Lowest-Rated StocksLowest-RatedNASDAQ:SPWR SunPower (SPWR) Stock Forecast, Price & News $10.89 -0.03 (-0.27%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$10.80▼$11.2750-Day Range$9.57▼$14.6852-Week Range$9.37▼$28.42Volume4.66 million shsAverage Volume4.75 million shsMarket Capitalization$1.91 billionP/E Ratio83.78Dividend YieldN/APrice Target$17.82 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SunPower MarketRank™ ForecastAnalyst RatingHold2.09 Rating ScoreUpside/Downside63.6% Upside$17.82 Price TargetShort InterestBearish15.60% of Float Sold ShortDividend StrengthN/ASustainability+0.03Upright™ Environmental ScoreNews Sentiment0.24Based on 5 Articles This WeekInsider TradingAcquiring Shares$99,675 Bought Last QuarterProj. Earnings Growth238.46%From $0.13 to $0.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.70 out of 5 starsOils/Energy Sector63rd out of 248 stocksSemiconductors & Related Devices Industry12th out of 89 stocks 4.0 Analyst's Opinion Consensus RatingSunPower has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 4 buy ratings, 17 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.82, SunPower has a forecasted upside of 63.6% from its current price of $10.89.Amount of Analyst CoverageSunPower has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted15.60% of the float of SunPower has been sold short.Short Interest Ratio / Days to CoverSunPower has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SunPower has recently increased by 17.13%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSunPower does not currently pay a dividend.Dividend GrowthSunPower does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSunPower has received a 66.23% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Solar panels", "Installation services of solar panels", and "Construction of solar power plants" products. See details.Environmental SustainabilityThe Environmental Impact score for SunPower is 0.03. Previous Next 1.8 News and Social Media Coverage News SentimentSunPower has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for SunPower this week, compared to 7 articles on an average week.Search InterestOnly 17 people have searched for SPWR on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat Follows9 people have added SunPower to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SunPower insiders have bought more of their company's stock than they have sold. Specifically, they have bought $99,675.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.33% of the stock of SunPower is held by insiders.Percentage Held by InstitutionsOnly 36.07% of the stock of SunPower is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for SunPower are expected to grow by 238.46% in the coming year, from $0.13 to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SunPower is 83.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.65.Price to Earnings Ratio vs. SectorThe P/E ratio of SunPower is 83.78, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.21.Price to Earnings Growth RatioSunPower has a PEG Ratio of 3.18. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSunPower has a P/B Ratio of 3.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SunPower (NASDAQ:SPWR) StockSunPower Corp. engages in the design, manufacture, and delivery of solar panels and systems. The company provides fully integrated solar, storage, and home energy solutions. The company was founded by Thomas L. Dinwoodie, Robert Lorenzini and Richard M. Swanson in April 1985 and is headquartered in Richmond, CA.Read More Receive SPWR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SunPower and its competitors with MarketBeat's FREE daily newsletter. Email Address SPWR Stock News HeadlinesMay 16, 2023 | marketbeat.comFirst Solar Rises to a 15-Year High on Sunny Takeover Deal (SPWR)First Solar is shining again, trading at its highest level since 2008 thanks to an astute buyout and positive regulatory news.June 2, 2023 | finance.yahoo.comSunPower (SPWR) Down 0.4% Since Last Earnings Report: Can It Rebound?June 4, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. June 1, 2023 | americanbankingnews.comSunPower Sees Unusually Large Options Volume (NASDAQ:SPWR)May 31, 2023 | americanbankingnews.comSunPower Co. (NASDAQ:SPWR) Short Interest Up 17.1% in MayMay 27, 2023 | americanbankingnews.comFY2025 EPS Estimates for SunPower Co. (NASDAQ:SPWR) Cut by AnalystMay 23, 2023 | markets.businessinsider.comSunPower (SPWR) Receives a Sell from BarclaysMay 22, 2023 | americanbankingnews.comSunPower (NASDAQ:SPWR) Coverage Initiated by Analysts at StockNews.comJune 4, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 22, 2023 | americanbankingnews.comAnalysts Set SunPower Co. (NASDAQ:SPWR) Price Target at $17.82May 18, 2023 | finance.yahoo.comSunPower Appoints Audrey Zibelman to its Board of DirectorsMay 16, 2023 | finance.yahoo.comThe three-year decline in earnings for SunPower NASDAQ:SPWR) isn't encouraging, but shareholders are still up 131% over that periodMay 15, 2023 | msn.comElizabeth Eby joins SunPower from NeoPhotonics as CFOMay 15, 2023 | markets.businessinsider.comSunPower Names Elizabeth Eby CFOMay 15, 2023 | finance.yahoo.comSunPower Appoints Chief Financial OfficerMay 13, 2023 | americanbankingnews.comBank of America Cuts SunPower (NASDAQ:SPWR) Price Target to $13.00May 12, 2023 | msn.comB of A Securities Maintains Sunpower (SPWR) Neutral RecommendationMay 11, 2023 | finance.yahoo.comQ1 2023 Maxeon Solar Technologies Ltd Earnings CallMay 9, 2023 | msn.comWells Fargo Maintains Sunpower (SPWR) Equal-Weight RecommendationMay 9, 2023 | americanbankingnews.comPiper Sandler Cuts SunPower (NASDAQ:SPWR) Price Target to $12.00May 7, 2023 | americanbankingnews.comSusquehanna Cuts SunPower (NASDAQ:SPWR) Price Target to $22.00May 5, 2023 | americanbankingnews.comTruist Financial Cuts SunPower (NASDAQ:SPWR) Price Target to $15.00May 4, 2023 | finance.yahoo.comSunPower (SPWR) Q1 Earnings Miss Estimates, Sales Rise Y/YMay 4, 2023 | finance.yahoo.comSunPower Disappoints but Sees a Brighter FutureMay 4, 2023 | americanbankingnews.comSunPower (NASDAQ:SPWR) Price Target Cut to $24.00 by Analysts at Robert W. BairdMay 4, 2023 | americanbankingnews.comRobert W. Baird Lowers SunPower (NASDAQ:SPWR) Price Target to $24.00May 4, 2023 | seekingalpha.comSunPower Corporation: Synergizing Acquisitions Spark Geographic ExpansionSee More Headlines SPWR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPWR Company Calendar Last Earnings8/02/2022Today6/04/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorOils/Energy Current SymbolNASDAQ:SPWR Previous SymbolNASDAQ:SPWRA CUSIP86765240 CIK867773 Webwww.sunpowercorp.com Phone(408) 240-5500Fax302-655-5049Employees3,480Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.82 High Stock Price Forecast$27.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+63.6%Consensus RatingHold Rating Score (0-4)2.09 Research Coverage23 Analysts Profitability EPS (Most Recent Fiscal Year)$0.13 Trailing P/E Ratio83.78 Forward P/E Ratio83.77 P/E Growth3.18Net Income$56.04 million Net Margins1.81% Pretax Margin3.33% Return on Equity3.12% Return on Assets0.99% Debt Debt-to-Equity Ratio0.31 Current Ratio1.44 Quick Ratio0.88 Sales & Book Value Annual Sales$1.74 billion Price / Sales1.09 Cash Flow$0.38 per share Price / Cash Flow28.66 Book Value$2.88 per share Price / Book3.78Miscellaneous Outstanding Shares174,960,000Free Float174,386,000Market Cap$1.91 billion OptionableOptionable Beta1.89 Key ExecutivesPeter FaricyChairman, President & Chief Executive OfficerJennifer JohnstonChief Operating Officer & Executive Vice PresidentGuthrie DundasChief Financial OfficerJosh KoppelmanChief Technology Officer & Executive VPJune SauvagetChief Marketing Officer & Executive Vice PresidentKey CompetitorsJinkoSolarNYSE:JKSMaxeon Solar TechnologiesNASDAQ:MAXNCanadian SolarNASDAQ:CSIQShoals Technologies GroupNASDAQ:SHLSCallon PetroleumNYSE:CPEView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 10,244 shares on 5/26/2023Ownership: 0.015%Ameriprise Financial Inc.Sold 6,147 shares on 5/22/2023Ownership: 0.116%JPMorgan Chase & Co.Bought 256,857 shares on 5/18/2023Ownership: 0.360%Harvest Portfolios Group Inc.Sold 3,727 shares on 5/18/2023Ownership: 0.031%New York State Common Retirement FundSold 18,580 shares on 5/18/2023Ownership: 0.025%View All Insider TransactionsView All Institutional Transactions SPWR Stock - Frequently Asked Questions Should I buy or sell SunPower stock right now? 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last twelve months. There are currently 2 sell ratings, 17 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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? 23 equities research analysts have issued twelve-month price objectives for SunPower's stock. Their SPWR share price forecasts range from $12.00 to $27.00. On average, they anticipate the company's stock price to reach $17.82 in the next twelve months. This suggests a possible upside of 63.6% 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 start of the year. Since then, SPWR shares have decreased by 39.6% and is now trading at $10.89. View the best growth stocks for 2023 here. Are investors shorting SunPower? SunPower saw a increase in short interest in May. As of May 15th, there was short interest totaling 13,400,000 shares, an increase of 17.1% from the April 30th total of 11,440,000 shares. Based on an average daily volume of 4,690,000 shares, the short-interest ratio is presently 2.9 days. Currently, 15.6% of the shares of the company are short sold. View SunPower's Short Interest. When is SunPower's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our SPWR earnings forecast. How were SunPower's earnings last quarter? SunPower Co. (NASDAQ:SPWR) announced its earnings results on Tuesday, August, 2nd. The semiconductor company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.05 by $0.02. The semiconductor company earned $417.80 million during the quarter, compared to analyst estimates of $364.47 million. SunPower had a trailing twelve-month return on equity of 3.12% and a net margin of 1.81%. The business's revenue was up 60.2% on a year-over-year basis. During the same period last year, the firm posted $0.01 earnings per share. What ETFs hold SunPower's stock? ETFs with the largest weight of SunPower (NASDAQ:SPWR) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), Global X Clean Tech ETF (CTEC), Invesco Solar ETF (TAN), SPDR Kensho Clean Power ETF (CNRG), Invesco WilderHill Clean Energy ETF (PBW), AXS Green Alpha ETF (NXTE), ALPS Clean Energy ETF (ACES) and AdvisorShares Gerber Kawasaki ETF (GK). 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (8.91%), State Street Corp (1.96%), Geode Capital Management LLC (0.98%), First Trust Advisors LP (0.60%), Bank of New York Mellon Corp (0.48%) and DekaBank Deutsche Girozentrale (0.47%). 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 $10.89. How much money does SunPower make? SunPower (NASDAQ:SPWR) has a market capitalization of $1.91 billion and generates $1.74 billion in revenue each year. The semiconductor company earns $56.04 million in net income (profit) each year or $0.13 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SunPower Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.