Wolfspeed, Inc. (WOLF)
|Net Income (ttm)||-523.90M|
|Day's Range||85.10 - 88.80|
|52-Week Range||60.56 - 129.90|
|Price Target||100.46 (+17.9%)|
|Est. Earnings Date||n/a|
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...]
In 2021, Wolfspeed's revenue was $525.60 million, an increase of 11.66% compared to the previous year's $470.70 million. Losses were -$523.90 million, 173.3% more than in 2020.Financial Statements
According to 16 analysts, the average rating for Wolfspeed stock is "Buy." The 12-month stock price forecast is 100.46, which is an increase of 17.86% from the latest price.
General Motors (GM) inks deal with Wolfspeed to ensure long-term supply of silicon carbide solutions. The automaker also teams up with GE to create a critical supply chain for EV materials.
Wolfspeed relists on NYSE to rebrand company
Wolfspeed CEO Gregg Lowe details moving his stock and transitioning the silicon carbide company from Cree to Wolfspeed. #FOXBusiness TheClamanCountdown Subscribe to Fox Business!
Chip maker Wolfspeed, formerly Cree, goes public
Gregg Lowe, Wolfspeed CEO, discusses company's trading debut and new partnership with General Motors. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb1...
CREE becomes Wolfspeed, and inks a deal with GM. The company is going all-in on wide bandage semiconductors, which will be important in a more electric future.
Bank of America remains bullish on semiconductor stocks heading into the fourth quarter, but the firm issued three semi stock downgrades Friday and said stock selection is critical at the moment. The Se...
Cree (CREE) reported earnings 30 days ago. What's next for the stock?
Cree | Wolfspeed To Transfer to the New York Stock Exchange and Trade Under New Ticker Symbol “WOLF”; To Host Investo...
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE), the global leader in Silicon Carbide technology through its Wolfspeed business, today announced that it will transfer the listing of its common ...
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. today announced that Cengiz Balkas and Tyler Gronbach will present virtually at the Citi 2021 Virtual Global Technology Conference.
This report is about Cree, Inc. ( CREE , Financial) and covers the company's fiscal year ended June 30, 2021. Listed earnings and metrics utilizing earnings are for that specific 12 month time period un...
The stock price of Cree reached its 52-week high of $130 back in February 2021, and has since dropped more than 30% from that level. Cree, a power and radio frequency semiconductor manufacturer, saw it...
Cree Inc (NASDAQ:CREE) is down 9.3% to trade at $78.30 at last check, despite the company reporting narrower-than-expected fiscal fourth-quarter losses, which beat Wall Street's estimates by 1 cent.
Cree's (CREE) fiscal fourth-quarter results reflect gains from solid demand for power and RF solutions.
A disappointing earnings report has left investors on both Wall Street and Main Street unhappy.
Cree (CREE) delivered earnings and revenue surprises of 8.00% and 0.27%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Cree (NASDAQ:CREE) fell 5.7% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 27.78% year over year to ($0.23), which beat the estimate ...
Cree | Wolfspeed and STMicroelectronics Expand Existing 150mm Silicon Carbide Wafer Supply Agreement
DURHAM, N.C. & GENEVA--(BUSINESS WIRE)--Cree, Inc. and STMicroelectronics announced today the expansion of an existing multi-year, long-term silicon carbide wafer supply agreement.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. today announced revenue from continuing operations of $145.8 million for its fourth quarter of fiscal 2021, ended June 27, 2021.
Cree (CREE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
These are tech stocks to avoid for issues ranging from slumping share prices to declining margins and even the threat of delisting. The post 7 Tech Stocks to Avoid Until They Turn Things Around appeared...
Cree (CREE) possesses 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 will conduct a conference call and audio webcast to discuss its fourth quarter fiscal 2021 results and business outlook Aug. 17 at 5:00 p.m. ET.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE) today announced that CTO John Palmour will present virtually at the Canaccord Genuity 41st Annual Growth Conference.
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE) today announced the expansion of the operations leadership team as part its accelerated growth and capacity expansion plans.
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...