What's priced into Wolfspeed Inc.?
What do you have to believe to make money in Wolfspeed Inc. at $26.35? The stock trades at 1.4x trailing earnings and its own trailing growth runs about 8% a year. The question is where do we go from here?
Growth down the side, exit multiple across the top, your five-year annualized return in each cell.
The expectations grid · 5-year annualized return
| EPS growth ↓ · Exit multiple → | 0.7x −50% | 1.0x −25% | 1.4x today | 1.7x +25% |
|---|---|---|---|---|
| −4% (decline) | −16% | −9% | −4% | +0% |
| 0% (no growth) | −13% | −6% | +0% | +5% |
| 4% (half) | −9% | −2% | +4% | +9% |
| 8% (baseline 8%) | −6% | +2% | +8% | +13% |
| 10% (beat) | −4% | +4% | +10% | +15% |
| 12% (big beat) | −2% | +6% | +12% | +17% |
“Wolfspeed is the only Western pure-play silicon-carbide maker, fresh out of Chapter 11, now carrying $1.8B of debt against $1.16B of cash and a restored…”
From our WOLF write-up.
Read the WOLF write-up →Method. Trailing diluted EPS of $19.10 (price $26.35 ÷ 1.4x trailing P/E; data from Financial Modeling Prep, August 21, 2026). Exit multiples are anchored to the stock itself: 50% and 25% below today's multiple, today's, 25% above. Growth rows are anchored to the company’s own trailing growth: a decline at half the center rate, zero, half, the center, 25% above, and 50% above. Cell shading scales with the return, green positive, red negative. Each cell: EPS compounds at the row's rate for five years, the stock is valued at the column's multiple in year five, and the result is the annualized return against today's price. Dividends and buybacks excluded. An illustrative surface, not a forecast and not a call.