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NASDAQ:CREE - Cree Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $90.50
  • Forecasted Upside: 43.38 %
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$63.12 As of 07/1/2022 01:00 AM ET
▼ -0.33 (-0.52%)
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Analyst Price Target for CREE

Analyst Price Target is $90.50
▲ +43.38% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Cree in the last 3 months. The average price target is $90.50, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 43.38% upside from the last price of $63.12.

This chart shows the closing price for CREE for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 6 contributing investment analysts is to hold stock in Cree. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
1/12/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
4/12/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
7/11/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
10/9/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
1/7/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
4/7/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/6/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
7/6/2022

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/27/2021Deutsche Bank AktiengesellschaftLower Price TargetHold$100.00 ➝ $90.00Low
9/17/2021Bank of AmericaDowngradeNeutral ➝ Underperform$93.00Low
8/18/2021Bank of AmericaDowngradeBuy ➝ Neutral$140.00 ➝ $93.00High
8/18/2021BMO Capital MarketsLower Price TargetMarket Perform$110.00 ➝ $80.00High
8/18/2021Wells Fargo & CompanyLower Price TargetIn-Line ➝ Equal Weight$115.00 ➝ $85.00High
8/18/2021Piper SandlerLower Price TargetIn-Line ➝ Neutral$110.00 ➝ $80.00High
8/16/2021CowenLower Price TargetOutperform$150.00 ➝ $115.00High
5/10/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ NeutralHigh
5/5/2021JPMorgan Chase & Co.Reiterated RatingUnderweight ➝ Neutral$108.00Low
4/29/2021JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$108.00High
4/26/2021Morgan StanleyBoost Price TargetEqual Weight$93.00 ➝ $100.00High
4/9/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$100.00 ➝ $110.00High
4/8/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$100.00 ➝ $115.00Low
3/29/2021New Street ResearchInitiated CoverageBuy$120.00High
3/1/2021Bank of AmericaInitiated CoverageBuy$140.00 ➝ $140.00Low
2/25/2021Charter EquityUpgradeMarket Perform ➝ Market OutperformHigh
2/22/2021CowenUpgradeMarket Perform ➝ Outperform$90.00 ➝ $150.00High
2/17/2021CitigroupUpgradeNeutral ➝ Buy$105.00 ➝ $160.00Low
1/28/2021Roth CapitalUpgradeNeutral ➝ BuyLow
1/28/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$65.00 ➝ $100.00High
1/27/2021Roth CapitalBoost Price TargetIn-Line ➝ Neutral$65.00 ➝ $105.00Medium
1/26/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$60.00 ➝ $100.00Low
1/25/2021CitigroupBoost Price Target$71.00 ➝ $125.00High
1/5/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$98.00 ➝ $108.00N/A
12/29/2020The Goldman Sachs GroupBoost Price TargetNeutral$67.00 ➝ $77.00N/A
12/9/2020JPMorgan Chase & Co.Boost Price TargetOverweight$90.00 ➝ $98.00High
12/7/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$93.00Low
11/19/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$90.00High
10/29/2020Wells Fargo & CompanyLower Price TargetEqual Weight$75.00 ➝ $65.00High
10/29/2020Piper SandlerLower Price TargetNeutral$73.00 ➝ $68.00Medium
10/29/2020Roth CapitalLower Price TargetNeutral$75.00 ➝ $65.00High
10/26/2020Charter EquityReiterated RatingMarket Outperform ➝ Market PerformMedium
10/20/2020Piper SandlerBoost Price TargetAverage ➝ Neutral$65.00 ➝ $73.00Low
8/20/2020CitigroupLower Price Target$82.00 ➝ $71.00Low
8/19/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$45.00 ➝ $65.00High
8/19/2020Roth CapitalDowngradeBuy ➝ Neutral$55.00 ➝ $75.00High
8/19/2020Morgan StanleyBoost Price TargetOverweight$68.00 ➝ $74.00High
8/19/2020Charter EquityReiterated RatingBuyHigh
8/19/2020Piper SandlerBoost Price TargetNeutral$46.00 ➝ $65.00High
8/19/2020The Goldman Sachs GroupBoost Price TargetIn-Line ➝ Neutral$56.00 ➝ $64.00High
8/19/2020JMP SecuritiesDowngradeOutperform ➝ Market PerformHigh
8/17/2020Deutsche Bank AktiengesellschaftBoost Price TargetHold$45.00 ➝ $60.00Low
8/12/2020CitigroupInitiated CoverageNeutral$82.00Medium
6/22/2020Morgan StanleyReiterated RatingBuy$68.00Low
6/16/2020Morgan StanleyBoost Price TargetOverweight$54.00 ➝ $68.00Medium
6/10/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$50.00 ➝ $56.00High
5/26/2020JMP SecuritiesUpgradeMarket Perform ➝ Outperform$74.00Medium
5/20/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$40.00 ➝ $60.00High
4/30/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$35.00 ➝ $45.00Medium
4/30/2020Roth CapitalBoost Price TargetIn-Line ➝ Buy$50.00 ➝ $55.00High
4/17/2020JPMorgan Chase & Co.Boost Price TargetUnderweight$30.00 ➝ $36.00Low
4/1/2020Piper SandlerUpgradeUnderweight ➝ Neutral$40.00 ➝ $37.00High
3/30/2020Morgan StanleyLower Price TargetOverweight$61.00 ➝ $54.00Medium
3/27/2020Deutsche Bank AktiengesellschaftLower Price TargetHold$45.00 ➝ $42.00High
3/18/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$30.00High
3/10/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$38.00High
2/27/2020Morgan StanleyInitiated CoverageOverweight$62.00 ➝ $62.00Low
1/10/2020Charter EquityInitiated CoverageBuyHigh
10/31/2019Roth CapitalLower Price Target$67.00 ➝ $61.00High
10/31/2019BMO Capital MarketsLower Price TargetMarket Perform$45.00Medium
10/31/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$43.00 ➝ $40.00Medium
10/11/2019Wells Fargo & CompanyInitiated CoverageMarket Perform$50.00Low
8/29/2019BNP ParibasInitiated CoverageUnderperform$40.00Low
8/27/2019JPMorgan Chase & Co.Set Price TargetUnderweight ➝ Neutral$45.00Low
8/26/2019Piper Jaffray CompaniesDowngradeNeutral ➝ Underweight$57.00 ➝ $38.00High
8/21/2019Piper Jaffray CompaniesSet Price TargetHold$57.00Medium
8/21/2019Deutsche Bank AktiengesellschaftLower Price TargetHold$55.00 ➝ $52.00High
8/21/2019BMO Capital MarketsLower Price TargetMarket Perform$55.00 ➝ $50.00High
8/21/2019JMP SecuritiesDowngradeOutperform ➝ Market PerformHigh
6/17/2019JMP SecuritiesBoost Price TargetMarket Outperform$71.00 ➝ $81.00Low
6/13/2019Roth CapitalLower Price TargetBuy$73.00 ➝ $67.00High
6/3/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform$55.00Medium
5/2/2019CowenSet Price TargetHold$55.00Medium
5/2/2019CIBCReiterated RatingOutperform ➝ Market PerformHigh
5/2/2019CitigroupDowngradeOutperform ➝ Market PerformHigh
5/2/2019OppenheimerDowngradeOutperform ➝ Market Perform$58.00 ➝ $64.78High
3/20/2019JMP SecuritiesUpgradeMarket Perform ➝ Outperform$56.29 ➝ $74.00Medium
1/31/2019OppenheimerBoost Price TargetOutperform$53.00 ➝ $59.00Low
1/29/2019JMP SecuritiesDowngradeOutperform ➝ Market Perform$49.32High
12/9/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$45.96Low
11/30/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$35.00Medium
11/12/2018BMO Capital MarketsInitiated CoverageOutperform$55.00High
11/8/2018The Goldman Sachs GroupUpgradeNeutral ➝ Buy$58.00High
10/17/2018Deutsche Bank AktiengesellschaftLower Price TargetHold$42.00High
10/17/2018JMP SecuritiesSet Price TargetBuy$46.00High
10/17/2018Nomura SecuritiesSet Price TargetNeutral ➝ Hold$44.00 ➝ $40.00High
10/11/2018CowenSet Price TargetHold$45.00 ➝ $38.00Medium
10/9/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$35.00Low
9/11/2018Roth CapitalUpgradeNeutral ➝ Buy$50.00 ➝ $60.00High
8/27/2018Deutsche Bank AktiengesellschaftInitiated CoverageHold ➝ Hold$47.00High
8/15/2018Roth CapitalSet Price TargetHold$50.00Low
8/9/2018CowenReiterated RatingHold$45.00Low
7/18/2018Nomura SecuritiesInitiated CoverageNeutral$44.00Low
6/27/2018Roth CapitalBoost Price TargetNeutral$39.00 ➝ $45.00High
4/25/2018CIBCUpgradeMarket Perform ➝ OutperformHigh
4/25/2018SunTrust BanksBoost Price TargetBuy ➝ Market Perform$39.36 ➝ $53.00High
4/25/2018OppenheimerUpgradeMarket Perform ➝ Outperform$53.00High
4/25/2018Piper Jaffray CompaniesReiterated RatingHold$45.00High
3/20/2018Deutsche Bank AktiengesellschaftSet Price TargetBuy$52.00Low
3/7/2018KeyCorpReiterated RatingHoldLow
3/7/2018Williams CapitalReiterated RatingHold ➝ Hold$36.00 ➝ $38.00High
3/7/2018The Goldman Sachs GroupUpgradeSell ➝ Neutral$39.00 ➝ $41.76High
3/6/2018CowenSet Price TargetHold$37.00Low
2/27/2018Williams CapitalReiterated RatingHold ➝ Hold$32.00 ➝ $36.00High
2/7/2018JPMorgan Chase & Co.Set Price TargetSell$28.00Low
1/24/2018OppenheimerReiterated RatingHoldHigh
1/24/2018Deutsche Bank AktiengesellschaftSet Price TargetBuy$45.00Low
1/24/2018CowenSet Price TargetHold$30.00Low
1/24/2018Williams CapitalUpgradeSell ➝ Hold$27.00 ➝ $32.00High
1/23/2018Tigress FinancialDowngradeStrong-Buy ➝ NeutralHigh
1/23/2018Roth CapitalDowngradeBuy ➝ Neutral$35.00High
12/20/2017Piper Jaffray CompaniesInitiated CoverageNeutral ➝ Neutral$37.00Low
12/20/2017Deutsche Bank AktiengesellschaftSet Price TargetBuy$45.00Low
12/19/2017JPMorgan Chase & Co.Set Price TargetSell$28.00Medium
12/19/2017Northland SecuritiesReiterated RatingMarket Perform ➝ Under Perform$28.00High
12/12/2017Deutsche Bank AktiengesellschaftSet Price TargetBuy$45.00High
12/11/2017KeyCorpReiterated RatingHoldHigh
11/6/2017Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$26.00 ➝ $45.00N/A
10/19/2017Williams CapitalDowngradeHold ➝ Sell$27.00N/A
10/18/2017The Goldman Sachs GroupSet Price TargetSell$19.00N/A
10/18/2017OppenheimerReiterated RatingHoldN/A
10/18/2017Bank of AmericaBoost Price TargetNeutral$31.00 ➝ $32.00N/A
10/18/2017JMP SecuritiesSet Price TargetBuy$29.00 ➝ $41.00N/A
10/16/2017Roth CapitalSet Price TargetBuy$35.00N/A
10/6/2017JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$23.00 ➝ $28.00N/A
9/28/2017Northland SecuritiesReiterated RatingHold$28.00Low
9/26/2017Needham & Company LLCReiterated RatingHoldLow
8/25/2017KeyCorpReiterated RatingEqual Weight$21.00Low
8/23/2017Bank of AmericaLower Price TargetNeutral$28.00 ➝ $26.00High
8/23/2017CowenSet Price TargetHold$22.00Medium
8/23/2017Deutsche Bank AktiengesellschaftReiterated RatingHold$24.00 ➝ $22.00Medium
8/23/2017StephensDowngradeEqual Weight ➝ Underweight$27.50 ➝ $16.50High
8/22/2017Roth CapitalSet Price TargetBuy$29.00High
(Data available from 7/6/2017 forward)

News Sentiment Rating

0.00 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
12/8/2021
  • 2 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 3 very negative mentions
Mentions as of
1/7/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/6/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/8/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/7/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 3 very negative mentions
Mentions as of
5/7/2022
  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
Mentions as of
6/6/2022
  • 1 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
7/6/2022

Current Sentiment

  • 1 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Cree logo
Cree, Inc. is an innovator of Wolfspeed power and radio frequency (RF) semiconductors. Its Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.
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Today's Range

Now: $63.12
Low: $61.66
High: $64.47

50 Day Range

MA: $86.44
Low: $78.36
High: $96.60

52 Week Range

Now: $63.12
Low: $60.56
High: $129.90

Volume

1,876,770 shs

Average Volume

1,548,203 shs

Market Capitalization

$7.31 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.44

Frequently Asked Questions

What sell-side analysts currently cover shares of Cree?

The following Wall Street sell-side analysts have issued research reports on Cree in the last year: Bank of America Co., BMO Capital Markets, Cowen Inc, Deutsche Bank Aktiengesellschaft, Piper Sandler, and Wells Fargo & Company.
View the latest analyst ratings for CREE.

What is the current price target for Cree?

0 Wall Street analysts have set twelve-month price targets for Cree in the last year. Their average twelve-month price target is $90.50, suggesting a possible upside of 43.4%.
View the latest price targets for CREE.

What is the current consensus analyst rating for Cree?

Cree currently has 1 sell rating, 4 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CREE, but not buy more shares or sell existing shares.
View the latest ratings for CREE.

How do I contact Cree's investor relations team?

Cree's physical mailing address is 4600 Silicon Drive, DURHAM NC, 27703. The LED producer's listed phone number is (919) 313-5300 and its investor relations email address is [email protected] The official website for Cree is www.cree.com. Learn More about contacing Cree investor relations.