Wolfspeed (NYSE:WOLF – Get Free Report) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of ($1.14) – $0.89 for the period, compared to the consensus earnings per share estimate of ($0.91). The company issued revenue guidance of $160 – 200 million, compared to the consensus revenue estimate of $214.69 million. Wolfspeed also updated its Q2 2025 guidance to -1.140–0.890 EPS.
Wolfspeed Price Performance
Shares of Wolfspeed stock traded up $0.84 on Wednesday, hitting $13.71. The company’s stock had a trading volume of 10,659,808 shares, compared to its average volume of 6,437,318. Wolfspeed has a 52-week low of $7.28 and a 52-week high of $47.43. The company has a market capitalization of $1.74 billion, a P/E ratio of -1.85 and a beta of 1.46. The company has a quick ratio of 3.85, a current ratio of 4.51 and a debt-to-equity ratio of 6.99. The firm has a fifty day moving average price of $10.90 and a 200-day moving average price of $18.26.
Wolfspeed (NYSE:WOLF – Get Free Report) last posted its quarterly earnings data on Wednesday, August 21st. The company reported ($1.06) EPS for the quarter, missing analysts’ consensus estimates of ($1.03) by ($0.03). Wolfspeed had a negative net margin of 107.93% and a negative return on equity of 37.76%. The company had revenue of $200.70 million for the quarter, compared to analyst estimates of $201.11 million. On average, equities research analysts expect that Wolfspeed will post -4.07 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on Wolfspeed
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.
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