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 114pershareforQ2fiscal2025[2]−TheZacksConsensusEstimateforQ2fiscal2025lossis1 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 17937million,indicatinga139350-70millionasproductionrampsup[7]−Thecompanyhasastrongbacklogofdesignwins,supportingover125carmodelsacrossmorethan30OEMs,whichisexpectedtobeatailwindinQ2[7]−InfiscalQ12025,Wolfspeedrecorded1 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]
Wolfspeed(WOLF) ZACKS·2025-01-27 16:56