From Yahoo Finance: 2025-05-09 16:11:00

Wolfspeed reported Q3 2025 numbers, beating earnings but disappointing with its 2026 sales guidance due to debt and macro headwinds. Shares crashed 25.8% on Friday, with a predicted 29.3% decline. Q3 revenue slightly missed estimates, and the company’s 2026 sales forecast fell short by $108.7 million.

The company’s silicon carbide chips face slow EV market adoption and tariff impacts. Uncertainty in capital access raises concerns, especially with potential federal funding repeal. Despite interesting technology, Wolfspeed stock is risky. The Motley Fool advised against buying, suggesting 10 other stocks for potential high returns.

Read more: Why Wolfspeed Stock Plummeted 25.8% Today