Form 8-K WOLFSPEED, INC. For: May 01
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Wolfspeed (WOLF) PT Lowered to $31 at JPMorgan
May 2, 2024 7:39 AM EDTJPMorgan analyst Samik Chatterjee lowered the price target on Wolfspeed (NYSE: WOLF) to $31.00 (from $35.00) while maintaining a Neutral rating.
The analyst comments "Wolfspeeds F3Q24 (Mar-end) results and outlook were once again plagued by headwinds in the Industrial & Energy (I&E) market, led by an inventory build-up across channels, particularly in Asia, as the company is guiding for another step down in Durham-Power Product revenue in F4Q24 ($62.5 mn vs. $74 mn in F3Q and $96 mn in F2Q). Importantly, the aforementioned... More
Wolfspeed (WOLF) PT Lowered to $25 at Citi
May 2, 2024 6:00 AM EDTCiti analyst Atif Malik lowered the price target on Wolfspeed (NYSE: WOLF) to $25.00 (from $29.00) while maintaining a Neutral rating.
The analyst comments "WOLF stock was down 5% after-hours as Mohawk Valley Fab (MVF) outperformance was offset by the Mar-Q margin miss as well as the... More
