Cree, Inc. (CREE)
| Market Cap | 10.71B |
| Revenue (ttm) | 686.60M |
| Net Income (ttm) | -415.80M |
| Shares Out | 112.89M |
| EPS (ttm) | -3.74 |
| PE Ratio | n/a |
| Forward PE | 232.56 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | July 30 |
| Last Price | $92.76 |
| Previous Close | $91.09 |
| Change ($) | 1.67 |
| Change (%) | 1.83% |
| Day's Open | 89.89 |
| Day's Range | 89.19 - 92.93 |
| Day's Volume | 1,086,117 |
| 52-Week Range | 56.39 - 129.90 |
Up almost 3x from its low in March 2020, at the current price of $93 per share, we believe Cree stock has further upside potential. Cree stock rose from $32 in March 2020 to $93 currently, much more tha...
CARLSBAD, Calif. & DURHAM, N.C.--(BUSINESS WIRE)--MaxLinear's ultra-wideband linearization solution (MaxLin) and Cree's Wolfspeed Gallium Nitride on SiC mid-band PAs achieve breakthrough performance
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. announced that Gospower will utilize Cree's Wolfspeed 650V silicon carbide MOSFETs for next generation CRPS solutions.
Benjamin Graham, the father of value investing, suggested screening the market for stocks that have a current ratio of more than 2 plus more working capital than long-term debt.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE), today announced that its senior management will present at the following virtual investor conferences.
Cree (CREE) reported earnings 30 days ago. What's next for the stock?
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. to Participate in J.P. Morgan's 49th Annual Global Technology, Media and Communications Conference
RACINE, Wis.--(BUSINESS WIRE)--Cree Lighting expands Connected Max Smart Home LED bulbs at Lowe's; introduces SmartThings compatibility, app updates, new downlight and glass bulbs.
Although Cree, Inc. (NASDAQ: CREE) reported its fiscal third-quarter results in-line with expectations and announced mixed guidance for its fiscal fourth quarter, which “leaves the narrative unchanged,”...
Third-quarter 2021 earnings were atrocious -- and Q4 won't be any better.
Cree, Inc. (NASDAQ: CREE) shares are trading lower after the company issued fourth-quarter EPS guidance below analyst estimates. JPMorgan also downgraded Cree from Neutral to Underweight with a $108 pri...
Cree's (CREE) fiscal third-quarter results reflect gains from solid demand in materials, power and RF business.
Cree (CREE) delivered earnings and revenue surprises of 4.35% and 5.86%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Cree (NASDAQ:CREE) fell after the company reported Q3 results. Quarterly Results Earnings per share fell 57.14% year over year to ($0.22), which beat the estimate of ($0.23).
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. today announced revenue from continuing operations of $137.3 million for its third quarter of fiscal 2021, ended March 28, 2021.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. will conduct a conference call to discuss its Q3 fiscal 2021 results and business outlook on April 28, 2021, at 5:00 p.m. ET.
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With the trading day about halfway over, the broad markets were pushing lower. The Dow Jones industrial average and S&P 500 were only down slightly to start the week, while the Nasdaq faced the worst of...
DURHAM, N.C.--(BUSINESS WIRE)--Cengiz Balkas, senior vice president of Wolfspeed, will be presenting virtually at the 33rd Annual Roth Conference on Monday, March 15 at 3:00PM ET.
Monday's biggest analyst calls
CNBC's Rahel Solomon & the "Halftime Report" traders take you through the biggest analyst calls of the day
DURHAM, N.C.--(BUSINESS WIRE)--Cree announced it has completed the previously announced sale of its LED Products business unit to SMART Global Holdings, Inc. effective today.
DURHAM, N.C.--(BUSINESS WIRE)--Cree CEO Gregg Lowe and CFO Neill Reynolds will present virtually at Morgan Stanley's 2021 Global Technology, Media & Telecom Conference on March 1.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. Completes $500 Million At-The-Market Equity Offering
Cree (CREE) shares opened higher after Citi upgraded the stock to Buy with a $160 price target.
Cree stock is up around 2.5x since the beginning of 2020, and at the current price around $116 per share, we believe that Cree stock has over 25% potential downside. Why is that?
Cree's (CREE) fiscal second-quarter results reflect gains from solid demand in materials, power and RF business.
Cree, Inc. (CREE) CEO Gregg Lowe on Q2 2021 Results - Earnings Call Transcript
Cree (CREE) delivered earnings and revenue surprises of 4.00% and 4.48%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Cree (NASDAQ:CREE) decreased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 140.00% over the past year to ($0.24), which beat the esti...
DURHAM, N.C.--(BUSINESS WIRE)--Cree today announced revenue from continuing operations of $127.0 million for its second quarter of fiscal 2021, ended December 27, 2020.
Cree (NASDAQ:CREE) announces its next round of earnings this Wednesday, January 27. Here is Benzinga's look at Cree's Q2 earnings report.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. announced today that Marvin A. Riley has been appointed to the Company's Board of Directors, effective January 25, 2021.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. announced today that Marvin A. Riley has been appointed to the Company's Board of Directors, effective January 25, 2021.
DURHAM, N.C.--(BUSINESS WIRE)--Cree will conduct a conference call and audio webcast to discuss its Q2 FY2021 results and business outlook on January 27, 2020, at 5:00 p.m. ET.
When Cree started out, it was known as just a lighting company. The company has transformed over the last 10 to 15 years and now looks to become a leader in the semiconductor industry.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide technology, today announced the launch of its Wolfspeed WolfPACK™ power modules.
Firm also upped FibroGen stake in December
Cree stock is up around 2.3x since the beginning of this year, and at the current price around $106 per share, we believe that Cree stock has over 20% potential downside. Why is that?
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Cree (CREE) shares continued to consolidate after Morgan Stanley downgraded the stock to Equal Weight amid valuation concerns.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE) today announced that its senior management will present in two upcoming virtual investor conferences.
Cree will be biggest benefactor of the EV/5G trends. But steep valuation and perfect execution necessary for long-term investors to profit.
JP Morgan likes this stock. I don't.
Cree stock is up 54% since the beginning of this year, and at the current price of around $70 per share, we believe that Cree stock has more than 20% potential downside. Why is that?
Cree shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 73 to 83. The post Cree Shows Market Leadership With Jump To 83 RS Rating appeared first on Investor's Bu...
Cree's (CREE) fiscal first-quarter results reflect softness in demand owing to coronavirus pandemic and headwinds from lower utilization in materials business.
Cree, Inc. (CREE) CEO Gregg Lowe on Q1 2021 Results - Earnings Call Transcript
Cree (CREE) delivered earnings and revenue surprises of 13.64% and 3.51%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
About CREE
Cree, Inc. provides lighting-class light emitting diode (LED) and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, and internationally. It operates in two segments, Wolfspeed and LED Products. The Wolfspeed segment offers silicon carbide (SiC) materials for RF, power switching, gemstones, and other applications. It also provides SiC power device products, including SiC Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards fo... [Read more...]
| Industry Semiconductors | IPO Date Feb 8, 1993 |
| CEO Charles Swoboda | Employees 5,130 |
| Stock Exchange NASDAQ | Ticker Symbol CREE |
Financial Performance
In 2020, Cree, Inc.'s revenue was $903.90 million, a decrease of -16.31% compared to the previous year's $1.08 billion. Losses were -$191.70 million, -48.89% less than in 2019.
Analyst Forecasts
According to 15 analysts, the average rating for Cree, Inc. stock is "Hold." The 12-month stock price forecast is 117.92, which is an increase of 27.12% from the latest price.