Wolfspeed stock forecast the latest Wolfspeed stock forecast

The latest Wolfspeed stock forecast integrates industry-wide data suggesting silicon carbide market CAGR of 33% through 2028, reinforcing bullish case for long-term holders seeking exposure to advanced semiconductor tech. Wolfspeed's SiC chips are used in some AI servers, but it still generates most of its revenue from the EV market. Its revenue surged 42% in fiscal 2022 (which ended in June 2022) as the EV market bounced back from its pandemic-induced slowdown. Its revenue rose another 24% in fiscal 2023 as it maintained that momentum. On September 29, 2025, Wolfspeed cancelled all previously issued and outstanding shares of its common stock. Existing common stockholders received a pro rata share of 1,306,903 new shares at an exchange ratio of 0.008352. If certain regulatory milestones are achieved before the Regulatory Trigger Deadline, stockholders will receive an additional 871,287 shares, totaling 2,178,190 shares at a consolidated exchange ratio of 0.013920. If the deadline occurs without achieving these milestones, no additional shares will be distributed. Based on updated Q1 FY2024 data, Wolfspeed stock forecast has been revised upward by several brokerages, citing improved gross margins from manufacturing efficiencies. The ticker’s RSI suggests neutral momentum in the near term, appealing to medium-horizon traders.