NAS10030,808+1.00%S&P7,723+0.73%GOLD$4,160−0.06%BTC$85,503+0.87%VIX15.31−6.59%live tape · as of 05:02 UTC
The Screen · Technology · Semiconductors
Wolfspeed, Inc.
WOLF · the NYSE · USD · Market cap $1.9B · 3,434 employees
Wolfspeed, Inc., a semiconductor company, focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia Pacific, the United States, and internationally.
Not yet scored
35.28 USD
Screen close, 2026-10-02 · not a live quote
Screened 2026-10-02 · the tape above runs as of 05:02 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 35.28 against the desk's fair-value range, base estimate 27.50, over the last year.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical screen not yet scored
Price35.28 USD
Fair value27.50
Ethical score70.0/100
Our investment reviews on this name
2026-10-02Read Accumulation27.71+27.3% to today ✓
2026-09-17Read Markdown24.02+46.9% to today
2026-08-18Read Distribution32.87+7.3% to today
2026-07-02Read Markup43.14-18.2% to today
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Wolfspeed, Inc. holds its Accumulation at $35.28. Consolidating, no directional conviction, held for 21 days.
As held on the ledger · 2026-10-02
Phase
Accumulation
Quantitative state
Consolidating, no directional conviction, held for 21 days
Price at the screen
$35.28
Valuation
N/A trailing · -6.05 forward price to earnings
Values screen
Not scored· score 70.0
The Workings
Five Screens, Shown in Full
This security has not been fully scored against the values screen yet.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
Excluded
Below 33%
Interest-bearing debt is of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
Excluded
Below 33%
Interest-bearing cash and securities are of assets, above the one-third limit.
Fail
Receivables
Excluded
Below 49%
Money owed to the company is of assets, above the 49% limit.
Fail
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
The Read, in Plain English
Wolfspeed, clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
Read as at 2026-10-04. It updates when the underlying figures move, and past reads are kept below.
Fair value range in USD, drawn from the 2026-10-02 screen. The gold marker is the market price at the same screen. The price runs 22.1% above the base estimate.
Third-party analyst targets: 2 covering, consensus Hold. The average target sits −22% from the screen price.
Reading the gap · Both our model and the Street see limited upside at this price.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-02 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Silicon carbide bets in a shrinking market
Picture an EV supply chain that suddenly stops ordering the advanced chips it once craved. Wolfspeed sits right in that slowdown, posting revenue down 19 percent and margins at minus 73 percent. The negative forward multiple looks cheap on paper, yet this is the classic cyclical trap where trough earnings produce deceptively low ratios that later collapse further when demand stays weak.
We pass because the business shows no durable edge and the single analyst target of 40 dollars rests on hopes of a swift rebound that history rarely delivers on cue. Heavy losses and an 84 percent negative return on equity underline that the current price reflects real operating stress rather than overlooked value.
Currency swings, customer concentration and execution risk in a capital-heavy industry add further downside. The ethical screen clears, but the cycle itself is the binding constraint. Analysis, not advice.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
WOLF trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 15.4% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A. Technically it is momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 52%. The street (1 analysts) rates it hold, with a mean price target of $40. Since the last review it dropped out of the Tech 100; its composite score eased.
2026-09-17Markdown · changed$24.02-26.9%Entry 5
The framework has shifted from distribution to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 26.9% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A. Technically it is momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 52%. The street (1 analysts) rates it hold, with a mean price target of $40.
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 23.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A. Technically it is momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 52%. The street (1 analysts) rates it hold, with a mean price target of $40.
2026-07-18Markup$43.14+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A. Technically it is momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 52%. The street (1 analysts) rates it hold, with a mean price target of $40.
2026-07-03Markup$43.14+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Markup$43.14Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
