Wolfspeed Inc. (NYSE: WOLF) is a tech stock being monitored by analysts. Susquehanna lowered the price target to $1.50 on July 22 amidst a Q2 preview, citing potential tariff-related demand pull-ins and AI strength. However, there’s increased uncertainty for the latter half of 2025 in the semiconductor market. In FQ3 2025, Wolfspeed saw 50% revenue growth at its Mohawk Valley facility, with $78 million in revenue. The company has established a 200-millimeter manufacturing footprint for silicon carbide solutions and received $192 million in cash tax refunds.
Wolfspeed is engaging with customers for 200-millimeter material sampling but is also undergoing restructuring, including a 30% reduction in senior leadership and projected charges of $400-450 million for FY2025. Free cash flow in the quarter was negative at $168 million. The company focuses on silicon carbide and gallium nitride/GaN technologies globally, with operations in Europe, Hong Kong, China, and the US.
While there is potential in investing in WOLF, other AI stocks might offer greater upside and lower risk. Insider Monkey’s report highlights an undervalued AI stock that could benefit from tariffs and onshoring trends. The article also discusses other stocks with potential growth in the coming years. No disclosures were mentioned in the article.
Read more at Yahoo Finance: Susquehanna Lowers Wolfspeed (WOLF) PT to $1.50 Amid Q2 Semiconductor Preview
