Wolfspeed Inc

The stock is entrenched in a Stage 4 decline confirmed by a support failure and bearish moving-average alignment. Medium-term bias remains bearish, but short-term timing is inconclusive as price consolidates near broken support below the 9-, 20- and 50-day EMAs. Execution should be deferred (Trim) into resistance at the former $28 support zone around the 20- and 50-day EMAs, seeking rejection. The long-term trend via the rising 200-day SMA remains intact but secondary to the current downtrend.

• ↑Introduced first 10 kV SiC MOSFET, reinforcing high-voltage leadership.
• ↑AI revenue grew 50% QoQ in Q3 FY2026, diversifying end markets.
• ↓Gross margin of –20.6% highlights ongoing profitability drag.