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Wolfspeed (WOLF) Competitors

$19.24
+0.90 (+4.91%)
(As of 07/26/2024 ET)

WOLF vs. DRS, ALGM, CRDO, PI, LPL, SITM, NSSC, ICHR, INDI, and SHLS

Should you be buying Wolfspeed stock or one of its competitors? The main competitors of Wolfspeed include Leonardo DRS (DRS), Allegro MicroSystems (ALGM), Credo Technology Group (CRDO), Impinj (PI), LG Display (LPL), SiTime (SITM), Napco Security Technologies (NSSC), Ichor (ICHR), indie Semiconductor (INDI), and Shoals Technologies Group (SHLS). These companies are all part of the "electronic equipment" industry.

Wolfspeed vs.

Wolfspeed (NYSE:WOLF) and Leonardo DRS (NASDAQ:DRS) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, community ranking, analyst recommendations, media sentiment, profitability, earnings, dividends and risk.

18.8% of Leonardo DRS shares are owned by institutional investors. 0.6% of Wolfspeed shares are owned by insiders. Comparatively, 0.1% of Leonardo DRS shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Wolfspeed had 8 more articles in the media than Leonardo DRS. MarketBeat recorded 18 mentions for Wolfspeed and 10 mentions for Leonardo DRS. Leonardo DRS's average media sentiment score of 0.81 beat Wolfspeed's score of 0.34 indicating that Leonardo DRS is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Wolfspeed
6 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Leonardo DRS
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Wolfspeed has a beta of 1.6, indicating that its stock price is 60% more volatile than the S&P 500. Comparatively, Leonardo DRS has a beta of 0.89, indicating that its stock price is 11% less volatile than the S&P 500.

Wolfspeed presently has a consensus target price of $35.43, indicating a potential upside of 84.52%. Leonardo DRS has a consensus target price of $27.20, indicating a potential downside of 4.23%. Given Wolfspeed's higher probable upside, research analysts clearly believe Wolfspeed is more favorable than Leonardo DRS.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Wolfspeed
1 Sell rating(s)
10 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.20
Leonardo DRS
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Leonardo DRS has a net margin of 6.28% compared to Wolfspeed's net margin of -96.12%. Leonardo DRS's return on equity of 9.35% beat Wolfspeed's return on equity.

Company Net Margins Return on Equity Return on Assets
Wolfspeed-96.12% -27.37% -4.78%
Leonardo DRS 6.28%9.35%5.65%

Wolfspeed received 16 more outperform votes than Leonardo DRS when rated by MarketBeat users. However, 82.35% of users gave Leonardo DRS an outperform vote while only 30.30% of users gave Wolfspeed an outperform vote.

CompanyUnderperformOutperform
WolfspeedOutperform Votes
30
30.30%
Underperform Votes
69
69.70%
Leonardo DRSOutperform Votes
14
82.35%
Underperform Votes
3
17.65%

Leonardo DRS has higher revenue and earnings than Wolfspeed. Wolfspeed is trading at a lower price-to-earnings ratio than Leonardo DRS, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Wolfspeed$921.90M2.64-$329.90M-$6.46-2.99
Leonardo DRS$2.83B2.65$168M$0.7040.67

Summary

Leonardo DRS beats Wolfspeed on 12 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WOLF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WOLF vs. The Competition

MetricWolfspeedSemiconductors & related devices IndustryComputer SectorNYSE Exchange
Market Cap$2.43B$52.12B$21.66B$18.53B
Dividend YieldN/A1.87%2.67%3.51%
P/E Ratio-2.9919.87242.2723.40
Price / Sales2.6422.42591.1815.47
Price / CashN/A26.1731.1419.61
Price / Book1.486.406.775.07
Net Income-$329.90M$905.18M$630.42M$976.63M
7 Day Performance-7.77%-1.76%0.46%1.29%
1 Month Performance-15.80%0.27%3.91%5.89%
1 Year Performance-69.35%3.80%11.84%7.65%

Wolfspeed Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DRS
Leonardo DRS
1.3303 of 5 stars
1.33 / 5 stars
$27.93
-2.9%
$27.20
-2.6%
+64.3%$7.35B$2.83B39.906,600Upcoming Earnings
High Trading Volume
ALGM
Allegro MicroSystems
3.5203 of 5 stars
3.52 / 5 stars
$27.66
-4.3%
$37.44
+35.4%
-50.9%$5.36B$1.05B35.464,040Upcoming Earnings
News Coverage
CRDO
Credo Technology Group
3.2455 of 5 stars
3.25 / 5 stars
$30.57
+3.6%
$30.38
-0.6%
+69.7%$5.05B$192.97M-169.83380Insider Selling
News Coverage
PI
Impinj
4.541 of 5 stars
4.54 / 5 stars
$161.52
-11.0%
$169.60
+5.0%
+98.5%$5.03B$298.47M-461.49390Earnings Report
Analyst Forecast
News Coverage
Gap Up
High Trading Volume
LPL
LG Display
0.7261 of 5 stars
0.73 / 5 stars
$4.54
+1.1%
N/A-19.1%$4.54B$16.34B-1.8766,418Short Interest ↓
SITM
SiTime
0.6386 of 5 stars
0.64 / 5 stars
$155.57
+0.9%
$141.00
-9.4%
+15.2%$3.56B$143.99M-37.67380Gap Up
NSSC
Napco Security Technologies
3.4749 of 5 stars
3.47 / 5 stars
$56.72
+2.1%
$54.14
-4.5%
+47.0%$2.09B$170M45.021,150
ICHR
Ichor
2.8502 of 5 stars
2.85 / 5 stars
$36.59
-0.3%
$46.60
+27.4%
-5.5%$1.22B$811.12M-20.672,245Short Interest ↑
Positive News
INDI
indie Semiconductor
2.4617 of 5 stars
2.46 / 5 stars
$6.43
+0.3%
$12.64
+96.6%
-34.2%$1.20B$223.17M-13.12400Gap Up
SHLS
Shoals Technologies Group
3.4228 of 5 stars
3.42 / 5 stars
$6.63
-0.2%
$15.06
+127.1%
-75.0%$1.13B$488.94M36.841,309Gap Up

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This page (NYSE:WOLF) was last updated on 7/26/2024 by MarketBeat.com Staff

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