What is the price targets for Cree stock?
According to the issued ratings of 14 analysts in the last year, the consensus rating for Cree stock is Hold based on the current 1 sell rating, 7 hold ratings and 6 buy ratings for CREE. The average twelve-month price target for Cree is $103.77 with a high price target of $160.00 and a low price target of $77.00.
Who are Cree's (Cree) shareholders?
Cree trades on the NASDAQ under the ticker symbol "CREE." Who are Cree's major shareholders? Cree's stock is owned by a number of retail and institutional investors. Top institutional investors include Cutler Group LP (0.00%). Company insiders that own Cree stock include Clyde Hosein, John B Replogle and Thomas H Werner.
Is Cree stock overvalued or undervalued?
While Cree stock appears overvalued, 2020 has created many pricing discontinuities which can offer attractive trading opportunities. For example, you’ll be surprised how counter-intuitive the stock valuation is for Intel vs Cisco. What’s behind Trefis?
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Is Cree publicly traded?
Cree expects to commence trading as a NYSE-listed company at market open on October 4, 2021 under the new ticker symbol 'WOLF'. The Company will continue to trade its common stock on the Nasdaq until the close of the market on October 1, 2021.
Is Wolfspeed a good stock to buy?
The 17 analysts offering 12-month price forecasts for Wolfspeed Inc have a median target of 100.00, with a high estimate of 150.00 and a low estimate of 70.00. The median estimate represents a +29.59% increase from the last price of 77.17.
Will Wolfspeed stock go up?
The 16 analysts offering 12-month price forecasts for Wolfspeed Inc have a median target of 100.50, with a high estimate of 150.00 and a low estimate of 70.00. The median estimate represents a +40.17% increase from the last price of 71.70.
Is Wolfspeed profitable?
Consensus from 17 of the American Semiconductor analysts is that Wolfspeed is on the verge of breakeven. They expect the company to post a final loss in 2023, before turning a profit of US$65m in 2024. The company is therefore projected to breakeven around 2 years from now.
Should I buy or sell Cree stock right now?
6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cree in the last year. There are currently 1 sell rating, 4 hold...
What is Cree's stock price forecast for 2022?
6 brokers have issued 12-month target prices for Cree's stock. Their forecasts range from $80.00 to $115.00. On average, they anticipate Cree's sha...
How were Cree's earnings last quarter?
Cree, Inc. (NASDAQ:CREE) issued its quarterly earnings data on Monday, August, 16th. The LED producer reported ($0.23) earnings per share (EPS) for...
Who are Cree's key executives?
Cree's management team includes the following people: Gregg A. Lowe , President, Chief Executive Officer & Director Rick McFarland , Senior Vice...
What is Gregg Lowe's approval rating as Cree's CEO?
102 employees have rated Cree CEO Gregg Lowe on Glassdoor.com . Gregg Lowe has an approval rating of 96% among Cree's employees. This puts Gregg L...
Who are some of Cree's key competitors?
Some companies that are related to Cree include NVIDIA (NVDA) , Broadcom (AVGO) , Intel (INTC) , Texas Instruments (TXN) , Analog Devices (ADI...
What other stocks do shareholders of Cree own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Cree investors own include NVIDIA (NVDA) , Intel (INTC) ,...
What is Cree's stock symbol?
Cree trades on the NASDAQ under the ticker symbol "CREE."
What is Cree's stock price today?
One share of CREE stock can currently be purchased for approximately $71.18.
Is Cree stock a Buy, Sell or Hold?
Cree stock hasn't recieved a clear consensus rating. The average rating score is and is based on 6 buy ratings, 6 hold ratings, and 0 sell ratings.
What was the 52-week low for Cree stock?
The low in the last 52 weeks of Cree stock was 63.44. According to the current price, Cree is 115.15% away from the 52-week low.
What was the 52-week high for Cree stock?
The high in the last 52 weeks of Cree stock was 142.00. According to the current price, Cree is 51.44% away from the 52-week high.
What are analysts forecasts for Cree stock?
The 12 analysts offering price forecasts for Cree have a median target of 117.58, with a high estimate of 160.00 and a low estimate of 90.00. The m...
Barchart Technical Opinion
Business Summary
The Barchart Technical Opinion rating is a 100% Sell and ranks in the Top 1% of all short term signal directions.
Is Cree stock a buy or sell signal?
Cree, Inc. is a market-leading innovator and manufacturer of semiconductors that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Key to Cree's market advantage is its world-class materials expertise in silicon...
Is Cree stock A Buy?
The Cree stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance ...
Who rated Cree?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
How does MarketBeat calculate stock ratings?
Cree has been rated by Bank of America, and Deutsche Bank Aktiengesellschaft in the past 90 days.
Where is Cree made?
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
What are the different grades for stocks?
Founded in 1987 and headquartered in Durham, NC, Cree, Inc. is a market-leading innovator and manufacturer of semiconductors that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency.
