Wolfspeed (WOLF) vs. Its Rivals Critical Comparison

Wolfspeed (NYSE:WOLFGet Rating) is one of 164 publicly-traded companies in the “Semiconductors & related devices” industry, but how does it weigh in compared to its competitors? We will compare Wolfspeed to related companies based on the strength of its dividends, risk, valuation, institutional ownership, analyst recommendations, earnings and profitability.

Earnings and Valuation

This table compares Wolfspeed and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Wolfspeed $746.20 million -$200.90 million -67.18
Wolfspeed Competitors $3.70 billion $765.37 million 18.42

Wolfspeed’s competitors have higher revenue and earnings than Wolfspeed. Wolfspeed is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Wolfspeed and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Wolfspeed -26.92% -4.93% -3.23%
Wolfspeed Competitors -59.26% -14.77% 0.17%

Analyst Recommendations

This is a breakdown of current ratings and price targets for Wolfspeed and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Wolfspeed 1 4 10 0 2.60
Wolfspeed Competitors 1660 7690 16114 577 2.60

Wolfspeed currently has a consensus target price of $116.33, suggesting a potential upside of 1.86%. As a group, “Semiconductors & related devices” companies have a potential upside of 31.86%. Given Wolfspeed’s competitors higher possible upside, analysts clearly believe Wolfspeed has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

55.7% of shares of all “Semiconductors & related devices” companies are owned by institutional investors. 0.6% of Wolfspeed shares are owned by company insiders. Comparatively, 9.6% of shares of all “Semiconductors & related devices” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Volatility & Risk

Wolfspeed has a beta of 1.58, suggesting that its share price is 58% more volatile than the S&P 500. Comparatively, Wolfspeed’s competitors have a beta of 1.57, suggesting that their average share price is 57% more volatile than the S&P 500.

Summary

Wolfspeed competitors beat Wolfspeed on 8 of the 13 factors compared.

About Wolfspeed

(Get Rating)

Wolfspeed, Inc. provides silicon carbide and gallium nitride (GaN) materials, power devices, and radio frequency (RF) devices based on wide bandgap semiconductor materials and silicon. The company's silicon carbide and GaN materials comprise silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. It offers silicon carbide materials for customers to manufacture products for RF, power, and other applications. The company's power devices include silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for customers and distributors to use in applications, such as electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. Its RF devices comprise GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company's products are also used in transportation, fast charging, wireless systems, 5G, motor drives, renewable energy and storage, and aerospace and defense applications; and materials products and RF devices are used in military communications, radar, satellite, and telecommunication applications. It serves customers in North America, Asia, and Europe. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.

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