Downgrades Neutral Underperform X

WOLF Wolfspeed

Mizuho

$17 $8

Reiterated Buy X

WOLF Wolfspeed

Goldman

$48 $28

Reiterated Hold X

WOLF Wolfspeed

TD Cowen

$25 $15

Downgrades Buy Neutral X

WOLF Wolfspeed

New Street

$18

Downgrades Buy Hold X

WOLF Wolfspeed

TD Cowen

$40 $25

Downgrades Outperform Mkt Perform X

WOLF Wolfspeed

William Blair

Downgrades Overweight Eq Weight X

WOLF Wolfspeed

Wells Fargo

$55 $30

Initiated Hold X

WOLF Wolfspeed

Jefferies

$46

Downgrades Outperform Perform X

WOLF Wolfspeed

Oppenheimer

Downgrades Overweight Neutral X

WOLF Wolfspeed

JP Morgan

$100 $65

Downgrades Buy Neutral X

WOLF Wolfspeed

Citigroup

$95 $66

Initiated Neutral X

WOLF Wolfspeed

Susquehanna

$90

Upgrades Neutral Overweight X

WOLF Wolfspeed

JP Morgan

$130 $160

Initiated Outperform X

WOLF Wolfspeed

William Blair

Resumed Buy X

WOLF Wolfspeed

Canaccord Genuity

$140

Initiated Outperform X

WOLF Wolfspeed

Evercore ISI

$155

Reiterated Outperform X

WOLF Wolfspeed

Cowen

$100 $125

Upgrades Neutral Buy X

WOLF Wolfspeed

Goldman

$125 $108

Upgrades Perform Outperform X

WOLF Wolfspeed

Oppenheimer

$105

WOLF  Wolfspeed, Inc.

Wolfspeed, Inc. provides silicon carbide and gallium nitride (GaN) materials, power devices, and radio frequency (RF) devices based on wide bandgap semiconductor materials and silicon. The company's silicon carbide and GaN materials comprise silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. It offers silicon carbide materials for customers to manufacture products for RF, power, and other applications. The company's power devices include silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for customers and distributors to use in applications, such as electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. Its RF devices comprise GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company's products are also used in transportation, fast charging, wireless systems, 5G, motor drives, renewable energy and storage, and aerospace and defense applications; and materials products and RF devices are used in military communications, radar, satellite, and telecommunication applications. It serves customers in North America, Asia, and Europe. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.