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Wolfspeed Plans Corporate Move Amid Bankruptcy

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Wolfspeed Plans Corporate Move Amid Bankruptcy

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Wolfspeed ( (WOLF) ) has shared an update.

Wolfspeed plans to convert from a North Carolina corporation to a Delaware corporation by September 29, 2025, as part of its strategic restructuring plan. The company is undergoing Chapter 11 bankruptcy proceedings, warning that trading in its securities is highly speculative and may result in significant losses for equity holders.

The most recent analyst rating on (WOLF) stock is a Hold with a $2.00 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 primarily impacted by its poor financial performance, characterized by declining revenues, high leverage, and negative cash flows. Technical analysis provides some short-term positive signals, but the long-term trend remains bearish. The negative P/E ratio and lack of dividend yield further weigh down the stock’s attractiveness.

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

More about Wolfspeed

Average Trading Volume: 58,821,816

Technical Sentiment Signal: Sell

Current Market Cap: $347.4M

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

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