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Wolfspeed Inc ( (WOLF) ) has shared an announcement.
On January 29–30, 2026, Wolfspeed completed a key step in its court-approved Chapter 11 restructuring by issuing 16,852,372 shares of common stock to Renesas Electronics America and distributing 871,287 shares to pre-petition shareholders, representing the final 2% of a 5% equity recovery for legacy equity holders. These issuances followed formal clearance from the Committee on Foreign Investment in the United States (CFIUS) for Renesas’s substantial equity stake and board representation, triggering the exercisability of Renesas’s warrant for 4,943,555 shares and the convertibility of its 2.5% Convertible Second-Lien Senior Secured Notes due 2031; Wolfspeed’s total common shares outstanding rose to about 45.1 million, and Renesas executive Aris Bolisay was appointed to Wolfspeed’s board effective February 2, 2026, cementing Renesas’s role as a strategic creditor-turned-shareholder and reshaping Wolfspeed’s capital structure and governance as it exits its prepackaged restructuring.
The most recent analyst rating on (WOLF) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Wolfspeed Inc stock, see the WOLF Stock Forecast page.
Spark’s Take on WOLF Stock
According to Spark, TipRanks’ AI Analyst, WOLF is a Neutral.
Wolfspeed Inc’s overall stock score is primarily impacted by its poor financial performance, with negative margins and high leverage. Technical analysis indicates bearish momentum, and valuation metrics are weak. However, recent corporate events, including a successful restructuring and significant tax refund, provide some positive outlook.
To see Spark’s full report on WOLF stock, click here.
More about Wolfspeed Inc
Wolfspeed, Inc. (NYSE: WOLF) is a global leader in silicon carbide technology and production, supplying silicon carbide materials, power modules, discrete power devices and power die products for a range of applications. The company focuses on enabling the worldwide adoption of silicon carbide-based semiconductors to power high-performance and energy-efficient technologies across industrial, automotive and other disruptive innovation markets.
Average Trading Volume: 1,364,670
Current Market Cap: $452.1M
Learn more about WOLF stock on TipRanks’ Stock Analysis page.