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Price
Target price
€8.62

€8.62

12.480%
0.961
12.480%
€9.00
 
04.10.24 / Tradegate WKN: A3C4QG / Symbol: CREE / Name: Wolfspeed / Stock / Semiconductors & Semiconductor Equipment / Mid Cap /
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Wolfspeed Inc. Stock

A very strong showing by Wolfspeed Inc. today, with an increase of €0.96 (12.480%) compared to yesterday's price.
The community is currently still undecided about Wolfspeed Inc. with 1 Buy predictions and 0 Sell predictions.
With a target price of 9 € there is a slightly positive potential of 4.36% for Wolfspeed Inc. compared to the current price of 8.62 €.

Pros and Cons of Wolfspeed Inc. in the next few years

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Performance of Wolfspeed Inc. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Wolfspeed Inc. 12.480% -6.509% -6.735% -76.599% -81.268% -88.718% -82.430%
Silicon Labs Inc. -1.920% -0.952% 8.901% -2.804% -13.333% -13.333% 7.216%
Lattice Semicond. -0.860% -4.245% 19.451% -43.035% -27.400% -17.790% 180.602%
Monolithic Power Systems 2.390% -1.893% 9.136% 89.140% 44.981% 98.944% 505.109%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2024-08-01

Wolfspeed, trading under the symbol CREE, operates within the semiconductor and semiconductor equipment industry. Upon an initial review of the company's financials, it appears that Wolfspeed is currently navigating a challenging economic landscape. Despite having a promising position in a high-demand industry, various factors raise concerns regarding its profitability and overall financial health.

*Pros: *

Significant Revenue Generation: The total revenue for Wolfspeed stands at approximately $921.9 million for the year ending June 30, 2023. Coupled with a year-on-year growth in revenue of 4.2%, this indicates a positive sales trajectory which can be encouraging for investors.

News

Why Wolfspeed Plunged This Week: https://g.foolcdn.com/editorial/images/792903/gettyimages-1447219795-2.jpg
Why Wolfspeed Plunged This Week

Shares of silicon carbide producer Wolfspeed (NYSE: WOLF) fell hard this week, down 16.7% through 3:13 p.m. EDT Thursday, according to data from S&P Global Market Intelligence.

Wolfspeed has had a

3 Beaten-Down Tech Stocks That Shouldn’t Be Overlooked: https://www.marketbeat.com/logos/articles/med_20240815150405_3-beaten-down-tech-stocks-that-shouldnt-be-overloo.jpg
3 Beaten-Down Tech Stocks That Shouldn’t Be Overlooked

Equities are being whipsawed by conflicting economic data. Some data points support the soft-landing theory and would guide to lower interest rates. However, some data suggests that the economy is

Why Wolfspeed Sank Today
Why Wolfspeed Sank Today

Shares of silicon carbide chipmaker Wolfspeed (NYSE: WOLF) were sinking on Thursday, down over 20% at one point, before recovering to just a 10.2% decline.

Wolfspeed has embarked on an ambitious