Added to YB: 2024-02-16
Pitch date: 2024-02-15
WOLF [bullish]
Wolfspeed, Inc.
-99.2%
current return
Author Info
No bio for this author
Company Info
Wolfspeed, Inc., a semiconductor company, focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia Pacific, the United States, and internationally.
Market Cap
$514.2M
Pitch Price
$3.3K
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.93
P/E
-0.01
EV/Sales
-0.54
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Wolfspeed: Still Full Speed Ahead
WOLF: Trades at multi-year lows despite EV focus. New fab scaling up: $12M Dec revenue, $20M March target, 20% June utilization. $22.4B backlog w/ $2.1B Q4 design-ins, 120 models across 30 OEMs. $3.6B mkt cap only 1.7x quarterly wins. Low margins & costs now, but $200M quarterly revs +$25M sequential growth. 2x FY26 revs = opportunity.
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