Wolfspeed, Inc. has seen a stunning reversal in fortune. As of October 9, 2025, the stock trades around $30.36 per share, giving the company a market capitalization of roughly $0.7–0.8 billion reuters.com companiesmarketcap.com. Just weeks ago, Wolfspeed emerged from Chapter 11 bankruptcy after cutting its debt by ~70% and interest costs by ~60% ts2.tech. This financial restructuring wiped out most of the old equity – existing shareholders were left with only ~3–5% of the reorganized company ts2.tech – but set the stage for a dramatic stock rally. In fact, WOLF exploded over 1,000% intraday on September 29, 2025 and continued to jump ~33% on September 30 to a new 52-week high near $32 ts2.tech ts2.tech. New CEO Robert Feurle declared the completion of bankruptcy as “the beginning of a new era”, saying Wolfspeed is “well positioned to capture rising demand” in fast-growing markets like EVs and AI reuters.com. While bulls point to Wolfspeed’s strengthened balance sheet and leadership in silicon carbide semiconductors, analysts remain cautious – the stock is rated a Hold on average, with consensus 12-month price targets around only $8–10 ts2.tech stockanalysis.com. Below, we dive into the latest stock price, recent news and developments, expert commentary, forecasts for