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Wolfspeed (WOLF)

(Delayed Data from NYSE)

$8.10 USD

8.10
29,182,894

-0.71 (-8.06%)

Updated Sep 20, 2024 04:00 PM ET

After-Market: $8.08 -0.02 (-0.25%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 4% (11 out of 251)

Industry: Semiconductor - Discretes

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Better trading starts here.

Balance Sheet

Research for WOLF

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Wolfspeed falls in the month of June.

All items in Millions except Per Share data.

6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Assets          
Cash & Equivalents 2,175 2,955 1,199 1,155 1,252
Receivables 148 156 152 102 121
Notes Receivable 0 0 0 0 0
Inventories 441 328 227 167 179
Other Current Assets 236 169 185 55 41
Total Current Assets 3,000 3,607 1,762 1,479 1,593
Net Property & Equipment 3,652 2,191 1,481 1,292 831
Investments & Advances 79 0 0 0 56
Other Non-Current Assets 2 3 105 140 0
Deferred Charges 1 1 1 1 6
Intangibles 383 475 485 500 710
Deposits & Other Assets 867 310 84 36 35
Total Assets 7,985 6,587 3,918 3,447 3,231
Liabilities & Shareholders Equity 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Notes Payable 0 0 0 0 0
Accounts Payable 524 537 308 381 221
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 1 1 1 5 4
Accrued Expenses 62 43 37 23 38
Income Taxes Payable 1 10 12 0 3
Other Current Liabilities 78 38 32 39 25
Total Current Liabilities 665 628 389 449 291
Mortgages 0 0 0 0 0
Deferred Taxes/Income 11 4 3 3 2
Convertible Debt 3,035 3,026 1,022 824 784
Long-Term Debt 3,126 1,150 0 0 0
Non-Current Capital Leases 9 9 10 10 11
Other Non-Current Liabilities 256 149 55 45 54
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 7,103 4,965 1,478 1,330 1,142
Shareholders Equity 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 3,822 3,711 4,228 3,677 3,106
Retained Earnings -2,928 -2,064 -1,764 -1,563 -1,039
Other Equity -12 -25 -25 3 22
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 882 1,622 2,439 2,117 2,089
Total Liabilities & Shareholder's Equity 7,985 6,587 3,918 3,447 3,231
Total Common Equity 882 1,622 2,439 2,117 2,089
Shares Outstanding 125.80 124.40 123.60 115.40 108.10
Book Value Per Share 7.01 13.04 19.74 18.34 19.33

Fiscal Year End for Wolfspeed falls in the month of June.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 2,175 2,551 2,636 3,348 2,955
Receivables 148 125 133 155 156
Notes Receivable 0 0 0 0 0
Inventories 441 421 370 341 328
Other Current Assets 236 234 307 237 169
Total Current Assets 3,000 3,331 3,446 4,080 3,607
Net Property & Equipment 3,652 3,222 2,850 2,453 2,191
Investments & Advances 79 68 66 0 0
Other Non-Current Assets 2 3 3 3 3
Deferred Charges 1 1 1 1 1
Intangibles 383 383 383 384 475
Deposits & Other Assets 867 688 541 392 310
Total Assets 7,985 7,696 7,290 7,313 6,587
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 524 556 524 549 537
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 1 1 0 0 1
Accrued Expenses 62 56 51 45 43
Income Taxes Payable 1 10 10 10 10
Other Current Liabilities 78 105 86 145 38
Total Current Liabilities 665 727 671 749 628
Mortgages 0 0 0 0 0
Deferred Taxes/Income 11 11 11 4 4
Convertible Debt 3,035 3,033 3,030 3,028 3,026
Long-Term Debt 3,126 2,632 2,137 2,132 1,150
Non-Current Capital Leases 9 9 9 9 9
Other Non-Current Liabilities 256 281 145 149
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 7,103 6,674 6,140 6,067 4,965
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 3,822 3,789 3,767 3,729 3,711
Retained Earnings -2,928 -2,754 -2,605 -2,460 -2,064
Other Equity -12 -13 -12 -23 -25
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 882 1,023 1,150 1,246 1,622
Total Liabilities & Shareholder's Equity 7,985 7,696 7,290 7,313 6,587
Total Common Equity 882 1,023 1,150 1,246 1,622
Shares Outstanding 125.80 125.80 125.80 125.30 124.40
Book Value Per Share 7.01 8.13 9.14 9.94 13.04