Earnings Report and Estimates - Wolfspeed is scheduled to report its second-quarter fiscal 2025 results on Jan 29 [1] - The company expects a non-GAAP net loss between 89 cents and $1 14 per share for Q2 fiscal 2025 [2] - The Zacks Consensus Estimate for Q2 fiscal 2025 loss is $1 01 per share, compared to a loss of 55 cents per share in the year-ago quarter [2] - Wolfspeed anticipates Q2 fiscal 2025 revenues in the range of $160-$200 million [2] - The consensus revenue estimate is $179 37 million, indicating a 13 93% decline from the year-ago quarter [3] Performance and Market Position - Wolfspeed's fiscal Q2 performance is expected to benefit from its strong position in the semiconductor market, particularly in the EV and high-voltage power sectors [4] - The company's EV revenues grew over 250% year-over-year in fiscal Q1, with momentum expected to continue in Q2 [5] - Wolfspeed is focusing on becoming a leader in 200-millimeter silicon carbide by cutting costs and optimizing investments, which is expected to enhance profitability and operational efficiency [6] - The company aims to capitalize on the growing demand for silicon carbide in the global EV shift, as well as in industrial and energy markets [6] Revenue and Design Wins - Wolfspeed anticipates increased revenue contributions from its Mohawk Valley facility, targeting $50-$70 million as production ramps up [7] - The company has a strong backlog of design wins, supporting over 125 car models across more than 30 OEMs, which is expected to be a tailwind in Q2 [7] - In fiscal Q1 2025, Wolfspeed recorded $1 3 billion in design wins (its third highest on record) and $1 5 billion in design-ins, with approximately 70% for EV platforms [8] - The trend of strong design wins is expected to continue in Q2 [8] Competitive and Market Challenges - Increasing competitive pressure, delays in expected EV demand, persistent supply chain constraints, and weakness in the industrial and energy domain across Asia, particularly China, are expected to negatively impact Wolfspeed's top line in Q2 [8] Stocks to Consider - Bill Holdings (BILL) has an Earnings ESP of +29 71% and a Zacks Rank 1, with shares gaining 17 4% in the trailing 12 months [11] - AMETEK (AME) has an Earnings ESP of +0 54% and a Zacks Rank 2, with shares gaining 13 7% in the trailing 12 months [12] - CyberArk Software (CYBR) has an Earnings ESP of +2 71% and a Zacks Rank 2, with shares surging 52 4% in the trailing 12 months [12]

Group 1 - Wolfspeed is investing heavily in improving its manufacturing capabilities, which is expected to be a significant growth driver for the company [1] - The company continues to experience cash burn as it pursues these investments [1] - Wolfspeed is highlighted as a key player in the artificial intelligence sector, suggesting that investors in AI stocks should pay attention to this company [1] Group 2 - The discussion includes Wolfspeed's business strategy and growth opportunities, indicating a focus on long-term potential despite current financial challenges [1] - Potential risks associated with the company's strategy are acknowledged, emphasizing the need for careful consideration by investors [1]

Core Viewpoint - Wolfspeed (WOLF) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ending December 2024, with a consensus outlook indicating a significant impact on its near-term stock price based on actual results compared to estimates [1][2]. Earnings Expectations - The upcoming earnings report is expected to show a quarterly loss of $1.01 per share, reflecting a year-over-year change of -83.6%, with revenues projected at $179.37 million, down 13.9% from the previous year [3]. - The consensus EPS estimate has been revised 0.74% higher in the last 30 days, indicating a slight reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Wolfspeed is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.49%, indicating a bearish outlook from analysts [10][11]. - Historically, Wolfspeed has beaten consensus EPS estimates three out of the last four quarters, with a recent surprise of +9.90% when it reported a loss of $0.91 instead of the expected loss of $1.01 [12][13]. Stock Movement Potential - The stock may experience upward movement if the actual earnings exceed expectations, while a miss could lead to a decline [2]. - Despite the negative Earnings ESP reading, it does not definitively indicate an earnings miss, as other factors can influence stock performance [9][14]. Conclusion - Wolfspeed does not currently appear to be a strong candidate for an earnings beat, and investors should consider additional factors when making decisions regarding the stock ahead of the earnings release [16].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Wolfspeed, Inc. securities between August 16, 2023, and November 6, 2024, about the January 17, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by January 17, 2025, to serve as lead plaintiff [2] - The lawsuit concerns Wolfspeed's Mohawk Valley fabrication facility and alleges that the company misrepresented its growth potential and operational status [4][5] Group 2: Allegations Against Wolfspeed - The complaint claims that Wolfspeed provided overly positive revenue projections while concealing material adverse facts about its growth potential [5] - To meet its projections, Wolfspeed would need to cancel future projects, including a facility in Saarland, Germany, and terminate a significant portion of its workforce [5] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and ranking No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3]

WOLF DEADLINE TODAY: ROSEN, A LEADING NATIONAL FIRM, Encourages Wolfspeed, Inc. Investors to Secure Counsel Before Important January 17 Deadline in Securities Class Action - WOLF ...

DEADLINE TODAY: Investors Are Invited To Contact The Schall Law Firm About A Securities Fraud Case Against Wolfspeed, Inc. ...

FINAL REMINDER WOLF DEADLINE: Bronstein, Gewirtz & Grossman LLC Alerts Wolfspeed, Inc. Investors to Participate in the Class Action Lawsuit ...

LOS ANGELES, Jan. 17, 2025 /PRNewswire/ --  The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE: WOLF) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), a ...

Wolfspeed (WOLF) shares soared 38.6% in the last trading session to close at $6.68. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 38.6% loss over the past four weeks.Wolfspeed is benefiting from its transformation into a pure-play silicon carbide provider through portfolio optimization, including the sale of its RF business. It has also recently completed an offering of 27.8 million shares, raising approximately $200 million to ...

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment inWolfspeed, Inc. of Class Action Lawsuit and Upcoming Deadlines - WOLF ...