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Wolfspeed Inc, Common Stock

WOLF

NYQ

$25.53

+$0.35

(1.39%)

1D
Industry: Semiconductors & Semiconductor Equipment Sector: Information Technology

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$3.21B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
NM
Volume info-icon
This is the total number of shares traded during the most recent trading day.
2.00M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
5.39M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.64
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$20.63 L
$70.42 H
$25.53

About Wolfspeed Inc, Common Stock

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. more

Industry: Semiconductors & Semiconductor EquipmentSector: Information Technology

Returns

Time FrameWOLFSectorS&P500
1-Week Return5.85%3.28%1.51%
1-Month Return1.15%6.76%5.65%
3-Month Return0.91%6.05%6.8%
6-Month Return-30.45%16.58%18.16%
1-Year Return-39.24%38.62%29.33%
3-Year Return-71.84%61.34%33.21%
5-Year Return-59.57%196.06%100.99%
10-Year Return-44.81%557.05%237.54%

Financials

Jun '19Jun '20Jun '21Jun '22Jun '235YR TREND
Total Revenue1.08B470.70M525.60M746.20M921.90M[{"date":"2019-06-30","value":100,"profit":true},{"date":"2020-06-30","value":43.58,"profit":true},{"date":"2021-06-30","value":48.67,"profit":true},{"date":"2022-06-30","value":69.09,"profit":true},{"date":"2023-06-30","value":85.36,"profit":true}]
Cost of Revenue689.00M312.20M361.00M496.90M642.40M[{"date":"2019-06-30","value":100,"profit":true},{"date":"2020-06-30","value":45.31,"profit":true},{"date":"2021-06-30","value":52.39,"profit":true},{"date":"2022-06-30","value":72.12,"profit":true},{"date":"2023-06-30","value":93.24,"profit":true}]
Gross Profit391.00M158.50M164.60M249.30M279.50M[{"date":"2019-06-30","value":100,"profit":true},{"date":"2020-06-30","value":40.54,"profit":true},{"date":"2021-06-30","value":42.1,"profit":true},{"date":"2022-06-30","value":63.76,"profit":true},{"date":"2023-06-30","value":71.48,"profit":true}]
Gross Margin36.20%33.67%31.32%33.41%30.32%[{"date":"2019-06-30","value":100,"profit":true},{"date":"2020-06-30","value":93.01,"profit":true},{"date":"2021-06-30","value":86.5,"profit":true},{"date":"2022-06-30","value":92.28,"profit":true},{"date":"2023-06-30","value":83.74,"profit":true}]
Operating Expenses402.20M381.10M403.00M497.40M658.10M[{"date":"2019-06-30","value":61.12,"profit":true},{"date":"2020-06-30","value":57.91,"profit":true},{"date":"2021-06-30","value":61.24,"profit":true},{"date":"2022-06-30","value":75.58,"profit":true},{"date":"2023-06-30","value":100,"profit":true}]
Operating Income(6.50M)(222.60M)(238.40M)(248.10M)(380.60M)[{"date":"2019-06-30","value":-650000000,"profit":false},{"date":"2020-06-30","value":-22260000000,"profit":false},{"date":"2021-06-30","value":-23840000000,"profit":false},{"date":"2022-06-30","value":-24810000000,"profit":false},{"date":"2023-06-30","value":-38060000000,"profit":false}]
Total Non-Operating Income/Expense(50.70M)(1.50M)(137.10M)(51.30M)65.70M[{"date":"2019-06-30","value":-77.17,"profit":false},{"date":"2020-06-30","value":-2.28,"profit":false},{"date":"2021-06-30","value":-208.68,"profit":false},{"date":"2022-06-30","value":-78.08,"profit":false},{"date":"2023-06-30","value":100,"profit":true}]
Pre-Tax Income(45.20M)(205.60M)(340.20M)(286.10M)(328.50M)[{"date":"2019-06-30","value":-4520000000,"profit":false},{"date":"2020-06-30","value":-20560000000,"profit":false},{"date":"2021-06-30","value":-34020000000,"profit":false},{"date":"2022-06-30","value":-28610000000,"profit":false},{"date":"2023-06-30","value":-32850000000,"profit":false}]
Income Taxes12.70M(8.00M)1.10M9.00M1.40M[{"date":"2019-06-30","value":100,"profit":true},{"date":"2020-06-30","value":-62.99,"profit":false},{"date":"2021-06-30","value":8.66,"profit":true},{"date":"2022-06-30","value":70.87,"profit":true},{"date":"2023-06-30","value":11.02,"profit":true}]
Income After Taxes(57.90M)(197.60M)(341.30M)(295.10M)(329.90M)[{"date":"2019-06-30","value":-5790000000,"profit":false},{"date":"2020-06-30","value":-19760000000,"profit":false},{"date":"2021-06-30","value":-34130000000,"profit":false},{"date":"2022-06-30","value":-29510000000,"profit":false},{"date":"2023-06-30","value":-32990000000,"profit":false}]
Income From Continuous Operations(57.90M)(190.60M)(341.30M)(295.10M)(329.90M)[{"date":"2019-06-30","value":-5790000000,"profit":false},{"date":"2020-06-30","value":-19060000000,"profit":false},{"date":"2021-06-30","value":-34130000000,"profit":false},{"date":"2022-06-30","value":-29510000000,"profit":false},{"date":"2023-06-30","value":-32990000000,"profit":false}]
Income From Discontinued Operations(256.60M)5.90M(181.20M)94.20M-[{"date":"2019-06-30","value":-272.4,"profit":false},{"date":"2020-06-30","value":6.26,"profit":true},{"date":"2021-06-30","value":-192.36,"profit":false},{"date":"2022-06-30","value":100,"profit":true},{"date":"2023-06-30","value":"-","profit":true}]
Net Income(57.90M)(197.60M)(341.30M)(295.10M)(329.90M)[{"date":"2019-06-30","value":-5790000000,"profit":false},{"date":"2020-06-30","value":-19760000000,"profit":false},{"date":"2021-06-30","value":-34130000000,"profit":false},{"date":"2022-06-30","value":-29510000000,"profit":false},{"date":"2023-06-30","value":-32990000000,"profit":false}]
EPS (Diluted)0.76(0.45)(0.88)(0.51)(0.70)[{"date":"2019-06-30","value":100,"profit":true},{"date":"2020-06-30","value":-59.21,"profit":false},{"date":"2021-06-30","value":-115.79,"profit":false},{"date":"2022-06-30","value":-67.11,"profit":false},{"date":"2023-06-30","value":-92.11,"profit":false}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

WOLF
Cash Ratio 3.51
Current Ratio 4.58
Quick Ratio 3.97

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

WOLF
ROA (LTM) -3.33%
ROE (LTM) -40.98%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

WOLF
Debt Ratio Lower is generally better. Negative is bad. 0.87
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.13
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 7.53

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

WOLF
Trailing PE NM
Forward PE 1111.11
P/S (TTM) 3.53
P/B 2.96
Price/FCF NM
EV/R 6.16
EV/Ebitda NM
PEG 0.01

News

U.S. forges new ''battery belt'' in hopes of electric future

Growing up, Devante Cuthbertson assumed he might have to leave his North Carolina hometown to pursue a career, but a new multi-billion-dollar Toyota battery plant is offering him a reason to stay put. The 28-year-old from Greensboro is among students of an apprenticeship program at Guilford Technical Community College, working three days weekly with the automaker with an eye on future employment. "At one point, I felt maybe I''d go to a different state or a different country and try different job avenues," Cuthbertson told AFP. But when the Toyota tie-in "came along, it was like wow, maybe North Carolina isn''t that bad." The United States is seeing an investment surge as President Joe Biden pushes to rebuild "hollowed out" industrial communities and grow domestic supply chains in key sectors like electric vehicles (EVs), batteries and semiconductors. Besides appealing to blue-collar voters in crucial swing states like North Carolina ahead of November''s presidential election, Biden aims to counter China''s dominance in green tech industries.

9 May, 2024 a 11:25 am Raw Story

3 Chip Stocks That Could Be Heading to an Early Grave

Even though semiconductors and microchips are such an integral part of the global economy , there are still some chip stocks to avoid. It’s not because of a lack of demand or even customers, considering that nearly every country in the world needs microchips for one reason or another. Rather, the warning signs can be more insidious for retail investors who may not be the most familiar with the chip industry. Sometimes, it can come down to intangible factors, like a lack of experienced personnel or unpredictable shifts in governmental policies. Other times, the microchip company may have everything it needs to succeed but simply doesn’t due to customer demands. I’ve had the pleasure of touring some of the world’s premium chip manufacturers, and I realized one thing about how they’re made. No matter the success rate or efficiency of a microchip production line, anything that can go wrong will go wrong. Intel (INTC) Many analysts have been bearish on Intel (NASDAQ: INTC ) and its role in bringing chip manufacturing back to America.

2 May, 2024 a 4:58 pm InvestorPlace

Futures Rise As Dovish Fed Boosts Sentiment, Reverse Bizarre Post-Powell Slide

Futures Rise As Dovish Fed Boosts Sentiment, Reverse Bizarre Post-Powell Slide After a bizarre reversal when US stocks first slumped and then dumped after Powell''s very dovish FOMC statement and press conference, US equity futures have regained their footing this morning and advanced as traders took comfort from the Fed’s signal that there’s no plan to raise interest rates and looked ahead to Apple’s earnings after the close. As of 7:40am, S&P 500 contracts climbed 0.7%, while Nasdaq 100 contracts add 0.9% with Apple, Amazon.com and Nvidia all posting small gains in pre-market trading. The yen was the center of attention in foreign exchange, after what appeared to be another intervention by Japanese authorities to support the currency. Treasuries extended gains following the dovish remarks from Powell, which coupled with the Fed tapering QT by more than expected, soothed fears of a rate hike. Traders now turn their attention to a string of US data, including jobless claims and factory orders on Thursday and the nonfarm payrolls report on Friday.

2 May, 2024 a 12:16 pm Zero Hedge

Wolfspeed Reports Financial Results for the Third Quarter of Fiscal Year 2024

Mohawk Valley Fab Revenue more than Doubled Sequentially; On Track for 20% Utilization in Fourth Quarter of Fiscal 2024 $2.8 Billion of Design-Ins, Second Highest Quarter on Record DURHAM, N.C.–(BUSINESS WIRE)–Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the third quarter of fiscal 2024. Quarterly Financial Highlights (Continuing operations only. All comparisons are to […] L''articolo Wolfspeed Reports Financial Results for the Third Quarter of Fiscal Year 2024 è un contenuto originale di 01net .

2 May, 2024 a 5:18 am 01net Italy

FAQs

What is Wolfspeed Inc share price today?

Wolfspeed Inc (WOLF) share price today is $25.53

Can Indians buy Wolfspeed Inc shares?

Yes, Indians can buy shares of Wolfspeed Inc (WOLF) on Vested. To buy Wolfspeed Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in WOLF stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Wolfspeed Inc be purchased?

Yes, you can purchase fractional shares of Wolfspeed Inc (WOLF) via the Vested app. You can start investing in Wolfspeed Inc (WOLF) with a minimum investment of $1.

How to invest in Wolfspeed Inc shares from India?

You can invest in shares of Wolfspeed Inc (WOLF) via Vested in three simple steps:

  • Click on Sign Up or Invest in WOLF stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Wolfspeed Inc shares
What is Wolfspeed Inc 52-week high and low stock price?

The 52-week high price of Wolfspeed Inc (WOLF) is $70.42. The 52-week low price of Wolfspeed Inc (WOLF) is $20.63.

What is Wolfspeed Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Wolfspeed Inc (WOLF) is NM

What is Wolfspeed Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Wolfspeed Inc (WOLF) is 2.96

What is Wolfspeed Inc dividend yield?

The dividend yield of Wolfspeed Inc (WOLF) is 0.00%

What is the Market Cap of Wolfspeed Inc?

The market capitalization of Wolfspeed Inc (WOLF) is $3.21B

What is Wolfspeed Inc’s stock symbol?

The stock symbol (or ticker) of Wolfspeed Inc is WOLF

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