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WOLF

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

24.00USD-0.25 (-1.03%)Delayed as of 08 May 2024, 01:11 pm ET

Market Summary

WOLF
USD24.00-0.25
Delayedas of 08 May 2024, 01:11 pm
-1.03%

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

3.1B

Price/Earnings (Trailing)

-3.8

Price/Sales (Trailing)

3.43

EV/EBITDA

33.51

Price/Free Cashflow

-1.18

WOLF Price/Sales (Trailing)

WOLF Profitability

Operating Margin

-30.27%

EBT Margin

-36.93%

Return on Equity

-78.49%

Return on Assets

-10.43%

Free Cashflow Yield

-84.97%

WOLF Fundamentals

WOLF Revenue

Revenue (TTM)

889.4M

Rev. Growth (Yr)

-12.24%

Rev. Growth (Qtr)

-3.69%

WOLF Earnings

Earnings (TTM)

-802.6M

Earnings Growth (Yr)

-49.65%

Earnings Growth (Qtr)

-2.9%

Breaking Down WOLF Revenue

52 Week Range

23.4070.42
(Low)(High)

Last 7 days

-10.2%

Last 30 days

-7.8%

Last 90 days

-8.6%

Trailing 12 Months

-41.3%

How does WOLF drawdown profile look like?

WOLF Financial Health

Current Ratio

4.58

WOLF Investor Care

Shares Dilution (1Y)

1.11%

Diluted EPS (TTM)

-6.4

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024889.4M000
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
May 06, 2024
HighTower Advisors, LLC
reduced
-6.51
-246,000
417,000
-%
May 06, 2024
Quantbot Technologies LP
sold off
-100
-452,199
-
-%
May 06, 2024
Advisory Services Network, LLC
sold off
-100
-25,105
-
-%
May 06, 2024
Empowered Funds, LLC
sold off
-100
-303,308
-
-%
May 06, 2024
Hardman Johnston Global Advisors LLC
reduced
-55.76
-18,692,000
8,007,800
0.28%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
sold off
-100
-249,000
-
-%
May 06, 2024
SG Americas Securities, LLC
added
15.89
-101,000
370,000
-%
May 06, 2024
Parallel Advisors, LLC
added
215
9,913
18,615
-%
May 06, 2024
Envestnet Portfolio Solutions, Inc.
sold off
-100
-283,903
-
-%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
added
1.72
-1,459,560
3,244,000
0.03%

1–10 of 40

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
May 02, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
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

Peers (Alternatives to Cree, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.3T
60.9B
2.87% 210.57%
76.06
37.15
125.85% 581.31%
249.6B
22.8B
-9.40% 62.46%
223.62
10.95
-1.16% 182.53%
172.3B
26.5B
-0.26% 79.10%
24.07
6.5
0.88% 10.98%
130.5B
55.2B
-20.80% -0.36%
32.1
2.36
-2.09% 242.32%
100.9B
11.6B
4.50% 10.30%
35.84
8.72
-8.03% -17.90%
MID-CAP
8.1B
6.4B
6.36% 53.25%
21.61
1.26
-8.17% -41.71%
4.9B
1.8B
-0.59% 16.92%
27.92
2.75
-11.16% -46.12%
3.6B
1.1B
5.75% -7.29%
14.47
3.21
16.34% 32.25%
3.5B
1.7B
12.71% -9.22%
15.47
2.12
-16.94% -31.42%
1.9B
226.5M
-1.09% -29.35%
-11.45
8.56
-32.92% -159.10%
SMALL-CAP
1.6B
557.7M
-14.64% 171.60%
21.26
2.95
43.44% 97.00%
630.0M
640.0M
-1.02% -7.17%
-36.74
0.98
-19.44% -128.49%
331.9M
71.9M
1.23% -56.94%
21.55
4.62
14.14% 8.17%
114.0M
550.0K
-28.62% -55.32%
-5.82
207.28
43.98% -6.63%
67.4M
116.7M
-9.00% -46.33%
-3.51
0.58
15.07% -240.88%

Cree, Inc. News

Latest updates
Yahoo Movies Canada • 06 May 2024 • 04:01 pm
The Motley Fool • 10 months 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-3.7%200,700,000208,400,000197,400,000282,900,000228,700,000173,800,000189,400,000228,500,000188,000,000173,100,000156,600,000145,800,000137,300,000127,000,000115,500,000108,400,000113,900,000120,700,000127,700,000134,200,000141,300,000
Gross Profit-19.1%22,500,00027,800,00024,700,00075,800,00068,100,00056,700,00067,700,00078,900,00064,000,00057,000,00049,400,00043,800,00044,000,00041,300,00035,500,00029,100,00041,300,00035,600,00052,500,00061,600,00064,000,000
Operating Expenses---------------------111,540,000
  S&GA Expenses-14.0%55,800,00064,900,00064,100,00069,250,00060,500,00050,400,00050,000,00055,000,00051,500,00048,000,00049,000,00046,600,00044,200,00046,800,00044,000,00041,700,00041,700,00045,000,00057,600,00025,200,00050,600,000
  R&D Expenses15.9%52,500,00045,300,00044,100,00073,350,00056,100,00039,400,00040,300,00048,200,00048,100,00050,200,00049,900,00045,100,00046,000,00045,500,00041,200,00035,250,00038,600,00038,700,00043,700,0003,900,00040,700,000
EBITDA Margin360.0%0.060.01-0.07-0.14-0.12-0.17-0.17-0.18-0.31-0.33-0.29----------
Interest Expenses-7.5%59,500,00064,300,00061,700,00015,900,00014,100,0007,800,0004,800,0008,000,0005,100,0005,300,0006,700,0009,200,00011,200,00011,900,00013,100,00012,300,0007,500,0007,700,0007,400,0007,200,0007,400,000
Income Taxes-66.7%100,000300,000200,000500,000500,000100,000100,000300,000400,0008,000,000300,0005,100,000-3,000,000-200,000-800,000-600,000-6,500,000-500,000500,000-13,700,0002,800,000
Earnings Before Taxes---------61,500,000-66,100,000-88,700,000-69,800,000-140,100,000-69,500,000-54,500,000-76,100,000-45,550,000-62,700,000-58,400,000-37,300,000-108,900,000-19,500,000
EBT Margin-3.1%-0.37-0.36-0.37-0.38-0.35-0.37-0.37-0.38-0.55-0.60-0.59----------
Net Income-2.9%-148,900,000-144,700,000-395,700,000-113,300,000-99,500,000-90,900,000-26,200,00032,400,000-66,500,000-96,700,000-70,100,000-147,600,000-108,900,000-82,700,000-184,100,000-39,500,000-60,100,000-54,300,000-37,800,000-135,800,000-227,800,000
Net Income Margin-9.9%-0.90-0.82-0.79-0.38-0.22-0.19-0.20-0.27-0.57-0.69-0.72-1.00---------
Free Cashflow12.2%-713,700,000-812,700,000-589,400,000-477,500,000-307,100,000-193,400,000-120,400,000-140,200,000-162,300,000-174,800,000-321,800,000-226,500,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets5.6%7,6967,2907,3136,5875,4555,3433,8593,9183,7533,2173,2493,4473,5083,1253,1233,2312,7382,7832,7972,8172,899
  Current Assets-3.3%3,3313,4464,0803,6072,8493,0841,7541,7621,8381,1501,2321,4791,5981,4791,4851,5931,2301,2931,3531,4131,499
    Cash Equivalents26.3%1,1429041,7621,7577951,085522450486185262379532388436449323383433501456
  Inventory13.8%421370341285289267242227219199183167148144187122170165183112173
  Net PPE---------------941771738692657561608
  Goodwill0%359359359359359359359359359359359359359359424350530530530350530
  Current Liabilities8.3%727671749628607460381389323341319449383386343291251249243268334
Shareholder's Equity-11.1%1,0231,1501,2461,6221,7071,7802,1102,4392,3902,3792,0392,1172,2471,8721,9152,0891,9451,9952,0262,0412,066
  Retained Earnings-5.7%-2,753-2,604-2,459-2,064-1,950-1,851-1,760-1,764-1,796-1,729-1,633-1,563-1,415-1,306-1,223-1,039-999-938-885-847-713
  Additional Paid-In Capital0.6%3,7893,7673,7293,7113,6813,6603,9024,2284,2054,1103,6713,6773,6593,1563,1163,1062,9312,9202,8962,8742,772
Accumulated Depreciation----------------900---911-
Shares Outstanding0.0%126126125125124124124124124117116112---------
Minority Interest--------------7.006.006.006.005.005.005.005.00
Float------8,967---13,632---11,353---5,051---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations32.7%-136,200-202,500-147,400-51,900-11,000-67,000-12,700-30,800-28,400-32,500-62,500-50,000-49,600-26,30040010,500-27,7008,200-20,00013,30061,300
  Share Based Compensation-2.7%21,80022,40019,70019,10023,90019,10019,80015,70015,20015,40014,60012,90012,90013,70013,70010,3009,80010,20016,9008,40013,500
Cashflow From Investing81.2%-124,700-663,900-785,900-146,300-278,700-824,800102,800-13,000-294,500-51,500-32,000-109,100-289,700-33,800-16,000-334,700-31,700-68,200-52,300-34,600-13,700
Cashflow From Financing5703.5%499,1008,600938,4001,160,100-3001,454,900-17,6007,600623,3007,900-22,9006,500483,10011,4003,100449,900-1009,1005,40065,50052,700
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WOLF Income Statement

2024-03-31
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended9 Months Ended
Mar. 31, 2024
Mar. 26, 2023
Mar. 31, 2024
Mar. 26, 2023
Income Statement [Abstract]    
Revenue, net$ 200.7$ 192.6$ 606.5$ 555.8
Cost of revenue, net178.2132.8531.5371.6
Gross profit22.559.875.0184.2
Operating expenses:    
Research and development52.542.4141.9122.1
Sales, general and administrative55.855.1184.8155.5
Factory start-up costs14.444.633.3120.6
Amortization of acquisition-related intangibles0.30.20.91.3
Loss on disposal or impairment of other assets0.61.71.01.9
Other operating expense5.31.512.55.0
Operating loss(106.4)(85.7)(299.4)(222.2)
Non-operating expense (income), net42.4(2.9)98.7(53.4)
Loss before income taxes(148.8)(82.8)(398.1)(168.8)
Income tax expense0.10.30.60.5
Net loss from continuing operations(148.9)(83.1)(398.7)(169.3)
Net loss from discontinued operations0.0(16.4)(290.6)(47.3)
Net loss$ (148.9)$ (99.5)$ (689.3)$ (216.6)
Basic and diluted loss per share    
Net loss from continuing operations - basic (USD per share)$ (1.18)$ (0.67)$ (3.18)$ (1.36)
Net loss from continuing operations - diluted (USD per share)(1.18)(0.67)(3.18)(1.36)
Net loss - basic (USD per share)(1.18)(0.80)(5.49)(1.74)
Net loss - diluted (USD per share)$ (1.18)$ (0.80)$ (5.49)$ (1.74)
Weighted average shares - basic (shares)125,830124,439125,514124,273
Weighted average shares - diluted (shares)125,830124,439125,514124,273

WOLF Balance Sheet

2024-03-31
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Jun. 25, 2023
Current assets:  
Cash and cash equivalents$ 1,142.4$ 1,757.0
Short-term investments1,408.51,197.9
Total cash, cash equivalents and short-term investments2,550.92,954.9
Accounts receivable, net124.3154.8
Inventories421.2284.9
Income taxes receivable0.80.8
Prepaid expenses71.136.8
Other current assets162.7131.5
Current assets held for sale from discontinued operations0.042.8
Total current assets3,331.03,606.5
Property and equipment, net3,221.92,165.5
Goodwill359.2359.2
Intangible assets, net23.723.9
Long-term receivables2.82.6
Other long-term investments68.10.0
Deferred tax assets1.21.2
Other assets688.3303.3
Long-term assets held for sale from discontinued operations0.0124.5
Total assets7,696.26,586.7
Current liabilities:  
Accounts payable and accrued expenses556.0534.5
Accrued contract liabilities55.839.0
Income taxes payable10.09.6
Finance lease liabilities0.50.5
Other current liabilities104.735.7
Current liabilities held for sale from discontinued operations0.08.6
Total current liabilities727.0627.9
Long-term liabilities:  
Long-term debt2,631.71,149.5
Convertible notes, net3,032.63,025.6
Deferred tax liabilities10.83.9
Finance lease liabilities - long-term9.19.2
Other long-term liabilities262.4143.4
Long-term liabilities held for sale from discontinued operations0.05.3
Total long-term liabilities5,946.64,336.9
Commitments and contingencies
Shareholders’ equity:  
Preferred stock, par value $0.01; 3,000 shares authorized at March 31, 2024 and June 25, 2023; none issued and outstanding0.00.0
Common stock, par value $0.00125; 400,000 shares authorized at March 31, 2024 and 200,000 shares authorized at June 25, 2023; 125,833 and 124,794 shares issued and outstanding at March 31, 2024 and June 25, 2023, respectively0.20.2
Additional paid-in-capital3,788.63,711.0
Accumulated other comprehensive loss(12.7)(25.1)
Accumulated deficit(2,753.5)(2,064.2)
Total shareholders’ equity1,022.61,621.9
Total liabilities and shareholders’ equity$ 7,696.2$ 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 Tue May 07 2024, market cap of Cree, Inc. is 3.05 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 Tue May 07 2024, WOLF's PE ratio (Price to Earnings) is -3.8 and Price to Sales (PS) ratio is 3.43. 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 -0.061 (multiply by 100 for percentage) rate of return.