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S&P 500   4,320.06
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MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Options Trading Plan–Perfect For Beginners (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Options Trading Plan–Perfect For Beginners (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Options Trading Plan–Perfect For Beginners (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford

SunPower (SPWR) Stock Forecast, Price & News

$6.37
-0.25 (-3.78%)
(As of 09/22/2023 ET)
Compare
Today's Range
$6.36
$6.80
50-Day Range
$6.37
$11.59
52-Week Range
$6.31
$25.75
Volume
2.83 million shs
Average Volume
3.92 million shs
Market Capitalization
$1.12 billion
P/E Ratio
21.23
Dividend Yield
N/A
Price Target
$14.05

SunPower MarketRank™ Forecast

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
120.6% Upside
$14.05 Price Target
Short Interest
Bearish
31.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
+0.03
Upright™ Environmental Score
News Sentiment
-0.10mentions of SunPower in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.32) to ($0.04) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Oils/Energy Sector

117th out of 244 stocks

Semiconductors & Related Devices Industry

50th out of 86 stocks


SPWR stock logo

About SunPower (NASDAQ:SPWR) Stock

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. The company also provides post-installation monitoring and maintenance services. It serves residential customers, including individual homeowners and new home builders. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of TotalEnergies SE.

SPWR Price History

SPWR Stock News Headlines

SunPower Corporation
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Wells Fargo Sticks to Its Hold Rating for SunPower (SPWR)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Why Investors Went Cold on SunPower Stock This Week
Analyst Expectations for SunPower's Future
Unraveling the Challenges Ahead for SunPower Corp (SPWR)
SunPower (SPWR) Stock Soars on Climate Deal
What's Going On With Maxeon Stock Today?
Q2 2023 Maxeon Solar Technologies Ltd Earnings Call
Why Maxeon Solar Technologies Stock Cracked Today
Residential Solar Weakness Hits SunPower
See More Headlines
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SPWR Company Calendar

Last Earnings
8/01/2023
Today
9/24/2023
Next Earnings (Confirmed)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:SPWR
Previous Symbol
NASDAQ:SPWRA
CUSIP
86765240
Employees
3,480
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.05
High Stock Price Forecast
$27.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+120.6%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
22 Analysts

Profitability

Net Income
$56.04 million
Pretax Margin
3.69%

Debt

Sales & Book Value

Annual Sales
$1.74 billion
Cash Flow
$0.38 per share
Book Value
$3.30 per share

Miscellaneous

Free Float
174,614,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
1.89
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Key Executives

  • Mr. Peter T. Faricy (Age 57)
    Chairman, Pres & CEO
    Comp: $1.22M
  • Mr. Jason MacRae (Age 50)
    Exec. VP of Financial Products
    Comp: $1.31M
  • Mr. Guthrie Dundas (Age 38)
    VP of Fin. & Treasurer
    Comp: $435.93k
  • Ms. Elizabeth Eby (Age 59)
    Exec. VP & CFO
  • Ms. Jennifer Johnston
    Exec. VP & COO
  • Ms. Vichheka  HeangMs. Vichheka Heang (Age 43)
    VP, Corp. Controller & Principal Accounting Officer
  • Mr. Josh Koppelman
    Exec. VP & CTO
  • Mr. Michael Weinstein
    VP of Investor Relations
  • Ms. Eileen Evans
    Exec. VP, Chief Legal Officer & Corp. Sec.
  • Mr. Jim Dawe
    Global VP of Sales & Marketing













SPWR Stock - Frequently Asked Questions

Should I buy or sell SunPower stock right now?

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 3 sell ratings, 15 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SPWR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPWR, but not buy additional shares or sell existing shares.
View SPWR analyst ratings
or view top-rated stocks.

What is SunPower's stock price forecast for 2023?

22 brokerages have issued twelve-month price objectives for SunPower's stock. Their SPWR share price forecasts range from $7.00 to $27.00. On average, they expect the company's share price to reach $14.05 in the next twelve months. This suggests a possible upside of 120.6% from the stock's current price.
View analysts price targets for SPWR
or view top-rated stocks among Wall Street analysts.

How have SPWR shares performed in 2023?

SunPower's stock was trading at $18.03 at the beginning of the year. Since then, SPWR shares have decreased by 64.7% and is now trading at $6.37.
View the best growth stocks for 2023 here
.

When is SunPower's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our SPWR earnings forecast
.

How can I listen to SunPower's earnings call?

SunPower will be holding an earnings conference call on Wednesday, November 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were SunPower's earnings last quarter?

SunPower Co. (NASDAQ:SPWR) released its quarterly earnings data on Tuesday, August, 1st. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by $0.11. The semiconductor company had revenue of $463.85 million for the quarter, compared to the consensus estimate of $462.85 million. SunPower had a net margin of 3.37% and a negative trailing twelve-month return on equity of 2.67%.

What guidance has SunPower issued on next quarter's earnings?

SunPower updated its second quarter 2023 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $464.00 million-$464.00 million, compared to the consensus revenue estimate of $483.76 million.

What is Tom Werner's approval rating as SunPower's CEO?

197 employees have rated SunPower Chief Executive Officer Tom Werner on Glassdoor.com. Tom Werner has an approval rating of 79% among the company's employees.

What other stocks do shareholders of SunPower own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SunPower investors own include Tesla (TSLA), Advanced Micro Devices (AMD), First Solar (FSLR), Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Intel (INTC), Cisco Systems (CSCO), QUALCOMM (QCOM) and Walt Disney (DIS).

What is SunPower's stock symbol?

SunPower trades on the NASDAQ under the ticker symbol "SPWR."

Who are SunPower's major shareholders?

SunPower's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.06%), Schroder Investment Management Group (3.89%), State Street Corp (2.19%), Geode Capital Management LLC (1.03%), Goldman Sachs Group Inc. (0.00%) and Northern Trust Corp (0.55%). Insiders that own company stock include Douglas J Richards, Douglas J Richards, Kenneth Lawrence Mahaffey, Manavendra Sial, Peter Faricy, Thomas H Werner and Vichheka Heang.
View institutional ownership trends
.

How do I buy shares of SunPower?

Shares of SPWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SunPower's stock price today?

One share of SPWR stock can currently be purchased for approximately $6.37.

How much money does SunPower make?

SunPower (NASDAQ:SPWR) has a market capitalization of $1.12 billion and generates $1.74 billion in revenue each year. The semiconductor company earns $56.04 million in net income (profit) each year or $0.30 on an earnings per share basis.

How many employees does SunPower have?

The company employs 3,480 workers across the globe.

How can I contact SunPower?

SunPower's mailing address is 51 RIO ROBLES, SAN JOSE CA, 95134. The official website for the company is www.sunpowercorp.com. The semiconductor company can be reached via phone at (408) 240-5500, via email at bob.okunski@sunpower.com, or via fax at 302-655-5049.

This page (NASDAQ:SPWR) was last updated on 9/24/2023 by MarketBeat.com Staff

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