Wolfspeed: No Evidence Of A Turnaround
Source: SeekingAlpha
2025-01-10 11:06:22 ET
Summary
- Wolfspeed has lost 95% of its value since 2021, underperforming the semiconductor industry by 104%, with no evidence of a trend change.
- The company's revenue and earnings projections have deteriorated significantly, with fiscal 2025 EPS falling from ~$4 to -$3.52, indicating severe fundamental issues.
- Wolfspeed's gross and operating margins have worsened, driven by declining revenues and high restructuring costs, with no signs of improvement in demand.
- Despite high short interest, the stock's long-term downtrend and negative revisions make it unattractive, leading to a Sell rating.
...
Read the full article on Seeking Alpha
For further details see:
Wolfspeed: No Evidence Of A Turnaround
Wolfspeed Inc. New
NASDAQ: WOLF
WOLF Trading
-6.43% G/L:
$63.99 Last:
7,085,500 Volume:
$62.80 Open:
WOLF Latest News
WOLF Stock Data
$712,401,112
19,388,132
8.94%
5
N/A
Semiconductors and Equipment
Technology
US
Durham
