Wolfspeed Inc.


SKU: WOLF-1 Category:


Wolfspeed Inc. delivered mixed results in the last quarter, with revenues above Wall Street expectations but below-par earnings. The company’s Mohawk Valley Fab, the largest fully-automated 200-mm silicon carbide fab, started shipping products and continues to ramp production, thus contributing revenue. Wolfspeed made great strides to diversify its device customer base across the energy, industrial, and automotive sectors with flagship agreements with key Tier 1s and OEMs, including ZF, BorgWarner, Mercedes, and Jaguar Land Rover. With customers transitioning to silicon carbide, the company continues to see growth in the traditional energy and industrial segment. Moreover, emergent industrial applications like electric vehicle take-off, landing aircraft, and e-mobility integrate Wolfspeed silicon carbide in their initial designs to improve range and reduce system weight. From the material perspective, the company secured a long-term water supply pact with Renesas Electronics Corporation. From a materials perspective, the construction at the JP is underway. From a device perspective, it is seeing continued growth across its end markets. Besides that, the company disclosed an agreement with MACOM Technology, where MACOM will acquire RF business of Wolfspeed.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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