wolfspeed - WOLF

WOLF

Close Chg Chg %
7.73 0.12 1.49%

Closed Market

7.84

+0.12 (1.49%)

Volume: 10.48M

Last Updated:

Dec 26, 2024, 3:59 PM EDT

Company Overview: wolfspeed - WOLF

WOLF Key Data

Open

$7.65

Day Range

7.40 - 8.09

52 Week Range

6.11 - 47.43

Market Cap

$989.78M

Shares Outstanding

127.71M

Public Float

126.34M

Beta

1.38

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$5.95

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

10.16M

 

WOLF Performance

1 Week
 
10.09%
 
1 Month
 
-19.10%
 
3 Months
 
-23.87%
 
1 Year
 
-82.19%
 
5 Years
 
-83.48%
 

WOLF Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 18
Full Ratings ➔

About wolfspeed - WOLF

Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide and gallium nitride (GaN) materials and devices for power and radio-frequency (RF) applications. Its product families include silicon carbide and GaN materials, power devices and RF devices, and its products are targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

WOLF At a Glance

Wolfspeed, Inc.
4600 Silicon Drive
Durham, North Carolina 27703
Phone 1-919-313-5300 Revenue 807.20M
Industry Semiconductors Net Income -864,200,000.00
Sector Electronic Technology Employees 5,013
Fiscal Year-end 06 / 2025
View SEC Filings

WOLF Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 3.544
Price to Book Ratio 3.262
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -36.532
Enterprise Value to Sales 8.644
Total Debt to Enterprise Value 0.902

WOLF Efficiency

Revenue/Employee 161,021.345
Income Per Employee -172,391.781
Receivables Turnover 2.785
Total Asset Turnover 0.111

WOLF Liquidity

Current Ratio 4.509
Quick Ratio 3.815
Cash Ratio 3.269

WOLF Profitability

Gross Margin 9.452
Operating Margin -46.085
Pretax Margin -70.924
Net Margin -107.061
Return on Assets -7.873
Return on Equity -45.815
Return on Total Capital -7.996
Return on Invested Capital -8.764

WOLF Capital Structure

Total Debt to Total Equity 713.23
Total Debt to Total Capital 87.703
Total Debt to Total Assets 78.794
Long-Term Debt to Equity 712.391
Long-Term Debt to Total Capital 87.60
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Wolfspeed - WOLF

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
525.60M 746.20M 921.90M 807.20M
Sales Growth
-41.85% +41.97% +23.55% -12.44%
Cost of Goods Sold (COGS) incl D&A
375.50M 510.50M 653.30M 730.90M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
120.90M 129.80M 164.00M 181.00M
Depreciation
100.50M 110.80M 148.10M 175.50M
Amortization of Intangibles
20.40M 19.00M 15.90M 5.50M
COGS Growth
-43.96% +35.95% +27.97% +11.88%
Gross Income
150.10M 235.70M 268.60M 76.30M
Gross Income Growth
-35.80% +57.03% +13.96% -71.59%
Gross Profit Margin
+28.56% +31.59% +29.14% +9.45%
2021 2022 2023 2024 5-year trend
SG&A Expense
359.40M 399.90M 460.70M 448.30M
Research & Development
177.80M 196.40M 225.40M 201.90M
Other SG&A
181.60M 203.50M 235.30M 246.40M
SGA Growth
-9.15% +11.27% +15.20% -2.69%
Other Operating Expense
- - 2.80M 3.40M
-
Unusual Expense
84.60M 39.80M (27.30M) 26.20M
EBIT after Unusual Expense
(296.70M) (204.00M) (168.20M) (398.20M)
Non Operating Income/Expense
1.90M (57.00M) (117.70M) 72.00M
Non-Operating Interest Income
10.10M 11.80M 58.20M 135.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
45.40M 25.10M 42.60M 246.30M
Interest Expense Growth
+30.09% -44.71% +69.72% +478.17%
Gross Interest Expense
45.40M 25.10M 43.40M 274.60M
Interest Capitalized
- - 800.00K 28.30M
-
Pretax Income
(340.20M) (286.10M) (328.50M) (572.50M)
Pretax Income Growth
-78.68% +15.90% -14.82% -74.28%
Pretax Margin
-64.73% -38.34% -35.63% -70.92%
Income Tax
1.10M 9.00M 1.40M 1.10M
Income Tax - Current - Domestic
300.00K 400.00K 400.00K 200.00K
Income Tax - Current - Foreign
100.00K 8.00M 500.00K 900.00K
Income Tax - Deferred - Domestic
- 700.00K 700.00K 700.00K
Income Tax - Deferred - Foreign
- - (100.00K) (200.00K)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(341.30M) (295.10M) (329.90M) (573.60M)
Minority Interest Expense
- - - 1.40M
-
Net Income
(342.70M) (295.10M) (329.90M) (573.60M)
Net Income Growth
-78.77% +13.89% -11.79% -73.87%
Net Margin Growth
-65.20% -39.55% -35.78% -71.06%
Extraordinaries & Discontinued Operations
- (181.20M) 94.20M (290.60M)
Discontinued Operations
- (181.20M) 94.20M (290.60M)
Net Income After Extraordinaries
(523.90M) (200.90M) (329.90M) (864.20M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(523.90M) (200.90M) (329.90M) (864.20M)
EPS (Basic)
-4.6633 -1.6725 -2.6525 -6.8755
EPS (Basic) Growth
-162.56% +64.13% -58.59% -159.21%
Basic Shares Outstanding
112.35M 120.12M 124.37M 125.69M
EPS (Diluted)
-4.6633 -1.6725 -2.6525 -6.8755
EPS (Diluted) Growth
-162.56% +64.13% -58.59% -159.21%
Diluted Shares Outstanding
112.35M 120.12M 124.37M 125.69M
EBITDA
(91.20M) (34.40M) (31.50M) (191.00M)
EBITDA Growth
-128.00% +62.28% +8.43% -506.35%
EBITDA Margin
-17.35% -4.61% -3.42% -23.66%

Snapshot

Average Recommendation HOLD Average Target Price 13.947
Number of Ratings 18 Current Quarters Estimate -1.022
FY Report Date 12 / 2024 Current Year's Estimate -3.578
Last Quarter’s Earnings -0.91 Median PE on CY Estimate N/A
Year Ago Earnings -2.59 Next Fiscal Year Estimate -2.278
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 15 16 15
Mean Estimate -1.02 -0.88 -3.58 -2.28
High Estimates -0.90 -0.57 -3.08 -1.45
Low Estimate -1.18 -0.98 -4.03 -3.91
Coefficient of Variance -5.49 -12.37 -6.62 -29.01

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 5 5
OVERWEIGHT 1 1 1
HOLD 9 9 11
UNDERWEIGHT 1 1 1
SELL 3 3 1
MEAN Hold Hold Hold

Insider Actions for Wolfspeed - WOLF

Date Name Shares Transaction Value
May 31, 2024 John C. Hodge Director 25,136 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $23.56 per share 592,204.16
May 31, 2024 Stacy J. Smith Director 19,023 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $23.56 per share 448,181.88
May 30, 2024 Marvin A. Riley Director 11,875 Open market or private purchase of non-derivative security Non-derivative transaction at $27.03 per share 320,981.25
May 30, 2024 Marvin A. Riley Director 13,297 Open market or private purchase of non-derivative security Non-derivative transaction at $27.06 per share 359,816.82

Wolfspeed in the News