SunPower Co. (NASDAQ:SPWR) to Post Q1 2026 Earnings of $0.04 Per Share, Zacks Research Forecasts

SunPower Co. (NASDAQ:SPWR - Free Report) - Research analysts at Zacks Research reduced their Q1 2026 earnings per share estimates for shares of SunPower in a report released on Tuesday, April 16th. Zacks Research analyst A. Dutta now anticipates that the semiconductor company will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.08. The consensus estimate for SunPower's current full-year earnings is ($0.74) per share.

Other equities analysts have also recently issued reports about the company. Mizuho decreased their target price on SunPower from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Tuesday, January 30th. Wells Fargo & Company reissued an "underweight" rating and set a $4.00 price target (down from $6.00) on shares of SunPower in a report on Monday, January 8th. Citigroup decreased their price target on SunPower from $3.00 to $2.50 and set a "sell" rating on the stock in a report on Thursday, March 28th. Truist Financial decreased their price target on SunPower from $5.00 to $3.50 and set a "hold" rating on the stock in a report on Tuesday, January 23rd. Finally, Evercore ISI decreased their price target on SunPower from $7.00 to $6.00 and set an "outperform" rating on the stock in a report on Tuesday, February 20th. Ten equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, SunPower presently has an average rating of "Hold" and a consensus price target of $4.82.

SunPower Price Performance

SunPower stock remained flat at $2.31 during trading on Wednesday. The company had a trading volume of 6,008,021 shares, compared to its average volume of 7,054,332. SunPower has a one year low of $2.21 and a one year high of $14.73. The business's 50 day moving average is $3.02 and its 200-day moving average is $3.91. The stock has a market capitalization of $405.08 million, a price-to-earnings ratio of -1.69 and a beta of 1.73.

SunPower (NASDAQ:SPWR - Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The semiconductor company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by ($0.24). SunPower had a negative return on equity of 40.95% and a negative net margin of 14.15%. The firm had revenue of $356.91 million during the quarter, compared to analysts' expectations of $364.58 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPWR. International Assets Investment Management LLC grew its position in SunPower by 383.0% in the fourth quarter. International Assets Investment Management LLC now owns 5,366 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 4,255 shares in the last quarter. Wedmont Private Capital purchased a new position in SunPower in the first quarter worth about $30,000. Avior Wealth Management LLC purchased a new position in SunPower in the third quarter worth about $31,000. PNC Financial Services Group Inc. grew its position in SunPower by 86.3% in the second quarter. PNC Financial Services Group Inc. now owns 4,327 shares of the semiconductor company's stock worth $42,000 after acquiring an additional 2,005 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its position in SunPower by 53.3% in the third quarter. Exchange Traded Concepts LLC now owns 7,296 shares of the semiconductor company's stock worth $45,000 after acquiring an additional 2,537 shares in the last quarter. Hedge funds and other institutional investors own 47.36% of the company's stock.

SunPower Company Profile

SunPower Corporation, a solar technology and energy services provider, offers solar, storage, and home energy solutions primarily in the United States and Canada. Its solutions include the Equinox and SunVault systems which are pre-engineered modular solutions for residential applications that combine solar module technology with integrated plug-and-play power stations, cable management systems, and mounting hardware that enable dealers and installers to complete system installations, as well as for end customers to manage their energy production.