Wolfspeed WOLF Stock’s Wild Comeback: From Bankruptcy to Boom – Price, News & Expert Forecasts
Wolfspeed stock surged over 1,000% intraday on September 29, 2025, after emerging from Chapter 11 bankruptcy and slashing debt by about 70%. Shares traded near $30.36 on October 9, giving a market cap of $0.7–0.8 billion. Most old equity was wiped out, with existing shareholders retaining only 3–5% of the company. Analysts rate the stock a Hold, with average 12-month price targets of $8–10.