Wolfspeed Stock Today
| WOLF Stock | USD 11.38 0.10 0.87% |
Performance0 of 100
| Odds Of DistressLess than 45
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Wolfspeed is trading at 11.38 as of the 15th of October 2024. This is a 0.87 percent decrease since the beginning of the trading day. The stock's lowest day price was 11.0. Wolfspeed has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Wolfspeed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of September 2024 and ending today, the 15th of October 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 9th of February 1993 | Category Technology | Classification Information Technology |
Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride technologies Europe, China, the United States, Japan, South Korea, and internationally. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina. The company has 126.87 M outstanding shares of which 39 M shares are at this time shorted by private and institutional investors with about 3.51 trading days to cover. More on Wolfspeed
Moving together with Wolfspeed Stock
| 0.78 | MU | Micron Technology Aggressive Push | PairCorr |
| 0.8 | ENTG | Entegris | PairCorr |
| 0.85 | FORM | FormFactor | PairCorr |
Moving against Wolfspeed Stock
Wolfspeed Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Gregg Lowe | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Electronic Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, NYSE Composite, Philadelphia Semiconductor Index, SP Small-Cap 600, Electronic Equipment, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsWolfspeed can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wolfspeed's financial leverage. It provides some insight into what part of Wolfspeed's total assets is financed by creditors.
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Wolfspeed (WOLF) is traded on New York Stock Exchange in USA. It is located in 4600 Silicon Drive, Durham, NC, United States, 27703 and employs 5,013 people. Wolfspeed is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.44 B. Wolfspeed conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 126.87 M outstanding shares of which 39 M shares are at this time shorted by private and institutional investors with about 3.51 trading days to cover.
Wolfspeed currently holds about 1.2 B in cash with (725.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.65.
Check Wolfspeed Probability Of Bankruptcy
Ownership AllocationThe majority of Wolfspeed outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Wolfspeed to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Wolfspeed. Please pay attention to any change in the institutional holdings of Wolfspeed as this could imply that something significant has changed or is about to change at the company.
Check Wolfspeed Ownership Details
Wolfspeed Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Artisan Partners Limited Partnership | 2024-06-30 | 3 M | |
| Ubs Group Ag | 2024-06-30 | 2.5 M | |
| Geode Capital Management, Llc | 2024-06-30 | 2.1 M | |
| Bank Of America Corp | 2024-06-30 | 1.6 M | |
| Fmr Inc | 2024-06-30 | 1.5 M | |
| Voloridge Investment Management, Llc | 2024-06-30 | 1.5 M | |
| Point72 Asset Management, L.p. | 2024-06-30 | 1.4 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 1.3 M | |
| D. E. Shaw & Co Lp | 2024-06-30 | 1.3 M | |
| Vanguard Group Inc | 2024-06-30 | 13.5 M | |
| Blackrock Inc | 2024-06-30 | 13.2 M |
Wolfspeed Historical Income Statement
Wolfspeed Stock Against Markets
Wolfspeed Corporate Management
| John Palmour | Founder Wolfspeed | Profile | |
| Rick Madormo | Senior Marketing | Profile | |
| Greg Merritt | VP Affairs | Profile | |
| Marvin Riley | Independent Director | Profile | |
| Melinda Walker | Director Communications | Profile | |
| Duyloan Le | Independent Director | Profile | |
| Priya Almelkar | Senior Officer | Profile |
Already Invested in Wolfspeed?
The danger of trading Wolfspeed is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wolfspeed is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wolfspeed. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wolfspeed is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wolfspeed is a strong investment it is important to analyze Wolfspeed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wolfspeed's future performance. For an informed investment choice regarding Wolfspeed Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolfspeed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Wolfspeed Stock please use our How to Invest in Wolfspeed guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wolfspeed. If investors know Wolfspeed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wolfspeed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.56) | Revenue Per Share 6.422 | Quarterly Revenue Growth (0.01) | Return On Assets (0.03) | Return On Equity (0.46) |
The market value of Wolfspeed is measured differently than its book value, which is the value of Wolfspeed that is recorded on the company's balance sheet. Investors also form their own opinion of Wolfspeed's value that differs from its market value or its book value, called intrinsic value, which is Wolfspeed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wolfspeed's market value can be influenced by many factors that don't directly affect Wolfspeed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wolfspeed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wolfspeed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wolfspeed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.