Wolfspeed Announces Restructuring Support Agreement

Wolfspeed ( (WOLF) ) has shared an update.

On June 22, 2025, Wolfspeed announced a Restructuring Support Agreement with key lenders, including holders of senior secured notes, Renesas Electronics, and convertible debtholders. The agreement aims to reduce Wolfspeed’s debt by approximately 70% and annual cash interest payments by 60%, positioning the company for long-term growth and profitability. The restructuring involves a pre-packaged plan of reorganization under Chapter 11, expected to be completed by the end of the third quarter of 2025. Wolfspeed will continue its operations, serving customers and paying vendors as usual, with existing equity holders receiving a small percentage of new common equity.

The most recent analyst rating on (WOLF) stock is a Buy with a $25.00 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 faces substantial financial challenges, with negative margins and significant debt, which are major concerns for long-term viability. Despite restructuring efforts and leadership changes, immediate financial health remains precarious. The technical analysis indicates bearish momentum, while valuation metrics do not currently favor investment, resulting in a low overall stock score.

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

More about Wolfspeed

Wolfspeed, Inc. is a leader in the silicon carbide technology market, providing advanced semiconductor technology. The company focuses on silicon carbide materials, power modules, discrete power devices, and power die products for various applications, aiming to drive innovation in electrification and energy efficiency.

Average Trading Volume: 35,323,132

Technical Sentiment Signal: Strong Sell

Current Market Cap: $140.1M

See more insights into WOLF stock on TipRanks’ Stock Analysis page.