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The latest announcement is out from Wolfspeed ( (WOLF) ).
On May 28, 2025, Wolfspeed, Inc. announced the appointment of Kevin Speirits as Interim Chief Financial Officer, effective May 30, 2025, following the departure of Neill P. Reynolds. Speirits, who has been with the company since 2020, will receive additional compensation under a retention agreement, which includes milestone-based payments and severance benefits. This strategic move is part of Wolfspeed’s efforts to maintain financial stability and continuity during the transition period.
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’s overall score is primarily impacted by its poor financial performance, characterized by significant operational and liquidity challenges. While technical analysis and valuation indicate negative sentiment and distress, recent corporate appointments offer a glimmer of hope for strategic improvement.
To see Spark’s full report on WOLF stock, click here.
More about Wolfspeed
Wolfspeed, Inc. operates in the technology industry, focusing on semiconductor products. The company is known for its advancements in silicon carbide technology, which is pivotal for power and radio frequency applications, catering to markets such as automotive, industrial, and communications.
Average Trading Volume: 35,047,189
Technical Sentiment Signal: Strong Sell
Current Market Cap: $230.3M
For detailed information about WOLF stock, go to TipRanks’ Stock Analysis page.