Analysts expect Wolfspeed to report fourth-quarter revenue of $150.0 million and a non-GAAP loss of $2.45 per share, with the current stock price of $33.61 trading above the average analyst target of $25.00.
The primary focus for investors is the revenue contribution and utilization ramp of the Mohawk Valley Fab as the company completes its strategic shift to 200mm silicon carbide production.
Recent results have been pressured by automotive market softness and the shutdown of the Durham 150mm facility, leading to a projected 24% year-over-year revenue decline. However, 30% sequential growth in AI data center applications and recent balance sheet deleveraging through a $476 million refinancing provide a critical backdrop for the company's long-term liquidity and recovery.