CREE - Cree, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
57.27
+2.12 (+3.84%)
At close: 4:00PM EDT
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Previous Close55.15
Open56.01
Bid53.27 x 2900
Ask0.00 x 1400
Day's Range55.58 - 57.39
52 Week Range33.72 - 69.21
Volume1,481,589
Avg. Volume1,484,457
Market Cap6.028B
Beta (3Y Monthly)1.33
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • Business Wire16 days ago

    Cree Updates Q4 FY 2019 Financial Guidance

    Cree, Inc. , the global leader in silicon carbide semiconductors, announced an update to its financial guidance for the fourth quarter of fiscal 2019.

  • Cree Selected as Silicon Carbide Partner for the Volkswagen Group FAST Program
    Business Wirelast month

    Cree Selected as Silicon Carbide Partner for the Volkswagen Group FAST Program

    Cree, Inc. (CREE), the global leader in silicon carbide (SiC) semiconductors, has been selected as the exclusive silicon carbide partner for the Volkswagen Group’s “Future Automotive Supply Tracks” Initiative (FAST). “The Volkswagen Group has committed to launch almost 70 new electric models in the next ten years, which is up from our pledge of 50 and increases the projected number of vehicles to be built on the Group’s electric platforms from 15 million to 22 million in that timeframe. This agreement connects two simultaneous revolutions: the automotive industry’s move from internal combustion engines to EVs and the growing adoption of silicon carbide in the semiconductor market.

  • Business Wirelast month

    Cree Closes on the Sale of Cree Lighting to IDEAL INDUSTRIES, Inc.

    Cree, Inc. (CREE) announced today that it has completed the sale of its Lighting Products business unit (“Cree Lighting”) to IDEAL INDUSTRIES, Inc. The transaction includes the LED lighting fixtures, lamps and corporate lighting solutions business for commercial, industrial and consumer applications. “This represents a pivotal chapter for Cree as we sharpen our focus to become a semiconductor powerhouse in silicon carbide and GaN technologies,” said Gregg Lowe, CEO of Cree. “Cree’s technologies are helping to power major transitions in our economy, whether it’s the automotive industry’s transition to electric vehicles or the telecommunications sector’s move to faster 5G networks.

  • Business Wire2 months ago

    Cree, Inc. to Webcast Upcoming Conference Presentation

    Cree, Inc. today announced it will webcast its presentation at an upcoming event.

  • Cree to Invest $1 Billion to Expand Silicon Carbide Capacity
    Business Wire2 months ago

    Cree to Invest $1 Billion to Expand Silicon Carbide Capacity

    As part of its long-term growth strategy, Cree, Inc. (CREE) announces it will invest up to $1 billion in the expansion of its silicon carbide capacity with the development of a state-of-the-art, automated 200mm silicon carbide fabrication facility and a materials mega factory at its U.S. campus headquarters in Durham, N.C. It marks the company’s largest investment to date in fueling its Wolfspeed silicon carbide and GaN on silicon carbide business. Upon completion in 2024, the facilities will substantially increase the company’s silicon carbide materials capability and wafer fabrication capacity, allowing wide bandgap semiconductor solutions that enable the dramatic technology shifts underway within the automotive, communications infrastructure and industrial markets.

  • Business Wire2 months ago

    Cree Reports Financial Results for the Third Quarter of Fiscal Year 2019

    Cree, Inc. today announced financial results for its third quarter of fiscal 2019, ended March 31, 2019. Revenue from continuing operations for the third quarter of fiscal 2019 was $274 million, which represents a 22% increase compared to revenue from continuing operations of $225 million for the third quarter of fiscal 2018.

  • ACCESSWIRE2 months ago

    Cree, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 1, 2019 / Cree, Inc. (NASDAQ: CREE ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on May 1, 2019 at 5:00 PM Eastern Time. To ...

  • ACCESSWIRE3 months ago

    AI and Mobile Tech Stocks Continue to Outperform

    HENDERSON, NV / ACCESSWIRE / March 28, 2019 / McDonald's is buying a tech startup that it hopes will help it sell customers more of what they want. The fast food giant announced Monday that it is acquiring ...

  • GlobeNewswire3 months ago

    IDEAL INDUSTRIES, INC. Acquires Cree Commercial Lighting and Intelligent Lighting Control Systems

    SYCAMORE, Ill., March 15, 2019 -- IDEAL INDUSTRIES, INC. today announced the acquisition of Cree Lighting, which includes the LED lighting fixtures, lamps and intelligent.

  • Business Wire3 months ago

    Cree to Sell Lighting Business to IDEAL INDUSTRIES, INC.

    Cree, Inc. (CREE) announces the execution of a definitive agreement to sell its Lighting Products business unit (“Cree Lighting”), which includes the LED lighting fixtures, lamps and corporate lighting solutions business for commercial, industrial and consumer applications, to IDEAL INDUSTRIES, INC. for approximately $310 million before tax impacts, including up-front and contingent consideration and the assumption of certain liabilities. Cree expects to receive an initial cash payment of $225 million, subject to purchase price adjustments, and has the potential to receive a targeted earn-out payment of approximately $85 million based on an adjusted EBITDA metric for Cree Lighting over a 12-month period beginning two years after the transaction closes.

  • Business Wire4 months ago

    Cree Delivers Best-in-Class Horticulture Efficiency with New Red XLamp LEDs

    Cree, Inc. (CREE) announces the next-generation XLamp® XP-E2 Photo Red (660 nm) and Far Red (730 nm) LEDs, delivering breakthrough performance for horticulture applications. “Lettuce and tomato farmers in the UK, the Netherlands and Belgium are choosing our Hyperion™ grow lights, powered by Cree’s horticulture LEDs, as the primary light source for their large indoor, state-of-the-art growing facilities,” said Jonathan Barton, Director of Grow Lighting at Plessey Semiconductors. The new XP-E2 LEDs are a drop-in upgrade for existing XP-based horticulture designs with the same mechanical and optical characteristics as the previous generations.

  • Business Wire5 months ago

    Cree Reports Financial Results for the Second Quarter of Fiscal Year 2019

    Cree, Inc. today announced financial results for its second quarter of fiscal 2019, ended December 30, 2018. Revenue for the second quarter of fiscal 2019 was $413 million, which represents a 12% increase compared to revenue of $368 million for the second quarter of fiscal 2018.

  • GlobeNewswire6 months ago

    Report: Exploring Fundamental Drivers Behind Virtusa, Eli Lilly, Cree, NewJersey Resources, Getty Realty, and PennantPark Investment — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Jan. 09, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • GlobeNewswire6 months ago

    STMicroelectronics : Cree and STMicroelectronics Announce Multi-Year Silicon Carbide Wafer Supply Agreement

    PR N°. C2868C PRESS RELEASE Cree and STMicroelectronics Announce Multi-Year Silicon Carbide Wafer Supply Agreement Agreement to boost commercial expansion of SiC in automotive and industrial applications ...

  • Business Wire6 months ago

    Cree and STMicroelectronics Announce Multi-Year Silicon Carbide Wafer Supply Agreement

    Cree, Inc. (CREE) announces that it signed a multi-year agreement to produce and supply its Wolfspeed® silicon carbide (SiC) wafers to STMicroelectronics (STM), a global semiconductor leader serving customers across the spectrum of electronics applications. The agreement governs the supply of a quarter billion dollars of Cree’s advanced 150mm silicon carbide bare and epitaxial wafers to STMicroelectronics during this period of extraordinary growth and demand for silicon carbide power devices.

  • Business Wire7 months ago

    Cree Sets the Mood for Architects, Lighting Designers with Stylish FLEX Series LED Specification Troffer

    Cree, Inc. (CREE) announces the FLEX Series LED Troffer, a new lighting system that gives architects and lighting specifiers remarkable design freedom, to address the $1.2 billion specification tier of the industry. The FLEX Series LED Specification troffer combines aesthetic appeal, design flexibility and premium performance into a slim luminaire design that fits virtually any ceiling type. With five customizable inner-optic choices, architects and designers can create distinctive environments across diverse applications – from corporate offices to hospitals, schools and retail – with just one fixture to spec.

  • ACCESSWIRE7 months ago

    Today's Research Reports on Trending Tickers: Cree and Cirrus Logic

    NEW YORK, NY / ACCESSWIRE / November 14, 2018 / U.S. equities saw losses on Tuesday as continued weakness in oil prices pressured energy stocks lower. Crude oil dropped for the 12th consecutive session, ...

  • Business Wire8 months ago

    Arrow Electronics Expands Distribution Agreement with Cree, Inc.’s Wolfspeed Division

    Extended Agreement Includes Wolfspeed’s RF and Power Products

  • Business Wire8 months ago

    Cree Announces Annual Shareholders Meeting Election Results

    Mr. John C. Hodge and Ms. Duy-Loan T. Le have been elected to the board of directors. Mr. Darren R. Jackson was appointed as chairman by the board of directors. Mr. Robert A. Ingram and Mr. C. Howard Nye retired from their positions on the board of directors, upon expiration of their terms.

  • ACCESSWIRE8 months ago

    Today's Research Reports on Trending Tickers: Cree and Brooks Automation

    NEW YORK, NY / ACCESSWIRE / October 18,2018/ According to Lindsey Bell investment strategist with CFRA, “The market is interpreting the Fed minutes as slightly hawkish.” For a moment, market participants ...

  • Business Wire8 months ago

    Cree, Inc. Announces Long-Term Silicon Carbide Wafer Supply Agreement with a Leading Global Semiconductor Company

    Cree, Inc. (CREE) announces that it signed a strategic long-term agreement to produce and supply its Wolfspeed® silicon carbide wafers to one of the world’s leading power device companies. The agreement, valued at more than $85 million, governs Cree’s supply of advanced 150 mm silicon carbide bare and epitaxial wafers during this period of extraordinary growth and demand for silicon carbide power devices. This customer’s importance to the power device industry is well known, so partnering with a leading power semiconductor company such as this is another big step in that commitment,” said Gregg Lowe, CEO of Cree.

  • Business Wire8 months ago

    Cree Reports Financial Results for the First Quarter of Fiscal Year 2019

    Cree, Inc. today announced financial results for its first quarter of fiscal 2019, ended September 23, 2018. Revenue for the first quarter of fiscal 2019 was $408 million, which represents a 13% increase compared to revenue of $360 million for the first quarter of fiscal 2018.