 30, 2025 | Oct 3, 2025 | -14.8% | 3 days | 3 days (Oct 8, 2025) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.83B
- EPS, diluted (TTM)
- -$20.37
- Revenue (TTM)
- $665.1M
- 52-week range
- $13.49 – $80.82
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $572.1M | $758.5M | $807.2M | $757.6M | $665.1M |
| Gross profit | $208.1M | $242.9M | $77.4M | -$121.6M | -$232.1M |
| Operating income | -$203.1M | -$311.8M | -$445.3M | -$1.33B | -$485.4M |
| Net income | -$200.9M | -$329.9M | -$864.2M | -$1.61B | $4.4M |
| EPS (diluted) | -$5.01 | -$7.95 | -$20.64 | -$34.17 | $0.08 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $194.7M | $180.5M | $185.4M | $197.0M | $196.8M | $168.5M | $150.2M | $149.6M |
| Net income | -$282.2M | -$372.2M | -$285.5M | -$669.3M | -$643.6M | -$150.6M | -$119.9M | -$145.4M |
| EPS (diluted) | -$6.69 | -$5.90 | -$5.58 | -$12.90 | -$12.36 | -$2.90 | -$2.30 | -$2.81 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | -$154.2M | -$142.6M | -$725.6M | -$711.7M | -$203.2M |
| Capital expenditure | -$641.6M | -$954.5M | -$2.28B | -$1.28B | -$176.9M |
| Free cash flow | -$795.8M | -$1.10B | -$3.01B | -$1.99B | -$380.1M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $22.4M | $23.8M | $23.4M | $203.9M | $93.4M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.09B
- Total assets
- $3.00B
- Total liabilities
- $2.07B
- Total debt
- $1.69B
- Net debt
- $1.11B
- Shareholders’ equity
- $930.2M
As of Jun 28, 2026 (filed Aug 20, 2026).
Short interest
- Shares sold short
- 26,101,128
- Days to cover
- 10.25
- Change vs previous report
- +5.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Dec 11, 2000
- 2-for-1
- Aug 2, 1999
- 2-for-1
- Aug 16, 1995
- 2-for-1