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WOLF

Cree, Inc.

WOLF

39.66USD-0.23 (-0.58%)Delayed
Watchlist

Market Summary

USD39.66-0.23
Delayed
-0.58%

WOLF Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

WOLF Stock Price

View Fullscreen

WOLF RSI Chart

WOLF Valuation

Market Cap

5.0B

Price/Earnings (Trailing)

-7.11

Price/Sales (Trailing)

5.66

EV/EBITDA

-51.01

Price/Free Cashflow

-3.18

WOLF Price/Sales (Trailing)

WOLF Profitability

EBT Margin

-37.41%

Return on Equity

-56.15%

Return on Assets

-9.56%

Free Cashflow Yield

-31.47%

WOLF Fundamentals

WOLF Revenue

Revenue (TTM)

878.0M

Revenue Y/Y

-18.19%

Revenue Q/Q

-16.28%

WOLF Earnings

Earnings (TTM)

-699.4M

Earnings Y/Y

-1.4K%

Earnings Q/Q

-249.25%

Price Action

Last 7 days

0.0%

Last 30 days

15.2%

Last 90 days

-5.5%

Trailing 12 Months

-53.6%

How does WOLF drawdown profile look like?

WOLF Financial Health

Current Ratio

5.44

WOLF Investor Care

Shares Dilution (1Y)

0.89%

Diluted EPS (TTM)

-5.6

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023914.6M921.9M878.0M0
2022663.5M746.2M830.9M873.9M
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
20111.0B987.6M01.0B
2010803.6M867.3M966.6M1.0B
20090567.3M676.5M737.2M

Latest Insider Trading transactions for WOLF

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Oct 31, 2023
hodge john c
acquired
11,234
33.84
332
-
Oct 23, 2023
hodge john c
acquired
-
-
5,383
-
Oct 23, 2023
hosein clyde
acquired
-
-
5,383
-
Oct 23, 2023
dorchak glenda
acquired
-
-
5,383
-
Oct 23, 2023
replogle john b
acquired
-
-
5,383
-
Oct 23, 2023
riley marvin
acquired
-
-
5,383
-
Oct 23, 2023
smith stacy j
acquired
-
-
5,383
-
Oct 23, 2023
le duy loan t
acquired
-
-
5,383
-
Oct 23, 2023
werner thomas h
acquired
-
-
5,383
-
Oct 23, 2023
jackson darren r
acquired
-
-
5,383
-

1–10 of 50

Which funds bought or sold WOLF recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
added
4.2
-5,416,900
13,532,500
0.01%
Dec 06, 2023
Raleigh Capital Management Inc.
unchanged
-
-2,536
5,525
-%
Dec 06, 2023
VisionPoint Advisory Group, LLC
new
-
953
953
-%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-437
953
-%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
added
40.1
-13,117
316,421
0.01%
Dec 01, 2023
Fortis Group Advisors, LLC
new
-
3,962
3,962
-%
Nov 27, 2023
BANQUE PICTET & CIE SA
new
-
493,814
493,814
0.01%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-3.65
-2,555,630
4,968,930
-%
Nov 22, 2023
Graham Capital Management, L.P.
sold off
-100
-704,047
-
-%
Nov 22, 2023
KBC Group NV
unchanged
-
-
996,000
-%

1–10 of 34

Latest Funds Activity

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

Schedule 13G FIlings of Cree, Inc.

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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 research global investors
12.4%
15,428,273
SC 13G/A
Feb 13, 2023
capital international investors
9.3%
11,506,795
SC 13G/A
Feb 09, 2023
vanguard group inc
9.60%
11,929,675
SC 13G/A
Feb 07, 2023
blackrock inc.
14.7%
18,286,255
SC 13G/A
Apr 08, 2022
capital international investors
10.3%
12,681,508
SC 13G/A
Mar 11, 2022
blackrock inc.
12.9%
14,994,722
SC 13G
Feb 11, 2022
capital international investors
9.7%
11,298,890
SC 13G/A
Feb 11, 2022
capital research global investors
12.3%
14,236,967
SC 13G/A

Recent SEC filings of Cree, Inc.

View All Filings
Date Filed Form Type Document
Dec 08, 2023
144
Notice of Insider Sale Intent
Dec 04, 2023
8-K
Current Report
Nov 02, 2023
10-Q
Quarterly Report
Nov 02, 2023
4
Insider Trading
Nov 02, 2023
8-K
Current Report
Nov 02, 2023
S-8
Employee Benefits Plan
Nov 02, 2023
S-8 POS
Employee Benefits Plan
Nov 02, 2023
S-8 POS
Employee Benefits Plan
Nov 02, 2023
S-8 POS
Employee Benefits Plan
Nov 02, 2023
S-8 POS
Employee Benefits Plan

Peers (Alternatives to Cree, Inc.)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.2T
44.9B
2.01% 176.71%
62.2
26.18
57.07% 217.10%
208.2B
22.1B
13.51% 82.97%
1.0K
9.42
-3.14% -90.85%
180.0B
52.9B
12.61% 51.97%
-109.5
3.41
-23.98% -112.36%
123.8B
26.5B
2.42% 36.33%
19.21
4.66
5.50% -3.05%
91.7B
12.3B
9.45% 9.48%
27.68
7.46
2.43% 20.59%
MID-CAP
7.1B
6.7B
23.06% 6.76%
17.39
1.06
-3.65% -50.30%
4.3B
1.8B
9.02% 1.07%
30.6
2.45
-10.70% -59.88%
4.0B
1.1B
-5.85% 49.75%
17.32
3.7
26.38% 43.48%
3.3B
1.8B
7.92% -18.08%
11.26
1.8
-7.52% -3.55%
2.3B
290.7M
16.64% -27.14%
-23.52
7.93
-17.79% -146.17%
SMALL-CAP
958.4M
495.9M
-9.50% 77.78%
13.41
1.93
32.10% 66.11%
744.7M
74.9M
9.06% 1.17%
39.95
9.94
34.12% 99.53%
630.4M
663.5M
7.12% -29.81%
-79.92
0.95
-16.96% -101.73%
181.5M
-
33.84% -2.49%
-9.32
576.4
-4.50% -12.39%
92.2M
117.9M
-5.48% -25.65%
25.5
0.78
19.93% -73.89%

Cree, Inc. News

Latest updates
Business Wire30 Oct 202307:00 am40 days ago
Business Wire24 Oct 202307:00 am46 days ago
Business Wire11 Oct 202307:00 am59 days ago
Business Wire22 Aug 202307:00 am3 months ago
Business Wire16 Aug 202307:00 am3 months ago
Yahoo Finance26 Apr 202307:00 am7 months ago
Business Wire17 Aug 202207:00 am15 months ago
Seeking Alpha28 Jul 202207:00 am16 months ago
Wolfspeed21 Apr 202209:13 pm19 months ago
StockNews.com10 Jan 202206:38 pm23 months ago
MarketBeat29 Nov 202101:52 pm2 years ago
Nasdaq17 Nov 202108:00 am2 years ago
电子工程专辑09 Oct 202107:00 am2 years ago
MarketWatch04 Oct 202107:00 am2 years ago
presseportal.de04 Oct 202107:00 am2 years ago

Financials for Cree, Inc.

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-16.3%197,400,000235,800,000228,700,000216,100,000241,300,000228,500,000188,000,000173,100,000156,600,000145,800,000137,300,000127,000,000115,500,000108,400,000113,900,000120,700,000127,700,000134,200,000141,300,000135,300,000127,400,000
Gross Profit-61.8%24,700,00064,600,00068,100,00066,900,00079,900,00078,900,00064,000,00057,000,00049,400,00043,800,00044,000,00041,300,00035,500,00029,100,00041,300,00035,600,00052,500,00061,600,00064,000,00060,800,00057,300,000
Operating Expenses-------------------111,540,000127,824,000127,643,000
  S&GA Expenses0%64,100,00064,100,00060,500,00055,700,00055,000,00055,000,00051,500,00048,000,00049,000,00046,600,00044,200,00046,800,00044,000,00046,000,00041,700,00045,000,00057,600,00025,200,00050,600,00049,200,00043,900,000
  R&D Expenses-22.8%44,100,00057,100,00056,100,00057,000,00055,200,00048,200,00048,100,00050,200,00049,900,00045,100,00046,000,00045,500,00041,200,00039,500,00038,600,00038,700,00043,700,0003,900,00040,700,00040,200,00036,300,000
EBITDA Margin45.8%-0.07-0.13---0.16-0.18-0.31-0.33-0.29-0.33-0.12-0.15-0.14-0.10-0.10-0.01-----
Interest Expenses288.1%61,700,00015,900,00014,100,0007,800,0004,800,0008,000,0005,100,0005,300,0006,700,0009,200,00011,200,00011,900,00013,100,00012,300,0007,500,0007,700,0007,400,0007,200,0007,400,000--
Income Taxes-33.3%200,000300,000500,000400,000200,000300,000400,0008,000,000300,0005,100,000-3,000,000-200,000-800,000300,000-6,500,000-500,000500,000-13,700,0002,800,0004,600,0001,900,000
Earnings Before Taxes100.0%--82,125,000----61,500,000-66,100,000-88,700,000-69,800,000-140,100,000-69,500,000-54,500,000-76,100,000-43,900,000-62,700,000-58,400,000-37,300,000-108,900,000-19,500,0004,400,0001,100,000
EBT Margin-5.0%-0.37-0.36---0.34-0.38-0.55-0.60-0.59-0.65-0.39-0.40-0.40-0.34-0.37-0.27-----
Net Income-249.2%-395,700,000-113,300,000-99,500,000-90,900,000-26,200,00032,400,000-66,500,000-96,700,000-70,100,000-147,600,000-108,900,000-82,700,000-184,100,000-39,500,000-60,100,000-54,300,000-37,800,000-135,800,000-227,800,000-400,000-11,100,000
Net Income Margin-122.6%-0.80-0.36-0.20-0.17-0.19-0.27-0.57-0.69-0.72-1.00-0.71-0.65-0.61-0.33-0.58------
Free Cashflow-23.4%-589,400,000-477,500,000-303,400,000-193,700,000-123,800,000-140,200,000-162,300,000-174,800,000-321,800,000-226,500,000-186,100,000-169,800,000-113,600,000-52,500,000-94,300,000------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets11.0%7,3136,5875,4555,3433,8593,9183,7533,2173,2493,4473,5083,1253,1233,2312,7382,7832,7972,8172,8993,0152,968
  Current Assets13.1%4,0803,6072,8493,0841,7541,7621,8381,1501,2321,4791,5981,4791,4851,5931,2301,2931,3531,4131,4991,2761,230
    Cash Equivalents0.3%1,7621,7577951,085522450486185262379532388436449323383433501456356336
  Inventory4.1%341328289267242227219199183167148144187122170165183112173313306
  Net PPE-------------941771738692657561608676668
  Goodwill0%359359359359359359359359359359359359424350530530530350530620620
  Current Liabilities19.3%749628607460381389323341319449383386343291251249243268334295294
Shareholder's Equity-23.2%1,2461,6221,7071,7802,1102,4392,3902,3792,0392,1172,2471,8721,9152,0891,9451,9952,0262,0412,0662,2242,199
  Retained Earnings-19.2%-2,459-2,064-1,950-1,851-1,760-1,764-1,796-1,729-1,633-1,563-1,415-1,306-1,223-1,039-999-938-885-847-713-485-483
  Additional Paid-In Capital0.5%3,7293,7113,6813,6603,9024,2284,2054,1103,6713,6773,6593,1563,1163,1062,9312,9202,8962,8742,7722,7042,677
Accumulated Depreciation--------------900---911---
Shares Outstanding0.4%125125124124124124124117116116113111110109108108107107104103102
Minority Interest------------7.006.006.006.005.005.005.005.005.005.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-184.0%-147,400,000-51,900,000-11,000,000-67,000,000-12,700,000-30,800,000-28,400,000-32,500,000-62,500,000-50,000,000-49,600,000-26,300,000400,00010,500,000-27,700,0008,200,000-20,000,00013,300,00061,300,00082,900,00044,800,000
  Share Based Compensation3.1%19,700,00019,100,00019,600,00021,200,00022,000,00015,700,00015,200,00015,400,00014,600,00012,900,00012,900,00013,700,00013,700,00010,300,0009,800,00010,200,00016,900,0008,400,00013,500,00011,000,00010,000,000
Cashflow From Investing-437.2%-785,900,000-146,300,000-278,700,000-824,800,000102,800,000-13,000,000-294,500,000-51,500,000-32,000,000-109,100,000-289,700,000-33,800,000-16,000,000-334,700,000-31,700,000-68,200,000-52,300,000-34,600,000-13,700,000-76,500,000-102,300,000
Cashflow From Financing-19.1%938,400,0001,160,100,000-300,0001,454,900,000-17,600,0007,600,000623,300,0007,900,000-22,900,0006,500,000483,100,00011,400,0003,100,000449,900,000-100,0009,100,0005,400,00065,500,00052,700,00013,500,000274,800,000
  Buy Backs----------------------

WOLF Income Statement

2023-06-25
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Jun. 25, 2023
Jun. 26, 2022
Jun. 27, 2021
Income Statement [Abstract]   
Revenue, net$ 921.9$ 746.2$ 525.6
Cost of revenue, net642.4496.9361.0
Gross profit279.5249.3164.6
Operating expenses:   
Research and development225.4196.4177.8
Sales, general and administrative235.3203.5181.6
Factory start-up costs160.270.08.0
Amortization or impairment of acquisition-related intangibles10.913.614.5
Abandonment of long-lived assets0.00.073.9
Loss (gain) on disposal or impairment of other assets2.0(0.3)1.6
Other operating expense26.313.921.1
Operating loss(380.6)(247.8)(313.9)
Non-operating (income) expense, net(52.1)38.326.3
Loss before income taxes(328.5)(286.1)(340.2)
Income tax expense1.49.01.1
Net loss from continuing operations(329.9)(295.1)(341.3)
Net income (loss) from discontinued operations0.094.2(181.2)
Net loss(329.9)(200.9)(522.5)
Net income from discontinued operations attributable to noncontrolling interest0.00.01.4
Net loss attributable to controlling interest$ (329.9)$ (200.9)$ (523.9)
Basic and diluted loss per share   
Continuing operations- basic (USD per share)$ (2.65)$ (2.46)$ (3.04)
Continuing operations - diluted (USD per share)(2.65)(2.46)(3.04)
Net loss attributable to controlling interest - basic (USD per share)(2.65)(1.67)(4.66)
Net loss attributable to controlling interest - diluted (USD per share)$ (2.65)$ (1.67)$ (4.66)
Weighted average shares - basic (shares)124,374120,120112,346
Weighted average shares - diluted (shares)124,374120,120112,346

WOLF Balance Sheet

2023-06-25
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 25, 2023
Jun. 26, 2022
Current assets:  
Cash and cash equivalents$ 1,757.0$ 449.5
Short-term investments1,197.9749.3
Total cash, cash equivalents and short-term investments2,954.91,198.8
Accounts receivable, net154.8150.2
Inventories327.5227.0
Income taxes receivable0.81.3
Prepaid expenses36.832.1
Other current assets131.7151.4
Current assets held for sale0.01.6
Total current assets3,606.51,762.4
Property and equipment, net2,191.41,481.1
Goodwill359.2359.2
Intangible assets, net115.9125.4
Long-term receivables2.6104.7
Deferred tax assets1.21.0
Other assets309.983.7
Total assets6,586.73,917.5
Current liabilities:  
Accounts payable and accrued expenses536.9307.7
Accrued contract liabilities43.037.0
Income taxes payable9.611.6
Finance lease liabilities0.50.5
Other current liabilities37.931.7
Total current liabilities627.9388.5
Long-term liabilities:  
Long-term debt1,149.50.0
Convertible notes, net3,025.61,021.6
Deferred tax liabilities3.93.2
Finance lease liabilities - long-term9.29.6
Other long-term liabilities148.755.3
Total long-term liabilities4,336.91,089.7
Commitments and contingencies
Shareholders’ equity:  
Preferred stock, par value $0.01; 3,000 shares authorized at June 25, 2023 and June 26, 2022; none issued and outstanding0.00.0
Common stock, par value $0.00125; 200,000 shares authorized at June 25, 2023 and June 26, 2022; 124,794 and 123,795 shares issued and outstanding at June 25, 2023 and June 26, 2022, respectively0.20.2
Additional paid-in-capital3,711.04,228.4
Accumulated other comprehensive loss(25.1)(25.3)
Accumulated deficit(2,064.2)(1,764.0)
Total shareholders’ equity1,621.92,439.3
Total liabilities and shareholders’ equity$ 6,586.7$ 3,917.5
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
 WEBSITEwww.wolfspeed.com
 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 Fri Dec 08 2023, market cap of Cree, Inc. is 4.97 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. 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 Fri Dec 08 2023, WOLF's PE ratio (Price to Earnings) is -7.11 and Price to Sales (PS) ratio is 5.66. 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 -0.038 (multiply by 100 for percentage) rate of return.