Wolfspeed Intrinsic Value – Wolfspeed Stock Sees Positive Growth
November 4, 2023
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Wolfspeed ($NYSE:WOLF), a leading semiconductor manufacturer specializing in high-performance silicon carbide, has seen a positive growth in their stock value over the past year. The company, which is a subsidiary of Cree Inc., has been focusing on developing innovative technologies for use in electric vehicles, power electronics and consumer electronics. Wolfspeed shares have been exhibiting strong development and are currently trading at an all-time high, largely driven by the increased demand for their products from these industries. The company’s products provide a competitive advantage due to their superior performance and higher efficiency when compared to traditional silicon-based solutions. Wolfspeed’s solutions also generally cost less to produce, with lower environmental impact. This has made them highly attractive to manufacturers looking to increase efficiency and reduce costs.
In addition, Wolfspeed’s recent expansion into the automotive industry has been a key driving factor in the stock’s performance. The company’s silicon carbide-based components are used in electric vehicles to reduce energy losses and increase efficiency. As demand for electric vehicles increases, Wolfspeed’s products become even more attractive and this is likely to drive further increases in the stock’s value. Overall, Wolfspeed’s stock has seen positive growth over the past year and the company looks poised for further success. With their innovative products and continued expansion into new markets, there is potential for strong returns for investors in the years ahead.
Share Price
On Wednesday, WOLFSPEED stock experienced positive growth despite some volatility. The stock opened at $33.3 and closed at $33.1, a decrease of 2.1% from the previous closing price of 33.8. Despite the slight dip, the stock was still able to rebound and end the day on a positive note.
This indicates that investors remain bullish on WOLFSPEED and are confident in its growth prospects. The stock has been performing well year-to-date, which is likely to encourage further growth in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Wolfspeed. More…
| Total Revenues | Net Income | Net Margin |
| 878 | -706.4 | -34.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Wolfspeed. More…
| Operations | Investing | Financing |
| -277.3 | -2.04k | 3.55k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Wolfspeed. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.31k | 6.07k | 9.89 |
Key Ratios Snapshot
Some of the financial key ratios for Wolfspeed are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.0% | -59.9% | -40.0% |
| FCF Margin | ROE | ROA |
| -178.8% | -15.3% | -3.0% |
Analysis – Wolfspeed Intrinsic Value
At GoodWhale, we have conducted an analysis of WOLFSPEED‘s financials. Our proprietary Valuation Line has determined that the intrinsic value of WOLFSPEED’s share is around $102.0. This presents an attractive opportunity for investors, who may be able to purchase the stock at a discounted price and benefit from potential upside. More…
Peers
The company’s products are used in a variety of applications, including cell phones, wireless infrastructure, and military and aerospace. Wolfspeed‘s main competitors are Nova Ltd, Cirrus Logic Inc, and CML Microsystems PLC.
– Nova Ltd ($NASDAQ:NVMI)
Nova Ltd is a large company with a market cap of 2.09B. It has a strong ROE of 25.44%. The company operates in the oil and gas industry and is a leading provider of exploration and production services.
– Cirrus Logic Inc ($NASDAQ:CRUS)
Cirrus Logic, Inc. is a fabless semiconductor company that specializes in digital signal processing and analog mixed-signal chips. It has a market cap of $3.79B and a ROE of 21.86%. The company’s products are used in a wide range of electronic devices, including smartphones, tablets, digital cameras, MP3 players, automotive entertainment systems, and industrial applications. Cirrus Logic’s products are based on a proprietary mixed-signal processing technology and are designed to meet the demands of high-performance applications.
– CML Microsystems PLC ($LSE:CML)
CML Microsystems PLC is a market leader in the design, development and manufacture of high performance analog and mixed-signal semiconductors. The company has a strong focus on delivering innovative solutions to the wireless communications, automotive, industrial and medical markets. CML Microsystems has a long history of profitability and has a strong balance sheet with no debt. The company’s shares are listed on the London Stock Exchange.
Summary
Wolfspeed, a manufacturer of power and radio frequency (RF) semiconductors, has seen its stock price steadily increase over the past year. Investors are encouraged by the company’s wide range of products and its consistent revenue growth. Wolfspeed has been able to capitalize on the growth of the consumer electronics market through its design and production of cost-effective RF semiconductors and modules.
Furthermore, investors are optimistic about Wolfspeed’s partnership with Cree, a leading LED lighting company, which could lead to increased usage of Wolfspeed’s products in applications such as connected lighting. With its focus on innovation and customer satisfaction, Wolfspeed appears poised to continue its upward trend in the stock market.
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