The company's fundamentals are relatively healthy.Its valuation is considered fairly valued,and institutional recognition is very high.Over the past 30 days, multiple analysts have rated the company as a Hold.Despite a strong stock market performance and outperforming fundamentals, the technicals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
149 / 269
Overall Ranking
339 / 4755
Industry
Technology Equipment
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analysts' Target
Based on
6
analysts
Hold
Current Rating
5.550
Target Price
+330.23%
Upside Space
Disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide materials and devices for power applications. The Company's product families include power devices and silicon carbide and gallium nitride (GaN) materials. Its products are targeted for various applications such as electric vehicles, fast charging and renewable energy and storage. Its silicon carbide materials products consist of silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. Its silicon carbide materials are targeted for customers who use them to manufacture products for radio frequency, power and other applications. Its power device products consist of silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs) and power modules. The Company's featured products include SpeedVal Kit Modular Evaluation Platform, TOLL Silicon Carbide MOSFETs, and Wolfspeed WolfPACK Silicon Carbide Power Modules Family.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 41.09% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 330.16.
Overvalued
The company’s latest PE is -0.16, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 126.93M shares, decreasing 34.56% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 8.46M shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.54.
Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide materials and devices for power applications. The Company's product families include power devices and silicon carbide and gallium nitride (GaN) materials. Its products are targeted for various applications such as electric vehicles, fast charging and renewable energy and storage. Its silicon carbide materials products consist of silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. Its silicon carbide materials are targeted for customers who use them to manufacture products for radio frequency, power and other applications. Its power device products consist of silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs) and power modules. The Company's featured products include SpeedVal Kit Modular Evaluation Platform, TOLL Silicon Carbide MOSFETs, and Wolfspeed WolfPACK Silicon Carbide Power Modules Family.