Wolfspeed

WOLF

Market cap $525M

Traders like heavily shorted stocks for two main reasons: either to bet on a decline in the company's value, or to profit from a short squeeze.

In an interview released on Friday, Wolfspeed's CEO said his company will work to diversify its customer base, looking beyond electric vehicles. Wolfspeed is still in a precarious position, and its stock could continue to see dilution.

Navitas and Wolfspeed both produce next-gen chips for demanding markets. Navitas operates a nimbler business model, but its stock looks overvalued.

Buying into stocks that might be next on Washington's list could be a good way to see gains.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc., a global leader in silicon carbide technology, today announced its new 1200V SiC six-pack power modules that redefine performance benchmarks for high-power inverters. By combining its latest advanced Gen 4 SiC MOSFET technology and innovative packaging, Wolfspeed's modules deliver three times more power cycling capability at operating temperature than competing solutions, and 15% higher inverter current capability in an industry-standard footprint.

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in innovative silicon carbide power solutions, today announced a collaboration with Hopewind, a global innovator in renewable energy solutions. Together, the two companies will advance the development of the next generation of wind power solutions by integrating Wolfspeed's cutting-edge 2.3kV LM Pack Module into Hopewind's advanced highly modular and lightweight 950Vac Wind Power Converter. Hopewind, one of the largest.

Wolfspeed which came out of a quick Chapter 11 bankruptcy, was on a fine run until last week when its Q1 results were announced. Positive YoY revenue growth of 1% was the first in 6 quarters, but this appears to be a temporary boost from accelerated purchases that won't be repeated. Softness still continues to dominate WOLF's markets, and the upcoming Q2 revenue of $170m will likely be the lowest print in 18 quarters.

Silicon carbide semiconductor solutions provider Wolfspeed, Inc., emerged from bankruptcy in late September with a substantially improved balance sheet and decent liquidity. Last week, WOLF reported Q1/FY2026 results largely in line with muted expectations. However, management now expects market weakness to persist for the entire fiscal year. In addition, the recent bankruptcy appears to have resulted in some market share losses.

One of the worst stocks on Wall Street that hardly anybody talked about yesterday was Wolfspeed Inc (NYSE:WOLF), which dropped 18.2% to close at $26.16.

Wolfspeed beat Wall Street's sales and earnings targets for fiscal Q1, but there was a big catch. The company issued weak sales guidance for the current quarter.