Nov 10, 2026
63,500 Wolfspeed, Inc. $WOLF Shares Bought by Penn Capital Management Company LLC
Penn Capital Management Company LLC increased its stake in Wolfspeed, Inc. by 12.4% in the third quarter, acquiring 63,500 additional shares to hold a total of 577,475 shares valued at approximately $16.27 million. Despite reporting quarterly revenue of $155 million which surpassed estimates, Wolfspeed recorded an EPS loss of $2.03, missing consensus expectations and marking a 21.2% year-over-year revenue decrease. Analysts currently maintain a "Hold" rating on the stock with an average price target of $22.67.
Company relevance
100.00%
Company sentiment
Somewhat-Bearish
Overall sentiment
Neutral
Oct 30, 2026
Wolfspeed Commercializes Transparent Silicon Carbide Substrates for Quantum Computing and Integrated Photonics
Wolfspeed, Inc. has launched its transparent silicon carbide (TSiC™) wafer technology, aiming to provide scalable substrates for quantum computing and integrated photonics. This technology, available in 150 mm and 200 mm wafers, addresses manufacturing bottlenecks for wide-bandgap quantum devices and offers an alternative to synthetic diamond. TSiC™ enables monolithic integration of spin qubits, optical waveguides, and single-photon routing channels within the same crystal layer.
Company relevance
100.00%
Company sentiment
Bullish
Overall sentiment
Bullish