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Added to YB: 2026-09-21

Pitch date: 2026-09-18

WOLF [bearish]

Wolfspeed, Inc.

Author Info

No bio for this author

Company Info

Wolfspeed, Inc., a semiconductor company, focuses on silicon carbide materials and devices for power applications in Europe, Hong Kong, Singapore, China, rest of Asia Pacific, Japan, the United States, and internationally.

Market Cap

$1.4B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

-6.78

P/E

172.22

EV/Sales

3.10

Sector

Semiconductors and Semiconductor Equipment

Category

special_situation

Show full summary:
Power Semiconductors: The Follow-Up - Wolfspeed, Inc.

WOLF (overview): Wolfspeed’s early move into commercial 200mm SiC substrates and AI-datacenter growth have not translated into stronger overall results: Q4 FY2026 revenue fell 24% year over year and Materials Products revenue dropped 45% amid Chinese pricing pressure. Despite emerging from Chapter 11 after converting $4.6B of debt into equity, it still has $557.8M of net debt and negative TTM gross profit, while trading at 5.6x LTM and 3x NTM EV/sales.

Read full article (4 min)