Cree, Inc. (CREE)
| Market Cap | 12.62B |
| Revenue (ttm) | 877.70M |
| Net Income (ttm) | -338.30M |
| Shares Out | 109.71M |
| EPS (ttm) | -3.12 |
| PE Ratio | n/a |
| Forward PE | 232.56 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 22 |
| Last Price | $114.37 |
| Previous Close | $115.17 |
| Change ($) | -0.80 |
| Change (%) | -0.69% |
| Day's Open | 113.81 |
| Day's Range | 112.50 - 115.31 |
| Day's Volume | 1,307,552 |
| 52-Week Range | 29.15 - 123.53 |
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.
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.
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 Inv...
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?
Shares of Cree (NASDAQ:CREE) decreased 2.62% in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 533.33% over the past year to ($0.19)...
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE) today announced revenue of $216.6 million for its first quarter of fiscal 2021, ended September 27, 2020.
Cree (NASDAQ: CREE) unveils its next round of earnings this Wednesday, October 28. Get prepared with Benzinga's ultimate preview for Cree's Q1 earnings.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. will conduct a conference call and audio webcast to discuss its first quarter fiscal 2021 results and business outlook on October 28, 2020.
The company is selling its LED operations, dramatically changing the stock's investment thesis.
Cree (CREE) is in the news Monday after announcing plans to sell its LED unit to Smart Global Holdings (SGH) for as much as $300 million. The post Cree News: Smart Global Holdings to Buy Cree ...
Cree stock is up 54% since the beginning of this year, and at the current price of around $71 per share, we believe that Cree stock has more than 20% potential downside. Why is that?
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. today announced it has entered into a definitive agreement to sell its LED Products business unit to SMART Global Holdings, Inc.
Cree (CREE) reported earnings 30 days ago. What's next for the stock?
After a 108% rise since its low in March, at the current price of around $60 per share we believe Cree stock has reached its near term potential. The stock has crossed the level it was at befo...
Lighting company Cree, Inc. (NASDAQ: CREE) reported mixed fiscal fourth-quarter results Tuesday that prompted a selloff in the stock, but two Street analysts see a brighter future.
Cree's (CREE) fourth-quarter fiscal 2020 results reflect softness in demand owing to coronavirus pandemic induced supply constraints.
Cree, Inc. (CREE) CEO Gregg Lowe On Q4 2020 Results - Earnings Call Transcript
Cree (CREE) delivered earnings and revenue surprises of 10.00% and 3.49%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Cree (CREE) earnings for the lighting company's fiscal fourth quarter of 2020 have its stock heading lower after markets closed on Tuesday. The post Cree Earnings: CREE Stock Dims 2% Lower on ...
Cree Inc. CREE, -5.44% shares declined in the extended session Tuesday after the electronics component company forecast a wider-than-expected loss.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc.
Cree's (CREE) fourth-quarter fiscal 2020 results are likely to reflect ongoing momentum in silicon carbide devices amid coronavirus crisis induced macroeconomic headwinds.
Cree (CREE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc.
Cree stock (NASDAQ: CREE) is up around 32% since the beginning of this year, and at the current price of around $61 per share, we believe Cree stock could see significant downside. Why is that?
Cree (CREE) reported earnings 30 days ago. What's next for the stock?
Due to the spread of the novel Coronavirus that has rattled the stock markets and the broader economy, at the current price of $50 per share, we believe Cree stock (NASDAQ: CREE) could see sig...
Cree shares broke out from resistance during Wednesday's session after JPMorgan upgraded the stock to Neutral with a $60 price target.
Cree's (CREE) third-quarter fiscal 2020 results reflect softness in demand owing to coronavirus pandemic.
Cree, Inc. (CREE) CEO Gregg Lowe on Q3 2020 Results - Earnings Call Transcript
Cree (CREE) delivered earnings and revenue surprises of 6.67% and -0.24%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Comparing the trend in Cree (NASDAQ: CREE) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can recover to its pre-crisis le...
Cree (CREE) lowers fiscal third-quarter revenue and loss per share projections in its preliminary report owing to coronavirus pandemic.
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Cree (CREE) reported earnings 30 days ago. What's next for the stock?
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Cree beats on sales, misses on earnings -- and warns of worse to come.
Cree's (CREE) second-quarter fiscal 2020 results reflect softness in China and the inclusion of a reserve on Huawei inventory.
About CREE
Cree 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 for elec... [Read more...]
| Industry Semiconductors | IPO Date Feb 8, 1993 |
| CEO Gregg Lowe | 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 72.00, which is a decrease of -37.05% from the latest price.