We recently published a list of Billionaire George Soros’ 10 Small-Cap Stocks with Huge Upside Potential. In this article, we are going to take a look at where Wolfspeed, Inc. (NYSE:WOLF) stands against Billionaire George Soros’ other small-cap stocks with huge upside potential.
When a legendary investor like George Soros makes a move, Wall Street pays attention. However, most of the limelight is taken by mega-cap stocks, with no one paying heed to the many small-cap stocks that form an important part of Soros’ portfolio.
Digging out these small-cap stocks is important. In some cases, these are the mega-cap stocks of the future. In other cases, these provide amazing returns in a very short period of time. The key is to get in early. And what better way to get in early than to do it when the big guys do.
We therefore decided to compile a list of stocks in billionaire George Soros’ portfolio that have the most upside. To come up with our list of billionaire George Soros’ 10 Small-Cap stocks with huge upside potential, we first looked at his top 50 stock holdings. We then filtered out the companies to look at only the ones with a market cap below $10 billion.
After arriving at his top small-cap holdings list, we then looked at the median analyst price targets on those stocks and then ranked them by their upside potential.
A worker assembling metal oxide semiconductor field effect transistors (MOSFETs) on a conveyer belt.
Wolfspeed, Inc. (NYSE:WOLF)
Wolfspeed, Inc. (NYSE:WOLF) is a manufacturer of equipment for the semiconductor industry, specializing in silicon carbide wafers and GaN epitaxial layers on these wafers. The GaN layer significantly improved the device performance as compared to just using traditional silicon. The stock is down 60% in a month but offers great value as the median analyst price target expects the stock to double from here on.
The reason for the stock’s recent downfall was speculation that Wolfspeed (NYSE:WOLF) may not receive any more funding under the CHIPS Act. This funding is not only crucial for the company’s capital-intensive needs but is also required to keep its balance sheet in shape.
The company’s management was quick to come up with alternate plans if the CHIPS Act funding is stopped. For instance, it received $192.1 million in tax refunds recently, which should help it with the financial requirements. The company expects to receive $600 million in FY26 in the form of tax refunds.
Wolfspeed (NYSE:WOLF) continues to look at alternative avenues of funding in case the Trump administration removes it as a CHIPS Act beneficiary:
“Wolfspeed continues to explore alternatives with regard to its convertible notes, in partnership with its advisors, and remains in a dialogue with lenders, including Apollo and Renesas.”
Overall, WOLF ranks 2nd on our list of Billionaire George Soros’ small-cap stocks with huge upside potential. While we acknowledge the potential of WOLF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than WOLF but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.