tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Wolfspeed Inc Receives $698.6M IRS Tax Refund

Story Highlights
Wolfspeed Inc Receives $698.6M IRS Tax Refund

TipRanks Cyber Monday Sale

An update from Wolfspeed Inc ( (WOLF) ) is now available.

On December 1, 2025, Wolfspeed, Inc. announced the receipt of $698.6 million in cash tax refunds from the IRS under the Advanced Manufacturing Investment Credit, significantly enhancing its financial flexibility. This cash infusion supports Wolfspeed’s strategic evolution, allowing it to retire $175 million of outstanding debt and continue its expansion into key growing segments while advancing its 200mm silicon carbide manufacturing capabilities.

The most recent analyst rating on (WOLF) stock is a Sell with a $19.00 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’s overall stock score is heavily impacted by its poor financial performance, characterized by declining revenues and significant cash flow issues. Technical analysis provides mixed signals, with high volatility and overbought conditions. The valuation is unattractive due to negative earnings and lack of dividends.

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

More about Wolfspeed Inc

Wolfspeed, Inc. is a global leader in silicon carbide technology and production, focusing on silicon carbide materials, power modules, discrete power devices, and power die products. The company targets various applications, including AI data centers, aerospace and defense, industrial and energy, and the electric vehicle market.

Average Trading Volume: 4,696,130

Current Market Cap: $525.1M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1