tiprankstipranks
Trending News
More News >

Wolfspeed Appoints New COO to Boost Operations

Story Highlights
Wolfspeed Appoints New COO to Boost Operations

Confident Investing Starts Here:

An update from Wolfspeed ( (WOLF) ) is now available.

On May 22, 2025, Wolfspeed appointed David Emerson, Ph.D., as Executive Vice President and Chief Operating Officer, effective no later than June 30, 2025. Dr. Emerson, who previously held various roles at Wolfspeed, including EVP of LED Products, will oversee operations, supply chain, and quality divisions, focusing on operational excellence and the company’s transition to 200-millimeter silicon carbide production. This strategic appointment aims to enhance Wolfspeed’s market position by reducing customer lead times and improving manufacturing efficiency. The company also announced its financial targets, including achieving positive cash flow by FY2026 and FY2027, as part of its operational restructuring and debt refinancing efforts.

The most recent analyst rating on (WOLF) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Wolfspeed stock, see the WOLF Stock Forecast page.

Spark’s Take on WOLF Stock

According to Spark, TipRanks’ AI Analyst, WOLF is a Neutral.

Wolfspeed’s overall stock score is mainly driven by significant financial challenges, including ongoing losses and a high debt load, which weigh heavily on its score. Technical indicators show bearish momentum, further impacting the score negatively. However, the recent CEO appointment and strategic focus on Silicon Carbide technology provide some positive outlook.

To see Spark’s full report on WOLF stock, click here.

More about Wolfspeed

Wolfspeed, Inc. is a leading company in the adoption of silicon carbide technologies, which power disruptive innovations globally. The company specializes in silicon carbide material, power modules, discrete power devices, and power die products, targeting applications in automotive, industrial, and energy markets.

Average Trading Volume: 33,816,621

Technical Sentiment Signal: Strong Sell

Current Market Cap: $266.1M

For an in-depth examination of WOLF stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App