Cree Company Profile (NASDAQ:CREE)

Analyst Ratings

Consensus Ratings for Cree (NASDAQ:CREE) (?)
Ratings Breakdown: 1 Sell Rating(s), 10 Hold Rating(s), 5 Buy Rating(s)
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $33.92 (18.01% upside)

Analysts' Ratings History for Cree (NASDAQ:CREE)
Show:
DateFirmActionRatingPrice TargetActions
7/17/2016Cowen and CompanyReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/17/2016Needham & Company LLCReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/17/2016Canaccord GenuityReiterated RatingHold$19.00 -> $24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/15/2016Deutsche Bank AGBoost Price TargetHold$23.00 -> $26.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/13/2016Pacific CrestInitiated CoverageFair Value -> Sector Perform$24.00 -> $23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/19/2016Oppenheimer Holdings Inc.Reiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/6/2016Summit ResearchReiterated RatingHold$30.00 -> $25.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/6/2016StephensReiterated RatingBuy$40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/6/2016Bank of America Corp.Reiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/28/2016WedbushLower Price TargetOutperform$77.00 -> $73.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/28/2016Credit Suisse Group AGLower Price TargetNeutral$60.00 -> $50.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/22/2016Piper Jaffray Cos.UpgradeNeutral -> Overweight$27.00 -> $37.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/5/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$30.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/4/2016Northland SecuritiesUpgradeMarket Perform -> Outperform$35.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/5/2015Goldman Sachs Group Inc.DowngradeNeutral -> Sell$24.00 -> $21.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/11/2015GabelliReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/26/2015Raymond James Financial Inc.Reiterated RatingUnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/21/2015Credit Agricole SAUpgradeSell -> UnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/22/2014DA DavidsonDowngradeBuy -> Neutral$44.00 -> $31.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/7/2014ING GroupDowngradeHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/3/2014CannLower Price Target$41.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/15/2014Barclays PLCDowngradeBuy -> Neutral$48.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/13/2014SusquehannaReiterated RatingNeutral$50.00 -> $42.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/25/2014 forward)

Earnings

Earnings History for Cree (NASDAQ:CREE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/16/2016        
4/26/2016Q316$0.14$0.17$370.49 million$367.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/19/2016Q216$0.24$0.30$435.27 million$436.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/20/2015Q1$0.20$0.21$418.67 million$425.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/11/2015Q415($0.03)($0.19)$378.92 million$382.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2015Q315$0.23$0.22$409.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/20/2015Q215$0.22$0.33$412.08 million$413.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/21/2014Q115$0.36$0.24$432.60 million$427.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/12/2014Q414$0.41$0.42$444.11 million$436.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/22/2014Q314$0.38$0.39$407.28 million$405.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/21/2014Q214$0.39$0.46$412.36 million$415.09 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/22/2013Q114$0.39$0.39$392.31 million$391.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/13/2013Q4 2013$0.38$0.38$377.21 million$375.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2013Q3 2013$0.34$0.34$341.96 million$348.93 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2013Q2 2013$0.30$0.32$331.06 million$346.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/16/2012$0.26$0.27ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/7/2012$0.23$0.25ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/17/2012$0.21$0.20ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/17/2012$0.26$0.25ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/18/2011$0.25$0.25ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/9/2011$0.27$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/19/2011$0.29$0.27ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/18/2011$0.58$0.55ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cree (NASDAQ:CREE)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.04$0.04$0.04
Q2 20161$0.11$0.11$0.11
Q4 20161$0.07$0.07$0.07
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Cree (NASDAQ:CREE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Cree (NASDAQ:CREE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
2/16/2016Anne Clem WhitakerDirectorSell623$30.00$18,690.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/1/2015Robert Alexander IngramDirectorSell3,750$27.67$103,762.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/17/2015John B ReplogleDirectorBuy5,000$23.30$116,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/3/2015Anne Clem WhitakerDirectorSell1,994$26.74$53,319.56View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/5/2015Norbert HillerEVPBuy5,000$30.14$150,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/2/2015John B ReplogleDirectorBuy1,166$30.41$35,458.06View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/26/2015Charles M SwobodaCEOBuy10,000$29.32$293,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/23/2014John B ReplogleDirectorBuy5,000$27.75$138,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/4/2014Clyde HoseinDirectorSell5,000$44.73$223,650.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/12/2014John ReplogleDirectorBuy1,250$46.29$57,862.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/24/2014Alan RuudDirectorSell25,000$50.05$1,251,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/23/2014Alan RuudDirectorSell32,500$63.76$2,072,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/21/2013Alan RuudDirectorSell25,000$54.95$1,373,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/24/2013Alan J RuudDirectorSell32,500$61.67$2,004,275.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/24/2013Charles M SwobodaCEOSell40,000$61.67$2,466,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/24/2013Norbert HillerEVPSell6,667$61.67$411,153.89View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/7/2013Clyde HoseinDirectorSell5,000$62.87$314,350.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/28/2013Harvey A WagnerDirectorSell5,000$61.25$306,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/22/2013Tyrone D Mitchell JrEVPSell27,500$61.90$1,702,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/9/2012Harvey A WagnerDirectorSell5,000$27.11$135,550.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Cree (NASDAQ:CREE)
DateHeadline
07/25/16 06:41 PM3 Costs of Homeownership That Might Creep Up on You - Consider yourself warned.
07/25/16 08:08 AMNotable Analyst's Ranking Preview: F5 Networks, Inc. (NASDAQ:FFIV) , Cree, Inc. (NASDAQ:CREE) - Street Updates
07/24/16 03:14 PMPrice Target of $27.666 Set For Cree, Inc. (NASDAQ:CREE) - RealistInvestor.com
07/23/16 07:37 AMCree, Inc. (NASDAQ:CREE): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily
07/22/16 03:25 PMEPS Roundup: Fluor Corporation (NYSE:FLR), Cree, Inc. (NASDAQ:CREE), Golar LNG Limited (NASDAQ:GLNG ... - Engelwood Daily
07/22/16 03:25 PM4 Important Factors for Technical Analysis
07/22/16 10:17 AMAttention Grasping Stock With Upward Momentum: Cree, Inc. (NASDAQ:CREE) - TGP
07/22/16 10:17 AMCree offers 10-year warranty on intelligent lighting systems
07/21/16 03:29 PMEquity Roundup: Stock Performance Focus on Cree, Inc. (NASDAQ:CREE) - Press Telegraph
07/21/16 03:01 PMCree First to Offer a 10-Year Warranty on Intelligent Lighting Systems - [Business Wire] - Cree, Inc. continues its commitment to delivering better light with the introduction of the first 10-year warranty for intelligent lighting systems on all new Cree SmartCast® Technology luminaires with integrated sensors.
07/21/16 04:58 AMCree, Inc. (NASDAQ:CREE) Current Analyst Ratings - Fiscal Standard
07/20/16 04:32 PMThe Eenou-Eeyou Community Foundation announces a $250,000 contribution from Goldcorp to the Aanischaaukamikw Securing the Future fundraising campaign
07/19/16 08:45 PMEarnings Focus and Crowd Sourced Sentiment Review for Cree, Inc. (NASDAQ:CREE) - TGP
07/19/16 08:45 PMTech Stocks Reports: Cree, Inc. (NASDAQ:CREE), ARRIS International plc (NASDAQ:ARRS) - share market updates (press release)
07/19/16 08:45 PMCree Inc Realized Volatility Hits Elevated Level - CML News
07/19/16 09:37 AMInside Infineon's promise to Plastina following its $850M Cree deal
07/19/16 09:37 AMCree : SmartCast PoE Chosen by Quest for High Availability Business Center
07/19/16 08:00 AMCree SmartCast PoE Chosen by Quest for High Availability Business Center - [Business Wire] - Quest, a worldwide leader in technology management offering professional, cloud, and managed service, selected SmartCast® Power over Ethernet LED lighting by Cree, Inc. integrated with a Cisco network for its new High Availability Business Center in Roseville, California.
07/18/16 03:42 PMCREE INC Files SEC form 8-K/A, Financial Statements and Exhibits -
07/18/16 03:39 PMCREE INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits -
07/18/16 03:36 PMAnalyst: Why Cree's $850M Infineon deal is good news
07/18/16 03:36 PMHC Stocks Alerts: Cree, Inc. (NASDAQ:CREE), Garmin Ltd. (NASDAQ:GRMN) - share market updates (press release)
07/18/16 08:23 AMDon't Miss This Chance To Buy Cree Inc (NASDAQ:CREE) - Street Report
07/17/16 03:09 PMShare Performance Summary for: Cree, Inc. (NASDAQ:CREE) - Press Telegraph
07/17/16 03:09 PMCree, Inc. (NASDAQ:CREE) Broker Price Targets For The Coming Week - Fiscal Standard
07/17/16 03:09 PMCree, Inc. (NASDAQ:CREE) Given $27.166 Price Target - RealistInvestor.com
07/16/16 03:18 PMCree, Inc. (NASDAQ:CREE) Insiders Look Pessimistic About Prospects - Review Fortune
07/16/16 03:18 PMA statement released today by Deutsche Bank about (NASDAQ:CREE) Cree Inc. raises the target price to $26 - Breaking Finance News
07/16/16 03:18 PMA statement released today by Deutsche Bank about (NASDAQ:CREE) Cree Inc. raises the target price to $26
07/15/16 07:29 PMCree CEO: Wolfspeed sale ushers in 'Cree 3.0'
07/15/16 07:29 PMCree Inc. (CREE) is Trading Higher on Unusual Volume for July 14
07/15/16 07:29 PMCree Inc. (CREE) Is Surging After Sale Of Wolfspeed
07/15/16 07:29 PMCree Inc. (CREE) is Trading Higher on Unusual Volume for July 14 - Equities.com
07/15/16 03:48 PMCree: Analysts Cautiously Optimistic After Wolfspeed Sale, Forecast - [at Barrons.com] - Cree (CREE) ended lower on Friday, a day after it soared on news that it agreed to sell its Wolfspeed unit to Infineon Technologies (IFNNY) for $850 million. A few analysts weighed in on the sale—as well as Cree’s upbeat guidance—on Thursday, and most are still cautious on the stock, but see the developments as positive. Canaccord’s Jed Dorsheimer reiterated a Hold rating but upped his price target by $5, to $24: Cree's sale of its Wolfspeed Power & RF segment and preliminary revenue results are certainly much needed incremental positive steps, which investors should appreciate.
07/15/16 02:27 PMCree Inc. (CREE) Leaped To A 3-Month High After Sale Of Wolfspeed
07/15/16 02:27 PMActive Volatile Stocks- MasterCard (NYSE:MA), Cree, Inc. (NASDAQ:CREE), Laredo Petroleum (NYSE:LPI) - Seneca Globe
07/15/16 02:27 PMInvestor Catching Stock: Cree, Inc. (NASDAQ:CREE) - News Oracle
07/15/16 01:43 PMWhy Is Cree Selling-Off Its Power & RF Business ("Wolfspeed") To Infineon? - In a move to increase its resources and become a more focused LED lighting company, leading LED manufacturer Cree announced the execution of a definitive agreement to sell its Power & RF business (“Wolfspeed”) to Infineon yesterday. In May 2015, the company had announced its decision to spin-off its Power & RF business into a separate publicly traded company, with a proposed name of Wolfspeed. The company was expected to execute the IPO of Wolfspeed in fiscal 2016. (Read Cree’s Press Release) However, Cree said that it never executed the IPO because it was approached by other companies interested in purchasing its Power & RF business.
07/15/16 08:54 AMActive Movers: Forbes Energy Services Ltd.(NASDAQ:FES), Cree, Inc.(NASDAQ:CREE) - NYSE Journal (press release)
07/15/16 08:54 AMNew Broker Ratings For Cree, Inc. (NASDAQ:CREE) - FTSE News
07/15/16 08:54 AMInfineon to acquire Wolfspeed, power and RF division of Cree, Inc. - ElectroIQ (blog)
07/15/16 07:53 AMCoverage of Top Gainers Ocean Power Technologies, Harsco, and Cree -
07/15/16 07:00 AMStrength Seen in Cree (CREE) Stock Adds 10.6% in Session -
07/14/16 08:57 PMCree Focuses on LED Business, Sells Wolfspeed Power and RF Division
07/14/16 08:57 PMCREE Crosses Above Average Analyst Target
07/14/16 03:38 PMInfinium (IFX) to Acquire Cree’s (CREE) Power and RF Division
07/14/16 03:38 PMInfineon to buy Cree's Wolfspeed for $850 million
07/14/16 03:38 PMCree, Inc. (CREE) Stock Rallies On Strong Q4 Preliminary Results
07/14/16 03:38 PMCree Shares Cross Above 200 DMA
07/14/16 03:38 PMSession Recap: Active Stock Watch for Cree, Inc. (NASDAQ:CREE) - Telanagana Press

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About Cree

Cree logoCree, Inc. is a manufacturer of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. The Company's products are focused for applications, such as indoor and outdoor lighting, video displays, transportation, electronic signs and signals, power supplies, inverters and wireless systems. The Company has three segments: Lighting Products, LED Products, and Power and RF Products. The Company's Lighting Products segment offers LED lighting systems and bulbs. The Company's LED Products segment offers LED components, LED chips and silicon carbide (SiC) materials. The Company's Power and RF Products segment offers power devices and RF devices. The Company designs, manufactures and markets lighting systems for indoor and outdoor applications, with a focus on LED lighting systems for the commercial, industrial and consumer markets.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor Equipment & Materials
  • Sub-Industry: Semiconductors
  • Exchange: NASDAQ
  • Symbol: CREE
  • CUSIP: 22544710
Key Metrics:
  • Previous Close: $28.74
  • 50 Day Moving Average: $25.42
  • 200 Day Moving Average: $26.45
  • P/E Ratio: N/A
  • P/E Growth: 1.16
  • Market Cap: $2.89B
  • Beta: 1.11
  • Current Year EPS Consensus Estimate: $0.88 EPS
  • Next Year EPS Consensus Estimate: $0.97 EPS
Additional Links:
Cree (NASDAQ:CREE) Chart for Monday, July, 25, 2016