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WOLF

WOLF - Cree, Inc. Stock Price, Fair Value and News

24.28USD-0.20 (-0.82%)Delayed as of 25 Apr 2024, 10:11 am ET

Market Summary

WOLF
USD24.28-0.20
Delayedas of 25 Apr 2024, 10:11 am
-0.82%

WOLF Stock Price

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WOLF RSI Chart

WOLF Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

-4.09

Price/Sales (Trailing)

3.36

EV/EBITDA

886.32

Price/Free Cashflow

-1.41

WOLF Price/Sales (Trailing)

WOLF Profitability

Operating Margin

-29.27%

EBT Margin

-36.65%

Return on Equity

-65.48%

Return on Assets

-10.33%

Free Cashflow Yield

-71.01%

WOLF Fundamentals

WOLF Revenue

Revenue (TTM)

917.4M

Rev. Growth (Yr)

19.91%

Rev. Growth (Qtr)

5.57%

WOLF Earnings

Earnings (TTM)

-753.2M

Earnings Growth (Yr)

-59.19%

Earnings Growth (Qtr)

63.43%

Breaking Down WOLF Revenue

52 Week Range

23.8270.42
(Low)(High)

Last 7 days

-3.0%

Last 30 days

-10.9%

Last 90 days

-28.5%

Trailing 12 Months

-56.5%

How does WOLF drawdown profile look like?

WOLF Financial Health

Current Ratio

5.13

WOLF Investor Care

Shares Dilution (1Y)

1.11%

Diluted EPS (TTM)

-6.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023820.4M874.8M882.8M917.4M
2022663.5M746.2M779.0M779.7M
2021488.2M525.6M566.7M612.8M
2020496.5M470.7M458.5M464.8M
2019669.8M538.2M538.5M523.9M
20181.0B924.9M841.6M753.7M
20171.5B1.5B1.3B1.1B
20161.6B1.6B1.6B1.5B
20151.7B1.6B1.6B1.7B
20141.6B1.6B1.7B1.7B
20131.3B1.4B1.5B1.5B
20121.1B1.2B1.2B1.3B
20111.0B987.6M988.2M1.0B
2010792.3M867.3M966.6M1.0B
20090567.3M642.3M717.3M

Tracking the Latest Insider Buys and Sells of Cree, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 06, 2024
hodge john c
acquired
10,601
28.12
377
-
Feb 06, 2024
smith stacy j
acquired
19,993
28.12
711
-
Feb 02, 2024
replogle john b
bought
260,358
26.0358
10,000
-
Feb 02, 2024
jackson darren r
bought
257,954
25.7954
10,000
-
Feb 02, 2024
smith stacy j
bought
249,018
26.3511
9,450
-
Feb 01, 2024
lowe gregg a
gifted
-
-
-5,518
president & ceo
Dec 26, 2023
jackson darren r
acquired
-
-
-
-
Dec 26, 2023
jackson darren r
gifted
-
-
-6,500
-
Dec 22, 2023
reynolds neill
sold
-134,812
44.9373
-3,000
executive vice president & cfo

1–10 of 50

Which funds bought or sold WOLF recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
WASHINGTON TRUST Co
reduced
-39.11
-11,497
8,083
-%
Apr 23, 2024
AMALGAMATED BANK
reduced
-13.34
-1,423,000
2,028,000
0.02%
Apr 23, 2024
Sugarloaf Wealth Management, LLC
sold off
-100
-6,527
-
-%
Apr 23, 2024
Gradient Investments LLC
unchanged
-
-56.00
118
-%
Apr 23, 2024
OAK HARBOR WEALTH PARTNERS, LLC
reduced
-0.27
-330,030
689,061
0.22%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
unchanged
-
-356,000
749,000
0.03%
Apr 23, 2024
FIFTH THIRD BANCORP
added
56.93
2,210
36,757
-%
Apr 23, 2024
Louisiana State Employees Retirement System
added
2.84
-463,652
1,067,900
0.02%
Apr 23, 2024
Global Retirement Partners, LLC
unchanged
-
-103
944
-%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
added
11.69
-138,447
431,969
-%

1–10 of 45

Are Funds Buying or Selling WOLF?

Are funds buying WOLF calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WOLF
No. of Funds

Unveiling Cree, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
norges bank
5.66%
7,094,940
SC 13G
Feb 13, 2024
vanguard group inc
10.08%
12,629,335
SC 13G/A
Feb 09, 2024
capital international investors
10.6%
13,334,076
SC 13G/A
Feb 09, 2024
capital research global investors
10.8%
13,512,992
SC 13G/A
Jan 23, 2024
blackrock inc.
13.3%
16,750,172
SC 13G/A
Sep 11, 2023
vanguard group inc
10.02%
12,545,424
SC 13G/A
Feb 13, 2023
clearbridge investments, llc
4.6%
5,701,415
SC 13G/A
Feb 13, 2023
capital international investors
9.3%
11,506,795
SC 13G/A
Feb 13, 2023
capital research global investors
12.4%
15,428,273
SC 13G/A
Feb 09, 2023
vanguard group inc
9.60%
11,929,675
SC 13G/A

Recent SEC filings of Cree, Inc.

View All Filings
Date Filed Form Type Document
Mar 04, 2024
8-K
Current Report
Feb 14, 2024
SC 13G
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 06, 2024
4/A
Insider Trading
Feb 06, 2024
4
Insider Trading
Feb 06, 2024
4
Insider Trading
Feb 05, 2024
4
Insider Trading
Feb 05, 2024
4
Insider Trading

Peers (Alternatives to Cree, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.0T
60.9B
-16.13% 203.64%
66.93
32.7
125.85% 581.31%
245.2B
22.7B
-15.05% 81.07%
287.1
10.81
-3.90% -35.30%
162.9B
26.5B
-5.95% 77.25%
22.76
6.15
0.88% 10.98%
145.9B
54.2B
-17.52% 19.46%
86.36
2.69
-14.00% -78.92%
97.4B
11.6B
3.08% 8.48%
34.61
8.42
-8.03% -17.90%
MID-CAP
7.3B
6.5B
-6.31% 35.54%
20.41
1.13
-8.30% -53.02%
4.7B
1.8B
-4.42% 2.64%
26.43
2.6
-11.16% -46.12%
3.3B
1.7B
4.30% -11.05%
14.34
1.96
-16.94% -31.42%
3.2B
1.1B
-9.92% -17.03%
13.07
2.85
22.89% 34.51%
1.7B
226.5M
-17.15% -33.89%
-10.29
7.7
-32.92% -159.10%
SMALL-CAP
1.7B
557.7M
-6.66% 192.92%
21.9
3.04
43.44% 97.00%
599.8M
640.0M
-1.76% -9.32%
-34.98
0.94
-19.44% -128.49%
322.1M
71.9M
-2.02% -53.83%
20.91
4.48
14.14% 8.17%
151.7M
550.0K
-5.00% 9.20%
-7.67
275.88
43.98% -13.47%
69.1M
116.7M
-8.29% -42.71%
-3.6
0.59
15.07% -240.88%

Cree, Inc. News

Latest updates
InvestorPlace • 2 months ago
The Motley Fool • 10 months ago
Value the Markets • 20 months ago
MarketBeat • 2 years ago

Cree, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue5.6%208,400,000197,400,000282,900,000228,700,000173,800,000189,400,000228,500,000188,000,000173,100,000156,600,000145,800,000137,300,000127,000,000115,500,000108,400,000113,900,000120,700,000127,700,000134,200,000141,300,000135,300,000
Gross Profit12.6%27,800,00024,700,00075,800,00068,100,00056,700,00067,700,00078,900,00064,000,00057,000,00049,400,00043,800,00044,000,00041,300,00035,500,00029,100,00041,300,00035,600,00052,500,00061,600,00064,000,00060,800,000
Operating Expenses--------------------111,540,000127,824,000
  S&GA Expenses1.2%64,900,00064,100,00069,250,00060,500,00050,400,00050,000,00055,000,00051,500,00048,000,00049,000,00046,600,00044,200,00046,800,00044,000,00041,700,00041,700,00045,000,00057,600,00025,200,00050,600,00049,200,000
  R&D Expenses2.7%45,300,00044,100,00073,350,00056,100,00039,400,00040,300,00048,200,00048,100,00050,200,00049,900,00045,100,00046,000,00045,500,00041,200,00035,250,00038,600,00038,700,00043,700,0003,900,00040,700,00040,200,000
EBITDA Margin105.4%0.00-0.06-0.14-0.12-0.15-0.17-0.18-0.31-0.33-0.29-0.33----------
Interest Expenses4.2%64,300,00061,700,00015,900,00014,100,0007,800,0004,800,0008,000,0005,100,0005,300,0006,700,0009,200,00011,200,00011,900,00013,100,00012,300,0007,500,0007,700,0007,400,0007,200,0007,400,000-
Income Taxes50.0%300,000200,000500,000500,000100,000100,000300,000400,0008,000,000300,0005,100,000-3,000,000-200,000-800,000-600,000-6,500,000-500,000500,000-13,700,0002,800,0004,600,000
Earnings Before Taxes--------61,500,000-66,100,000-88,700,000-69,800,000-140,100,000-69,500,000-54,500,000-76,100,000-45,550,000-62,700,000-58,400,000-37,300,000-108,900,000-19,500,0004,400,000
EBT Margin-0.9%-0.37-0.36-0.37-0.33-0.35-0.37-0.38-0.55-0.60-0.59-0.65----------
Net Income63.4%-144,700,000-395,700,000-113,300,000-99,500,000-90,900,000-26,200,00032,400,000-66,500,000-96,700,000-70,100,000-147,600,000-108,900,000-82,700,000-184,100,000-39,500,000-60,100,000-54,300,000-37,800,000-135,800,000-227,800,000-400,000
Net Income Margin-3.6%-0.82-0.79-0.37-0.21-0.18-0.20-0.27-0.57-0.69-0.72-1.00-0.85---------
Free Cashflow-37.9%-812,700,000-589,400,000-477,500,000-303,400,000-197,100,000-120,400,000-140,200,000-162,300,000-174,800,000-321,800,000-226,500,000-186,100,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.3%7,2907,3136,5875,4555,3433,8593,9183,7533,2173,2493,4473,5083,1253,1233,2312,7382,7832,7972,8172,8993,015
  Current Assets-15.5%3,4464,0803,6072,8493,0841,7541,7621,8381,1501,2321,4791,5981,4791,4851,5931,2301,2931,3531,4131,4991,276
    Cash Equivalents-48.7%9041,7621,7577951,085522450486185262379532388436449323383433501456356
  Inventory8.6%370341285289267242227219199183167148144187122170165183112173313
  Net PPE--------------941771738692657561608676
  Goodwill0%359359359359359359359359359359359359359424350530530530350530620
  Current Liabilities-10.4%671749628607460381389323341319449383386343291251249243268334295
Shareholder's Equity-7.7%1,1501,2461,6221,7071,7802,1102,4392,3902,3792,0392,1172,2471,8721,9152,0891,9451,9952,0262,0412,0662,224
  Retained Earnings-5.9%-2,604-2,459-2,064-1,950-1,851-1,760-1,764-1,796-1,729-1,633-1,563-1,415-1,306-1,223-1,039-999-938-885-847-713-485
  Additional Paid-In Capital1.0%3,7673,7293,7113,6813,6603,9024,2284,2054,1103,6713,6773,6593,1563,1163,1062,9312,9202,8962,8742,7722,704
Accumulated Depreciation---------------900---911--
Shares Outstanding0.4%126125125124124124124124117116112113---------
Minority Interest-------------7.006.006.006.005.005.005.005.005.00
Float-----8,967---13,632---11,353---5,051---4,266
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-37.4%-202,500-147,400-51,900-11,000-67,000-12,700-30,800-28,400-32,500-62,500-50,000-49,600-26,30040010,500-27,7008,200-20,00013,30061,30082,900
  Share Based Compensation13.7%22,40019,70019,10023,90019,10019,80015,70015,20015,40014,60012,90012,90013,70013,70010,3009,80010,20016,9008,40013,50011,000
Cashflow From Investing15.5%-663,900-785,900-146,300-278,700-824,800102,800-13,000-294,500-51,500-32,000-109,100-289,700-33,800-16,000-334,700-31,700-68,200-52,300-34,600-13,700-76,500
Cashflow From Financing-99.1%8,600938,4001,160,100-3001,454,900-17,6007,600623,3007,900-22,9006,500483,10011,4003,100449,900-1009,1005,40065,50052,70013,500

WOLF Income Statement

2023-12-31
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 25, 2022
Dec. 31, 2023
Dec. 25, 2022
Income Statement [Abstract]    
Revenue, net$ 208.4$ 173.8$ 405.8$ 363.2
Cost of revenue, net180.6117.1353.3238.8
Gross profit27.856.752.5124.4
Operating expenses:    
Research and development45.339.489.479.7
Sales, general and administrative64.950.4129.0100.4
Factory start-up costs10.537.618.976.0
Amortization of acquisition-related intangibles0.30.60.61.1
Loss on disposal or impairment of other assets0.30.10.40.2
Other operating expense4.61.67.23.5
Operating loss(98.1)(73.0)(193.0)(136.5)
Non-operating expense (income), net27.8(1.0)56.3(50.5)
Loss before income taxes(125.9)(72.0)(249.3)(86.0)
Income tax expense0.30.10.50.2
Net loss from continuing operations(126.2)(72.1)(249.8)(86.2)
Net loss from discontinued operations(18.5)(18.8)(290.6)(30.9)
Net loss$ (144.7)$ (90.9)$ (540.4)$ (117.1)
Basic and diluted loss per share    
Net loss from continuing operations - diluted (USD per share)$ (1.00)$ (0.58)$ (1.99)$ (0.69)
Net loss from continuing operations - basic (USD per share)(1.00)(0.58)(1.99)(0.69)
Net loss - basic (USD per share)(1.15)(0.73)(4.31)(0.94)
Net loss - diluted (USD per share)$ (1.15)$ (0.73)$ (4.31)$ (0.94)
Weighted average shares - basic (shares)125,602124,344125,363124,190
Weighted average shares - diluted (shares)125,602124,344125,363124,190

WOLF Balance Sheet

2023-12-31
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Jun. 25, 2023
Current assets:  
Cash and cash equivalents$ 904.4$ 1,757.0
Short-term investments1,731.31,197.9
Total cash, cash equivalents and short-term investments2,635.72,954.9
Accounts receivable, net132.6154.8
Inventories370.2284.9
Income taxes receivable0.60.8
Prepaid expenses78.136.8
Other current assets228.9131.5
Current assets held for sale from discontinued operations0.042.8
Total current assets3,446.13,606.5
Property and equipment, net2,850.12,165.5
Goodwill359.2359.2
Intangible assets, net23.923.9
Long-term receivables2.52.6
Other long-term investments66.10.0
Deferred tax assets1.21.2
Other assets541.1303.3
Long-term assets held for sale from discontinued operations0.0124.5
Total assets7,290.26,586.7
Current liabilities:  
Accounts payable and accrued expenses524.0534.5
Accrued contract liabilities51.139.0
Income taxes payable10.09.6
Finance lease liabilities0.40.4
Other current liabilities85.735.7
Current liabilities held for sale from discontinued operations0.08.6
Total current liabilities671.2627.8
Long-term liabilities:  
Long-term debt2,137.31,149.5
Convertible notes, net3,030.33,025.6
Deferred tax liabilities10.83.9
Finance lease liabilities - long-term9.09.2
Other long-term liabilities281.4143.5
Long-term liabilities held for sale from discontinued operations0.05.3
Total long-term liabilities5,468.84,337.0
Commitments and contingencies
Shareholders’ equity:  
Preferred stock, par value $0.01; 3,000 shares authorized at December 31, 2023 and June 25, 2023; none issued and outstanding0.00.0
Common stock, par value $0.00125; 400,000 shares authorized at December 31, 2023 and 200,000 shares authorized at June 25, 2023; 125,785 and 124,794 shares issued and outstanding at December 31, 2023 and June 25, 2023, respectively0.20.2
Additional paid-in-capital3,766.83,711.0
Accumulated other comprehensive loss(12.2)(25.1)
Accumulated deficit(2,604.6)(2,064.2)
Total shareholders’ equity1,150.21,621.9
Total liabilities and shareholders’ equity$ 7,290.2$ 6,586.7
WOLF
Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was incorporated in 1987 and is headquartered in Durham, North Carolina.
 CEO
 WEBSITEwolfspeed.com
 INDUSTRYSemiconductors
 EMPLOYEES4802

Cree, Inc. Frequently Asked Questions


What is the ticker symbol for Cree, Inc.? What does WOLF stand for in stocks?

WOLF is the stock ticker symbol of Cree, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cree, Inc. (WOLF)?

As of Wed Apr 24 2024, market cap of Cree, Inc. is 3.08 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WOLF stock?

You can check WOLF's fair value in chart for subscribers.

What is the fair value of WOLF stock?

You can check WOLF's fair value in chart for subscribers. The fair value of Cree, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cree, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WOLF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cree, Inc. a good stock to buy?

The fair value guage provides a quick view whether WOLF is over valued or under valued. Whether Cree, Inc. is cheap or expensive depends on the assumptions which impact Cree, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WOLF.

What is Cree, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, WOLF's PE ratio (Price to Earnings) is -4.09 and Price to Sales (PS) ratio is 3.36. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WOLF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cree, Inc.'s stock?

In the past 10 years, Cree, Inc. has provided -0.065 (multiply by 100 for percentage) rate of return.