Wolfspeed signs BorgWarner deal: November 4 results for Wolfspeed stock

Published on 10/29/2026 at 14:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June-quarter revenue fell 24.10 percent to USD 149.60 million. Wolfspeed stock traded at EUR 23.02 on October 29, 2026.

Wolfspeed expands automotive supply

Wolfspeed announced the BorgWarner agreement on October 28, 2026, covering 800V silicon carbide inverter systems.
Revenue fell 24.10 percent year over year to USD 149.60 million in the June quarter.
Susquehanna cut its target from USD 30.00 to USD 25.00 on October 21, 2026.

WOLF, US97785W1062, Illustration mit AI erstellt.

Wolfspeed (US97785W1062) announced a multiyear silicon carbide supply agreement with BorgWarner on October 28, 2026, according to Wolfspeed. The partnership supports BorgWarner's next-generation 800V silicon carbide inverter platform. Wolfspeed stock also faces the company's next results date on November 4, 2026.

BorgWarner deal targets 800V systems

The agreement links Wolfspeed's 1200V silicon carbide technology with BorgWarner's 800V inverter architecture for electric vehicles and power conversion. Wolfspeed said its manufacturing network has fully transitioned to 200 mm wafers, a production detail that gives the announcement a clear capacity angle.

What does the deal add?

The commercial announcement arrives against a difficult operating backdrop. Wolfspeed generated USD 149.60 million of revenue in the quarter ended June 28, 2026, down 24.10 percent from USD 197.00 million a year earlier. The company also reported a consolidated net loss of USD 145.30 million for that quarter. These figures make the long-term customer relationship strategically relevant, but they do not yet quantify the agreement's revenue contribution.

The recent chronology shows the balance between financing and execution. On October 7, 2026, Wolfspeed announced conditional financing of up to USD 1.5 billion. On October 15, 2026, it set November 4, 2026, for its fiscal first-quarter call. On October 28, 2026, the BorgWarner agreement added an automotive customer commitment.

Upcoming reporting date

MarketBeat said Wolfspeed is expected to report fiscal first-quarter 2027 results after the market close on November 4, 2026. Its cited consensus forecast was a loss of USD 1.98 per share and revenue of USD 149.86 million.

Susquehanna analyst Christopher Rolland lowered the price target from USD 30.00 to USD 25.00 on October 21, 2026, while maintaining a Neutral rating, Markets Insider reported.

Trading ahead of the results

Wolfspeed was trading at EUR 23.02 at Lang & Schwarz on October 29, 2026, at 2:15 p.m. CET. The quote is a dated intraday indication; the Xetra comparison close is not stated here.

The further course of trading is shown by the continuously updated real-time quote of Wolfspeed stock.