Wolfspeed Inc. Stock
€22.40
Your prediction
Wolfspeed Inc. Stock
Pros and Cons of Wolfspeed Inc. in the next few years
Pros
Cons
Performance of Wolfspeed Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Wolfspeed Inc. | -2.080% | -3.257% | -9.585% | -57.795% | -44.343% | -75.896% | -62.762% |
| Universal Display Corp. | -0.620% | 2.596% | -5.065% | 16.773% | -16.073% | -20.930% | -5.188% |
| Silicon Labs Inc. | -7.760% | 1.754% | -6.452% | -21.622% | -3.333% | -11.450% | 22.350% |
| Lattice Semicond. | -1.150% | -3.480% | -12.939% | -22.470% | -0.998% | 40.221% | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.In this analysis, the financial statements of Wolfspeed with the US symbol CREE, a company operating in the Semiconductors & Semiconductor Equipment industry, will be examined. Overall, the financials of the company seem to represent a mixed picture, with positive aspects such as growing total assets and investments, offset by negative aspects such as net losses over the years.
Growing Total Assets: Over the past three years, Wolfspeed's total assets have demonstrated an upward trajectory, increasing from $3.23 billion in 2020 to $3.92 billion in 2022. This growth continued into Q1 2023, with total assets amounting to $5.45 billion. This reveals the company's ability to grow and expand its asset base.
Increasing Investments: Wolfspeed's investments have grown over time, with a marked increase in recent years. From 2020 to 2022, their short-term investments increased from $790.9 million to $749.3 million, indicating a strategic focus on bolstering the company's financial position.
News
Better Tech Stock: Axcelis Technologies vs. Wolfspeed
Axcelis Technologies (NASDAQ: ACLS) and Wolfspeed (NYSE: WOLF) represent two different ways to invest in the niche market of silicon carbide chips, which can operate at higher voltages
2 Semiconductor Stocks You May Not Know Are Buys Right Now
In this video, Motley Fool contributor Jason Hall breaks down why easy-to-miss analog semiconductor companies Texas Instruments (NASDAQ: TXN) and Wolfspeed (NYSE: WOLF) are worth buying now.
*Stock
3 Millionaire-Maker Technology Stocks
Many growth-oriented investors adore tech companies because they can often expand for years by disrupting legacy industries. The sector's biggest success stories -- including Amazon, Microsoft, and