Wolfspeed Inc Stock Price, News & Analysis

Wolfspeed (NYSE: WOLF) announced a collaboration with Hopewind to integrate Wolfspeed’s 2.3kV LM Pack Module into Hopewind’s modular 950Vac wind power converter, aiming to deliver the industry’s first all-silicon carbide power cabinet.

The joint design targets up to a 38% increase in power density, switching frequencies up to 6kHz, and improved efficiency and reliability. The 2.3kV LM Pack Module is expected to be commercially available in early 2026.

Wolfspeed (NYSE: WOLF) reported first quarter fiscal 2026 results with consolidated revenue of $197 million and $926 million in cash, cash equivalents and short-term investments as of quarter end. Mohawk Valley fab revenue rose to $97 million from $49 million a year earlier. GAAP gross margin was -39% and non-GAAP gross margin was -26%, reflecting $47 million of underutilization costs. GAAP loss per share was $(4.12), which included $504 million of reorganization items; non-GAAP loss per share was $(0.55). Wolfspeed emerged from Chapter 11 on Sept 29, 2025, expects fresh-start accounting and plans material adjustments in Q2 fiscal 2026. The company forecasts Q2 fiscal 2026 revenue of $150–$190 million and will provide a comprehensive financial update in H1 2026.

Wolfspeed (NYSE: WOLF) appointed Matthias Buchner as Senior Vice President of Global Sales and Chief Marketing Officer effective Dec 1, 2025, reporting to CEO Robert Feurle. Buchner joins from Infineon where he led marketing for a $3+ billion business. His remit will prioritize global sales and marketing to accelerate adoption of Wolfspeed’s next‑generation 200 mm silicon carbide (SiC) devices across automotive, renewable energy, industrial power, AI data centers, and aerospace and defense.

The company said this hire complements recent strategic moves: a refinancing that strengthened the balance sheet, consolidation to a U.S. manufacturing footprint, planned closure of its 150 mm Durham fab by end of 2025, and discontinuation of a proposed Saarland, Germany facility to focus on 200 mm scale‑up and operational efficiency.

Wolfspeed (NYSE: WOLF) will report fiscal 2026 first quarter results and host an earnings conference call on Wednesday, October 29, 2025 at 5:00 PM Eastern Standard Time. The call will be led by CEO Robert Feurle and CFO Gregor van Issum. A live webcast of the earnings call and the earnings release will be available on Wolfspeed's Investor Relations website at https://investor.wolfspeed.com.

Wolfspeed (NYSE: WOLF), a leader in silicon carbide technologies, has announced significant changes to its Board of Directors following its emergence from Chapter 11 restructuring. The company has appointed five new directors: Anthony M. Abate (new Chairman), Mike Bokan, Eric Musser, Hong Q. Hou, and Aris Bolisay (pending regulatory approvals).

These new members will join existing directors Mark Jensen and Paul Walsh, while six former board members, including Tom Werner, have stepped down. The new appointees bring extensive semiconductor industry knowledge, accounting expertise, and experience in guiding companies toward profitability.

Wolfspeed (NYSE: WOLF), a leader in silicon carbide technologies, has successfully emerged from Chapter 11 bankruptcy protection following a comprehensive financial restructuring. The company has achieved a 70% reduction in total debt with maturities extended to 2030 and a 60% decrease in annual cash interest expense.

Under the leadership of CEO Robert Feurle, Wolfspeed is positioning itself to leverage its vertically-integrated 200mm manufacturing capabilities and U.S.-based supply chain. The company plans to self-fund its growth through free cash flow generation, focusing on capturing demand in growing markets including AI, EVs, industrial, and energy sectors.

Wolfspeed (NYSE:WOLF) has commercially launched its 200mm silicon carbide (SiC) materials portfolio, following successful trials with select customers. The company is offering both 200mm SiC wafers and 200mm SiC epitaxy for immediate qualification.

The new 200mm SiC bare wafers feature 350µm thickness with improved parametric specifications and industry-leading doping and thickness uniformity. This advancement enables device makers to enhance MOSFET yields, accelerate time-to-market, and deliver more competitive solutions across automotive, renewable energy, and industrial applications.

Wolfspeed (NYSE: WOLF), a silicon carbide technology leader, has received Court approval for its Plan of Reorganization and expects to emerge from Chapter 11 bankruptcy protection in the coming weeks. The restructuring will result in a 70% reduction in debt, strengthening the company's capital structure.

CEO Robert Feurle emphasized that this milestone will provide Wolfspeed with enhanced financial flexibility to execute its strategic priorities and reinforce its leadership in the silicon carbide industry. The company has maintained operations throughout the process with support from customers, vendors, and lending groups.

Wolfspeed (NYSE: WOLF) reported its Q4 and full fiscal year 2025 results, showing significant challenges. Q4 revenue declined to $197 million from $201 million year-over-year, with the Mohawk Valley Fab contributing $94.1 million, up from $41 million. The company reported negative GAAP gross margins of (13)% in Q4 and (16)% for the full year.

For fiscal 2025, total revenue decreased to $758 million from $807 million, with a GAAP loss per share of $(11.39) compared to $(4.56) in 2024. The company faced significant underutilization costs of $105.2 million related to Mohawk Valley Fab production ramp-up. Notably, the company is undergoing Chapter 11 reorganization, with court approval of their plan expected next month.