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Wolfspeed (WOLF)
NYSE:WOLF
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WOLF Stock Chart & Stats
Day’s Range― - ―
52-Week Range$4.66 - $37.29
Previous CloseN/A
Volume15.05M
Average Volume (3M)14.29M
Market Cap
$615.58M
Enterprise Value$5.91B
Total Cash (Recent Filing)$610.94M
Total Debt (Recent Filing)$145.00M
Price to Earnings (P/E)―
Beta3.09
Next Earnings
Jan 29, 2025EPS Estimate
-1.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.95
Shares Outstanding127,713,300
10 Day Avg. Volume22,181,894
30 Day Avg. Volume14,289,138
Standard Deviation0.19
R-Squared0.15
Alpha-0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.06
Price to Cash Flow (P/CF)-1.60
P/FCF Ratio0.00
Enterprise Value/Market Cap9.60
Enterprise Value/Revenue7.35
Enterprise Value/Gross Profit76.38
Enterprise Value/Ebitda-10.83
Forecast
1Y Price Target
$14.45Price Target Upside113.76% Upside
Rating ConsensusHold
Number of Analyst Covering11
Wolfspeed News
PremiumThe Fly
Wolfspeed rises 20.4%
PremiumThe Fly
Wolfspeed rises 18.7%
Bulls Say, Bears Say
Bulls Say
Financing And FundingThe launch of an 'at the market' offering for up to $200M is likely a positive signal regarding progress around finalization of financing.
Operational Milestones And GrowthOutput from Mohawk Valley fab continues to improve every quarter, now up to $49 million in the September quarter with strong yields.
Strategic Partnerships And SupportThe presence of restructuring and sale experts Apollo and Jana provides strategic options and support for Wolfspeed.
Bears Say
Financial PerformanceWolfspeed reported a weaker than expected quarter and guided the next quarter down significantly compared to consensus expectations.
Leadership & ManagementThe departure of long-time CEO Gregg Lowe introduces uncertainty as the company searches for new leadership amidst a challenging market.
Market CompetitionHigh structural competition in the device market and Wolfspeed's cost structure make it unlikely the company will be profitable anytime soon.
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Ownership Overview
1.27% Insiders
39.48% Mutual Funds
0.04% Other Institutional Investors
28.60% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WOLF FAQ
What was Wolfspeed’s price range in the past 12 months?
Wolfspeed lowest stock price was $4.66 and its highest was $37.29 in the past 12 months.
What is Wolfspeed’s market cap?
Wolfspeed’s market cap is $615.58M.
When is Wolfspeed’s upcoming earnings report date?
Wolfspeed’s upcoming earnings report date is Jan 29, 2025 which is in 11 days.
How were Wolfspeed’s earnings last quarter?
Wolfspeed released its earnings results on Nov 06, 2024. The company reported -$0.91 earnings per share for the quarter, beating the consensus estimate of -$0.998 by $0.088.
Is Wolfspeed overvalued?
According to Wall Street analysts Wolfspeed’s price is currently Undervalued.
Does Wolfspeed pay dividends?
Wolfspeed does not currently pay dividends.
What is Wolfspeed’s EPS estimate?
Wolfspeed’s EPS estimate is -1.02.
How many shares outstanding does Wolfspeed have?
Wolfspeed has 127,713,300 shares outstanding.
What happened to Wolfspeed’s price movement after its last earnings report?
Wolfspeed reported an EPS of -$0.91 in its last earnings report, beating expectations of -$0.998. Following the earnings report the stock price went down -39.241%.
Which hedge fund is a major shareholder of Wolfspeed?
Among the largest hedge funds holding Wolfspeed’s share is PRIMECAP Management Co. It holds Wolfspeed’s shares valued at 62M.
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Wolfspeed Stock Smart Score
Unlock Smart Score
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$14.45 (113.76% Upside)
$14.45 (113.76% Upside)
Blogger Sentiment
Bullish
WOLF Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 204.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $846.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.2%
Last 30 Days ▲ 11.6%
Last 30 Days ▲ 11.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-79.34%
12-Months-Change
Fundamentals
Return on Equity
-119.37%
Trailing 12-Months
Asset Growth
7.45%
Trailing 12-Months
Company Description
Wolfspeed
Cree, Inc. is a manufacturer of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. It operates through the following segments: Wolfspeed, LED Products, and Lighting Products. The Wolfspeed segment products consists of silicon carbide (SiC) and gallium nitride (GaN) materials, power devices and RF devices based on silicon (Si) and wide bandgap semiconductor materials. The LED Products segment includes LED chips, LED components and SiC materials. The Lighting Products segment consists of LED lighting systems and bulbs for the commercial, industrial and consumer markets. The Power and RF Products segment includes power devices and RF devices. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.
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WOLF Earnings Call
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a strategic pivot towards long-term growth and cost efficiency with significant funding secured and operational improvements in progress. However, near-term challenges include revenue pressures, workforce reductions, and lowered CapEx guidance.Read More>---
WOLF Stock 12 Month Forecast
Average Price Target
$14.45
▲(113.76% Upside)
Technical Analysis
ON Semiconductor
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Diodes
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STMicroelectronics
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Texas Instruments
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NXP Semiconductors
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Silicon Laboratories
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Best Analysts Covering WOLF
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+45.26%
reiterated a sell rating 2 months ago
Copying Vivek Arya's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +45.26% per trade.
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