Wolfspeed Inc. Stock
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Your prediction
Wolfspeed Inc. Stock
Pros and Cons of Wolfspeed Inc. in the next few years
Pros
Cons
Performance of Wolfspeed Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Wolfspeed Inc. | - | - | - | - | - | - | - |
| Monolithic Power Systems | 0.980% | 5.705% | -14.286% | 49.663% | 37.196% | 132.607% | 192.117% |
| Lattice Semicond. | 0.170% | 3.665% | -1.864% | 13.565% | 8.360% | -7.489% | 75.704% |
| Power Integrations | -0.690% | 1.408% | -20.442% | -52.787% | -51.597% | -60.816% | -50.345% |
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.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 Stock Soared 10.1% Today
Shares of Wolfspeed (NYSE: WOLF) jumped on Tuesday, finishing the day up 10.1%. The spike came as the S&P 500 and Nasdaq Composite gained 0.9% and 0.6%, respectively.
The stock is continuing to gain
Why Wolfspeed Stock Is Plummeting Today
Wolfspeed (NYSE: WOLF) stock is plunging in Thursday's trading. The silicon-carbide (SiC) company's share price was down 15.8% as of 2 p.m. ET. At the same point in the day's trading, the S&P 500
Is There a Future for Wolfspeed?
Semiconductor company Wolfspeed (NYSE: WOLF) has delivered one of the market's biggest turnarounds this year. A Chapter 11 bankruptcy restructuring in late September eliminated 70% of the company's