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Wolfspeed (WOLF)

(Delayed Data from NYSE)

$26.11 USD

26.11
4,463,129

-0.92 (-3.40%)

Updated May 1, 2024 04:04 PM ET

Pre-Market: $23.90 -2.21 (-8.46%) 9:00 AM 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

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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 D 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%.

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

Top 40% (100 out of 251)

Industry: Semiconductor - Discretes

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

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.

6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Assets          
Cash & Equivalents 2,955 1,199 1,155 1,252 1,051
Receivables 156 152 102 121 129
Notes Receivable 0 0 0 0 0
Inventories 328 227 167 179 187
Other Current Assets 169 185 55 41 45
Total Current Assets 3,607 1,762 1,479 1,593 1,413
Net Property & Equipment 2,191 1,481 1,292 831 625
Investments & Advances 0 0 0 56 40
Other Non-Current Assets 3 105 140 0 0
Deferred Charges 1 1 1 6 6
Intangibles 475 485 500 710 728
Deposits & Other Assets 310 84 36 35 6
Total Assets 6,587 3,918 3,447 3,231 2,817
Liabilities & Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 537 308 381 221 201
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 1 1 5 4 0
Accrued Expenses 43 37 23 38 46
Income Taxes Payable 10 12 0 3 3
Other Current Liabilities 38 32 39 25 19
Total Current Liabilities 628 389 449 291 268
Mortgages 0 0 0 0 0
Deferred Taxes/Income 4 3 3 2 2
Convertible Debt 3,026 1,022 824 784 469
Long-Term Debt 1,150 0 0 0 0
Non-Current Capital Leases 9 10 10 11 0
Other Non-Current Liabilities 149 55 45 54 36
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 4,965 1,478 1,330 1,142 776
Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 3,711 4,228 3,677 3,106 2,874
Retained Earnings -2,064 -1,764 -1,563 -1,039 -848
Other Equity -25 -25 3 22 15
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 1,622 2,439 2,117 2,089 2,041
Total Liabilities & Shareholder's Equity 6,587 3,918 3,447 3,231 2,817
Total Common Equity 1,622 2,439 2,117 2,089 2,041
Shares Outstanding 124.40 123.60 115.40 108.10 105.20
Book Value Per Share 13.04 19.74 18.34 19.33 19.40

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

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,636 3,348 2,955 2,248
Receivables NA 133 155 156 165
Notes Receivable NA 0 0 0 0
Inventories NA 370 341 328 289
Other Current Assets NA 307 237 169 147
Total Current Assets NA 3,446 4,080 3,607 2,849
Net Property & Equipment NA 2,850 2,453 2,191 1,904
Investments & Advances NA 66 0 0 0
Other Non-Current Assets NA 3 3 3 3
Deferred Charges NA 1 1 1 1
Intangibles NA 383 384 475 477
Deposits & Other Assets NA 541 392 310 221
Total Assets NA 7,290 7,313 6,587 5,455
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 524 549 537 522
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 1 1
Accrued Expenses NA 51 45 43 42
Income Taxes Payable NA 10 10 10 10
Other Current Liabilities NA 86 145 38 34
Total Current Liabilities NA 671 749 628 607
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 11 4 4 4
Convertible Debt NA 3,030 3,028 3,026 3,023
Long-Term Debt NA 2,137 2,132 1,150 0
Non-Current Capital Leases NA 9 9 9 9
Other Non-Current Liabilities NA 145 149 104
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 6,140 6,067 4,965 3,748
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 3,767 3,729 3,711 3,681
Retained Earnings NA -2,605 -2,460 -2,064 -1,951
Other Equity NA -12 -23 -25 -23
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 1,150 1,246 1,622 1,707
Total Liabilities & Shareholder's Equity NA 7,290 7,313 6,587 5,455
Total Common Equity 0 1,150 1,246 1,622 1,707
Shares Outstanding 125.80 125.80 125.30 124.40 124.40
Book Value Per Share 0.00 9.14 9.94 13.04 13.72