What is William Blair’s Forecast for Wolfspeed Q1 Earnings?

Wolfspeed, Inc. (NYSE:WOLF) – Equities research analysts at William Blair lowered their Q1 2025 earnings estimates for Wolfspeed in a report released on Tuesday, October 15th. William Blair analyst J. Dorsheimer now expects that the company will post earnings per share of ($1.34) for the quarter, down from their previous estimate 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.

Several other research firms have also commented on WOLF. TD Cowen reduced their price target on Wolfspeed from $25.00 to $15.00 and set a “hold” rating on the stock in a research report on Thursday, August 22nd. Mizuho downgraded shares of Wolfspeed from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $17.00 to $8.00 in a research note on Thursday, October 3rd. Morgan Stanley raised their price target on shares of Wolfspeed from $10.00 to $15.00 and gave the company an “equal weight” rating in a report on Wednesday. Susquehanna cut their price objective on shares of Wolfspeed from $23.00 to $16.00 and set a “neutral” rating on the stock in a report on Thursday, August 22nd. Finally, Bank of America lowered their target price on Wolfspeed from $25.00 to $15.00 and set an “underperform” rating for the company in a research note on Friday, August 23rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $22.43.

Wolfspeed Trading Down 1.2 %

Shares of WOLF opened at $16.01 on Friday. Wolfspeed has a 12 month low of $7.28 and a 12 month high of $47.43. The stock’s 50-day moving average is $10.48 and its two-hundred day moving average is $19.29. 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 stock has a market cap of $2.01 billion, a PE ratio of -2.48 and a beta of 1.52.

Wolfspeed (NYSE:WOLF) last posted its earnings results on Wednesday, August 21st. The company reported ($1.06) earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $200.70 million for the quarter, compared to analyst estimates of $201.11 million.

Institutional Trading of Wolfspeed

A number of institutional investors and hedge funds have recently modified their holdings of WOLF. Primecap Management Co. CA raised its position in shares of Wolfspeed by 15.3% during the 2nd quarter. Primecap Management Co. CA now owns 6,045,310 shares of the company’s stock worth $137,591,000 after purchasing an additional 800,540 shares during the period. Vanguard Group Inc. increased its position in Wolfspeed by 3.6% in the first quarter. Vanguard Group Inc. now owns 13,079,067 shares of the company’s stock worth $385,832,000 after buying an additional 449,732 shares during the period. Samlyn Capital LLC lifted its stake in Wolfspeed by 51.6% in the second quarter. Samlyn Capital LLC now owns 1,009,137 shares of the company’s stock valued at $22,968,000 after buying an additional 343,277 shares during the last quarter. Rheos Capital Works Inc. boosted its holdings in shares of Wolfspeed by 140.8% during the third quarter. Rheos Capital Works Inc. now owns 427,500 shares of the company’s stock valued at $4,147,000 after acquiring an additional 250,000 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Wolfspeed by 30.5% during the second quarter. Dimensional Fund Advisors LP now owns 637,581 shares of the company’s stock worth $14,513,000 after acquiring an additional 149,093 shares during the last quarter.

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.